Platinum Basic Home Loan
Economy Platinum Basic Home Loan
For people borrowing larger amounts of money, this product offers a low rate with flexibility and all the trimmings.
This home loan will suit
- Home owners wanting to lower their current repayments
- Professionals, investors and owner-occupiers looking to refinance and/or consolidate debt
Enjoy these benefits:
- One of the best professional pack rates available
- The flexibility to repay extra and redraw funds when you need them
Key Home Loan Features
Who is this home loan for?
Owner occupied and investment property purchases, re-financing existing loans
How much can you borrow with this loan?
From $250,000 to $1,000,000 per security property
What is the maximum amount I can borrow against the value of my property?
90% (conditions apply)* Where the borrowing is for a new loan, the LMI premium can be capitalised to bring the LVR above 90% to a maximum of 95%.
Is there an application fee?
Yes, $299 payable at settelement of the loan
Is Lenders Mortgage Insurance payable?
Lenders Mortgage Insurance is payable if the amount borrowed is greater than 80% of the value of the property (conditions apply)*
The maximum loan term?
30 Years
Can I make interest only repayments?
Yes, up to 10 years
Repayment frequency
Weekly, fortnightly or monthly by electronic direct debit or direct salary credit.
Can I split the loan?
Yes, up to 6 separate splits per facility.
Is there a re-draw facility?
Yes, unlimited re-draw at no cost. $100 minimum redraw amount.
Internet Banking
Yes, both Internet banking and telephone banking available
