|
Loan Amount - Minimum |
$50,000 |
|
Loan Amount – Maximum |
$750,000 |
|
Rate Type |
Variable or Fix (No cost to switch to fix) |
|
Repayments |
During construction period Interest Only
Monthly or Fortnightly after construction
Salary Crediting or Direct Debit |
|
Lump Sum Payments |
Yes (whilst on variable rate)
|
|
LVR – Maximum |
90% |
|
Conditions
|
Maximum construction period - 12 months |
|
Loan Term |
Minimum 15 years
Maximum 40 years |
|
Redraw
Available |
Yes |
|
Split Loan Available |
Yes |
|
Lenders Mortgage Insurance |
Payable by the customer if
over 80% |
|
Fees |
- Monthly Fee
- Application Fee
- Settlement Fee |
$Nil
$600 (inc. valuation fee for one security)
$379.50 |
