Choose the version of this loan that suits you best
Availability | Loan type | LVR | Min loan amount | Max loan amount | |
---|---|---|---|---|---|
|
Owner Occupier | Principal & Interest | < 90% | $50,000 | $2,000,000 |
|
Owner Occupier | Interest Only | < 80% | $50,000 | $2,000,000 |
|
Investor | Principal & Interest | < 80% | $50,000 | $2,000,000 |
|
Investor | Interest Only | < 80% | $50,000 | $2,000,000 |
If you're looking for a competitive rate on a variable home loan, online lender loans.com.au comes through with this offer available to for owner-occupiers (P& I) with a loan-to-value ratio of 90%. You can access a 6.04% p.a. variable rate (6.06%% p.a. comparison rate*) to borrow between $50,000 to $2,000,000, make free extra repayments, and redraw them without penalty.
The Variable Home Loan 90 from loans.com.au comes with a 6.04% p.a. variable rate (6.06% p.a. comparison rate) and is available for loans between $50,000 and $2,000,000. While there are no application or upfront fees on the loan, you will have to budget for a $230 valuation and $300 settlement fee.
You can choose to make your repayments weekly, fortnightly or monthly, but be sure to pay on time because a $150 late payment fee will apply. Extra repayments are allowed and you'll be able to retrieve those extra funds at any time at no cost.
The minimum loan term is 15 years and the maximum is 30 years. To qualify for the loan, you'll need a deposit of at least 10% of the property's value. However, if you go for the interest-only options or the investor (P&I) option you'll need a 20% deposit.
People who want a lower rate on their home loan in the current market and can afford a slightly larger deposit of 10% may appreciate this offer. With the interest-only options or the investor (P&I) option for this loan, you'll need a 20% deposit.
There’s a $150 late payment fee if you fail to make a repayment on time so be sure to set up automatic repayments from your bank account to avoid this.
6.04% p.a. |
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n/a |
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n/a |
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n/a |
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6.06% 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 |
|
n/a |
|
n/a |
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n/a |
$0.00 |
|
$0.00 |
|
$230.00 |
|
$300.00 |
|
n/a |
|
$0.00 |
|
$0.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
90.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
none |
|
yes - free |
|
none |
|
yes |
|
yes |
|
Offset sub-account available for additional +0.10%. $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.
6.54% p.a. |
|
n/a |
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n/a |
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n/a |
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6.56% p.a. |
|
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 |
$0.00 |
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$0.00 |
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$230.00 |
|
$300.00 |
|
n/a |
|
$0.00 |
|
$0.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
80.00% |
Owner Occupier |
|
Interest Only |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
none |
|
yes - free |
|
none |
|
yes |
|
yes |
|
Offset sub-account available for additional +0.10%. $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.
6.34% p.a. |
|
n/a |
|
n/a |
|
n/a |
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6.36% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
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n/a |
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n/a |
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n/a |
$0.00 |
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$0.00 |
|
$230.00 |
|
$300.00 |
|
n/a |
|
$0.00 |
|
$0.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
80.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
none |
|
yes - free |
|
none |
|
yes |
|
yes |
|
Offset sub-account available for additional +0.10%. $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.
6.74% p.a. |
|
n/a |
|
n/a |
|
n/a |
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6.76% p.a. |
|
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 |
$0.00 |
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$0.00 |
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$230.00 |
|
$300.00 |
|
n/a |
|
$0.00 |
|
$0.00 |
$50,000 |
|
$2,000,000 |
|
none |
|
80.00% |
Investor |
|
Interest Only |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
none |
|
yes - free |
|
none |
|
yes |
|
yes |
|
Offset sub-account available for additional +0.10%. $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.
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.
First Home Buyer Loan
5.90% p.a.
5.93% p.a.
$0.00
Basic Variable Home Loan
5.94% p.a.
5.99% 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.