Aussie Standard Variable
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Moneybuddy says
The Aussie Home Loans Standard Variable gives you a low rate loan with card access through ATM, Eftpos and BPay. Deposit your salary straight into the loan account easily. This loan also has no monthly fee and you have access to unlimited redraws. Pay the loan off over ** years.
The Basics
Interest type Variable rate
Headline interest rate p.a. -
Max LVR -
Annual fee -
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 p.a. -
Introductory term -
Interest rate (p.a.) 1 year -
Interest rate (p.a.) 2 years -
Interest rate (p.a.) 3 years -
Interest rate (p.a.) 4 years -
Interest rate (p.a.) 5 years -
Interest rate (p.a.) 7 years -
Interest rate (p.a.) 10 years -
Interest rate (p.a.) 15 years -
Comparison rate (p.a.) 1 year -
Comparison rate (p.a.) 2 years -
Comparison rate (p.a.) 3 years -
Comparison rate (p.a.) 4 years -
Comparison rate (p.a.) 5 years -
Comparison rate (p.a.) 7 years -
Comparison rate (p.a.) 10 years -
Comparison rate (p.a.) 15 years -
Comparison rate p.a. -
Minimum loan term -
Maximum loan term -
Min loan amount -
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 -
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee -
* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. Money Buddy earns a referral fee in the form of a commission payment per successful application from redirecting website users to Aussie's website. Website users have no obligation to apply for a product or service that they may be referred to by this website.
Aussie says
If you want a standard variable home loan, with a range of flexible features that can be accessed at no extra cost, this might be the loan you need.A load of flexible features, with no ongoing management fees. With the Aussie Standard Variable Loan you can:Redraw - make additional repayments to reduce your interest and redraw the extra funds whenever you need them.Split the loan - fix the rate on part of it.Convert to a fixed rate - you can do this at any time that you need to be sure about your monthly repayment amount.Choose to pay interest only.Choose between fortnightly and monthly repayments.You'll also get online access to view all transactions associated with your loan, plus a printed statement every * months.This loan is portable, but if you choose to switch the property acting as security there is a $*** fee.
Key features
- Redraw - make additional repayments to reduce your interest and redraw the extra funds whenever you need them.
- Split the loan - fix the rate on part of it.
- Convert to a fixed rate - you can do this at any time that you need to be sure about your monthly repayment amount.
- Choose to pay interest only.
- Choose between fortnightly and monthly repayments.
Pros
- Unlimited redraws
- No monthly fee
- Lump sum payments accepted
Cons
- No holiday period
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