Good Option Rate Minimizer Variable
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Moneybuddy says
Standard variable rate loan from Good Option with no ongoing fee. A potential money saver for first home buyers and those wishing to refinance.
The Basics
Interest type -
Headline interest rate p.a. -
Max LVR -
Annual fee -
The cool stuff: features
Draw down loan progressively -
Insurance details -
Loan is Transferable -
Line of credit available -
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 -
Redraw facility -
Repayment holiday -
Ability to split loan -
Extra repayments -
Offset account available -
Interest only payments -
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.
Good Option says
The GoodOption Rate Minimizer has a low interest rate and features such as redraw, extra repayment, interest only repayment and split loan. Free of ongoing fees and with a low one off initial upfront fee. Be prepared to save thousands.
No ongoing fee, Redraw, Extra repayment, Max LVR **%
Key features
- No ongoing fee
- Redraw
- Extra repayment
- Max LVR **%
Pros
- Low rate
- No application fees
- Extra repayment
- Free Redraw facility
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