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 |
Promoted home loans
Promoted
Fixed Rate Home Loans
5.69%
p.a
6.16%
p.a
Australian Credit Licence 395219Fees & charges apply
Promoted
3 year Fixed Rate Home Loan
6.04%
p.a
8.10%
p.a
Promoted
First Home Loan
5.59%
p.a
5.85%
p.a
FAQs
What is the minimum amount you can apply for?
What's the minimum deposit needed for this loan?
What's the maximum length for this loan?
How often can you make repayments?
How much will the upfront fees be for this loan?
Does this loan come with a redraw facility?
Where can you apply for this loan?