Greater Building Society Fixed Rate
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Moneybuddy says
The Fixed Rate home loan from the Greater Building Society is similar to the Standard Variable with the added security of a set interest rate for 5 years. You get a competitive interest rate, no monthly fee and a deferred application fee. Make extra repayments to clear your debt sooner. You can only make interest only repayments if your loan is for investment purposes only however.
The Basics
Interest type -
Headline interest rate -
Max LVR -
Annual fee -
The cool stuff: features
Draw down loan progressively -
Insurance details -
Loan is Transferable No
Line of credit available No
Product suits -
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 -
Minimum loan term -
Maximum loan term -
Min loan amount -
Max loan amount $1,000,000
Early repayments Yes
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 $0
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee -
* 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
- No application fee if borrowing $40 000 or more
- Free savings account with no transaction fees
- Can make early repayments
Cons
- Interest only payments if investment purposes only
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