| Home Loan Lender |
 |
GE Money Home Loan |
|
| Home Loan Product Name |
Standard Flexible Options$250K<$500K |
| Interest Rate |
8.87% |
Comparison Rate
Estimated |
9.10% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,192.93 |
Total Paid
Estimated |
$438,330 |
| Establishment Fee |
$0.00 |
| Enquire/Apply |
 
|
| Target Market |
Owner occupied or investment residential property purchases or refinancing existing loans. |
| Acceptable Income |
Proven Income over an extended period of time will be considered. |
| Loan Term |
10, 15, 20, 25 or 30 years |
| Loan Size |
Minimum $30K
,
Maximum $750K (Property and location restrictions apply).
,
Loan amounts >$500K Genworth Calculator to be used. |
| Repayment Type |
Principal and Interest or Interest Only for 2, 3, 5 or 10 years |
| Repayment Options |
Direct debit or direct electronic credit. |
| 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. No fee |
| LVR |
Owner Occupier Maximum LVR 95%
,
Investment Maximum LVR 95%
,
Construction N/A
,
Refinance Maximum LVR 95%
,
Debt Consolidation $30K<$750K Maximum LVR 90%
,
Debt Consolidation $750K<$850K Maximum LVR 85%
,
Debt Consolidation $$850K<$1M Maximum LVR 80%
,
Vacant Land N/A
,
Maximum LVR
,
$30K - $500K Maximum LVR 95%
,
$400K - $650K Maximum LVR 95%
,
$650K - $750K Maximum LVR 90%
,
$750K - $850K Maximum LVR 85%
,
$850K - $1M Maximum LVR 80%
,
$1M - $2.5M on application. |
| Fees |
No application fees
,
No settlement fees
,
Annual Fee No monthly administration fees
,
No redraw fees
,
Annual Fee 295
,
The Deferred Administration Fee (DAF) is 1.95% 0-24 months, 1.85% 25-36 months,
,
Security Discharge Fee $350 |
| Enquire/Apply |
|