 | Variable rate loans | Line of credit | Fixed rate loans | |||
| ||||||
| Features | ||||||
| Extra repayments allowed |  | | | | Up to $15,000 during fixed rate period | Up to 20% in 1st year, 75% in 1st four years |
| 100% offset account | |  | | | | |
| SmartPay | | | | | | After 1st year |
| Interest Only | | | | | | |
| Redraw | | $50 each | | 15 free per month, then $2 each | $15,000 maximum | After 1st year |
| Portability | | $350 per move | $300 per move | $300 per move | $300 per move | $300 per move |
| Parental leave | After 18 months | After 18 months, $95 | After 18 months | | | After 18 months |
| Reduced Repayment | After 12 months | After 12 months, $95 | After 12 months | | | After 12 months |
| Repayment holiday | | $95 | | | | After 1st year |
| Top-up | | $450 each | $400 each | $400 each | | $400 after 1st year |
| Low Doc | | | | | | |
| Progress draws (for construction) | $300 covers all | $95 each | $300 covers all | | $300 covers all | $300 covers all |
| Fixed rate lock in | | | | | 0.15% of loan amount | 0.15% of loan amount |
| Card AutoPay | | | | | | |
| Fees and charges | ||||||
| Loan establishment fee (once only up-front fee) | $600 | $600 | $600 | $600 | $600 | $600 |
| Combination loan establishment fee | $600 | | $750 | $750 | $750 | |
| Annual service fee | $199 pa | | | | | |
| Loan maintenance fee | | $10 per month | $8 per month | $10 per month | $8 per month | $8 per month |
| Interest rates pa | ||||||
| Current interest rate (as at 10 November 2008) | Variable 7.71% pa1 for new business originated from 19 September 2005 | Variable 7.13% pa | Variable 7.71% pa | Variable 7.86% pa | Fixed 1 yr 7.19% pa 2 yr 7.09% pa 3 yr 7.09% pa 4 yr 7.39% pa 5 yr 7.39% pa 7 yr 7.39% pa 10 yr 7.39% pa | Fixed at 6.99% pa for first year then standard variable rate applies |
| Comparison rates pa | ||||||
| Current comparison interest rate (as at 10 November 2008) | 7.92% pa* | 7.28% pa* | 7.84% pa* | N/a | Fixed at 7.76% pa* for first year then standard variable rate applies | |
For a complete schedule of Comparison Rates, please select the comparison rate for the product you wish to view. | ||||||
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