More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-of-Melbourne.png
Comparison Rate
4.81
Name
Advantage Package <60% LVR $100k+ Investment IO
Lender
Bank of Melbourne
Product Name
Advantage Package IO
Product Details
Interest only repayments - max 80% LVR (inc LMI). Max I/O term 5 yrs for O/O, 10 yrs for Investment Family Pledge Option available on this product.
Variable Rate
4.41
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
N
Investment
Y
Repayment Option
Interest Only
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
N
Repayments Monthly
Y
Repayments Weekly
N
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
Max 4 splits - Fee $0