| Home Loan Lender |
 |
Police and Nurse Credit Society Home Loan |
|
| Home Loan Product Name |
Easypay Home Loan |
| Interest Rate |
6.97% |
Comparison Rate
Estimated |
7.06% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$994.93 |
Total Paid
Estimated |
$360,650 |
| Establishment Fee |
$650.00 |
| Enquire/Apply |
 
|
| Target Market |
A home loan with a low variable interest rate, with an option of an offset account for owner occupiers. |
| Acceptable Income |
Full Time, Permanent Part Time, Family Allowance A & B, Age Pension |
| Loan Term |
40 Years.
,
Interest only Maximum 5 years. |
| Loan Size |
Minimum.
,
30 years loan term $20K.
,
40 years loan term $150K.
,
Maximum.
,
30 years loan term Subject to credit policy.
,
40 years loan term $1 million. |
| Repayment Type |
L80 Easypay Home Loan Owner Occupier (P&I), Code.
,
L82 Easypay Home Loan Owner Occupier (Interest Only), Code.
,
L81 Easypay Home Loan Investment (Interest Only), Non-code. |
| Repayment Options |
Weekly fortnightly or monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Not applicable. |
| Offset |
Available. |
| Redraw Facility |
Yes . Minimum $2K. |
| LVR |
Owner Occupier Maximum LVR 95% plus capped LMI
,
Investment Maximum LVR 95%.
,
Construction Maximum LVR 95% plus capped LMI
,
Refinance Maximum LVR 90%.
,
,
Owner occupier 30 years - maximum LVR 95% plus capped LMI.
,
40 years maximum LVR 95% plus capped premium.
,
Residential investment.
,
30 years maximum LVR 95% plus capped premium.
,
Vacant Land Maximum 95%.
,
Subject to relevant lending guidelines for insurers. |
| Fees |
Establishment fee - $650.
,
Monthly fee applies only when there is no offset $5, with offset $8 package
,
Early Repayment Fee of $1,500 is payable if 75% or more of the amount of loan is repaid within 3 years of the establishment of the loan.
,
Product Change $410. |
| Enquire/Apply |
|