Interest Only
Ideal for investment property buyers, or to assist with interim finance pending sale of property (ies), our Interest Only Loan is just as the title implies. The required monthly repayments is only the interest amount on your loan, which provides you with availble funds for other financial goals.
Features
Competitive variable rate
No annual or monthly service fees
Interest only repayments
Offset Facility | |
Redraw Facility | |
Payment Frequency Options 1 | |
Interest Only Option | |
Fixed Rate Option |
Minimum Amount | $20,000 |
Maximum Term | 5 years |
Branch | |
Online Banking | |
Direct Credits | |
Periodic Payments (cr) | |
Bank@Post (cr) | |
Cheque Book | |
ATM | |
eftpos | |
Direct Debits | |
BPAY |
Application Fee | |
Annual Fee | |
Break cost for fixed rate | na |
Please click here to read the Target Market Determination for an Interest only Home Loan – Investment – Variable Rate.
Please click here to read the Target Market Determination for an Interest only Home Loan – Investment – Fixed Rate.
Please click here to read the Target Market Determination for an Interest only Home Loan – Owner Occupied – Variable Rate.
Please click here to read the Target Market Determination for an Interest only Home Loan – Owner Occupied – Fixed Rate.
Toolkit
View Rates | Home Loan Key Fact Sheet | MoneySmart Budget Planner
Loan Application | Offset Facility Application | Compare Loan Accounts
Things you should know
Applications are subject to Dnister credit assessment criteria. Terms and conditions, including fees and charges, apply. Full details are available on application. The information contained on this website is subject to change without notice
1Weekly, fortnightly or monthly repayment options. Subject to satisfying the minimum monthly repayment commitment detailed in the Offer and Loan Contract.
General Advice Warning: In providing you with this information, you should consider the appropriateness of this product or service with regard to your particular financial situation and needs. We advise that you carefully read our Product Disclosure Statement and associated Disclosure Documents before acquiring a product.