Flexi Home Equity
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This mortgage account works like an overdraft where you allocate your income to reduce the outstanding balance.
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CONVENIENCE of having money available for emergencies or other worthwhile purposes
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Only pay interest on the portion of the overdraft used
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NO monthly account keeping or service fees
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A VISA Debit Card can be attached to this account
8.50% pa1 Owner Occupied
Variable rate
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Displayed interest rate is for Owner Occupied loan only.
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| Flexi Home Equity Loan - Owner Occupied |
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| Interest Rates | | Variable Interest Rate | 8.50% pa | | Features | | Minimum Amount | $30,000 | | Maximum Amount | 80% of the property value | | Loan period | Continuing credit | | Repayments | Monthly | | Interest charges | Calculated daily, charged monthly | | Legal Fees | At cost | | Valuation Fees | At cost | | Variable and lump sum repayments | Yes | | Additional Repayments Accepted | Yes | | Monthly account keeping/service fees | No | | Top up facility available | Min $10,000 |
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Credit eligibility criteria, terms and conditions, fees and charges apply. All information including interest rate is subject to change.
1. This rate is for secured loans only. Minimum loan amount is $30,000. Maximum loan is 80% of the property value. Interest is calculated daily charged monthly on the portion of the overdraft used.
