| Home Loan Lender |
 |
HomeSide Lending Home Loan |
|
| Home Loan Product Name |
<$250K Intro HomePlus Rate |
| Interest Rate |
9.19% |
Comparison Rate
Estimated |
9.34% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$1,227.50 |
Monthly Payment
Estimated |
$1,227.50 |
Total Paid
Estimated |
$445,920 |
| Establishment Fee |
$600.00 |
| Enquire/Apply |
 
|
| Target Market |
Owner Occupier and Investment purposes |
| Acceptable Income |
PAYG Salary & wage earners, Self Employed as per normal lending guidelines
,
No income minimums apply |
| Loan Term |
Minimum: 8 years
,
Maximum: 30 years |
| Loan Size |
Minimum: $120K
,
Maximum: case by case |
| Repayment Type |
Principal & Interest or Interest Only
,
Interest Only option for 5 years
,
Principal & interest prior to the end of 5 years Interest Only period
,
Interest rate concessions are available during a variable rate period. |
| Repayment Options |
Weekly Fortnightly or Monthly for Principal and Interest.
,
Monthly for Interest Only |
| Extra Repayments |
|
| Split Loan Facility |
Additioanl accounts/splits area available (Note $100 split fee applies for each additional account). |
| Offset |
Yes 100% Offset when the Homeplus Loan is in variable rate period |
| Redraw Facility |
Fee Free Redraw is available to approved applicants during the variable rate period only |
| LVR |
Owner Occupier LVR 95%
,
Construction LVR 95%
,
Refinance - LVR 95%
,
Investment - LVR 95%
,
This is available for Principal and Interest Products. Interest Only products can be used where the Interest Only period is limited to a maximum of 5 years then converts to Principal and Interest, including Plain and Simple Interest Only option and HomeSide HomePlus.
,
Construction/Land now on case by case refer to BDM. |
| Fees |
Application Fee:$600 payable
,
The Base Application Fee Free threshold does not apply to HomePlus 1 Year Intro Fixed Rate
,
The Establishment Fee is waived for loans > than $300K in NSW, VIC, ACT, QLD, WA
,
The Establishment Fee is waived for loans > than $200K in SA, NT, TAS
,
Monthly Service Fee$ 10
,
Variation fee $300 Variation of Loan Contract
,
Document Registration Fee $150 ( varies from state to state)
,
Additional Security $150 per mortgage account/loan product after the first one
,
Packaging Fee $100 per mortgage account/loan product after the first one
,
Early Exit Fee (EEF)
,
Homeside HomePlus 1 Year Intro Rate home loan (including with Interest Only payments) Fee 0.60% Term 4 years
,
Homeside HomePlus fixed and variable rate home loans
,
Fee 0.45% Cap $3000 Term 4 years
,
Fixing Fee $100 where loan is refixed from a variable period
,
Security Discharge Fee $300
,
Prepayment Fee $360
,
Loan Modification Fee $200 where loan is switched from interest only to Principal & interest prior to the end of 5 years Interest Only period |
| Enquire/Apply |
|