Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
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Investor | Principal & Interest | < 70% | $50,000 | $2,000,000 |
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Investor | Principal & Interest | < 80% | $50,000 | $1,500,000 |
If you're in the market to purchase an investment property to fund your retirement, or have an existing SMSF loan you're looking to refinance, loans.com.au's range of SMSF products could suit your needs. The SMSF 80 loan comes with a 7.49% p.a. variable rate (7.50% p.a. comparison rate*), available on loans between $50,000 and $1.5 million (with an LVR below 80%) for both refinance and purchase. What’s more, borrowers won’t have to worry about any ongoing fees, and additional repayments can be made without incurring any penalties.
The SMSF 80 Loan comes with a variable interest rate of 7.49% p.a. (7.50% p.a. comparison rate*) on loans between $50,000 and $1.5 million (with an LVR below 80%) and very little in the way of fees. The loan is available to purchase and for refinancers, in which case you'd need to already have an SMSF loan through another lender first.
There are a few other options with this loan:
You’ll be able to apply online or by speaking to one of loans.com.au’s Australian-based lending specialists. Some of the documents you will need to have on hand include:
Your recent Super Fund Statement
Evidence of rental income
Previous independent legal advice
6 months statement of the loan being refinanced
Certified copies of SMSF Trust Deed and Property Trust Deed
Depending on your application, you’ll be able to borrow between $50,000 and $2 million, with loan terms ranging up to 30 years. Repayments can be made weekly, fortnightly or monthly, and extra contributions are allowed, giving you the chance to pay down your loan ahead of schedule.
This offering from loans.com.au could suit those who are looking to purchase an investment property through their SMSF, or who feel they’re not getting the best value from their current SMSF loan and want to refinance to a more attractive option.
While there are no monthly, annual or ongoing fees, you will have to pay a valuation fee, which usually starts at $230 for a standard property in a metropolitan area in a major city. You will also have to be mindful of any exit or discharge fees charged by your previous lender. There is also a $300 discharge fee with the loan.
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6.99% p.a. |
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n/a |
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n/a |
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n/a |
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7.00% p.a. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$490.00 |
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$230.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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$50,000 |
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$2,000,000 |
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none |
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70.00% |
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Investor |
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Principal & Interest |
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Weekly, Fortnightly, Monthly |
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yes - free |
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no |
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no |
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none |
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no |
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no |
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$490 legal fee for purchase only. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term. Available for Self Managed Super Fund purposes only. |
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none |
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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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7.49% p.a. |
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n/a |
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n/a |
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n/a |
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7.50% p.a. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$490.00 |
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$230.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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$50,000 |
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$1,500,000 |
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none |
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80.00% |
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Investor |
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Principal & Interest |
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Weekly, Fortnightly, Monthly |
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yes - free |
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no |
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no |
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none |
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no |
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no |
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$490 legal fee for purchase only. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term. Available for Self Managed Super Fund purposes only. |
|
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none |
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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.
It was a smooth transition to refinance my SMSF home loan. They explained everything and customer service was helpful in the phone with queries.
Read full reviewIt was a smooth transition to refinance my SMSF home loan. They explained everything and customer service was helpful in the phone with queries.
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Mortgage Simplifier
6.14% p.a. variable
6.17% p.a.
Flex Home Loan
6.24% p.a. variable
6.48% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
SMSF Home Loan (Variable)
6.99% p.a. variable
7.00% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Home Value Loan
6.09% p.a.
6.09% p.a.
$0.00
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
$0.00
Elevate
6.09% p.a.
6.20% p.a.
$0.00
Flex Home Loan
6.24% p.a.
6.48% p.a.
$250.00 yearly
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.
