Westpac Equity Access Loan

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Headline interest rate
5.96%

Max LVR
92%

Annual fee
$120

Moneybuddy says

The Westpac Equity Access loan lets you borrow up to 80% of your property value to spend on what you like - a holiday, investments or renovations. The minimum amount you can borrow is $20,000 and you can make interest only payments or Top-up your loan if you need extra finances.

The Basics

Interest type -

Headline interest rate 5.96%

Max LVR 92%

Annual fee $120

The cool stuff: features

Draw down loan progressively Not Available

Insurance details -

Loan is Transferable Yes

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

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Early repayments No

Redraw facility No

Repayment holiday Yes

Ability to split loan No

Extra repayments Yes

Offset account available No

Interest only payments Yes

The ugly stuff: fees

Application fee $600

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* 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.