2.98% p.a.
3.88% p.a.
$0.00
MOVE Bank Ultra Low Lockit
2.98% p.a.
3.88% p.a.
$0.00
MOVE Bank Ultra Low Lockit
2.98% p.a.
3.88% p.a.
$0.00
Last updated: 21 October 2019.
Low 2.98% fixed three year rate (3.88% comparison rate*)
Free extra repayments (up to $10,000 annually)
No ongoing service fees
$450 application fee
For many future home owners, there’s nothing more comforting than locking in your home loan rate. And if that sounds like you, why not consider the MOVE Bank Ultra Low Lockit home loan. Featuring a low 2.98% fixed three year rate (3.88% comparison rate*), no ongoing fees and free extra repayments of up to $10,000 a year, this loan works to keep costs low.
If you’re a first home buyer with a 5% deposit, then you might want to check out the MOVE Bank Ultra Low Lockit home loan. Other than a low fixed rate, there are no ongoing fees and free extra repayments (up to $10,000 annually), so you can put every dollar toward your loan.
While you are expected to make your repayments on a monthly basis, there is the option to take a break from your repayments if you ever need to with a repayment holiday. Borrowers will also be able to save on interest, thanks to the offset account feature as well as take advantage of a variable rate with the split account option.
Just keep in mind that there a considerable $450 application fee with this loan and once your fixed rate period ends, the loan will then revert to a fixed rate of 4.15%.
The MOVE Bank Ultra Low Lockit home loan could be a great choice for buyers with a small deposit who like the security of a fixed rate.
While the MOVE Bank Ultra Low Lockit loan works to keep fees to a minimum, you will have to budget for the $450 application fee.
n/a
n/a
n/a
n/a
n/a
n/a
2.98% (3.88%*)
n/a
n/a
n/a
n/a
4.15% p.a.
$450.00
$0.00
$0.00
$0.00
n/a
$0.00
$150.00
$150,000
$3,000,000
none
95.00%
Monthly
yes - free up to $10,000 p.a.
yes
no
none
yes
no
none
none
none
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