 |
| General Details |
|---|
|
Institution:
|
Savings & Loans Credit Union
|
Contact Number:
|
13 11 82
|
|
|
Product Name:
|
Home Loan
|
|
|
|
|
|
| Loan Details |
|---|
|
Loan Type:
|
Variable
|
Security Type:
|
ResidentialProperty
|
|
|
Availability:
|
Owner Occupiers
|
Repayment Type:
|
Principal and Interest
|
|
|
Max Loan to Value Ratio:
|
80
|
Max Loan to Value Ratio with Mortgage Insurance:
|
95
|
|
|
Min. Income Requirement - Single:
|
-
|
Min. Income Requirement - Joint:
|
-
|
|
|
Min Loan Amount:
|
$20,000.00
|
Max Loan Amount:
|
$10,000,000.00
|
|
|
Min Loan Term:
|
none
|
Max Loan Term:
|
30 year/s
|
|
|
|
| Interest Rates |
|---|
|
Rate:
|
6.61%
|
Intro Term (Mths):
|
-
|
|
|
Intro Loan Type:
|
|
1 Yr Fixed:
|
-
|
|
|
2 Yr Fixed:
|
-
|
3 Yr Fixed:
|
-
|
|
|
4 Yr Fixed:
|
-
|
5 Yr Fixed:
|
-
|
|
|
7 Yr Fixed:
|
-
|
10 Yr Fixed:
|
-
|
|
|
Rate Reduction Available:
|
|
Rate Reduction Notes:
|
|
|
|
Interest Rate Notes:
|
|
|
| |
|
|
| Comparison Rates |
|---|
|
Rate:
|
6.65%
|
1 Yr Fixed:
|
-
|
|
|
2 Yr Fixed:
|
-
|
3 Yr Fixed:
|
-
|
|
|
4 Yr Fixed:
|
-
|
5 Yr Fixed:
|
-
|
|
|
7 Yr Fixed:
|
-
|
10 Yr Fixed:
|
-
|
|
|
|
| Fees |
|---|
|
Application Fee:
|
$600.00
|
Reductions to Application Fee:
|
|
|
|
Legal Fee:
|
-
|
Valuation Fee:
|
-
|
|
|
Settlement Fee:
|
-
|
Service Fee:
|
-
|
|
|
Exit Fee:
|
$250.00
|
Early Termination Fee:
|
Admin Fee $250 and a deferred establishment fee may also apply; if the loan is repaid within the first two years the deferred establishment fee is $1000 and if repaid within the third year a deferred establishment fee of $750 will apply.
|
|
|
Switching Fee:
|
-
|
Switching Fee - Notes:
|
|
|
|
Fees General:
|
|
Fixed Loan Break Costs:
|
NA
|
|
|
|
| Repayments |
|---|
|
Weekly Repayments Option:
|
|
Fortnightly Repayments Option:
|
|
|
|
Monthly Repayments Option:
|
|
Can Make Extra Repayments:
|
|
|
|
|
| Features - Redraw |
|---|
|
Redraw Facility Avail:
|
|
Min Redraw Amount:
|
$500.00
|
|
|
Max Redraw Amount:
|
-
|
Fee per Redraw:
|
$10.00
|
|
|
Redraw Notice:
|
|
Redraw Method:
|
||
|
|
|
Redraw Comments:
|
|
|
| |
|
|
| Features - Portability |
|---|
|
Loan is Transferable:
|
|
Transfer Fee:
|
$300.00
|
|
|
|
| Features - Mortgage Offset |
|---|
|
Mortgage Offset Avail:
|
|
100% Offset:
|
|
|
|
Mortgage Offset Rate:
|
-
|
|
| |
|
|
| Features - Split Account |
|---|
|
Can be Split:
|
|
Max Num. Split Accounts:
|
-
|
|
|
Separate Statements:
|
|
Statement Frequency:
|
-
|
|
|
Fixed Option:
|
|
Fixed Fee:
|
-
|
|
|
|
| Discounts |
|---|
|
Home Insurance Discount:
|
|
Life Insurance Discount:
|
|
|
|
Other Discounts:
|
|
Other Discount Details:
|
|
|
|
|
| Attached Transaction Account |
|---|
|
Transaction Account Avail:
|
|
Credit Card Avail:
|
|
|
|
Credit Card Type:
|
V
|
Debit Card Avail:
|
|
|
|
Debit Card Type:
|
V
|
ATM Access:
|
|
|
|
EFTPOS Access:
|
|
Cheque Access:
|
|
|
|
Phone Access:
|
|
Internet Access:
|
|
|
|
Giro Post Access:
|
|
Other Access:
|
|
|
|
ATM Fee:
|
-
|
ATM Fee (Other Bank):
|
-
|
|
|
O/S ATM Fee - Balance:
|
-
|
O/S ATM Fee - Withdrawal:
|
-
|
|
|
Transfer Fee:
|
-
|
Transfer Fee (Other Bank):
|
-
|
|
|
Cheque Fee:
|
-
|
Credit/Debit Card Fee:
|
-
|
|
|
Phone Fee:
|
-
|
Internet Fee:
|
-
|
|
|
Other Fee:
|
-
|
Unused Limit Fee:
|
-
|
|
|
Bonus Features Fee:
|
-
|
Number of Free Elec Transactions:
|
-
|
|
|
Number of Free OTC Transactions:
|
-
|
|
| |
|
|
|
|