Real Options Home Loan Principal and Interest

General Lending Rates

Product Features

• Redraw

• Digital Banking

• Extra Repayments Additional Information: You can make regular additional repayments and extra lump sum payments.

• Other Additional Information: This loan type is eligible to be linked to an Everyday Account known as Partial Offset. Please see the Everyday Account Product Schedule or talk to us for more information.

Product Eligibility

• Min Age - 18.

• Other Additional Information: Credit Approval. Applications for home loans are subject to the Bank's normal credit approval.

• Residency Status - Must Live In Australia And Be Either: An Australian Citizen, An Australian Permanent Resident Or A New Zealand Citizen.

• Natural Person

Bank Fees and Charges

• Redraw Fee Via Branch (Withdrawal), Amount: 25.00. Additional Information: Redraw of advance funds via a Branch.

• Electronic Transfer Fee (Event), Amount: 30.00. Additional Information: Payable to us when we are required to electronically transfer money for settlement.

• Document And Miscellaneous Service (Variable), Amount: Not Listed.. Additional Information: Fee applies if you request copies of documents such as withdrawal slips or statements, you ask us to verify a transaction on your account or you request any other information. It is calculated on an hourly basis, and charged to your account on a pro-rata basis (subject to minimum charges applying) after the search is undertaken. $60/hour (min $10/copy).

• Dishonour (direct Debit And Cheque) (Event), Amount: 9.00. Additional Information: If you ask us to take a payment, either direct debit or salary deduction and you do not have enough funds in your account to cover this payment, you will be charged a fee.

• Default Administration Fee 2 (Event), Amount: 50.00. Additional Information: Where more than one repayment is in default (the fee will be charged the month the payment is due and each later month until the month after you pay the amount).

• Discharge Administration Fee (Exit), Amount: 250.00. Additional Information: Payable whenever we arrange for a discharge of mortgage. There may also be fees charged by a third party.

• Default Administration Fee 1 (Event), Amount: 35.00. Additional Information: Where one payment or less is in arrears at the end of the month.

• Conversion Fee (Event), Amount: 350.00. Additional Information: May be payable when converting loan product type.

• Establishment Fee (Upfront), Amount: 595.00. Additional Information: Establishing a loan is an involved process and requires the expertise of trained staff to assess the loan application, create detailed documentation, coordinate settlement and register the mortgage.

• Application Fee (Event), Amount: 350.00. Additional Information: Payable to us when increasing borrowing against an existing security. Also known as a loan top-up.

• Substitution In Security Fee (Event), Amount: 350.00. Additional Information: Payable when the Security listed on a mortgage is changed. You may also be charged a valuation fee which is unascertainable.

• Settlement Reschedule Fee (Event), Amount: 85.00. Additional Information: Payable to us when your discharge settlement is cancelled and/or rescheduled. This fee is payable in either cash or cheque at the time of settlement.

• Title Search Fee (Event), Amount: 75.00. Additional Information: This comprises our external searcher’s fee and the Land and Property Information fees. (If the security involves a Community Scheme, or is outside New South Wales, or is old system title, this fee is unascertainable and may be higher. We may charge you what our solicitors or agents charge us to perform this search).

• International Transfer Inward (Event), Amount: 12.00. Additional Information: Fee applies for the conversion of international transfers in a foreign currency to Australian dollars.

• Consent Fee (Event), Amount: 200.00. Additional Information: Payable whenever we agree to a change relating to the title of the property.

• Settlement Cheque Fee Npbs Cheque Only (Event), Amount: 5.00. Additional Information: Payable to us when we are required to issue Financial Institution Cheques for settlement. Financial Institution Cheque means a cheque which is issued by us and drawn on us. Where the settlement cheque is drawn by a third party, the fee charged to us by the third party will be passed on to you. The amount of these third party fees may vary and are unascertainable as at the date of these terms and conditions.

 Limitations & Restrictions (Constraints)

• Min Limit of 5000.00 Additional Information: Note that the credit limit we give you will depend on your ability to meet your repayments.

• Max Lvr of 0.95 Additional Information: Maximum LVR for Principal and Interest loans.