General Details
Institution: MyRate
Contact Number: 1300 663 558
Product Name: MyRate.com.au - Advantage Rate Loan


Loan Details
Loan Type: Variable
Security Type: ResidentialProperty
Availability: Owner Occupiers/Investors
Repayment Type: Principal and Interest OR Interest Only
Max Loan to Value Ratio: 80
Max Loan to Value Ratio with Mortgage Insurance: 90
Min. Income Requirement - Single: -
Min. Income Requirement - Joint: -
Min Loan Amount: $100,000.00
Max Loan Amount: $2,000,000.00
Min Loan Term: 10 year/s
Max Loan Term: 30 year/s

Interest Rates
Rate: 6.13%
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: 6.13%
1 Yr Fixed: -
2 Yr Fixed: -
3 Yr Fixed: -
4 Yr Fixed: -
5 Yr Fixed: -
7 Yr Fixed: -
10 Yr Fixed: -

Fees
Application Fee: -
Reductions to Application Fee:
Legal Fee: -
Valuation Fee: -
Settlement Fee: -
Service Fee: -
Exit Fee: $250.00
Early Termination Fee: Deferred Establishment Fees Year 1: 1.00% of the original loan amount Year 2: 0.80% Year 3: 0.60% Year 4: 0.40% Year 5: 0.20% 6 + years 0.00%
Switching Fee: -
Switching Fee - Notes:
Fees General: Non proceeding fee of $220 will be charged if after MyRate has issued a conditional approval offer and obtained a standard valuation report you decide not to proceed to settlement with MyRate or your valuation does not meet credit requirements. Additional charges may apply if loan agreements have been issued or additional valuation costs incurred.
Fixed Loan Break Costs:

Repayments
Weekly Repayments Option:
Fortnightly Repayments Option:
Monthly Repayments Option:
Can Make Extra Repayments:

Features - Redraw
Redraw Facility Avail:
Min Redraw Amount: -
Max Redraw Amount: -
Fee per Redraw: -
Redraw Notice:
Redraw Method: ||
Redraw Comments:



Features - Portability
Loan is Transferable:
Transfer Fee: $250.00

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: -