More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/ME-Bank.png
Comparison Rate
5.22
Name
Flexible Home Loan Variable Owner Occupied <80% LVR IO
Lender
ME
Product Name
Flexible Home Loan IO
Product Details
Max 80% LVR for Interest Only repayments (max I/O term 5 years). Approval in Principle (AIP) applications not accepted
Variable Rate
5.66
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
Valuation Fees
200
Lenders Legal Fees
200
Lenders Settlement Fees
0
Minimum Loan Amount
40000
Max Loan Amount
0
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
N
Minimum Loan Term (years)
5
Max Loan Term (years)
30
Rate Details
Fee Details
Security Substitution Fee $350
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Free, min $500
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
Multiple splits available, $250 fee, $20,000 minimum per loan portion