Fixed Rate Home Loan - ANZ - 2 yr fixed

Comparison Rate	6.60%
Amount	$200,000
Term	30 years
Initial Payment Est.	$1,376.58
Monthly Payment Est.	$1,244.56
Total Amount Paid Est.	$455,568
Establishment Fee	$600.00

7.34%

Target Market
Owner Occupier or Investment purposes ,
Purchase existing residential property. ,
Finance of holiday homes (residential properties for use by borrower or family but not as their prime residence) from which they will not earn any income. ,
Refinance existing loans

Acceptable Income
Full Docs: Self employed applicants to provided returns for last year (must have been self employed for atleast 2 years), Salary and wage earner. ,
Lo Doc 60: ANZ may accept the customers signed Statement of Position as sufficient evidence of income without the requirement to provide supporting documents. ANZ will confirm employment for PAYG customers who have not been with ANZ for 12 months and will complete an ABN/ACN search for self employed customers.

Home Loan Loan Term
Up to 30 years.
1, 2, 3, 4, 5, 7 or 10 years up to overall term of 30 years.
Principal and Interest or interest only up to 10 years.

Home Loan Loan Size
Minimum: $50,000 ,
Lo Doc 60 Total Consumer Limit - $2.5M, Maximum individual loan size lending $2.5M

Home Loan Repayment Type
Principal & Interest & Interest Only maximum 10 years ,
Where repayments are Interest Only the interest must be debited into a nominated ANZ Cheque or Access Account - not the loan account. The fixed term and the interest only term must also match. ,
First (Principal and Interest) repayment will commence one week, fortnight or month after the loan is fully drawn as appropriate.

Repayment Options
Weekly, fortnightly or monthly by deposit book, periodic payment or salary deduction. ,
Intererst Only monthly payments only must be debited from a ANZ account.

Extra Repayments
Prepayment cost or benefit applies for principal reductions and/or full repayment during the fixed rate term. ,
5% of the loan to a maximum of $5k reduction allowed per year.

Split Loan Facility
Yes Split Loans/Combination Home Loan Package $600 for first loan ,
$200 for each subsequent loan

Offset
ANZ One (conditions apply). only on 1 year Fixed. ,
ANZ One - No Minimum only on 1 year fixed.

Redraw Facility
Not applicable

LVR for Fixed Rate Home Loan - ANZ - 2 yr fixed

Up to 90% for purchase of new/existing owner occupied property ,
Up to 90% for construction properties ,
Up to 90% for Vacant Land ,
Up to 90% if refinance of existing property. ,
Over $1M subject to security location & and maximum LVR allowable. ,
Up to 75% for properties greater than 2 Million ,
Lo Doc Max LVR 60%

Fees for Fixed Rate Home Loan - ANZ - 2 yr fixed

Loan Approval Fee: $600 - Waiver of one Valuation Administration Fee applies where full Loan Approval Fee of $600 is paid. Second and subsequent valuations will incur the $150 fee. ,
Valuation Administration Fee $150 . VAF not applicable if Contract of Sale used (in line with ANZ Valuation policy) or for Progress Inspections. ,
Valuation type determined by on-line valuation order or ANZ Toolkit ,
Progress Payment Fee $250 (Total) ,
Early Repayment Fee: $300 + Cost/Benefit ,
Loan Administration Charge: $10 ,
Account Keeping Fees: Nil ,
Switch Fees: $350 ,
Lock Rate Fee $750 ,
Renegotiation Fee may apply when a change is requested. Depending on the type of change requested, fee is $200 (non-credit critical) or $350 (credit critical) ,
VAF may apply if a valuation is required. ,
Guarantee Administration Fee $200 ,
Split Loans/Combination Home Loan Package $600 for first loan ,
$200 for each subsequent loan ,
Repayment Holiday Fee $60