More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/CBA.png
Comparison Rate
3.65
Name
Extra Home Loan >70% LVR Owner Occupied P&I
Lender
Commonwealth Bank
Product Name
Extra Home Loan
Product Details
The Extra Home Loan is a simple, competitive, variable rate product that offers customers a discounted interest rate for the life of the loan. Available for owner occupied housing, investment housing, personal and/or personal investment, bridging, land, 'off the plan' and building/construction (I/O repayments during construction. Must revert to P&I repayments after construction is complete and loan is fully funded).
Variable Rate
3.64
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
350
Ongoing Fees
0
Valuation Fees
0
Lenders Legal Fees
0
Lenders Settlement Fees
200
Minimum Loan Amount
10000
Max Loan Amount
0
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
Y
Fixed
N
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
Discount of 0.71% for the life of the loan is included. Min loan amount of $10k available for new lending only. Existing customers must have min $150k new borrowings on existing loan balances at the time of any switch.
Fee Details
$600 Establishment fee and $8 monthly fee waived
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Min amt $1000 if over the counter- no min if electronic
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
N
Split Details
N/A