| Home Loan Lender |
 |
Home Loans Ltd Home Loan |
|
| Home Loan Product Name |
Premium Full Doc |
| Interest Rate |
8.95% |
Comparison Rate
Estimated |
9.02% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,201.54 |
Total Paid
Estimated |
$433,219 |
| Establishment Fee |
$499.00 |
| Enquire/Apply |
 
|
| Target Market |
Self Employed or PAYG borrowers |
| Acceptable Income |
Self Employed or PAYG borrowers |
| Loan Term |
30 Years |
| Loan Size |
Minimum Loan Amount $30K.
,
Maximum Loan Amount < 80% $2M ($1m Per security). |
| Repayment Type |
Repayment Type.
,
Principal and Interest Minimum 5 years maximum 30 years.
,
Interest Only Minimum 1 year Maximum 10 years. |
| Repayment Options |
Monthly, Fortnightly or Weekly. |
| Extra Repayments |
|
| Split Loan Facility |
Yes up to 4 splits. |
| Offset |
Not applicable. |
| Redraw Facility |
Available. No fee and no minimum redraw amount. Telephone & Internet Banking, Cheque, ATM and EFTPOS and Direct credit. |
| LVR |
Owner Occupied Maximum LVR 95%
,
Investment Maximum LVR 95%
,
Construction Maximum LVR 95%
,
Refinancing Maximum LVR 95%
,
Debt consolidation Maximum LVR 90%
,
Construction Maximum LVR 95% (0.10% rate loading applies, excluding owner builder) |
| Fees |
Application Fee $499 Includes one standard valuation
,
Ongoing Fee $0
,
Settlement Fee $65 plus Solicitors Fee $300 plus Loan Processing Fee $65 (Displayed as Mortgage Prep Fee)
,
Deferred Establishment Fee Payable if the customer discharges the loan within the first 5 years. 1.5 x notional repayment is payable where the loan facility is fully repaid within 5 years of settlement. |
| Enquire/Apply |
|