Better Home Loan 90% LVR IO - Investment

 General Lending Rates

 Product Features

• Digital Banking

• Npp Enabled

• Npp Payid

• Redraw

• Offset

• Card Access

 Product Eligibility

• Residency Status

• Min Age - 18.

 Bank Fees and Charges

• Home Property Credit Package Fee (Upfront), Amount: 420.00. Additional Information: is charged for establishing all home loans with the exception of Commercial Loans

• Application Fee Split Loan (Upfront), Amount: 50.00. Additional Information: in addition to any other Application or Package Fee applicable to loan(s) in question

• Application Fee Further Advance (Upfront), Amount: 275.00.

• Bank Cheque Fee (Payment), Amount: 12.00. Additional Information: Per cheque - Purchase of a bank cheque for settlement

• Conveyancer's / Solicitor's Fee (Variable), Amount: 141.64. Additional Information: Per instrument - Outside of SA and NT as charged by Conveyancer/Solicitor. Covers preparation of mortgage documents, and attendance at settlement.

• Registration Fee (Variable), Amount: 176.00. Additional Information: Per instrument. Payable to register our interests as Mortgagee. Or alternatively, to remove the interest of another Financial Institution from the title.

• Registration Fee (nt) (Variable), Amount: 152.00. Additional Information: Per instrument. Payable to register our interests as Mortgagee. Or alternatively, to remove the interest of another Financial Institution from the title.

• Title Search (sa) (Variable), Amount: 31.25. Additional Information: Per search - provides a copy of the title of the property

• Title Search (nt) (Variable), Amount: 47.25. Additional Information: Per Search - provides a copy of the title to the property

• Document Search (Variable), Amount: 11.50. Additional Information: Per search - provides a duplicate copy of a registered document from Property Assist

• Valuation Fee (Variable), Amount: 205.00. Additional Information: From $205 - a fee charged to value the proposed security property for metropolitan area. Outside metropolitan area as charged by the valuer.

• Valuation Fee (nt) (Variable), Amount: 205.00. Additional Information: from $205.00, please see tier Valuation Fee for Property Value up to over $1,500,000

• Account Sweep Fee (Transaction), Amount: 5.00. Additional Information: Charged at time of transfer - Payable whenever we transfer funds from one of your accounts to another (other than on your instructions) to cover payments arrears or amounts overdrawn.

• Capital Value Search (Variable), Amount: 0.00.

• Deed Of Priority Fee (Event), Amount: 110.00. Additional Information: Payable whenever we prepare a Deed of Priority.

• Default Fee (Event), Amount: 15.00. Additional Information: Payable whenever your repayments become in arrears by 15 days or more.

• Demand Fee (Event), Amount: 50.00. Additional Information: Payable whenever we send you a notice demanding that you remedy a default under your contract.

• Dishonour Fee (Event), Amount: 15.00. Additional Information: Payable whenever a direct debit, cheque or payment order to your account is declined or dishonoured.

• Document Handling Fee (Event), Amount: 55.00. Additional Information: Payable whenever we consent to registration of a subsequent dealing on the title.

• Progressive Drawdown Fee (Event), Amount: 500.00. Additional Information: Payable when we make a number of progressive payments to fund your loan amount, typically for construction or major renovation finance. Payable upon initial disbursement of your loan.

• Quick Debit Dishonour Fee (Event), Amount: 15.00. Additional Information: Payable whenever a scheduled Quick Debit order to your account is dishonoured.

• Repayment Variation Fee (Event), Amount: 30.00. Additional Information: Payable whenever we change your repayments at your request.

 Limitations & Restrictions (Constraints)

• Min Balance of 150000.00

 Document Downloads

  fees-and-charges-home-property-credit.pdf (73 K)