House Basic Home Loan
The House Basic home loan suits borrowers whose main priorities are to find the cheapest interest rate for their mortgage and do not have any ongoing fees for the life of the home loan.
House Basic Home Loan
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Budget interest rate of just:
6.40% p.a. (comparison
rate
6.43% p.a.)
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Suitable for home loan amounts between $50,000.00
and $600,000.00
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Borrow up to
60%
of the property's value
- Up to 30 years loan terms
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No recurring fees for the life of the home loan
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Free home loan application and valuation for a limited time (save over $300)
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The Comparison Rate for each of the home loan products contained in this page is based on a loan of $150,000 over a 25 year term. Fees and charges may be payable.WARNING: The 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.
Features
The House Basic home loan includes the following features:
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Portability - allowing you to take your mortgage with you saving in exit
fees, deferred establishment fees and mortgage stamp duty
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24/7 internet access to your home loan account
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Unlimited free redraw facility
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Mortgage interest calculated daily and charged monthly
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Same day redraw for quick access to your funds
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1 free split
Options
Available options on the Mortgage House House Basic Home Loan include:
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Fixed interest rate
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Variable interest rate
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Split home loan
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Principal and Interest home loan repayments
Suitability
This House Basic home loan is suitable for:
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First home buyers and next home buyers looking for one of the cheapest interest
rates and no ongoing fees for the life of the home loan
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Homeowners wanting to refinance their current home loan and looking for a
very low interest rate
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Customers looking to refinance their mortgage with the purpose of debt
consolidation of items such as store cards, credit cards or personal loans
Access
The House Basic home loan allows you to access your funds in the following ways:
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Unlimited free internet redraws (to nominated account)
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Pay-Anyone - EFT (money directly out of your home loan)
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Same day redraw (telegraphic transfer)
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Electronic link to nominated accounts
Repayments
The House Basic Home Loan offers the following mortgage repayment methods:
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Direct credit - available to any 3rd party institution
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Direct salary crediting - you can have all or part of your pay directly
deposited into your home loan account weekly, fortnightly or monthly
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Unlimited free direct debit - borrowers can have their home loan repayment
drawn from a nominated bank account weekly, fortnightly or monthly
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Bpay In (money directly credited to your home loan)
Where to go from here:
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