| Home Loan Lender |
 |
MyRate Home Loan |
|
| Home Loan Product Name |
3 Year Fixed Rate Loan |
| Interest Rate |
9.10% |
Comparison Rate
Estimated |
9.10% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,217.74 |
Total Paid
Estimated |
$438,480 |
| Establishment Fee |
$0.00 |
| Enquire/Apply |
 
|
| Target Market |
Investors or Owner Occupiers |
| Acceptable Income |
PAYG / Self-employed / Company / Trust |
| Loan Term |
10 to 30 years |
| Loan Size |
$100k to $2mil (more with special approval) |
| Repayment Type |
Principal & Interest |
| Repayment Options |
Direct debit / internet / phone / Bpay / deposit - WBC, Challenge Bank & Bank of Melbourne |
| Extra Repayments |
|
| Split Loan Facility |
Yes - Up to 4 splits free at application |
| Offset |
No - But free additional repayments and redraws can be used to reduce the interest calculated on your loan. |
| Redraw Facility |
Not available on Fixed Rate loans |
| LVR |
Up to $750k 95% - $750k to $1mil 90% - $1mil+ 80% |
| Fees |
No fees on standard applications, no redraw fees, Deferred Admin. Fees Year 1: 1.00% of original loan amount - Year 2: 0.80% - Year 3: 0.60% - Year 4: 0.40% - Year 5: 0.20% - 6+ years 0.00% |
| Enquire/Apply |
|