Line of Credit Home Loans - Home Loan Centre Australia - Balanced Home Loan LOC (ABL) |
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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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Home Loan Centre Australia Home Loan |
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| Home Loan Product Name |
Balanced Home Loan LOC (ABL) |
| Interest Rate |
9.65% |
Comparison Rate
Estimated |
9.41% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,244.90 |
Total Paid
Estimated |
$448,695 |
| Establishment Fee |
$495.00 |
| Enquire/Apply |
 
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| Target Market |
Standard Residential purposes such as Purchase of Owner Occupied or Investment Property, Debt Consolidation.
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Not availabe for Go Between Loans or Building Progress Loans. |
| Acceptable Income |
Salary/Rental/Family Allowance/Veterans Pension/Investment Income. |
| Loan Term |
25 years. |
| Loan Size |
No Maximum. |
| Repayment Type |
Principal & Interest and Interest Only. |
| Repayment Options |
Monthly repayments.
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More frequent repayments are permitted Weekly & Fortnightly. |
| Extra Repayments |
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| Split Loan Facility |
Available up to 4 (no fees). |
| Offset |
Not applicable. |
| Redraw Facility |
Not applicable. |
| LVR |
Owner Occupier Maximum LVR 90%
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Owner Occupier Maximum LVR 80% Interest Only.
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Investment Maximum LVR 90%.
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Construction Maximum LVR N/A.
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Refinancing Maximum LVR 90%.
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Vacant Land Maximum LVR N/A.
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Debt Consolidation Maximum LVR 90%. |
| Fees |
Application Fee $220.
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Valuation Fee $275
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Additional Valuation $250.
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Legal Disbursements & Solicitors Document Preparation Fee $350 approximate shown as Mortgage Preparation fee.
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Line Fee $100 per annum payable at settlement.
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Transaction Fee after an allocation of $20 in each statement period $2 per transaction for Cheque Deposit, GiroPost withdrawal & EFTPOS withdrawal.
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Cash withdrawal and Balance Enquiry.
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Transaction Fees not Included in the above allocation.
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Personal Cheque withdrawal $1.
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ABL Cash Withdrawal & Debit Transfer $2.
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Cash Withdrawal & Balance Enquiry from ATM not owned by ABL $2
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Fee Free.
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BPay, ABL ATM, Express Line, Online Banking, Direct Credits, Automatic deductions to other ABL Bank accounts.
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Deferred Establishment Fee .
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Within Year 1 - 1% / Year 2 - 0.75% / Year 3 - 0.5% / Year 4 - 0.25%.
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Break Cost may be applicable contact Lender. |
| Enquire/Apply |
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| Other Line of Credit Home Loans |
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| Other Home Loan Centre Australia 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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