More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-Australia.png
Comparison Rate
4.45
Name
Premium Home Loan Owner Occupied P&I
Lender
Bank Australia
Product Name
Premium Home Loan
Product Details
Investment max 80% LVR. Owner Occupied applications with an LVR exceeding 95% will need to meet the following criteria: All applicants are first home buyers and the max loan size is $600k (plus cap LMI). If this criteria is not met then the max LVR (inc LMI) must not exceed 95%. Applications with an LVR greater than or equal to 90% will be acceptable subject to the RDI being greater than or equal to $1000. If purpose is dollar for dollar refinance max LVR increases to 90% plus LMI. Contact your BRM for further information.
Variable Rate
4.41
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
595
Discharge Fees
250
Ongoing Fees
8
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
10000
Max Loan Amount
0
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)
0
Max Loan Term (years)
30
Rate Details
Fee Details
Application fee existing mortgage $295. Ongoing 100% Offset fee $8 per month.
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Free with no min amount
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
$150 - Fee payable when choosing to split an existing loan via a variation