| Home Loan Lender |
 |
Home Loans Ltd Home Loan |
|
| Home Loan Product Name |
3 yr fixed Smart Saver/100% Home Loan |
| Interest Rate |
9.44% |
Comparison Rate
Estimated |
8.55% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$1,042.67 |
Monthly Payment
Estimated |
$1,106.14 |
Total Paid
Estimated |
$396,391 |
| Establishment Fee |
$499.00 |
| Enquire/Apply |
 
|
| Target Market |
The Smart Saver offers attractive ongoing variable or fixed rate options with no ongoing fees and is available to individuals, company and trust borrowers. |
| Acceptable Income |
PAYG: Minimum 6 mths in current employment with 2 yrs in same industry
,
Self-employed: Minimum 2 yrs in current situation. |
| Loan Term |
Minimum: $50k
,
Maximum: $2m
,
Subject to Location, LVR and loan amount.
,
Refer to Genworth & PMI product guide and postcode locations. |
| Loan Size |
Minimum $50K
,
Subject to Location, LVR and loan amount.
,
Refer to Genworth & PMI product guide and postcode locations. |
| Repayment Type |
Principal & Interest and Interest Only . |
| Repayment Options |
Fortnight, Monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Available. |
| Offset |
Not available. |
| Redraw Facility |
Unlimited free redraws if done via telephone & internet banking. Manual: Fee $25 and minimum redraw amount $2K. |
| LVR |
Owner Occupier 95%
,
Construction Maximum LVR 90%
,
Vacant Land Maximum LVR 90%
,
Investment Maximum LVR 95%
,
Refinancing Maximum LVR 95%
,
Debt Consolidation Maximum LVR 90% |
| Fees |
Establishment Fee $499 (Application fee includes one standard valuation fee)
,
Mortgage Prep Fee $490 ( Legal & Loan Processing Fee & Settlement Fee)
,
Valuation Fee Included in Application Fee
,
Additional Contract Fee $0
,
Ongoing Fees Nil
,
Deferred Establishment Fee
,
0 -1 yr =1.75%, 1-3 yrs = 1.50 3-4 = 1.25, 4-5 =1.00% of approval amount
,
Redraw Fee: Nil Fees apply if done via telephone and internet banking. Manual fee: $25
,
Product change Fee: $250 |
| Enquire/Apply |
|