Fixed Rate Home Loan - BMC - 5 year fixed

Comparison Rate	7.30%
Amount	$200,000
Term	30 years
Initial Payment Est.	$1,552.02
Monthly Payment Est.	$1,271.56
Total Amount Paid Est.	$475,270
Establishment Fee	$550.00

8.60%

Target Market
Purchase or Refinance of residential real estate.

Acceptable Income
Applicants with default considered on a case by case basis. If self employment 2 years of financials, and Tax Assessment required, ,
Approvals subject to PMI & Genworth criteria. (Average Affordability Ratio used being UMI of $1)

Home Loan Loan Term
10, 15, 25 and 30 years

Home Loan Loan Size
Minimum: $50,000 ,
Maximum: $2,000,000

Home Loan Repayment Type
Variable or Fixed ,
Variable Principal & Interest ,
Variable Interest Only for first 5 years, then variable Principal and Interest for the remainder of the term ,
Fixed Rates not available for Construction.

Repayment Options
Monthly available - Fixed or Variable ,
Fortnightly - Variable rate only

Extra Repayments
Variable loan principal reductions no penalty (In multiples of $250.00) ,
Fixed rate: Up to $10,000 can be repaid early in any 12 month period without the imposition of break costs. ,
Discharge whilst a variable rate applies ,
Early Repayment Fee 1.25% of the principal sum will apply in the first three years of the loan, 0.5% in year 4 and 0.25% in year 5. ,
,
Fixed Rates. The borrower will be required to compensate the lender by paying breakcosts.

Split Loan Facility
Not available during the construction period.

Offset
Any additional payments off set 100% against the outstanding balance and can be redrawn as required

Redraw Facility
Redraw facility is standard on this product, with the exception of fixed rate. ,
There is no differential pricing if the borrower selects redraw. ,
Redraw is available on owner occupied and investment loans. ,
Borrowers can redraw any additional principal repayments made above the minimum monthly payment. ,
The minimum redraw amount is $2,500 ,
No fees apply for redraw.

LVR for Fixed Rate Home Loan - BMC - 5 year fixed

90% - For purchase of existing properties, construction of new homes ,
90% - For Investment & Re-finance loan

Fees for Fixed Rate Home Loan - BMC - 5 year fixed

Owner Occupied & Investment Establishment $550 ,
Construction Establishment $750 ,
The above fee includes the base legal fee and one valuation fee. ,
If there is more than one property to be valued a fee of $250 per additional property will be payable. (NB. If the property value exceeds $300,000; a quote should be obtained for the valuation cost.) ,
Legal disbursements will be additional and will be deducted at settlement. ,
Additional legal costs will apply as follows: ,
Additional Security Property - $250 per property ,
Guarantee - $100 per guarantee ,
Companies/Trusts - $100 ,
Discharge Prior to Maturity ,
Fixed rates break costs will apply