More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Macquarie.png
Comparison Rate
3.63
Name
Basic Home Loan 2 Year Fixed Investment P&I 70% - 80% LVR
Lender
Macquarie Bank
Product Name
Basic Home Loan Fixed
Product Details
Principal and Interest repayments only. 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
3.64
Fixed Rate
3.59
Fixed Period
24
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
400
Ongoing Fees
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
N
Minimum Loan Term (years)
1
Max Loan Term (years)
30
Rate Details
Loans >$1m to $2m - LVR max 80% (case by case basis dependent on 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. 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
Y
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
Up to 6 splits post settlement, limited to 2 splits at settlement.