Commonwealth Bank Fixed Rate Home/Investment Loan Home Loan

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Moneybuddy says

The Commonwealth Bank Fixed Rate Home/Investment Home Loan gives you a choice of 1-5, 7, 10 or 15 years. Use the offset account to save on interest and be rest assured your repayments will be the same from month to month. You can also take your loan with you when you move or buy another property. You can only pay a maximum of $10,000 in extra repayments.

The Basics

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The cool stuff: features

Draw down loan progressively -

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Loan is Transferable Yes

Line of credit available No

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The Facts & Figures

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Early repayments No

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 $600

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