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Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/myState.png
Comparison Rate
4.56
Name
Basic Variable 95% LVR Owner Occupied P&I
Lender
MyState
Product Name
Basic Variable
Product Details
Basic Variable loan can be used for buying or building a home/unit, investment property, vacant land or refinancing an existing mortgage. Offers redraw, no monthly fees and no limit on additional repayments. Pre-approvals excluded
Variable Rate
4.49
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
600
Discharge Fees
380
Ongoing Fees
0
Valuation Fees
Lenders Legal Fees
Lenders Settlement Fees
350
Minimum Loan Amount
100000
Max Loan Amount
3000000
Owner Occupied
Y
Investment
N
Repayment Option
Principal & Interest
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
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)
7
Max Loan Term (years)
30
Rate Details
Fee Details
One free standard valuation per loan. Where a non-standard valuation report or multiple valuations are required, additional costs are to be paid by the borrower. Switching Fee $150
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Fee $30, nil if completed online. $500 minimum redraw amount.
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
N
Portability
Y
Split Available
Y
Split Details
Split Available