Home Loans through LoanAustralia - Product Matrix
- Very low comparison home loan interest rates
- Free extra repayments
- Free 100% offset and redraw facility - pay off your home loan quickly
- Free portability - sell your property and buy a new one without having to refinance
Home Loans
|
Optimiser |
Flexi Plus |
Discount Saver |
100% Finance |
Line of Credit |
LoDoc |
LoDoc Line of Credit |
Construction |
| Delivery Variable Rate to Borrower |
9.15%# |
9.16% |
9.02% |
9.27% |
9.32% |
9.46% |
9.66% |
9.62% |
| Minimum Loan Amount |
$50,000 |
$50,000 |
$50,000 |
$50,000 |
$50,000 |
$50,000 |
$20,000 |
$50,000 |
| Maximum Loan Amount |
No set amount |
No set amount |
$500,000 |
$500,000 |
No Set Amount |
$2,000,000 |
$2,000,000 |
No set amount |
| Maximum LVR |
95%^ |
95%^ |
95%^ |
100% (97% from Purch. Price + 3% LMI Cap) |
90% |
80% |
80% |
95% |
| Interest Only Option |
1-10 years |
1-10 years |
1-10 years |
N/A |
Full term of the loan |
1-10 years |
Full term of the loan |
1-10 years |
| Fixed Interest Option |
1-10 years |
1-10 years |
N/A |
1-10 years |
N/A |
1-10 years |
N/A |
N/A |
| Minimum Loan Term |
12 months |
12 months |
12 months |
12 months |
No Set Term |
12 months |
No Set Term |
12 months |
| Maximum Loan Term |
30 years |
30 years |
30 years |
30 years |
No Set Term |
30 years |
No Set Term |
30 years |
| Monthly or Annual fee |
Nil |
Nil |
$350 per year or
$30 per month. |
Nil |
Nil |
Nil |
Nil |
Nil |
| Redraw Available |
| | | | | | | |
| Split Loan Available |
|
|
N/A |
|
N/A |
|
| |
| Repayment frequency |
Monthly, Fortnightly & Weekly (Interest Only - Monthly) |
Monthly, Fortnightly & Weekly (Interest Only - Monthly) |
Monthly, Fortnightly & Weekly (Interest Only - Monthly) |
Monthly, Fortnightly & Weekly |
Monthly |
Monthly, Fortnightly & Weekly (Interest Only - Monthly) |
Monthly |
Monthly, Fortnightly & Weekly (Interest Only - Monthly) |
| Lump Sum repayments (fixed rate loans have break costs apply) |
| | | | | |
|
|
| Inward Direct Debits |
| | | | | |
|
|
| Inward Salary Crediting |
| | | | | |
|
|
| Outward Direct Debit |
| | | | | |
|
|
| Outward Cheque Book |
Yes* |
N/A |
N/A |
N/A |
|
N/A |
|
N/A |
| Outward Debit Card |
| | | | | |
|
|
| Phone Banking |
| | | | | |
|
|
| Portability |
| | | | | |
|
|
* Conditions apply - when combined with Line of Credit.
^ The maximum LVR for refinancing is 90%.
# 9.32% variable interest rate on Line of Credit portion of loan (Comparison 9.39%).
Online Application - with our secure form it takes only 5 minutes to get an obligation free pre-approval.
