Fixed Rate Home Loan - Adelaide Bank - 5 yr fixed SmartFix

Comparison Rate	6.82%
Amount	$200,000
Term	30 years
Initial Payment Est.	$1,466.14
Monthly Payment Est.	$1,212.21
Total Amount Paid Est.	$455,160
Establishment Fee	$0.00

7.99%

Target Market
SmartFix rate option provides investors and homebuyers with the security of knowing how much interest is payable during the fixed period, with: ,
- interest rates fixed for 3 and 5 years ,
- the option to repay up to $20,000 extra per year during the fixed period and free electronic redraw, without penalty ,
- 3 and 5 year products both roll to the variable SmartFit rate after the fixed period unless refixing is requested ,
With a SmartSuite Home Loan, funds in the offset balance can be accessed through ATMs, Online Banking, Express Line and other standard means.

Acceptable Income
Self Employed or PAYG (as per lending guidelines)

Home Loan Loan Term
Minimum 5 years
Maximum 30 years

Home Loan Loan Size
Minimum loan amount $10K ,
No Maximum (may be restricted by LMI)

Home Loan Repayment Type
Principal and Interest or Interest Only. ,
Interest Only for up to 10 years ,
3 Year SmartFix or 5 Year SmartFix (for interest only loans, the fixed rate term must not exceed the length of the interest only period).

Repayment Options
Weekly, fortnightly or monthly repayments, (principal and interest) ,
Monthly repayments (interest only) ,
Payments automatically debit from the offset balance

Extra Repayments
Variable rate - Additional repayments may be made at any time without penalty. ,
Fixed rate - Maximum of $20,000 per annum in excess of normal repayments is permitted, after which break costs may apply. Funds can be transferred to from the offset balance to the loan portion via online banking. ,
There is no maximum deposit limit for the offset portion

Split Loan Facility
Split your loan into fixed or variable portions ,
An additional $100 loan application fee applies per split

Offset
Yes, 100% offset on both fixed and variable rates

Redraw Facility
Free online/phone banking redraws. Manual redraw requests - $50. ,
Minimum redraw amount $500

LVR for Fixed Rate Home Loan - Adelaide Bank - 5 yr fixed SmartFix

Owner Occupier Maximum LVR 90% plus capitalised LMI ,
Investment Maximum LVR 90% plus capitalised LMI. ,
Refinancing Maximum LVR 90% plus capitalised LMI ,
Construction Maximum LVR N/A

Fees for Fixed Rate Home Loan - Adelaide Bank - 5 yr fixed SmartFix

Application fee: $595 (Additional $200 will apply for Go-Between loans). ,
(Nil Application Fee Offer available from 6th October - refer to Special Offers for details) ,
Monthly Administration fee: $10 per month charged to the loan in arrears on the anniversary of the loan. ,
Settlement fee: $100 (Fee displayed as Mortgage Preparation) ,
Funds Disbursement fee: $15 ,
Loan Variation fee: $350 ,
Split Loan fee: $100 ,
Redraw fee Electronic redraw: nil fee. Manual redraw fee $50. ,
Deferred Establishment fee: ,
0 - 12 months 0.70% of loan amount as at contract date ,
13 - 24 months 0.53% of loan amount as at contract date ,
25 - 36 months 0.35% of loan amount as at contract date ,
37 - 48 months 0.18% of loan amount as at contract date ,
Discharge Admin fee $325 ,
Break Costs fees may be payable in certain circumstances, refer to lender for further details.