Mortgage House
Mortgage House

Advantage Essentials Low Rate Home Loan 60

Variable Rate
2.99% p.a.
Comparison Rate*
3.03% p.a.
Key Features
Loan Type
Min Loan
Max Loan
Application Fee
Borrow upto
of property value
Ongoing fee
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 10
Max Loan Term 30
Max Loan to Value Ration (LVR) 60%
Max LVR with Mortgage Insurance 60%
Min Loan Amount $150,000.00
Max Loan Amount $9,999,999.00
Interest Rate Notes


Extra Repayments
Loan is Transferable (Portable)
Transfer Fee -
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount -
Max Redraw Amount -
Redraw Fee -
Redraw Notice Period 24 Hours
Redraw Method
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split 4
Separate Statements for Split
Statement Frequency 2
Fixed Option
Fee for Fixing n/a


Application Fee $600.00
Legal Fee $395.00
Valuation Fee $0.00
Settlement Fee $445.00
Service Fee $0.00
Exit Fee $500.00
Early Termination Fee

Break Costs

General Fee Notes:

*Refinance Double Down offer for new customers only: 1 year or less with current lender – $600 application fee refunded after settlement. 1 – 5 years with current lender – $600 application fee + $600 paid off home loan after settlement. 5+ years with current lender – $600 application fee + $900 paid off home loan after settlement. Valuation Fees covered up to an amount of $300

General Notes:

*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.