Advantage Plus Investor Home Loan IO Fixed 3 Year
Whether you're investing in property for the first time, or seeking to extend your portfolio, invest the way you want with both fixed and variable rate options. Lock in a rate for up to 5 years.
Category: Home Loans Last Updated October 14, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED INVESTMENT Interest Only product. Additional Information Fixed 3 Years. Comparison Rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Interest Rate
6.39% PA
6.39% PA
Comparison Rate
7.81%PA*
7.81%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
- Digital Banking
- Notifications
- Other Additional Information: Additional repayments accepted - maximum $10,000 per year
- Other Additional Information: No monthly account keeping/service fees
- Other Additional Information: Loan period up to 30 years
- Other Additional Information: Flexible repayment options available
- Redraw Additional Information: Redraw available
- Other Additional Information: Ability to split loan
Product Eligibility
- Min Age - 18.
- Residency Status - Australian Citizen Or Permanent Resident.
- Other Additional Information: As a Customer Owned Bank, customers must become a shareholder of Unity Bank to open an account.
- Other Additional Information: Credit eligibility criteria, terms and conditions, fees and charges apply.
- Other Additional Information: Borrower must satisify Advantage Plus Loan eligibility.
Bank Fees and Charges
- Arrears Management Expense (Event), Amount: 20.00.
- Copies Of Previous Statements (Event), Amount: 2.50.
- Frequent Statement Fee (Periodic), Amount: 2.00.
- Consent To Subdivision (Event), Amount: 250.00. Additional Information: Valuation, Legal and Government fees are additional
- Consent To Subdivision - Valuation, Government And Legal Fees (Event), Amount: 0.00.
- Discharge Of Mortgage - Government And Legal Fees (Event), Amount: 0.00.
- Discharge Of Mortgage - Preparation Processing Fee (Event), Amount: 300.00. Additional Information: Legal and Government fees are additional
- Establishment Fee - Home Loan Top Ups (Upfront), Amount: 300.00.
- Mortgage Loan - Legal & Valuation Fees (Upfront), Amount: 0.00. Additional Information: Other fees and charges may apply and will be specified at the time the loan is approved.
- Progressive Drawing Fee (Upfront), Amount: 250.00.
- Registration Of Title/dealings (Event), Amount: 150.00. Additional Information: Legal and Government fees are additional
- Registration Of Title/dealings - Government And Legal Fees (Event), Amount: 0.00.
- Settlement Fee (Event), Amount: 200.00.
- Substitution Of Security - Government And Legal Fees (Event), Amount: 0.00.
- Substitution Of Security - Processing Fee (Event), Amount: 250.00. Additional Information: Legal and Government fees are additional
- Title Search (Event), Amount: 0.00.
- Variation Fee - Loan Type (Event), Amount: 150.00.
- Variation Fee - Renewing Expired (Event), Amount: 150.00.
- Variation Fee - Switching Variable To Fixed Rate (Event), Amount: 300.00.
- Variation Fee - Term Of Loan (Event), Amount: 150.00.
- Early Repayment Fee - Fixed Loans (Event), Amount: 0.00. Additional Information: Calculated using the ERF calculator
- Establishment Fee - Fixed Rate Home Loans (Upfront), Amount: 300.00.
- Rate Lock Fee (Event), Amount: 600.00.
- Advantage Plus Annual Fee (Periodic), Amount: 299.00.
Limitations & Restrictions (Constraints)
- Min Limit of 150000.00
- Max Limit of Additional Information: 95% of the property value
Document Downloads
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