Important disclosure
Calculate your repayments for this loan
Your estimated repayment
$3,188
based on $500,000 loan amount for 25 years at 5.89%
Pros and cons
For Fair Dinkum Home Loan (Principal & Interest) (LVR < 60%)
Benefits
- Interest rates ranked in the best 20%
- No upfront or ongoing fees
- Split account option
Drawbacks
- No redraw and no offset
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
- No repayment holidays
RACQ Bank Variable Rate Home loan overview
For Fair Dinkum Home Loan (Principal & Interest) (LVR < 60%)
Details
Maximum LVR 60% | Total Repayments $956,391 |
Interest rate type Variable | Borrowing range
$20k
-
$2m
|
Suitable for Owner Occupiers | Loan term range 1 - 30 years |
Repayment type Principal and Interest | Applicable states QLD |
Target Market Determination Visit RACQ Bank to view Target Market Determination. |
Features
Extra repayments Unlimited | Redraw facility |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits |
Fees
Total estimated upfront fees $0 | Application fee $0 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $0 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $165 |
FAQs
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