More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Macquarie.png
Comparison Rate
3.87
Name
Offset Flyer Home Loan Package 5 Year Fixed Investment P&I <=70% LVR
Lender
Macquarie Bank
Product Name
Offset Flyer Home Loan Package Fixed
Product Details
Clients that take out a Macquarie Bank Flyer Home Loan Package with a Macquarie Visa Platinum Card and opt in to Qantas Frequent Flyer Rewards, can earn Qantas Points on eligible spend on that credit card. Clients can earn: 10,000 Qantas Points for every $100,000 drawn down at settlement as an introductory gift (calculated to the nearest point); 1,000 Qantas Points each month the outstanding loan balance is at least $150,000 on the last business day of the month; a bonus 25,000 Qantas Points on the third and fifth anniversaries of the loan, calculated from the day of settlement, as long as the outstanding loan balance is at least $150,000 on the last business day of the anniversary month. Free access to any domestic ATM (Redi, NAB and BOQ networks). Outside the home network the ATM operator may charge a fee. Client accepts the fee and this is refunded same day
Variable Rate
3.59
Fixed Rate
3.64
Fixed Period
60
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
400
Ongoing Fees
248
Valuation Fees
0
Lenders Legal Fees
363
Lenders Settlement Fees
0
Minimum Loan Amount
150000
Max Loan Amount
2000000
Owner Occupied
N
Investment
Y
Repayment Option
Principal & Interest
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
N
Fixed
Y
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
Loans >$1m to $2m - LVR max 80% (case by case basis depending on borrower circumstances, security location/type and overall strength of application) LVR <80% max loan $1.25m, LVR 80 - 90% max loan $1.1m
Fee Details
$0 Application fee. Ongoing package fee is charged at $124 bi-annually. Legal Fees are $363 for standard deals and $484 for complex deals. Additional legal costs to a maximum of $190 paid by MBL. Additional Lenders Legal fees will apply when other costs occur. Valuation fee up to $300 included (at cost for valuations over $300).
Internet Banking
N
Mortgage Offset Available
N
Redraw Details
N/A
Redraw Facility
N
Construction
N
Can Make Extra Repayments
Y
Repayments Fortnightly
N
Repayments Monthly
Y
Repayments Weekly
N
Salary Direct Available
N
Portability
Y
Split Available
Y
Split Details
6 pre settlement. Unlimited post settlement.