Aussie Easyloan Low Doc
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80.00%
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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 80.00%
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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