Geelong Bank
Geelong Bank

Affinity Owner Occupied P&I Home Loan Package

Variable Rate
3.16% p.a.
Comparison Rate*
3.47% p.a.
Compare Now
Key Features
Loan Type
Variable
Min Loan
Max Loan
$30,000.00
$1,000,000.00
Application Fee
$0.00
Borrow upto
of property value
97%
Ongoing fee
$295.00 Yearly
Redraw Facility
Offset Account

Loan Details

Loan Type Variable
Security Type ResidentialProperty
Availability Owner Occupiers
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 1
Max Loan Term 30
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance 97%
Min Loan Amount $30,000.00
Max Loan Amount $1,000,000.00
Interest Rate Notes

Features

Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $350.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount $100.00
Max Redraw Amount -
Redraw Fee -
Redraw Notice Period Same business day
Redraw Method Internet
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split 2
Separate Statements for Split
Statement Frequency
Fixed Option
Fee for Fixing n/a

Fees

Application Fee $0.00
Legal Fee $0.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $295.00
Exit Fee $0.00
Early Termination Fee

Break Costs


General Fee Notes:

Applicants must open an Affinity Saver account o be eligible for an Affinity Home Loan Package. Legal and valuation fees are at cost to the member.

General Notes:

Our Affinity Home Loan offers a competitive ongoing variable rate and other features to help you purchase or build your home sooner or use the equity in your existing property to purchase an investment property.

*The comparison rates in this table are based on a secured loan amount of $150,000 and a term of 25 years. WARNING: These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.