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Wednesday, 19 August 2015 00:00

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Interest Only - Owner Occupied

Minimise your regular mortgage repayments with our Interest Only Home Loan for owner occupiers.

3.49% pa1 3.49% pa2
Apply Online Make an Enquiry 1800 10 10 63

For new owner occupier loans with 2 year interest only period, min $300k and ≤80% LVR1
For a limited time only, pay no application or valuation fees4

Need relief from the sting of mortgage repayments? Get fast approval on a 2-year interest only owner occupied home loan of $300,000 or more. Check out our campaign here.

    • Interest only repayments available for 2 years
    • Available for owner occupied loans over $300K
    • Great rate available for investors too
    • Fast loan approval
    • Redraw facility available2
    • 20% minimum deposit/home equity required
    • Suitable for construction loans, bridging finance & customers seeking to make temporary (2 year) reductions to their loan repayments

     

     

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Interest Only Owner Occupied Home Loan
Product Information
Variable Interest Rate3.49% pa1
Comparison Rate3.49% pa2
Minimum Amount$300,000 
Interest Only Period 2 yrs
Max LVR80%
Repayment FrequencyMonthly, Fortnightly, Weekly
Interest ChargesCalculated daily, charged monthly
Variable and Lump Sum RepaymentsYes 
Auto RepaymentsYes 
Additional Repayments AcceptedYes 
1st Home Buyers EligibleYes 
Repayment Holiday OptionYes 
Redraw FacilityYes 3
Offset AccountNo 
Fees and Charges
Application Fee$0 4
Establishment Fee At cost
Valuation FeeAt cost4
Monthly Fee$0 
Annual Fee$0 


 

Information correct as at date of appearance and subject to change. Normal Hunter United lending criteria, terms and conditions, fees and charges apply. New applications only. Not available for refinance of existing Hunter United loans. Full loan terms and conditions are available upon request.

1 The interest rate shown is for a new Interest Only home loans. Minimum loan size is $300,000. Different rates, lending criteria and establishment fees may apply to loans with principal and interest repayments. During an interest only period, your interest only period payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

2 The comparison rate is calculated based on a secured loan amount of $150,000 over a loan term of 25 years. Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Hunter United does not provide credit for the amount at the comparison rate shown.

3 One free online redraw is permitted each calendar month. Thereafter a $10 fee is payable for each redraw completed online or by telephone banking. A fee of $25 is payable for all staff assisted redraws.

4 Offer of $0 application fee and $0 valuation fee is available only for a limited time. Offer is not available for existing Hunter United home loans. Hunter United reserves the right to withdraw offer at any time. Other fees and charges may apply. The normal application fee is $350 and normal valuation fee is at cost to the customer. There is a limit of one free property valuation per application.