Our Standard Home Loan is suitable for new home owners and refinancers borrowing under $250k with a deposit less than 20%.
Product Features
Basic Home Loan |
Standard Home Loan |
Premium Home Loan |
|
Minimum Loan Amount
|
$250,000 | $10,000 | $250,000 |
Maximum Loan Amount
|
- | $250,000 | - |
Maximum LVR
|
95% | 95% | 95% |
Maximum Loan Term
|
30 years | 30 years | 30 years |
Minimum Loan term
|
1 year | 1 year | 1 year |
Additional Repayments Available
|
Yes | Yes | Yes |
Redraw
|
Yes | Yes | Yes |
Principal & Interest Repayments
|
Yes | Yes | Yes |
Interest Only Repayments
|
No | Yes | Yes |
Split Loan
|
Yes | Yes | Yes |
Offset Account
|
No | Yes | Yes |
Interest Rates
Basic Home Loan <80% LVR |
Basic Home Loan >80% LVR |
Standard Home Loan |
Premium Home Loan |
|
Owner Occupied (P&I) Rates | ||||
Special Offer Variable Rate
|
2.78%pa 2.83%pa comparison rate* |
3.08%pa 3.13%pa comparison rate* |
- | - |
Variable Rate
|
3.03%pa 3.08%pa comparison rate* |
3.33%pa 3.38%pa comparison rate* |
4.53%pa 4.58%pa comparison rate* |
3.28%pa 3.33%pa comparison rate* |
1 Year Fixed Rate
|
- | - | 3.19%pa 4.46%pa comparison rate* |
2.39%pa 3.25%pa comparison rate* |
2 Year Fixed Rate
|
- | - | 2.99%pa 4.30%pa comparison rate* |
2.39%pa 3.18%pa comparison rate* |
3 Year Fixed Rate
|
- | - | 2.99%pa 4.18%pa comparison rate* |
2.39%pa 3.11%pa comparison rate* |
4 Year Fixed Rate
|
- | - | 3.39%pa 4.20%pa comparison rate* |
3.29%pa 3.33%pa comparison rate* |
5 Year Fixed Rate
|
- | - | 3.39%pa 4.12%pa comparison rate* |
3.29%pa 3.34%pa comparison rate* |
Fees & Charges
Basic Home Loan |
Standard Home Loan |
Premium Home Loan |
|
Establishment Fee
|
$699 | $699 | $699 |
Other Fees | |||
Property Valuation
|
$300 | $300 | $300 |
Progress Draw Fee (construction loans)
|
$110 | $110 | $110 |
Legal Fee
|
$430 | $430 | $430 |
Legal Fee (Trust Deed Review)
|
$132 | $132 | $132 |
Security Variation
|
$300 | $300 | $300 |
Product Switch
|
$300 | $300 | $300 |
Redraw (Online / in branch)
|
$10 / $25 | $10 / $25 | $0 / $25 |
Loan Top-up
|
$250 | $250 | $250 |
Security Guarantee
|
$50 | $50 | $50 |
Changes to Loan Contract
|
$150 | $150 | $150 |
Direct Debit Dishonour Fee
|
$15 | $15 | $15 |
Discharge Fee
|
$300 | $300 | $300 |
Offset Facility (Monthly Fee)
|
- | $5 | $0 |
Mortgage Security Registration Fee
|
Subject to State Government Requirements plus statutory government charges | Subject to State Government Requirements plus statutory government charges | Subject to State Government Requirements plus statutory government charges |
Break Cost Fee (fixed rate loans)
|
Refer to Loan Contract | Refer to Loan Contract | Refer to Loan Contract |
Lenders' Mortgage Insurance
|
Price Available on Application | Price Available on Application | Price Available on Application |
Mortgage Stamp Duty
|
Subject to State Government Requirements | Subject to State Government Requirements | Subject to State Government Requirements |
-
The Little Details
Products issued by BankStead Capital Bank Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply.
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 might result in a different comparison rate.
*The comparison rate is based on a $150,000 loan repayable over 25 years