Fixed Rate mortgage – Owner Occupier with Advantage Package *

Date: July 15, 2020 | Category: Online Installment Loans Texas Direct Lenders

Fixed Rate mortgage – Owner Occupier with Advantage Package *

LVR stands for the loan that is initial value ratio at loan approval. LVR could be the level of your loan when compared to Bank’s valuation of your home agreed to secure your loan expressed as a share.
As an example, that loan of $400,000 to purchase a residential property worth $500,000 leads to a loan to value ratio of 80%. The interest rates here are for brand new loans. Home loan rates are set in line with the LVR that is initial don’t change as a result of modifications to your LVR through the life of the mortgage.

Get yourself a 0.15% p.a. Discount on Advantage Package * for balances above $150,000 (within the rates that are below

Term rate that is yearly rate 1
Principal & Interest
12 months standard fixed rate less package discount 2.94% p.a. 3.86% p.a.
LVR up to 60%
(Includes further discount of 0.10% p.a. )
2.84% p.a. 3.76% p.a.
LVR above 60per cent as much as 80per cent
(Includes further discount of 0.05% p.a. )
2.89% p.a. 3.81% p.a.
LVR above 80%
(No switch to rate that is standard
2.94% p.a. 3.86% p.a.
2 year standard fixed rate less package discount 2.94% p.a.

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