Important disclosure
Variable Home Loan
Interest Rate
6.04%
p.a
Comparison Rate*
6.06%
p.a
RateCity says
“Enjoy a competitive interest rate home loan with helpful features and no ongoing fees”
6.04%
p.a
6.06%
p.a
$3,234
based on $500,000 loan amount for 25 years at 6.04%
Australian Credit Licence 395219Fees & charges apply
Calculate your repayments for this loan
Your estimated repayment
$3,234
based on $500,000 loan amount for 25 years at 6.04%
Pros and cons
For Variable Home Loan (LVR < 90%)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
loans.com.au Variable Rate Home loan overview
For Variable Home Loan (LVR < 90%)
Details
Maximum LVR 90% | Total Repayments $970,123 |
Interest rate type Variable | Borrowing range
$50k
-
$2m
|
Suitable for Owner Occupiers | Loan term range 15 - 30 years |
Repayment type Principal and Interest | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Target Market Determination Visit loans.com.au Pty Ltd to view Target Market Determination. |
Features
Extra repayments Unlimited | Redraw facility Redraw fee: $0 |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits Offset account available - add 0.10% for a linked offset sub-account |
Fees
Total estimated upfront fees $530 | Application fee $0 |
Legal fee $0 | Valuation fee $230 |
Settlement fee $300 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $300 |
How to apply
If you'd like to apply for this product or just get more information, follow the application process on loans.com.au.
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