Investment property loan Interest Only Fixed 2 years
A flexible loan to assist in the purchase of an investment property with the rate fixed for 2 years. Includes a 100% offset account.
Category: Home Loans Last Updated November 30, 2023 Effective November 1, 2024
General Lending Rates
Rates listed below are for a VARIABLE INVESTMENT Interest Only product. Additional Information Interest only period up to five years
Interest Rate
7.74% PA
7.74% PA
Comparison Rate
7.73%PA*
7.73%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
- Offset
Product Eligibility
- Min Age - 18.
Bank Fees and Charges
- Account Keeping Fee (Periodic), Amount: 12.00.
- Application Fee (Upfront), Amount: 200.00.
- Arrears Fee (Periodic), Amount: 25.00. Additional Information: For loans in arrears two month or more
- Discharge Preparation Fee (Event), Amount: 60.00. Additional Information: When the balance is repaid in full and a Form 3 is prepared
- Discharge Settlement Fee (Event), Amount: 100.00. Additional Information: When required to attend at settlement
- Inward Dishonour Fee (Event), Amount: 20.00. Additional Information: If a cheque received by the Credit Provider is dishonoured this fee will be debited to your account. After that debit is made, this fee is payable as part of the balance
- Refixing Fee (Event), Amount: 300.00. Additional Information: Payable when changing from one fixed rate to another
- Subsequent Dealing Fee (Event), Amount: 200.00. Additional Information: When you apply for consent to a subsequent dealing with the mortgaged property
- Variation Of Loan Contract Fee (Event), Amount: 200.00. Additional Information: Payable when you apply to vary a loan contract
Limitations & Restrictions (Constraints)
- Min Balance of 10000.00
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