Inv Premium Pack 3yr Fixed I/O
Inv Premium Pack 3yr Fixed I/O
Category: Home Loans Last Updated July 9, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED INVESTMENT Interest Only product. Additional Information Inv Premium Package - 3 Yr Fixed I/O (<=90% LVR)
Interest Rate
6.89% PA
6.89% PA
Comparison Rate
6.79%PA*
6.79%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 Additional Information: Access is available to online banking features for the product.
- Other Additional Information: Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans.
- Other Additional Information: Preferential term deposit rates. Earn an extra 0.10%p.a. on your Term Deposit accounts so your investments work harder for you.
- Other Additional Information: Preferential insurance rates. Enjoy a 10% discount off CGU General Insurance premiums
- Unlimited Txns Additional Information: Unlimited extra repayments
Product Eligibility
- Min Age - 18.
Bank Fees and Charges
- Annual Package Fee (Upfront), Amount: 299.00. Additional Information: Payable at settlement and then again on each anniversary
- Discharge Fee - First Security (Exit), Amount: 300.00. Additional Information: Discharge Fee - First Security
- Discharge Fee - Per Additional Security (Exit), Amount: 95.00. Additional Information: Discharge Fee - Per Additional Security
- Rate Lock Fee (Upfront), Amount: 0.00. Additional Information: Payable at application for Rate Lock in the prevailing fixed rate, valid for 90 days from request date
- Legal Fee (Upfront), Amount: 0.00. Additional Information: Nil for Premium Package Loans
- Split Fee (Upfront), Amount: 0.00. Additional Information: Split Fee. Nil, up to 2 loan accounts. Fees apply thereafter
- Top Up Fee (Transaction), Amount: 0.00. Additional Information: Top up fee. Nil 1st top up, then $200
- Early Repayment Adjustment (era)(break Costs) (Exit), Amount: 0.00. Additional Information: Early Repayment Adjustment (ERA) (break costs). Payable if Gateway suffers a loss when loan is repaid in full during a fixed interest rate period. Unascertainable (ERA formula available upon request)
- Security Variation Fee (Event), Amount: 0.00. Additional Information: Security Variation Fee. Nil 1st var then $200.
- Valuation Fee (Upfront), Amount: 0.00. Additional Information: Nil 1st Valuation then $325
- Switch Fee (Event), Amount: 0.00. Additional Information: Nil for 1st switch then $125
- Establishment Fee (Upfront), Amount: 0.00. Additional Information: Nil for Premium Package Loans
- Mortgage Registration Fee (Upfront), Amount: 0.00. Additional Information: Government charges at cost
Limitations & Restrictions (Constraints)
- Max Limit of 2000000.00
- Min Limit of 150000.00
