| Home Loan Lender |
 |
Police and Nurse Credit Society Home Loan |
|
| Home Loan Product Name |
3 yr fixed |
| Interest Rate |
8.29% |
Comparison Rate
Estimated |
8.88% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$1,131.12 |
Monthly Payment
Estimated |
$1,200.85 |
Total Paid
Estimated |
$432,290 |
| Establishment Fee |
$650.00 |
| Enquire/Apply |
 
|
| Target Market |
Clients who are wanting an interest rate fixed for a set period. |
| Acceptable Income |
Full Time, Permanent Part Time, Family Allowance A & B, Age Pension
,
Serviceability Based on end debt. |
| Loan Term |
3 year term & 5 year term. |
| Loan Size |
Minimum Amount - $20K,
,
Maximum Amount Subject to PNCS, |
| Repayment Type |
Fixed Principal & Interest, Owner Occupier.
,
Fixed Principal & Interest, Residential Investment.
,
Fixed Interest Only, Owner Occupier.
,
Fixed Interest Only, Residential Investment. |
| Repayment Options |
Weekly, fortnightly or monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Clients may split loans and have one fixed product and one variable product, |
| Offset |
Not available. |
| Redraw Facility |
Not available, |
| LVR |
Maximum LVR 97% Owner Occupier,
,
Maximum LVR 95% Residential Investment,
,
Maximum LVR 95% Refinance, |
| Fees |
Application Fee $650,
,
Book keeping Fee $8 per month,
,
Early payout fees - if the fixed loan is paid out any time piror to the term of the fixed rate a break cost fee may apply in line with market rates, |
| Enquire/Apply |
|