Basic Home Loan - Police and Nurse Credit Society - Easypay Home Loan

Comparison Rate	6.13%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,202.96
Total Amount Paid Est.	$435,698
Establishment Fee	$818.00

6.03%

Target Market
A home loan with a low variable interest rate, with an option of an offset account for owner occupiers.

Acceptable Income
Full Time, Permanent Part Time, Family Allowance A & B, Age Pension. Please refer to the Income and Debt to Servicing Ratios provided by Police and Nurses in the Lender Manuals.

Home Loan Loan Term
40 Years.
Interest only Maximum 5 years.

Home Loan Loan Size
Minimum. ,
30 years loan term $20K. ,
40 years loan term $150K. ,
Maximum. ,
30 years loan term Subject to credit policy. ,
40 years loan term $1 million.

Home Loan Repayment Type
This discounted rate shown is only received if the borrower pays via electronic payroll, direct debit or periodical payment. If these payment methods are not used, a higher rate will apply. ,
,
L80 Easypay Home Loan Owner Occupier (P&I), Code. ,
L82 Easypay Home Loan Owner Occupier (Interest Only), Code. ,
L81 Easypay Home Loan Investment (Interest Only), Non-code.

Repayment Options
Weekly fortnightly or monthly.

Extra Repayments
Additional repayments are allowed.

Split Loan Facility
Not applicable.

Offset
Available on P&I Owner Occupier loans.

Redraw Facility
Yes . Minimum $2K.

LVR for Basic Home Loan - Police and Nurse Credit Society - Easypay Home Loan

Owner Occupier Maximum LVR 95% plus capped LMI ,
Investment Maximum LVR 95%. ,
Construction Maximum LVR 95% plus capped LMI ,
Refinance Maximum LVR 90%. ,
,
Owner occupier 30 years - maximum LVR 95% plus capped LMI. ,
40 years maximum LVR 95% plus capped premium. ,
Residential investment. ,
30 years maximum LVR 95% plus capped premium. ,
Vacant Land Maximum 95%. ,
Subject to relevant lending guidelines for insurers.

Fees for Basic Home Loan - Police and Nurse Credit Society - Easypay Home Loan

Fees are added to loan amount ,
Establishment fee $650 (metro <$1m) ,
Establishment fee $880 (metro >$1m on non metro property) ,
Monthly fee applies only when there is no offset $5, with offset $8 ,
Settlement Fee $168 ($110 registration of mortgage (varies per state), title search $32 and title search admin fee $26) ,
Establishment Fee plus Settlement Fee is shown as Establishment Fee ,
Documentation Fee $500 (not including WA) - shown as Preparation Fee ,
A Deferred Establishment Fee of $1500 is payable if 75% or more of the amount of loan is repaid within 3 years of the establishment of the loan ,
Valuation Fee is covered in the Establishment/Application Fee. Any additional valuation fees are charged as below: ,
Metro: ,
Property value $0 - $1M - $210 ,
Property value $1M+ - $440 ,
Property value $1.5M+ - at cost ,
Non Metro: ,
Property value $0 - $1M - $440 ,
Property value $1M+ - at cost ,
Product Change $410. ,
Opening any Savings Account or Lending Product required to purchase a $10 share per member/person