ANZ Supplementary Loan
5.81%
95%
$0
Moneybuddy says
The ANZ Supplementary Loan gives you access to you access to the equity in your home or investment property and you can use this for a variety of purchases including borrowings and shares. The loan is up to ten years but can be extended depending on the purpose of the loan. Enjoy reduced fees on a transaction account when you link it to the Supplementary loan. Take a repayment holiday when you need to.
The Basics
Interest type -
Headline interest rate 5.81%
Max LVR 95%
Annual fee $0
The cool stuff: features
Draw down loan progressively Yes for up to 12 months
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 8.91%
Minimum loan term -
Maximum loan term 10 years
Min loan amount $5,000
Max loan amount -
Early repayments Yes
Redraw facility Yes
Repayment holiday Yes
Ability to split loan Yes
Extra repayments Yes
Offset account available Yes
Interest only payments Yes
The ugly stuff: fees
Application fee $350
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee $25
* 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
- Unlock equity and use it for other needs
- Repayment holiday
- 100% mortgage offset
Cons
- Redraw fees apply
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