| Home Loan Lender |
 |
HomeSide Lending Home Loan |
|
| Home Loan Product Name |
NSW VIC ACT QLD WA 1 yr fixed >$300K |
| Interest Rate |
6.59% |
Comparison Rate
Estimated |
7.90% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$957.00 |
Monthly Payment
Estimated |
$1,094.65 |
Total Paid
Estimated |
$394,704 |
| Establishment Fee |
$0.00 |
| Enquire/Apply |
 
|
| Target Market |
A principal and interest housing loan with fixed and variable rate options
,
through out the term of the loan. A 1 or 2 year Introductory rate is available on new loans only.
,
Owner Occupied and Residential Investment Property |
| Acceptable Income |
Self Employed, Salary and Wage Earners |
| Loan Term |
Minimum: 8 years
,
Maximum: 30 years |
| Loan Size |
Minimum: $50K
,
Maximum: case by case |
| Repayment Type |
Principal & Interest Repayments
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Home Loan with option of Introductory 1 & 2 year terms, Fixed Rate 1,2,3 &- 5 years terms or Standard Variable rate.
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Note: Introductory Rate is available on new loans only |
| Repayment Options |
Weekly, fortnightly, monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Yes (Additional $100 fee applies for each split/account) |
| Offset |
Not available. |
| Redraw Facility |
Fee Free Redraw & Internet access
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Available during variable rate period only. |
| LVR |
Owner Occupied Maximum LVR 95%
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Investment Maximum LVR 95%
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Construction Maximum LVR 95%
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Refinancing Maximum LVR 95%
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Vacant Land Maximum LVR 95%
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Debt consolidation Maximum LVR 95%
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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.
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Construction/Land now on case by case refer to BDM. |
| Fees |
Application Fee:$600 base
,
The Establishment Fee is waived for loans > than $300K in NSW, VIC, ACT, QLD,WA
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The Establishment Fee is waived for loans > than $200K in SA, NT, TAS
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A fee of $150 for each additional security property is applicable.
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Loan Service Fee:$6 per month
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Document Registration Fee $150 ( varies from state to state)
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Cheque Access Yes on partial offset account
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Card Access Yes on partial offset
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Packaging Yes
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Fixed Rate Options - Rate Lock fee is calculated as 0.15% of the approved limit, rounded to the nearest $10. The minimum fee is $50.
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Early Repayment Fees:$360 (plus economic cost during the fixed rate period).
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Early Exit Fee of $1200 does not reduce over time and is payable if the loan is refinanced or repaid in full within 4 years of the settlement date.
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Early Exit Fee Reducible Mortgage 1 Year Intro Rate home loan Fee 0.70% Term 4 years. |
| Enquire/Apply |
|