First Home Buyer Variable Special
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Are you looking for your first home? Take advantage of our low discounted rate based on your LVR (Loan to Value Ratio). Different interest rates will apply according to your LVR plus additional benefits listed below.
For LVR of 70% and below, variable interest rate is 2.28%p.a.1 and What is LVR?LVR stands for Loan to Value Ratio. LVR is a commonly used acronym in the mortgage and property industry, but what does it mean or how does it apply to home purchases? LVR is the percentage of money you borrow for a home loan compared to the value of the property. Useful Links |
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Credit eligibility criteria, terms and conditions, fees and charges apply.
1. Only available for First Home Buyers. Minimum home loan balance $150,000. Not available for top-ups or internal product switches. Loan to Value Ratio (LVR), is the ratio of money you borrow compared to the value of the property used as security, as determined by the Bank.
2. Comparison Rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. WARNING: These Comparison Rates are 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 rates are on a per annum basis.
