More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-of-China.png
Comparison Rate
4.9
Name
2 Year Fixed Owner Occupied IO Special
Lender
Bank of China
Product Name
Standard Fixed
Product Details
New to bank lending with local income only. Not available for existing customers wanting to switch. Max LVR 80% (inc of LMI). Ability to make additional repayments up to $10k per year. Loan split available.
Variable Rate
3.74
Fixed Rate
4.29
Fixed Period
24
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
450
Ongoing Fees
190
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
150000
Max Loan Amount
0
Owner Occupied
Y
Investment
N
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
N
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)
0
Max Loan Term (years)
30
Rate Details
At end of fixed term rate reverts to 1.00% discount off P&! standard variable rate.
Fee Details
Valuation Fee Nil for security value < $750K (may be recouped if deal does not proceed) and is by Quotation for security value > $750k.; Additional Valuation Fee and Lenders Legal Fees are by quotation. Please contact lender; Discharge Fee $450 first security and $250 for each additional security
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Refer to lender
Redraw Facility
Y
Construction
N
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
N
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
Fee $150 after settlement