More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Newcastle-Permanent.png
Comparison Rate
5.08
Name
Premium Plus Package Fixed Rate 1 Year Investment IO
Lender
Newcastle Permanent
Product Name
Premium Plus Package IO
Product Details
The Premium Plus Package Home Loan provides low ongoing variable interest rates. Max I/O term is 5 yrs. Max redraw $25k pa. Free 60 day Rate Lock applied on unconditional approval of loan. The Premium Plus Package annual fee is added to the loan and receipted at settlement. The fee is built into the monthly repayment and paid off the principal. This reduces the principal by an amount equal to the monthly fee and debited on the anniversary. Annual fee is waived on NPBS value plus credit card, 5% disc on comprehensive car insurance, 10% disc on Home & Contents, Landlord and Travel Insurance, application Fee waived for Personal Loans
Variable Rate
4.79
Fixed Rate
4.09
Fixed Period
12
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
250
Ongoing Fees
395
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
150000
Max Loan Amount
2000000
Owner Occupied
N
Investment
Y
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
N
QLD
N
VIC
N
SA
N
WA
N
NT
N
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)
1
Max Loan Term (years)
30
Rate Details
Fee Details
First valuation fee is covered. If multiple properties are involved, NPBS will pay for the lower of the valuations. Valuation fee pricing guide, properties valued < $1m fee range is $179-$433 and for properties over $1m the minimum fee is $550. Discharge Fee is $250 plus costs
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Available via Branch or Online. Registration required for Online ability. Limited to $25,000 per calendar year
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
No limit on splits. No additional Fees where all borrowers are the same