More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/ME-Bank.png
Comparison Rate
4.71
Name
Flexible Home Loan Member Package 2 Year Fixed Investment IO
Lender
ME
Product Name
Flexible Home Loan Member Package Fixed 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
5.56
Fixed Rate
4.39
Fixed Period
24
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
395
Valuation Fees
0
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
Y
Minimum Loan Term (years)
5
Max Loan Term (years)
30
Rate Details
Fee Details
Fix/Split Loan Variation Fee ($250) waived under the Member Package.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