More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Virgin-Money.png
Comparison Rate
4.25
Name
Reward Me Variable $75k - $500k 80% - 90% LVR Owner Occupied P&I Construction
Lender
Virgin Money
Product Name
Reward Me Variable
Product Details
Interest only repayments during construction. Reverts to applicable P&I rate when construction phase is complete. Velocity points on settlement, monthly and every third year
Variable Rate
4.34
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
320
Ongoing Fees
10
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
150
Minimum Loan Amount
75000
Max Loan Amount
499999
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
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
Fee Details
Additional Security Fee $150 per security
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Min redraw $100
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 fees to split up front. $300 after settlement