Aussie Easyloan Low Doc

Aussie
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Headline interest rate
-
Max LVR
80%
Annual fee
-

Moneybuddy says

The Easyloan Low Doc from Aussie Home Loans is aimed at the investor who might not have standard documentation lenders require. You can borrow a minimum of $75,000 and pay no monthly account keeping fees. You can split the loan to protect against interest rate rises and also take advantage when they fall.

The Basics

Interest type -

Headline interest rate -

Max LVR 80%

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 -

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 -

Interest rate 10 years -

Interest rate 15 years -

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 8.74%

Minimum loan term -

Maximum loan term 30 years

Min loan amount $75,000

Max loan amount $1,000,000

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 $0

* 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

  • Low doc process
  • No monthly fee
  • Unlimited repayments

Cons

  • Options limited if loan is fixed rate
  • High portability fee

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