ANZ Money Saver Land Loan
7.01%
90.00%
$96
Moneybuddy says
The ANZ Money Saver Land Loan is designed to save your hard earned cash by giving you a low interest rate and only the features you will use. Access cash any time with the redraw facility and make early repayments when you can. Split the loan and take advantage of the fixed rate protection and variable rate certainty. You must build your house in the first 3 years of the loan term.
The Basics
Interest type -
Headline interest rate 7.01%
Max LVR 90.00%
Annual fee $96
The cool stuff: features
Draw down loan progressively -
Insurance details -
Loan is Transferable Yes
Line of credit available No
Product suits -
The Facts & Figures
Introductory rate -
Introductory term -
Interest rate 1 year -
Interest rate 2 years -
Interest rate 3 years -
Interest rate 4 years -
Interest rate 5 years -
Interest rate 7 years 0%
Interest rate 10 years 0%
Interest rate 15 years 0%
Comparison rate 1 year -
Comparison rate 2 years -
Comparison rate 3 years -
Comparison rate 4 years -
Comparison rate 5 years -
Comparison rate 7 years -
Comparison rate 10 years -
Comparison rate 15 years -
Comparison rate 7.60%
Minimum loan term -
Maximum loan term -
Min loan amount $50,000
Max loan amount -
Early repayments Yes
Redraw facility Yes
Repayment holiday No
Ability to split loan Yes
Extra repayments Yes
Offset account available No
Interest only payments Yes
The ugly stuff: fees
Application fee $500
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee $50
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
Pros
- Interest only payments
- Redraw facility
- Early repayments
Cons
- Monthly administrative fees
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