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Take advantage of the Mortgage Breaker 100% offset savings facility to save on loan interest. You can use the offset savings account to pay for costs associated with your investment property. This may be a great benefit at tax time.
Product Features:
Investment Loans |
|
|---|---|
| Minimum amount : | $50,000 |
| Maximum amount : | 80% of property value. 95% of property value with mortgage insurance |
| Loan period : | Up to 30 years |
| Redraw facility : | Yes |
| Minimum redraw amount : | $500 |
| Repayments : | Weekly, fortnightly or monthly |
| Interest : | Calculated daily, charged monthly |
| Variable and lump sum repayments : | Yes |
| Offset account : | Yes |
| Top up facility : | Yes |
| Establishment fee : | $250 |
| Administration fee : | $150 pa |
| Redraw fee : | $0 |
| Early repayment fee : | 0 |
How much would my repayments be?
You will need to adjust the interest rate using the slider tool to provide an indication of results.
