More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-of-Melbourne.png
Comparison Rate
4.01
Name
Advantage Package 60% - 80% LVR $100k+ Owner Occupied P&I
Lender
Bank of Melbourne
Product Name
Advantage Package P&I
Product Details
Owner Occupied purchase maximum LVR 95% including capitalised LMI. Max LVR capped at 90% for Investment. Normal max LVR policy applies (ie Purchase 95%, Refinance 90%) when more than 1 security used and at least 1 of those securities is O/O. Normal max LVR policy applies for Industry Specialisation and Medico Sector applications. Family Pledge Option available on this product.
Variable Rate
3.59
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
395
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
100
Minimum Loan Amount
100000
Max Loan Amount
0
Owner Occupied
Y
Investment
N
Repayment Option
Principal & Interest
ACT
N
NSW
N
TAS
N
QLD
N
VIC
Y
SA
N
WA
N
NT
N
Standard Variable
Y
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
Y
Minimum Loan Term (years)
4
Max Loan Term (years)
30
Rate Details
Fee Details
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Redraw fee $0
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
Max 4 splits - Fee $0