Home Loan Interest Only Fixed 3 years

A flexible loan to assist in the purchase of a home to live in.
Category: Home Loans  Last Updated July 24, 2024  Effective January 10, 2025

 General Lending Rates

Rates listed below are for a FIXED Owner Occupied Interest Only product. Additional Information Interest only period up to five years
Interest Rate
6.59% PA
Comparison Rate
7.45%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 Eligibility

  • Min Age - 18.
  • Natural Person

 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
  • Break Cost Administration Fee (Event), Amount: 400.00. Additional Information: Payable when the whole of a fixed rate loan is repaid during any fixed rate period and any other break costs do not exceed $400
  • 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