Resi Low Start Loan

The Basics

Interest type Variable rate

Headline interest rate 5.62%

Max LVR 90%

Annual fee $0

The cool stuff: features

Draw down loan progressively -

Insurance details Payable by borrower if more than 80% LVR

Loan is Transferable Yes

Line of credit available Yes

Product suits Owner - Occupier & Investor

The Facts & Figures

Introductory rate -

Introductory term -

Interest rate 1 year 0%

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 6.61%

Minimum loan term -

Maximum loan term 30 years

Min loan amount $30,000

Max loan amount $1,000,000

Early repayments Yes

Redraw facility Yes

Repayment holiday -

Ability to split loan No

Extra repayments Yes

Offset account available -

Interest only payments Yes

The ugly stuff: fees

Application fee $550

Valuation fee $236.50

Subsequent valuation fee $236.50

Valuation fee details -

Discharge fee $295

Discharge fee details -

Legal fee $396

Settlement fee -

Redraw fee $0