Initial Monthly Payment
Estimated |
$996.95 |
| Acceptable Income |
No income or Professional Hurdles
,
Self employed At the Lending Managers discretion
,
Serviceability up to LVR 80% 1.00 x over LVR 80% 1.10 x Non Resident and serviced apartments 1.25 x
,
On Income Calculations Worksheet use 2 % of limit, highest balance in the last 3 mths, or nil limit if card cleared each month for the last 3 mths
,
,
For Investment Loans calculate 12 months worth of interest at the qualifying rate and take this amount off taxable income before assessing for tax. |
| Fees |
Annual Package Fee $375
,
Home Loan Establishment Fee Nil
,
Home Loan Increase Fee Nil
,
Switch/Conversion Fee Nil
,
Portfolio Loan sub-account set up Nil
,
Home loan monthly Admin fee Nil
,
Complete Freedom monthly fee Nil
,
Credit Card annual fee Nil
,
Mortgage equaliser monthly service fee Nil (Includes Repayment Offset monthly service fee.)
,
Phone and Internet Redraw fees Nil
,
Fees apply as per product specifications |