ANZ Money Saver Land Loan

ANZ
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Headline interest rate
7.01%
Max LVR
90.00%
Annual fee
$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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home > compare home loans > ANZ home loans > ANZ Money Saver Land Loan