| Home Loan Lender |
 |
GE Money Home Loan |
|
| Home Loan Product Name |
Lo Doc Flexible Options$250K<$500K |
| Interest Rate |
9.00% |
Comparison Rate Estimated |
9.13% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment Estimated |
$1,206.93 |
Total Paid Estimated |
$437,700 |
| Establishment Fee |
$300.00 |
| Enquire/Apply |
|
| Target Market |
Owner occupied or investment residential property purchases or refinancing existing loans. |
| Acceptable Income |
Self Employed. 1 day ABN. |
| Loan Term |
10, 15, 20, 25 or 30 years. |
| Loan Size |
Minimum $30K to $1M (Property and location restrictions apply). |
| Repayment Type |
Principal and Interest or Interest Only for 2, 3, 5 or 10 years. |
| Repayment Options |
Weekly, fortnightly or monthly basis. |
| Extra Repayments |
|
| Split Loan Facility |
Up to 4 separate accounts under the one loan facility. |
| Offset |
Not applicable. |
| Redraw Facility |
Available on all variable rate loans at no additional cost. Minimum redraw is $50 when accessed over the phone or via the internet. |
| LVR |
Owner Occupier Maximum LVR 70%
, Investment Maximum LVR 70%
, Construction N/A
, Refinance Maximum LVR 70%
, Vacant Land N/A
, Debt Consolidation Maximum LVR 70%
, From $30K to $1M (Property and location restrictions apply) |
| Fees |
Application Fee $300
, Settlement Fee $500 (displayed as Mortgage Pre Fee Settlement fee includes first valuation and base legals)
, Annual Fee $96
, Monthly administration fee Nil
, No redraw fees
, Deferred Administration Fee
, 1 Year 1.95%
, 2 Years 1.95%
, 3 Years 1.85%
, 4 Years Nil
, 5 Years Nil
, Security Discharge Fee $350 |
| Enquire/Apply |
|