A flexible loan to assist in the purchase of an investment property. Includes 100% offset facility
Category: Home Loans Last Updated November 30, 2023 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE INVESTMENT P&I product. Additional Information The comparison rate is calculated on a loan amount of $150,000 over 25 years with monthly repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate
Interest Rate 7.54% PA
Comparison Rate 7.95%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
Offset
Product Eligibility
Min Age - 18.
Bank Fees and Charges
Application Fee (Upfront), Amount: 200.00.
Account Keeping Fee (Periodic), Amount: 12.00.
Additional Redraw Fee (Event), Amount: 20.00. Additional Information: Payable in respect of each redraw in a month after the first free redraw
Arrears Fee (Periodic), Amount: 25.00. Additional Information: For loans in arrears two month or more
Corporate Cheque (Event), Amount: 10.00.
Bank Cheque Fee (Event), Amount: 12.00. Additional Information: Payable for each cheque from a Bank (other than Cairns Bank) you request
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
Loan Switching Fee (Event), Amount: 200.00. Additional Information: When you apply for consent to any matter relating to the variation of this loan contract or the security (other than a matter for which a specific fee is payable)
Variable To Fixed Rate Fee (Event), Amount: 300.00. Additional Information: Payable when changing from variable to fixed rate
Variation Of Loan Contract Fee (Event), Amount: 200.00. Additional Information: Payable when you apply to vary a loan contract
Subsequent Dealing Fee (Event), Amount: 200.00. Additional Information: When you apply for consent to a subsequent dealing with the mortgaged property