Basic Home Loans - Adelaide Bank - Greatsaver |
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to select a different loan amount and loan term. Currently: $150,000 over 30 years |
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| Home Loan Lender |
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Adelaide Bank Home Loan |
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| Home Loan Product Name |
Greatsaver |
| Interest Rate |
8.87% |
Comparison Rate
Estimated |
9.01% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,192.93 |
Total Paid
Estimated |
$433,675 |
| Establishment Fee |
$595.00 |
| Enquire/Apply |
 
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| Target Market |
Basic loan package for new loans only, with a Principal and Interest repayment plan.
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Reduced variable interest rate and no monthly line fee over the life of the loan.
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Standard Owner Occupied residential loan purposes such as:
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Purchase or refinance an Owner Occupier.
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Debt Consolidation.
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Equity loans.
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Investment residential loan purposes such as:
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Purchase or refinance an Investment property.
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The following loan types are not available: Go Between Loans, Land Loans, Construction. |
| Acceptable Income |
PAYG, Self employed as per normal lending policy. |
| Loan Term |
Minimum 5 years.
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Maximum 30 Years. |
| Loan Size |
Minimum Loan Amount $50K.
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Maximum Loan (Varies according to LVR and security location refer to Lending Policy for specific details). |
| Repayment Type |
Principal and Interest Only. |
| Repayment Options |
Monthly,Fortnightly,Weekly permitted. |
| Extra Repayments |
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| Split Loan Facility |
Available. All Greatsaver loans have a split facility with all products excluding Lo Doc loans and introductory term loan teaser rates.
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This offer is available with either a Line of Credit or a fixed or standard Rate Term Loan.
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The standard split fee of $100 for business within SA/NT applies. |
| Offset |
Not Available. |
| Redraw Facility |
Available. Minimum $500. Electronic redraw: Nil fee Manual Redraw Fee $50. |
| LVR |
Maximum LVR (Loan to Valuation Ratio).
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Owner Occupier Up to100%.
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Investment Up to 100% conditions apply.
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Refinancing Maximum LVR 90% |
| Fees |
Application Fee $595
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Settlement Fee of $100 (Fee displayed as Mortgage Preparation)
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Account Keeping Fee Nil
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Discharge Admin Fee $325
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Government Charges apply
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Break Costs: Nil
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Deferred Establishment Fee payable by customers if they repay their home loan within 4 years of settlement.
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Deferred Establishment Fee:
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If loan is less than 1 year old: 100% of upfront commission paid
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If loan is less than 2 year old: 75% of upfront commission paid
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If loan is less than 3 year old: 50% of upfront commission paid
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If loan is less than 4 year old: 25% of upfront commission paid
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Break Costs: Nil.
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Loan Variation Fee $350 (combined fee Contract Variation, Rate Conversion, Loan Portability)
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Nil fee Manual Redraw Fee $50. |
| Enquire/Apply |
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| Other Basic Home Loans |
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| Other Adelaide Bank Home Loan Products |
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This Comparison Rate applies only to $150,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.
This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.
The information provided in this website is a guide only and may not be complete for your purposes. ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.
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