More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Macquarie.png
Comparison Rate
4.08
Name
Offset Home Loan Package 4 Year Fixed Owner Occupied P&I 70% - 80% LVR
Lender
Macquarie Bank
Product Name
Offset Home Loan Package Fixed
Product Details
A loan incorporating an offset account, full transactional access and multiple account options. Macquarie Bank offers you a Macquarie Platinum Visa Card (Approval is subject to Macquarie Card Services credit criteria). 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
3.79
Fixed Rate
3.89
Fixed Period
48
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
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
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 can be considered up to a max of 80% on case by case basis depending on borrower circumstances, security location/type and overall strength of the application. (LVR >90% max loan $850k)
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 after settlement.