Combination Home Loans
A home loan that provides an option of variety of products that may better suit you. The most popular combinations are a fixed rate home loan to provide you the security of knowing what your payments are and a variable home loan to give you the flexibility to pay more than the minimum requirement, re-draw and Offset capability.
Features and Benefits
Loan Purpose
• Owner Occupied Housing and investment including purchase of vacant land
• Construction
• Refinance including debt consolidation
• Personal and investment purposes
• Off the Plan purchases
Features
• Weekly, fortnightly or monthly repayments
• Repayment Redraw
• Lump sum repayments are allowed
• Portability
• Mortgage Offset facility
Benefits
• Interest calculated daily and charged monthly
• Repay your home loan off faster
• Ability to repay lump sums (limits apply)
• Structure repayments weekly, fortnightly or monthly
• Reduce monthly payments with a loan term up to 30 years
• Make additional repayments to pay off their loan sooner and save on interest
• Repayment Redraw (re-borrow payments in advance back off the home loan)
• Payment methods via Internet Banking, Telephone Banking, ATMs, EFTPOS and Branches
• Portability – move your home loan to your next home purchase
• Interest Only - make interest only payments for a period of 1, 2, 3, 5, 7, 10 or 15 years
• Repayments can be automatically deducted from any nominated banking account
At a Glance
• Minimum – $10,000
• Maximum – No Maximum
• Term – up to 30 years
• Security of monthly payment amount
• Lower/no ongoing fees
