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Commercial Variable ($1 million to < $3 million)

Variable Rate
4.79% p.a.
Comparison Rate*
4.86% p.a.
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Key Features
Loan Type
Variable
Min Loan
Max Loan
$1,000,000.00
$3,000,000.00
Application Fee
$2,000.00
Borrow upto
of property value
70%
Ongoing fee
$0.00
Redraw Facility
Offset Account

Loan Details

Loan Type Variable
Security Type ResidentialProperty
Availability Investors
Repayment Options Principal & Interest
Repayment Frequency Fortnightly, Monthly
Min Loan Term 1
Max Loan Term 20
Max Loan to Value Ration (LVR) 70%
Max LVR with Mortgage Insurance 70%
Min Loan Amount $1,000,000.00
Max Loan Amount $3,000,000.00
Interest Rate Notes

Features

Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $250.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount $10,000.00
Max Redraw Amount -
Redraw Fee $100.00
Redraw Notice Period 48 Hours
Redraw Method
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split n/a
Separate Statements for Split
Statement Frequency 4
Fixed Option
Fee for Fixing $250.00

Fees

Application Fee $2,000.00
Legal Fee $889.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $0.00
Exit Fee $250.00
Early Termination Fee May apply.

Break Costs

N/A

General Fee Notes:

For loans greater than $1 million, please contact your Broker to confirm the Commitment Fee (Application Fee). A minimum legal fee of $889 applies. Please refer to your Broker for more information or call us on 133 464.

General Notes:

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*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.