Premium Choice Home Loan, 2 years – Special Fixed Rate Offer

2 year fixed rate, starting with a 2!

Wouldn’t it be nice to be able to fix your home loan at a great low rate and know that your repayments are secure for the next two years? Imagine that same loan, loaded with features that allows you to use your savings to offset the interest charged… Too good to be true with the current interest rate rises? Not with our Premium Choice 2 Year special fixed rate offer.

PRODUCT FEATURES & INFORMATION

Applicable for both Owner Occupied Home Loan and Investment Home Loan purposes:

  • 100% Offset Facility
  • No monthly loan fees
  • Additional repayments available*
  • Flexible repayment options: weekly, fortnightly or monthly
  • Maximum Loan Term 30 years
  • Minimum loan amount – $200,000
  • Available to Individuals, Companies or Trusts on new funds
  • Refinance available on new funds of $200,000 or higher
  • Optional Fixed Rate Lock fee**
  • Application fee:
    • $500 – LVR <= 80%
    • $600 – LVR >80%

Owner Occupied:

2 Year Fixed Rate2.89%p.a.
Comparison Rate4.21%p.a.¹

Additional information:
• Maximum Loan amount: 95% of the property value²
• Available for Principle & Interest, or Interest only options – margin of 0.50% applies^

Investment:

2 Year Fixed Rate2.89%p.a.
Comparison Rate4.59%p.a.¹

Additional Information
• Maximum Loan amount: 90% of the property value²
• Available for Principle & Interest, or Interest only options – margin of 0.30% applies^^

Target Market Determinations, Fees & Charges and Conditions Of Use.

Loan Calculator

Work out how much
you may be able to borrow.

Get Approval

Documentation you should bring to your appointment.

Insurance

Organise your
Home & Contents or Landlords Insurance.

Credit eligibility criteria, terms and conditions, fees and charges apply. The Capricornian Ltd. ABN 54 087 650 940. AFSL/Australian Credit Licence 246780.

The information is current as at Monday 9 May 2022 and this offer may be varied or withdrawn at any time.

*Additional repayments up to $9,999.99 without penalty in any twelve (12) month period.

**Fixed Rate Lock Fee allows you to secure a guaranteed fixed interest rate to protect you against potential interest rate
increases that may occur during the settlement period of your loan. Fee is the greater of 0.15% of the amount of credit or $395 where funding is more than 60 days from the date of the Offer and Loan Contract.

¹This 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. Interest rate will be based on a number of factors, including the information provided, ability to offer acceptable security where value is more or equivalent to the value of the loan and the assessment of the application.

²Lenders Mortgage Insurance (LMI) is required where the loan is greater than 80% of the value of the security property. This may vary based on the size and location of the property.

^A margin of 0.50% will apply to interest only fixed rate loans. Lenders Mortgage Insurance (LMI) is required for Interest Only loans where the loan is greater than 78% of the value of the security property.
^^A margin of 0.30% will apply to interest only fixed rate loans. Lenders Mortgage Insurance (LMI) is required for Interest Only loans where the loan is greater than 78% of the value of the security property.

At conclusion of the fixed rate period, the loan converts to the Premium Choice Home Loan Variable Rate applicable to the loan amount at funding. See Premium Choice Home Loan, Owner Occupied or Premium Choice Investment Loan.

Consider the relevant Target Market Determination (TMD).