Aussie Basic

Aussie
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Headline interest rate
6.99%
Max LVR
95.00%
Annual fee
$0

Moneybuddy says

Aussie Basic from Aussie Home Loans is a simple loan with a low interest rate. You can split the loan and pay no monthly fee. You do not get access to ATM, Eftpos or BPay with this loan however. You can make unlimited lump sum repayments and transfer the loan to another property. Fees apply.

The Basics

Interest type -

Headline interest rate 6.99%

Max LVR 95.00%

Annual fee $0

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable Yes

Line of credit available No

Product suits Owner - Occupier

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 7.54%

Minimum loan term -

Maximum loan term 30 years

Min loan amount $50,000

Max loan amount -

Early repayments No

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 $100

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
  • No monthly fee
  • 95% Max LVR

Cons

  • No ATM
  • Eftpos or BPay access

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