Reverse Mortgage Home Loan

Variable

5.40% p.a.

Comparison Rate

5.40% p.a.

Compare 300 + other Home Loans

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Age Bands Min LVR Max LVR Min Loan Amount Max Loan Amount
Age 65 20.00% $10,000.00 $300,000.00
Age 70 25.00% $10,000.00 $300,000.00
Age 80 35.00% $10,000.00 $300,000.00
  • Loan Type Variable
  • Total Setup Cost -
  • Ongoing fee $0.00

Loan Details

Loan Type
Variable
Guaranteed No Negative Equity
Independent Legal Advice
Notes
Security property is subject to revaluation when the loan to value ratio ( current debt against existing valuation ) reaches 50%

Features

Loan Drawdown
Lump Sum
Portability
Revalutions Required
Revalution Frequency
5yrs
Revalution Fee
$0.00
Further loan advance possible
Lending in all areas
Partial Repayments Allowed
Repayment Notes
Limit to Equity Reduction

Fees

Total Setup Cost
-
Ongoing Fee
$0.00
Discharge Fee
-
Early Termination Fee

Reverse Mortgage Home Loan

Variable Rate
5.40 % p.a.
Comparison Rate
5.40 % p.a.
Loan Type
Variable
Total Setup Cost
-
Ongoing fee
$0.00
Age Bands Min LVR Max LVR Min Loan Amount Max Loan Amount
Age 65 20.00% $10,000.00 $300,000.00
Age 70 25.00% $10,000.00 $300,000.00
Age 80 35.00% $10,000.00 $300,000.00

More Information

Loan Type Variable
Guaranteed No Negative Equity
Independent Legal Advice
Notes Security property is subject to revaluation when the loan to value ratio ( current debt against existing valuation ) reaches 50%
Loan Drawdown Lump Sum
Portability
Revalutions Required
Revalution Frequency 5yrs
Revalution Fee $0.00
Further loan advance possible
Lending in all areas
Partial Repayments Allowed
Repayment Notes
Limit to Equity Reduction
Total Setup Cost -
Ongoing Fee $0.00
Discharge Fee -
Early Termination Fee