More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Citibank.png
Comparison Rate
5.22
Name
Basic Mortgage <80% LVR Investment IO
Lender
Citibank
Product Name
Basic Variable IO
Product Details
Max Loan amount varies slightly between states. Can be combined with Standard Fixed. Additional rate loadings may apply to the following - I/O repayments, investment, LVR 80 - 90% (with LMI), product type and non-resident lending. Refinance of ATO tax debts not acceptable.
Variable Rate
5.17
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
399
Discharge Fees
350
Ongoing Fees
0
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
250
Minimum Loan Amount
250000
Max Loan Amount
0
Owner Occupied
N
Investment
Y
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
N
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
Y
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
Application fee includes cost of valuations to $500. Refer to BDM to confirm additional valuation costs.
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Fee: $0. ($20 payable when you request a redraw via the telephone or facsimile). Details: No Min, No Max
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
Max 4 splits. No Extra split fee for new business. $150 per request for variation.