Important disclosure
Fixed Rate Home Loan
Interest Rate
5.75%
p.a
Comparison Rate*
5.81%
p.a
RateCity says
“A competitive home loan suitable for those with small deposits, charging no ongoing fees.”
5.75%
p.a
5.81%
p.a
$3,146
based on $500,000 loan amount for 25 years at 5.75%
Calculate your repayments for this loan
Your estimated repayment
$3,146
based on $500,000 loan amount for 25 years at 5.75%
Pros and cons
For Fixed Rate Home Loan 2 Years
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Suitable for low deposits
- Redraw facility available
- Extra repayments and redraw facility
- Split account option
Drawbacks
- No offset account
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
G&C Mutual Bank Fixed - 2 years Rate Home loan overview
For Fixed Rate Home Loan 2 Years
Details
Maximum LVR 95% | Total Repayments $943,660 |
Interest rate type Fixed - 2 years | Borrowing range
$0
-
$5m
|
Suitable for Owner Occupiers | Loan term range 1 - 30 years |
Repayment type Principal and Interest | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Target Market Determination Visit G&C Mutual Bank Limited to view Target Market Determination. |
Features
Extra repayments Yes - limited to 5% per year | Redraw facility Redraw fee: $30 |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits |
Fees
Total estimated upfront fees $577 | Application fee $500 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $0 | Other upfront fee $77 |
Ongoing fee $0 | Discharge fee $300 |
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FAQs
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