Ratesonline.com.au
Print This Page

Line of Credit Home Loan - Suncorp - Asset Line

Suncorp
Comparison Rate 6.16%
Amount $200,000
Term 30 years
Monthly Payment Est. $1,205.54
Total Amount Paid Est. $438,360
Establishment Fee $600.00

6.05%

Enquire
 

Target Market
Allows the borrower access to funds from $10K up to an agreed credit limit. Access is by way of cheque book and electronic access. There are no regular repayments, with interest charged only on the funds used by the borrower. This product can be used for Personal Purposes or Investment Purpose not for Business Purposes.

Acceptable Income
As per policy guidelines.

Home Loan Loan Term
30 Years.

Home Loan Loan Size
Minimum: $10K. ,
Maximum: Unlimited.


Home Loan Repayment Type
Interest only (Interest is capitalised). ,
Principal Reductions allowed.

Repayment Options
Weekly, Fortnightly, Repayment frequency not required while the balance remains below the approved limit. ,
Interest Only when fully drawn.

Extra Repayments
Unlimited.


Split Loan Facility
Yes.

Offset
Not available.

Redraw Facility
Direct from Asset Line account.


LVR for Line of Credit Home Loan - Suncorp - Asset Line

Please note that a Loan to Value Margin will apply where the LVR is =>90%. ,
Owner Occupier Maximum LVR 90% ,
Investment Maximum LVR 90% ,
Construction N/A ,
Refinance Maximum LVR 90% ,
Vacant Land N/A


Fees for Line of Credit Home Loan - Suncorp - Asset Line

Establishment Fee $600. ,
Additional Valuation Fee $160 ,
Add Loan Establishment Fee:$300. ,
Monthly Account Keeping Fee $10 per month. ,
10 free standard free transactions a month then 60c each withdrawals/deposits/collections. ,
Establishment fee includes all Valuations and Legal Fees. ,
Split Loan Fee $200

 

Line of Credit Home Loan

* * *
* * * Secured with 256 bit SSL encryption
*
 

 
The comparison rate applies only to $200,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.

This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.

The information provided in this website is a guide only and may not be complete for your purposes. Ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.