No Frills Owner Occupied Home Loan
3.39 % p.a1
3.59 % p.a1
3.79 % p.a1
1 An interest rate margin may apply based on the size and location of the security property
2Lenders Mortgage Insurance is required where the loan is greater than 80% of the security property. This may vary based on the size and location of the property.
* This comparison rate is based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
As we grow our needs change. When making your biggest financial decision, trust a local with foundations built over sixty years. Get a head start with the No Frills Owner Occupied Home Loan, which offers a low interest rate and flexibility. We want to make buying your own home a smooth and easy experience.
Features and Benefits:
- Available to those looking at purchasing a home or those looking to refinance from another lender
- Additional repayments without penalty
- Free online and mobile banking redraws
- Interest only option available – margin of 0.50% applies#
|Available to||Individuals, Companies and Trusts|
|Construction Loan||Not Available|
|Minimum loan amount||$150,000|
|Maximum loan amount||90% of the property value plus2 Lenders Mortgage Insurance Premium|
|Loan Period||Up to 30 years|
|Repayments||Monthly / Fortnightly / Weekly|
|Additional Repayments||Yes without penalty|
|Application Fee||$500 – LVR <=80%|
$600 – LVR >80%
|Mortgage Offset Account||No|
|Loan Repayment Insurance||Available|
|Eligibility||New Loans Only or existing borrowers who apply for an increase in their home loan of $150,000 or more.|
Lending criteria, terms and conditions, fees and charges apply. The Capricornian reserves the right to withdraw or alter this offer at any time.
#Lenders Mortgage Insurance is required when the loan is greater than 78% of the value of the security property.