Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
|
|
Owner Occupier | Principal & Interest | 60%-80% | $5,000,000 | |
|
|
Investor | Principal & Interest | 60%-80% | $5,000,000 |
Looking for a low cost home loan with flexible features galore? Along with the very appealing 5.89% p.a. variable rate (5.89% p.a. comparison rate*) for owner-occupiers, the Pacific Mortgage Group Standard Variable Home Loan comes with an identical comparison rate, meaning the full cost of the loan isn’t increased by initial or ongoing fees. Keep in mind that you will need a minimum 20% deposit to be eligible.
Pacific Mortgage Group Standard Variable Home Loan keeps things satisfyingly simple, with a super low 5.89% p.a. (5.89% p.a. comparison rate*) variable interest rate and no ongoing fees. Additional features include the option to make free redraws on the loan should you require (but just be aware there is a $1,000 minimum redraw), and free extra repayments if you’ve extra cash up your sleeve and want to chip off a few additional loan chunks to reap the interest savings.
You’ll be paying off the loan principal and interest across both the owner occupier and investor loan types, and have the option to make repayments weekly, fortnightly or monthly. This extra flexibility allows you to pay off your home loan when it suits your pay cycle, not the bank’s.
The investor loan interest rate sits at a slightly higher 6.14% p.a. (6.14% p.a. comparison rate*). Both borrower types can borrow between 60% - 80% of the property value, and there is no minimum loan amount.
Anyone seeking flexibility in their repayment options while keeping costs down. Also bear in mind, Pacific Mortgage Group is an online lender, so you’ll need to be comfortable with tech-based banking.
While this home loan offers many money-saving features, an offset account isn’t included.
|
5.89% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
5.89% 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 |
|
|
$0.00 |
|
none |
|
|
$5,000,000 |
|
|
60.00% |
|
|
80.00% |
|
Owner Occupier |
|
|
Principal & Interest |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
none |
|
|
yes - free |
|
|
$1,000.00 |
|
|
yes |
|
|
no |
|
|
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.
|
6.14% p.a. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.14% 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 |
|
|
$0.00 |
|
none |
|
|
$5,000,000 |
|
|
60.00% |
|
|
80.00% |
|
Investor |
|
|
Principal & Interest |
|
|
Weekly, Fortnightly, Monthly |
|
|
yes - free |
|
|
none |
|
|
yes - free |
|
|
$1,000.00 |
|
|
yes |
|
|
no |
|
|
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.
This product does not currently have any community reviews. Be the first to write one.
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.
Elevate
6.09% p.a.
6.20% 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.
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.
