More Details

Loan Details

 

Lender
Teachers Mutual Bank
Comparison Rate
3.93
Name
Solutions Plus Owner Occupied $150k - $250k <60% LVR IO
Lender
Teachers Mutual Bank
Product Name
Solutions Plus Owner Occupied Rewards Package
Product Details
Available for new owner occupiers with new to bank security. Teachers Mutual Bank provides access to financial products and services for current or retired employees of the Australian education sector or family members of members (ie shareholders) of the Bank (Individuals must be citizens or permanent residents of Australia). Offers a discounted rate for the life of the loan and is only available to eligible members with the Rewards Package.Max 90% LVR for I/O repayments.
Variable Rate
4.34
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
600
Discharge Fees
Ongoing Fees
300
Valuation Fees
330
Lenders Legal Fees
Lenders Settlement Fees
0
Minimum Loan Amount
150000
Max Loan Amount
249999
Owner Occupied
Y
Investment
N
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
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)
1
Max Loan Term (years)
30
Rate Details
Fee Details
Application/Establishment Fee includes cost of preparing standard documents, 1 automated valuation model or desktop valuation, 3 title searches and settlement attendance. External valuation fee $330 (payable when an external valuer is required to conduct a valuation of the security property.
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Redraw available - no fee.
Redraw Facility
Y
Construction
N
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
Ability to split loan. Min split on variable rate is $25k