| Home Loan Lender |
 |
GE Money Home Loan |
|
| Home Loan Product Name |
Lo Doc Flexible Options<$250K |
| Interest Rate |
9.25% |
Comparison Rate
Estimated |
9.18% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,212.33 |
Total Paid
Estimated |
$439,500 |
| 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 |
|