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Bank of Melbourne Low Doc Portfolio 1 Year Fixed

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Call 1800 466 050
Bank of Melbourne
Comparison Rate 7.56%
Amount $250,000
Term 30 years
Initial Payment Est. $1,545.80
Monthly Payment Est. $1,752.17
Total Amount Paid Est. $635,118
Establishment Fee $750.00

6.29%

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Loan Features for Bank of Melbourne - Low Doc Portfolio 1 Year Fixed

This loan is suitable for
Available for loan amounts $50,000 - $999,999
A guarantor can be used - Guarantees may be required from individuals or a Company.
Guarantees are taken to improve the Bank's security position, not to assist the applicant's serviceability.
Following eligibility criteria must be met for Parental Guarantee:
Individual applicants are restricted to a maximum of one parental guarantee borrowing, No single guarantee is to represent more than 50% of the value of the guarantor's security.
Independent Legal Advice must be obtained by each Guarantor..

Home Loan Loan Term
Loan term up to 30 years

Home Loan Loan Size
For loans with a minimum value of $50,000 and a maximum of $999,999

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Repayment Options
Fortnightly repayments accepted.
Monthly repayments accepted.

Extra Repayments
Not available.

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Split Loan Facility
Not available.

Offset
Not available.

Redraw Facility
Not available.


LVR for Bank of Melbourne Low Doc Portfolio 1 Year Fixed

Maximum available LVR is 80%

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Fees for Bank of Melbourne Low Doc Portfolio 1 Year Fixed

Monthly Fee $17.00
Annual Fee $0
Establishment Fee $750
Discharge Fee $250
Legal Fee $0
Portability Fee $500
Settlement Fee $100
Switching Fee $500
Early Termination Fee $0

 
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706 Glenhuntly Rd
Caulfield South
VIC 3162, Australia

Phone: 1800 466 050