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  • ME Bank Interest Only Investment Loan (Fixed)

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    home loans

    • 6.80%3 years

    • 7.10%

    • $0.00

    • $300

    Rates

    Variable rate
    none
    Intro rate
    -
    Intro rate term
    none
    Intro rate type
    Variable
    Comparison Rate*
    7.10%
    Fixed 1 year rate
    6.49%
    Fixed 2 year rate
    -
    Fixed 3 year rate
    6.80%
    Fixed 4 year rate
    -
    Fixed 5 year rate
    7.19%
    Fixed 7 year rate
    -
    Fixed 10 year rate
    -
    Fixed loan revert rate
    7.19%

    Fees

    Application fee
    $
    Legal fee
    $150.00
    Valuation fee
    $150.00
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $0.00
    Discharge fee
    $200.00
    Early Exit Fee after 1 year assuming $300,000 loan
    fixed rate
    break fees

    Features

    Repayment Frequency
    Monthly
    Extra repayments
    yes
    Repayment holidays
    no
    Redraw facility
    no
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    no
    Other restrictions
    none
    Other benefits
    In many cases a valuation is not required and the $150 fee not charged.

    Other financial bits

    Minimum loan amount
    $40,000
    Maximum loan amount
    $2,000,000

    About ME Bank

    ME Bank aims to provide everyday Australians with innovative, low cost banking services. Originally created as Members Equity to offer low cost home loans to Australian workers, ME Bank now has a broad range of simple, straightforward and value for money products including home loans, credit cards, personal loans and savings accounts. What’s more, Industry Super Funds members can access special home loans rates with the ME Bank Super Member Home Loans range.

    Mozo People's Choice Awards. As voted by the Australian money public. Our Community of 23,000 reviewers gave this provider the thumbs up.

    How are ME Bank home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    ME Bank home loans 8.7 Based on 89
    ME Bank home loan reviews
    7.9 7.5 8.8 7.3 8.8

    Read ME Bank home loan reviews by the Mozo community

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