 |
FIGHTBACK LOAN - MULTI-AWARD WINNING
Ratebusters award winning, Mortgage of the Year product. A fully transactional
account including ATM access to funds Australia wide. PLUS MINIMAL LOAN APPLICATION
SETUP COSTS.
|
| Variable Interest Rate |
6.43% effective for new business from 16/04/10 |
| Comparison Rate |
6.45%** |
| Application Fee |
$0.00 |
| Document Preparation
Fee |
$275.00 |
| Valuation Fee |
$236.50
(metro) |
| Lenders Processing Fee |
Nil |
Allowance
to cover Solicitor Costs
(unacertainable, but allow say) |
$350.00 |
| Annual Fee (collected
in advance) |
$0.00 |
| Monthly Service
Fee |
$0.00 |
| Redraw Fee |
No |
 |
Minimum Redraw Amount |
|
No
minimum
(eg. $1) |
| Split loan account
available |
Yes (up to 4 splits) |
| Split loan fee |
No
if option taken at original loan application |
| Offset Account |
Yes |
| ATM Access (Any
ATM) |
Yes
(first 5 free via Westpac, St George/Bank SA or CueCard ATM's) |
| Eftpos |
Yes |
| Cheque Book |
Yes
(on offset) |
| Fixed rate available |
Yes (1-5 years) |
| Fee to Fix |
$260 |
| Additional Repayments
Allowed |
Yes |
 |
via Deposit book |
|
Yes
(to Offset) |
 |
via BPay |
|
No |
 |
via our internet |
|
No |
 |
via direct credit (eg dividend, or from another bank's
internet) |
|
Yes |
| Biller payment |
Yes |
| Repayment by
Bpay |
No |
| Direct Debit |
Yes |
| Telephone Banking |
Yes |
Internet Banking
(See bottom of table for internet banking functions) |
Yes |
| Salary crediting |
Yes |
| Interest Only
available |
Yes (10 yrs only) |
| Owner Occupier |
Yes |
| Construction
Loan |
No |
| Investment |
Yes |
| Term of Loan |
30
years |
| Loan Amount |
Minimum
$80,000 Maximum
$750,000 |
| LVR |
Up to 80% (for up to 90% loans click here for our Maxi 90 product) |
| Lenders Mortgage
Insurance (LMI) |
Mandatory
for all loans with lender paying premium up to 80% LVR (and loan ≤ $600k) |
| Security |
1st registered mortgage
over residential property |
| Vacant Land as
security |
Yes |
| Repayment frequency |
- |
 |
Weekly |
|
Yes
(Monthly amount divided by 4) |
 |
Fortnightly |
|
Yes
(Monthly amount divided by 2) |
 |
Twice Monthly |
|
No |
 |
Monthly |
|
Yes |
Early Repayment
Fee
(refer brochure) |
Yes
(First 5 years) |
| Security Substitution
Allowed |
Yes (Must be simultaneous) |
|
| Internet Access (This section refers to functions available online) |
Yes |
 |
Internet Redraw |
|
Yes (24 hour processing) |
 |
Pay anyone |
|
Yes
(must be prenominated) |
 |
Maximum redraw via internet |
|
$5,000.00 |
 |
Online statements |
|
Transaction
list only. Can order statements |
 |
Bpay/Biller payment |
|
Yes |
 |
Change frequency/Amount of repayments |
|
No |
 |
Draw Additional payments from nominated outside bank
account |
|
No |
 |
Change Direct Debit details |
|
No |
 |
Change personal details |
|
No |
 |
Reset Password |
|
Yes |
 |
Confirm repayment details |
|
No |
| Want
even more information? |
Refer to our Features & Benefits
sheets, that provide further explanation on features & benefits,
transaction & other costs, construction loan requirements, early
repayment fees etc (links below)
Click here for Fightback/Maxi 90 brochure
|
|