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bcu OMG Investment Home Loan

Advertiser disclosure

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 70%

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $100,000 and $1,500,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Investor (Principal & Interest)

    LVR < 70%

    Loan: $100,000 $1,500,000

  • Investor (Principal & Interest)

    LVR 70%-90%

    Loan: $100,000 $1,500,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $100,000 $1,500,000

Rate
3.99% p.a.
Comparison Rate
4.00% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.24% p.a.
Comparison Rate
4.25% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.44% p.a.
Comparison Rate
4.45% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review bcu OMG Investment Home Loan - last updated: 17 August 2022

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What's hot
  • Variable rates from 3.99% p.a. (3.99% p.a. comparison rate*)
  • Free extra repayments and redraws
  • No application or ongoing service fees
What's not
  • $395 discharge fee
Mozo snapshot

Looking to add a house or apartment to your investment portfolio? With variable rates from 3.99% p.a. (3.99% p.a. comparison rate*), the Basic Investment Home Loan may be the loan to help you do just that.  It also has flexible repayment options and is available for loans up to $1.5 million.

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Key features

The Basic Investment Home Loan has a number of great features, but the first thing you may want to look at is the interest rate. If you decide on the principal and interest option, the interest rate is 3.99% p.a. (3.99% p.a. comparison rate*) for loan-to-value ratios (LVRs) up to 70%, while the interest only option has an interest rate of 4.44% p.a. (4.29% p.a. comparison rate*) for LVRs up to 80%.

Paying off your loan early can be an excellent way to save interest, but sometimes extra fees can make doing so a little less appealing. But this isn’t a problem with the bcu Basic Investment Home Loan, as you can make as many extra repayments as you want, for free! Plus, if you need redraw some of these early repayments you can also do so for free, although you’ll need to redraw at least $1,000 at a time.

And while finding the right repayment schedule to pay off a home loan and still manage all your other commitments can sometimes be a bit of a pain the Basic Investment Home Loan allows you to choose between weekly, fortnightly or monthly repayments.

snapshot
Who is it good for

Investors looking for a loan of up to $1.5 million, with the chance to make additional repayments free of charge might want to take a look at the bcu Basic Investment Home Loan.

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Any catches

While there are no upfront or ongoing fees, when you budget for your home loan, keep in mind the $395 discharge fee.

Details

Rates and fees information correct as at 18 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

3.99% p.a.

n/a

n/a

n/a

4.00% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$100,000

$1,500,000

none

70.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

no

none

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

4.24% p.a.

n/a

n/a

n/a

4.25% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$100,000

$1,500,000

70.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

no

none

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

4.44% p.a.

n/a

n/a

n/a

4.45% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$100,000

$1,500,000

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

no

none

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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About bcu

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.