The details shown below are for an investor taking out a principal & interest loan between $100,000 and $5,000,000 with an LVR below 75%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $5,000,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Investor | Principal & Interest | < 75% | $100,000 | $5,000,000 |
| | Investor | Principal & Interest | 75%-80% | $100,000 | $5,000,000 |
Investor (Principal & Interest)
LVR < 75%
Loan: $100,000 $5,000,000
Investor (Principal & Interest)
LVR 75%-80%
Loan: $100,000 $5,000,000
Featuring super low variable rates, a plethora of handy features and next to no fees, the Prime Investment Variable home loan from online lender Homeloans360 could provide a competitive option for borrowers looking to purchase an investment property or refinance an existing investment home loan.
There’s a lot to like about the Prime Investment Variable home loan from Homeloans360, but let’s start with the basics.
The loan is available to investors looking to borrow between $100,000 - $5,000,000 who are willing to make principal and interest repayments on their loan and there are two competitive variable interest rates available depending on the loan-to-value ratio (LVR) of the borrower:
2.39% (2.39% comparison rate*) for LVRs below 75%
2.54% (2.54% comparison rate*) for LVRs between 75% and 80%
Homeloans360 also provides plenty of loan flexibility. Repayments can be made on a weekly, fortnight or monthly basis, extra repayments can be made towards the loan balance and borrowers can dip into those additional repayments in the future (should they choose to) using the online redraw facility. There’s even an offset account attached!
As mentioned above, the Prime Investment Variable home loan is also pretty light on fees as there’s no ongoing service fee and no on-off upfront fees. The only fee borrowers will need to watch out for is the $300 discharge fee.
The Prime Investment Variable home loan from Homeloans360 could be a low cost, feature-rich mortgage option for investors lining up their next property purchase or refinancing an existing investment loan.
Just remember that there’s no interest-only repayment option with the loan, so you’ll need to be comfortable making principal and interest repayments. And as the name implies, it’s also only available to investors, so owner occupiers interested in comparable loans from Homeloans360 may be interested in the Fixed or Owner Variable offers.
| 2.39% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| 2.39% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $0.00 | |
| $300.00 |
| $100,000 | |
| $5,000,000 | |
| none | |
| 75.00% |
| Investor | |
| Principal & Interest | |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| none | |
| yes - free | |
| $1.00 | |
| yes | |
| yes | |
| 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.
| 2.54% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| 2.54% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| n/a | |
| $0.00 | |
| $300.00 |
| $100,000 | |
| $5,000,000 | |
| 75.00% | |
| 80.00% |
| Investor | |
| Principal & Interest | |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| none | |
| yes - free | |
| $1.00 | |
| yes | |
| yes | |
| 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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2.21% p.a.
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2.59% p.a.
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3.71% p.a.
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Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.59% p.a.
fixed 3 years
3.71% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.59% p.a.
fixed 3 years
3.71% p.a.
Bank of Queensland
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2.99% p.a.
fixed 3 years
3.21% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
$0.00
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.
