More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-of-Sydney.png
Comparison Rate
3.57
Name
Basic Variable Home Loan Owner Occupied <90% LVR P&I Special
Lender
Bank of Sydney
Product Name
Basic Variable Home Loan Special
Product Details
Available for NEW Purchase/ Refinance of owner occupied Residential Property. Facility is subject to the customer opening a Transaction account from which the loan repayment is debited. Max cashout and debt consolidation 70% LVR, evidence required for cashout over $50k. Metro postcodes - max 90% LVR. Regional postcodes max 60% LVR. (Product not available in WA, NT or TAS)
Variable Rate
3.55
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
300
Ongoing Fees
0
Valuation Fees
420
Lenders Legal Fees
475
Lenders Settlement Fees
150
Minimum Loan Amount
250000
Max Loan Amount
0
Owner Occupied
Y
Investment
N
Repayment Option
Principal & Interest
ACT
Y
NSW
Y
TAS
N
QLD
Y
VIC
Y
SA
Y
WA
N
NT
N
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)
1
Max Loan Term (years)
30
Rate Details
Discount of 2.17% off standard variable rate (already included)
Fee Details
Valuation and legal fees are at cost to the customer (amounts quoted are indicative only). Other government fees may be incurred,Settlement Fee includes up to 2 bank cheques, local TTs, consumer credit inquiries, land title searches and searches of caveats, covenants and encumbrances. Product Switch fee $350
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Free via internet and phone banking. $50 manual redraw fee. No min redraw
Redraw Facility
Y
Construction
N
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
Up to 3 splits minimum of $80,000. Fees: $350