More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-of-Sydney.png
Comparison Rate
5.62
Name
Expect More Home Loan Investment 80% - 90% LVR IO Special
Lender
Bank of Sydney
Product Name
Expect More Home Loan IO Special
Product Details
Available for NEW Purchase/Refinance. I/O max term 5 years. Annual fee ($395) waived for the life of the loan if LVR <=70%. Metro postcodes only (exc WA, NT and TAS). This facility is subject to the customer opening a Transaction account (incl.100% offset facility) from which the loan repayment is debited. Max cashout and debt consolidation $50k.
Variable Rate
5.24
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
300
Ongoing Fees
395
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
150
Minimum Loan Amount
100000
Max Loan Amount
0
Owner Occupied
N
Investment
Y
Repayment Option
Interest Only
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
Y
Minimum Loan Term (years)
1
Max Loan Term (years)
30
Rate Details
Fee Details
Standard Legals to $475 and Standard Valuation to $420 waived. Other government fees may be incurred. Settlement Fee includes up to 2 bank cheques, local TTs, consumer credit enquiries, land title searches and searches of caveats, covenants and encumbrances.
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Free via internet and phone banking. $50 manual redraw fee. Min redraw $2,000
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
Up to 6 splits post settlement, limited to 2 splits at settlement. Fees: $350