More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/ME-Bank.png
Comparison Rate
5.3
Name
Flexible Home Loan 2 Year Fixed <80% LVR Investment IO
Lender
ME
Product Name
Flexible Home Loan Fixed IO
Product Details
Max 90% LVR for Interest Only repayments (max I/O term 5 years). Approval in Principle (AIP) applications not accepted. Break Cost fees may apply for security substitutions
Variable Rate
6.27
Fixed Rate
4.44
Fixed Period
24
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
N
Investment
Y
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
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)
5
Max Loan Term (years)
30
Rate Details
Fee Details
Security Substitution Fee $350
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
N/A
Redraw Facility
N
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
Multiple splits available, $250 fee, $20,000 minimum per loan portion