BASIC HOME LOAN

General Lending Rates

Product Variations

Product Features

• Redraw

• Bill Payment

• Npp Enabled

• Npp Payid

• Extra Repayments

Product Eligibility

• Min Age - 18.

• Max Age - 75.

• Natural Person Additional Information: Available for personal use only.

Bank Fees and Charges

• Establishment Fee - Basic Home Loan (Upfront), Amount: 300.00. Additional Information: To cover our costs associated with establishing your loan

• Principal Increase Fee - Home Loan (Event), Amount: 300.00. Additional Information: Payable when we process your request to increase the principal amount of your loan. Waived for Freedom Package loans

• Progress Payment Fee (Event), Amount: 450.00. Additional Information: Payable on the first drawdown after settlement to cover the administration costs of progress payments for your construction or home renovation

• Settlement Fee (Event), Amount: 100.00. Additional Information: Payable when we process the settlement of your loan. Waived for Freedom Package loans

• Valuation Fee - New Loans & Loan Increases (Variable), Amount: Not Listed.. Additional Information: Initial Valuation Fee included in Establishment Fee up to $300 (total per application). Initial Valuation Fee included in Package Fee up to $400 (total per application), subsequent Valuation Fees (eg. additional loans) included in Package Fee up to $300 (total per application).

• Lenders Mortgage Insurance Premium (Variable), Amount: Not Listed.. Additional Information: Premium varies according to the amount borrowed and the valuation of the secured property/s - an estimate will be provided after the security valuation is received

• Property Inspection Fee (Variable), Amount: Not Listed.. Additional Information: Charged at Cost. Covers the cost of us arranging independent inspection on a property under construction or renovation.

• Document Preparation Costs And Third Party Costs (Variable), Amount: Not Listed.. Additional Information: Charged at Cost. May apply where we need to engage external solicitors to prepare the mortgage documents. Covers the cost of documentation preparation, Government charges etc.

• Basic Variation Fee (Event), Amount: 150.00. Additional Information: Plus third party costs if applicable. Payable when we process your request to change or restructure your repayment

• Complex Variation Fee (Event), Amount: 300.00. Additional Information: Plus any applicable break costs and third party costs if applicable. Payable when we process your request that varaies your product, security, interest rate or repayment type, unless switching to Principal & Interest payments. Waived for Freedom Package loans when changing interest rate and or interest type

• Redraw Fee (Event), Amount: 20.00. Additional Information: Payable when we manually process your request (eg: in Branch) to redraw available advance funds from your loan account. Excludes online redraws

• Valuation Fee - Post Settlement (Variable), Amount: Not Listed.. Additional Information: Charged at Cost. Payable to cover the cost of us arranging an independent valuation report (which we may do at any time acting reasonably).

• Default Administration Fee (Event), Amount: 40.00. Additional Information: Charged per month, if you fail to make a payment by the due date

• Conditions Subsequent Costs (Variable), Amount: Not Listed.. Additional Information: Charges vary - Charged at Cost. May apply to reimburse us the costs associated with confirming compliance with any special conditions in your loan agreement, such as the charges from third parties to provide reports to us.

• Rtgs Outward Payment Fee (Transaction), Amount: 20.00. Additional Information: Payable each time you request a high value, time critical payment from your account to another financial institution on a real time basis for same day payment

• Document Preparation Costs And Third Party Costs - Post Settlement (Variable), Amount: Not Listed.. Additional Information: Unacertainable - Are costs reasonably incurred by us in providing the service and include such costs as legal costs, document custodian charges, titles office fees, and electronic processing fees.

• Mortgage Release Fee (Event), Amount: 400.00. Additional Information: Plus third party costs if applicable. Payable per mortgage when we process your request to release a security from your loan, including a partial release. Third party costs may also be payable

 Limitations & Restrictions (Constraints)

• Max Balance of 3500000.00

• Min Balance of 50000.00

• Max Lvr of 95.00 Additional Information: LVR up to 95% for Owner Occupied loans. LVR up to 90% for Investment loans