More Details

Loan Details

 

Lender
P&N Bank
Comparison Rate
4.59
Name
Smooth Home Loan (>80% LVR) IO
Lender
P&N Bank
Product Name
Smooth Home Loan
Product Details
A 'no frills' home loan with an ongoing low variable interest rate. For members who do not require the features of other variable rate home loans such as an offset account. Maximum LVR is inclusive of capitalised LMI & fees. Max 5 years I/O repayments
Variable Rate
4.56
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
395
Discharge Fees
395
Ongoing Fees
0
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
20000
Max Loan Amount
0
Owner Occupied
N
Investment
Y
Repayment Option
Interest Only
ACT
N
NSW
N
TAS
N
QLD
N
VIC
N
SA
N
WA
Y
NT
N
Standard Variable
N
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
Y
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
N
Minimum Loan Term (years)
5
Max Loan Term (years)
30
Rate Details
Fee Details
Additional Valuation $1 million + property/Non-Metro $440.00. Legal fees may apply up to $500. Please refer to BDM for more details.
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Minimum redraw $1,000, nil redraw fees.
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
Yes, can split with other Credit Act (CA) loan products. If any portion of the total loan amount is for the purpose of CONSTRUCTION/MAJOR RENOVATION, the loan amount CANNOT be split with a fixed rate loan product or line-of-credit.