The details shown below are for an investor taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $50,000 and $2,000,000 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 | < 80% | $50,000 | $2,000,000 |
|
|
Investor | Interest Only | < 80% | $50,000 | $2,000,000 |
Investor (Principal & Interest)
LVR < 80%
Loan: $50,000 $2,000,000
Investor (Interest Only)
LVR < 80%
Loan: $50,000 $2,000,000
If you already have an owner occupied loan with loans.com.au and are thinking about adding an investment property to your portfolio, you can bundle the two and access rates as low as 3.74% p.a. (4.46% p.a. comparison rate*) for the first 12 months of your investment loan. The loan also comes with a bunch of useful features for extra flexibility.
The Smart Booster Investor Bundle from loans.com.au is all about rewarding investors with competitive rates and taking the hassle out of managing multiple loans.
It works like this: if you’re currently servicing an owner-occupied loan with loans.com.au and you'd like take out an investment loan on top, you’ll be able to access a super low variable rate of 3.74% p.a. (4.46% p.a. comparison rate*) on the investment loan for the first 12 months. Once the first 12 months are up, the intro rate will revert to an ongoing variable rate of 4.23% for the remainder of the loan.
Borrowers will be able to take out loans between $50,000 and $2,000,000 as long as their loan-to-value ratio (LVR) is under 80%, and they'll have the choice between making principal and interest or interest-only repayments.
There are also plenty of flexible features attached to the loan, such as the ability to make additional repayments without incurring any penalties and the use of an online redraw facility. An offset account is also available, however, an extra 0.10% interest loading will be added to your rate if you do take it up.
As mentioned above, this deal is only available to existing loans.com.au customers who are currently servicing an owner occupied loan. Specifically, your owner occupied loan must have an LVR of 80% or lower and structured so that you’re making principal and interest repayments.
When applying, your application must be settled within a reasonable time frame, usually within 60 days of receiving your loan documents. While there are no ongoing fees, there are a few one-off charges you’ll need to be aware of including a $300 discharge fee, $220 valuation fee and $300 settlement fee.
|
4.49% p.a. |
|
|
3.74% p.a. |
|
|
12 Months |
|
|
Variable |
|
|
4.46% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
$0.00 |
|
|
$220.00 |
|
|
$300.00 |
|
|
n/a |
|
|
$0.00 |
|
|
$0.00 |
|
$50,000 |
|
|
$2,000,000 |
|
|
none |
|
|
80.00% |
|
Investor |
|
|
Principal & Interest |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
no |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
Optional - with 0.10% additional interest |
|
|
Only available as a bundle with an eligible loans.com.au Owner Occupier Home Loan. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term. |
|
|
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.
|
4.49% p.a. |
|
|
3.74% p.a. |
|
|
12 Months |
|
|
Variable |
|
|
4.46% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
$0.00 |
|
|
$220.00 |
|
|
$300.00 |
|
|
n/a |
|
|
$0.00 |
|
|
$0.00 |
|
$50,000 |
|
|
$2,000,000 |
|
|
none |
|
|
80.00% |
|
Investor |
|
|
Interest Only |
|
|
Monthly |
|
|
yes - free |
|
|
no |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
Optional - with 0.10% additional interest |
|
|
Only available as a bundle with an eligible loans.com.au Owner Occupier Home Loan. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term. |
|
|
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.
It has been 4 weeks since I applied for the refinanced loans and after subjecting me to a full financial audit (the worst I have been through trying to get a loan in 20 years) and still no sign of final approval. They kept asking to pay off more of the current balance saying based on my income they can't lend me that much. I had to reduce my loan balance twice already, still no sign of final approval. Honestly if not for the fact they already charged me the valuation fees I would have just gone elsewhere. Which brings me to the point that they shouldn't do a valuation and charge people for it until they approved the loan subject to valuations only. Wasting everyone money! Low interest rate is so not worth it.
Read full reviewIt has been 4 weeks since I applied for the refinanced loans and after subjecting me to a full financial audit (the worst I have been through trying to get a loan in 20 years) and still no sign of final approval. They kept asking to pay off more of the current balance saying based on my income they can't lend me that much. I had to reduce my loan balance twice already, still no sign of final approval. Honestly if not for the fact they already charged me the valuation fees I would have just gone elsewhere. Which brings me to the point that they shouldn't do a valuation and charge people for it until they approved the loan subject to valuations only. Wasting everyone money! Low interest rate is so not worth it.
loans.com.au
Smart Home Loan
4.23% p.a.
4.25% p.a.
$0.00
loans.com.au
Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a.
3.96% p.a.
$0.00
loans.com.au
Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a. variable
3.96% p.a.
loans.com.au
Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a. variable
3.96% p.a.
loans.com.au
Smart Booster Home Loan
3.74% p.a.variable for 12 months and then 4.23% p.a. variable
4.22% p.a.
loans.com.au
Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a.
3.96% p.a.
loans.com.au
Smart Booster Home Loan
3.60% p.a.variable for 24 months and then 4.00% p.a.
3.96% 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.
