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  • New Loan Advantage Rate Loan

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    home loans

    • 6.59%variable

    • 6.64%

    • $0.00

    • $670

    Rates

    Variable rate
    6.59%
    Intro rate
    -
    Intro rate term
    none
    Intro rate type
    Variable
    Comparison Rate*
    6.64%
    Fixed 1 year rate
    -
    Fixed 2 year rate
    -
    Fixed 3 year rate
    -
    Fixed 4 year rate
    -
    Fixed 5 year rate
    -
    Fixed 7 year rate
    -
    Fixed 10 year rate
    -
    Fixed loan revert rate
    -

    Fees

    Application fee
    $0.00
    Legal fee
    $0.00
    Valuation fee
    $275.00
    Settlement fee
    $395.00
    Other upfront fee (% of loan)
    none
    Service fee
    $0.00
    Discharge fee
    $250.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Fortnightly, Monthly
    Extra repayments
    yes - free
    Repayment holidays
    no
    Redraw facility
    yes
    Minimum redraw amount
    $
    Split account
    yes
    Offset account
    no
    Other restrictions
    $395 fee is payable if valuation is obtained but loan does not proceed
    Other benefits
    Settlement fee is $150 for loans over $500,000.

    Other financial bits

    Minimum loan amount
    $50,000
    Maximum loan amount
    $2,000,000

    About New Loan

    New-Loan is an online mortgage manager who offer low rate financial products. partnered with Firstfollo group, New-Loan are able to offer a variety of market leading rates on their range of products. New-Loan focus on providing competitive rates and service when dealing with their customers on flexible home loan products.

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