More Details

Loan Details

 

Lender
Westpac
Comparison Rate
5.49
Name
Fixed Investment Property Loan 3 Year IO
Lender
Westpac
Product Name
Fixed Investment Property Loan 3 Year IO
Product Details
Max 80% LVR (inc LMI). IO terms greater than 5yrs are subject to credit approval. Where an extension to the 10 yr maximum term is requested for an existing loan, the loan will require re-origination. (Refer Westpac Policy).
Variable Rate
5.53
Fixed Rate
4.19
Fixed Period
36
Introductory Discount Rate
Discount Period
Application Fees
600
Discharge Fees
350
Ongoing Fees
8
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
15000
Max Loan Amount
0
Owner Occupied
N
Investment
Y
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
N
Fixed
Y
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
N
Minimum Loan Term (years)
3
Max Loan Term (years)
30
Rate Details
Up to 80% LVR when more than 1 security used and at least 1 of those securities is Owner Occupied, also applies for Industry Specilisation and Medico Sector applications.
Fee Details
Application Fee includes one valuation. Additional Valuation fee may vary dependant on the type of valuation, type of property, location etc. Please refer to your BDM.
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Free for Fixed Option.
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
N
Portability
Y
Split Available
Y
Split Details
$600 as Combo Loan (for App. Fee). If post settlement, std. App or Switch Fee applies Refer Lender. No Fee applies under Premier Advantage Package