Auswide Bank Business Term Loan

Rates

• Rate type

  variable

• Variable rate

  5.10% p.a.

• Fixed 1 year rate

  n/a

• Fixed 2 year rate

  n/a

• Fixed 3 year rate

  n/a

• Fixed 4 year rate

  n/a

• Fixed 5 year rate

  n/a

• Fixed 6 year rate

  n/a

• Fixed 7 year rate

  n/a

Fees

• Upfront fee

  0.5% of loan amount (minimum $600)

• Ongoing fees

  $20 per month

• Late payment fee

  n/a

• Exit fee

  varies

• Early repayment penalty

  n/a

• Transaction fee

  n/a

Features

• Repayment frequency

  Monthly

• Repayment types

  Principal & Interest, Interest Only

• Extra repayments allowed

  yes

• Redraw allowed

  yes

• Card access

  no

• Cheque access

  no

• Other benefits

  none

• Other restrictions

  Default interest rate of 4.50% applies to late payments