| Home Loan Lender |
 |
Home Loan Centre Australia Home Loan |
|
| Home Loan Product Name |
Standard Variable (Right H/L) |
| Interest Rate |
9.49% |
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 |
 
|
| Target Market |
2nd and subsequent home buyer, Investors. |
| Acceptable Income |
Salary/Rental/Family Allowance/Veterans Pension/Investment Income. |
| Loan Term |
Maximum 30 Years. |
| Loan Size |
Maimum loan amount $4M. |
| Repayment Type |
Principal & Interest and Interest Only. |
| Repayment Options |
Principal and Interest: payments can be made monthly or fortnightly.
,
Interest Only: payments are to be made on a monthly basis. |
| Extra Repayments |
|
| Split Loan Facility |
Available up to 4 splits. |
| Offset |
Not available. |
| Redraw Facility |
Available Mimimum $2K.
,
No fees or minimum if transacted electronically. |
| LVR |
Owner Occupier Maximum LVR 97%.
,
Investment Maximum LVR 95%.
,
Construction Maximum LVR 97%.
,
Refinancing Maximum LVR 90%.
,
Vacant Land Maximum LVR 97% must buiild within 12 months.
,
Debt Consolidation Maximum LVR 90%. |
| Fees |
Application Fee $220
,
Valuation Fee $275.
,
Additional Valuation $250.
,
Legal Disbursements & Solicitors Document Preparation Fee $350 approximate shown as Mortgage Preparation fee.
,
Deferred Establishment Fee.
,
Within first 3 years - 1% / year 4 0.5% / year 5 0.25% / after 5 years nil.
,
Redraw Fee $50. |
| Enquire/Apply |
|