| Home Loan Lender |
 |
The Rock Building Society Home Loan |
|
| Home Loan Product Name |
Rock Star LOC$100K<$250K 0.50% Disc |
| Interest Rate |
7.37% |
Comparison Rate
Estimated |
7.61% |
| Amount |
$150,000 |
| Term |
30 years |
Monthly Payment
Estimated |
$1,035.50 |
Total Paid
Estimated |
$381,960 |
| Establishment Fee |
$0.00 |
| Enquire/Apply |
 
|
| Target Market |
A home loan available to members consisting of discounted rates.
,
This package is available to professionals and non professional clients. |
| Acceptable Income |
PAYG and Self Employed applicants, Company and Trust. |
| Loan Term |
Maximum loan term 30 years.
,
Maximum Interest Only term 10 years. |
| Loan Size |
Minimum $100K.
,
Maximum $3.5M. |
| Repayment Type |
Principal & Interest.
,
Interest Only maximum term 10 years.
,
Variable or Fixed. |
| Repayment Options |
Weekly, Fortnightly or Monthly. |
| Extra Repayments |
|
| Split Loan Facility |
Yes up to six splits. |
| Offset |
Not available. |
| Redraw Facility |
Yes. Account to have one payment in advance. Any amount in addition may be redrawn at anytime. Minimum amount $1K at no cost. Maximum LVR after redraw not to exceed 95%. |
| LVR |
Owner Occupier Maximum LVR 80%.
,
Investment Maximum LVR 80%.
,
Construction Maximum LVR 80% .
,
Refinance Maximum LVR 80%.
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Debt Consolidation Maximum LVR 80%. |
| Fees |
Application Fee $NIL (includes the valuation of one security property)
,
Additional Valuation Fee $275. (To the value of $1 million the Valuation Fee will be added to the Application Fee).
,
Annual Package Fee $300
,
Progress Inspection Fee $125. This fee is charged for each of the first and final builders payments
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Account Keeping Fee Nil.
,
Release Fee:$380.
,
Switch Fee:$250.
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Access Fees Free Internet banking, Phone banking, ATM & EFTPOS
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All Deferred Establishment Fees:
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Year 1 or Year 2 minimum $1,500 or 0.25% (whichever is greater).
,
Year 3 minimum $1,200 or 0.20% (whichever is greater).
,
Year 4 minimum $900 or 0.15% (whichever is greater).
,
(Calculated on the approved loan amount).
,
Plus deferred LMI if original LVR was less than or equal to 80% or $500K |
| Enquire/Apply |
|