More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Bank-Australia.png
Comparison Rate
4.64
Name
Premium Package 2 Year Fixed <70% LVR Investment P&I
Lender
Bank Australia
Product Name
Premium Package Fixed
Product Details
Investment max 70% 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 >90% will be acceptable subject to the RDI being greater than or equal to $1000. (Max LVR per product may vary. If purpose is dollar for dollar refinance max LVR increases to 90% plus LMI).Construction max LVR 90%. I/O repayments available during construction. Fixed product will revert to the current applicable variable rate at end of fixed term. Contact your BRM for further information.
Variable Rate
4.37
Fixed Rate
3.99
Fixed Period
24
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
250
Ongoing Fees
350
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
0
Minimum Loan Amount
10000
Max Loan Amount
0
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)
2
Max Loan Term (years)
30
Rate Details
Fixed product will revert to the current applicable variable rate at end of fixed term
Fee Details
Internet Banking
Y
Mortgage Offset Available
Y
Redraw Details
Free redraw - not available during any IO period
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
Fee $0