Commonwealth Bank Wealth Package Fixed 3 Years

Commonwealth Bank
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Headline interest rate p.a.
5.09%
Comparison rate p.a.
6.10%
Annual fee
$395

Moneybuddy says

The Commonwealth Bank Wealth Package Fixed 3-year home loan is beneficial for you if you have other financial products with the branch. When you successfully become an applicant for the Wealth Package, no longer will you have to pay annual fees on your existing Streamline Transaction Account or CBA Credit Card!

The Basics

Max LVR 95.00%

Interest type Fixed rate

Headline interest rate p.a. 5.09%

Comparison rate p.a. 6.10%

Annual fee $395

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable -

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

Introductory rate p.a. 5.09%

Introductory term 3 years

Interest rate (p.a.) 1 year 5.09%

Interest rate (p.a.) 2 years 5.09%

Interest rate (p.a.) 3 years 5.09%

Interest rate (p.a.) 4 years 5.90%

Interest rate (p.a.) 5 years 5.90%

Interest rate (p.a.) 7 years 5.90%

Interest rate (p.a.) 10 years 5.90%

Interest rate (p.a.) 15 years 5.90%

Comparison rate (p.a.) 1 year 6.26%

Comparison rate (p.a.) 2 years 6.91%

Comparison rate (p.a.) 3 years 6.91%

Comparison rate (p.a.) 4 years 6.91%

Comparison rate (p.a.) 5 years 6.91%

Comparison rate (p.a.) 7 years 6.91%

Comparison rate (p.a.) 10 years 6.91%

Comparison rate (p.a.) 15 years 6.91%

Minimum loan term -

Maximum loan term -

Min loan amount -

Max loan amount -

Early repayments -

Redraw facility No

Repayment holiday No

Ability to split loan Yes

Extra repayments Yes

Offset account available Yes

Interest only payments Yes

The ugly stuff: fees

Application fee $0

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee -

Comparison Rate Disclaimer -

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Commonwealth Bank says

We recognise that the more business you have with us, the more benefits you should enjoy. Our Wealth Package offers an exceptional collection of financial benefits including interest rate discounts and other money-saving products and services.

Key features

  • Fixed home loan rate
  • $0 application fee
  • $350 annual fee
  • Interest only feature on the home loan for the short term
  • Additional repayments up to $10,000 annually is permitted
  • Minimum deposit of 5%
  • Partial offset account available

Pros

  • Interest rate discounts
  • Split loan feature
  • This loan will cancel annual fees on a Streamline Transaction Account or a CBA credit card
  • Only a 5% deposit required

Cons

  • No redraw facility
  • No construction loan
 
Interested in this home loan?

We can pass your details on directly to a home loan expert from the bank, who will contact you within 24 hours to discuss your situation.

Name

Approx Loan Amount

Email

Phone Number

Postcode

 

We've partnered with Tomorrow Finance for home loan data, advice and details. You will be contacted within 24 hours by a home loan expert from the bank to discuss your situation. There is no obligation to complete the home loan. You are simply making an enquiry.

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home > compare home loans > Commonwealth Bank home loans > Wealth Package Fixed 3 Years