Important disclosure
Eco Home Loan Variable
Interest Rate
5.84%
p.a
Comparison Rate*
5.89%
p.a
5.84%
p.a
5.89%
p.a
$3,173
based on $500,000 loan amount for 25 years at 5.84%
Calculate your repayments for this loan
Your estimated repayment
$3,173
based on $500,000 loan amount for 25 years at 5.84%
Pros and cons
For Eco Home Loan Variable < 60%
Benefits
- Interest rates ranked in the best 20%
- No upfront or ongoing fees
- Extra repayments and redraw facility
- Free redraw facility
- Green home loan
Drawbacks
- No offset account
- Maximum loan amount is limited to 60% of the property's value
- No repayment holidays
Reduce Home Loans Variable Rate Home loan overview
For Eco Home Loan Variable < 60%
Details
Maximum LVR 60% | Total Repayments $951,835 |
Interest rate type Variable | Borrowing range
$150k
-
$1b
|
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 Reduce Home Loans 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 |
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 $0 |
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5.59%
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FAQs
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