Line of Credit Home Loan - Police and Nurse Credit Society - Equity Access

Comparison Rate	6.71%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,276.00
Total Amount Paid Est.	$463,058
Establishment Fee	$818.00

6.59%

Target Market
A flexible mortgage secured overdraft facility with full transactional capability.

Acceptable Income
Self Employed, 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
Maximum loan term 30 years

Home Loan Loan Size
Maximum Loan subject to credit policy.

Home Loan Repayment Type
Interest Only.

Repayment Options
Weekly, Fortnightly or monthly.

Extra Repayments
Extra repayments permitted.

Split Loan Facility
Available.

Offset
Not Applicable.

Redraw Facility
No but can draw up to limit at any time.

LVR for Line of Credit Home Loan - Police and Nurse Credit Society - Equity Access

Owner Occupier Maximum LVR 90%. ,
Investment 90%. ,
Construction Maximum N/A refer to lender if low LVR. ,
Refinance Maximum LVR 90%. ,
Land Maximum LVR 90%.

Fees for Line of Credit Home Loan - Police and Nurse Credit Society - Equity Access

Fees are added to loan amount ,
Establishment fee $650 (metro <$1m) ,
Establishment fee $880 (metro >$1m on non metro property) ,
Monthly account keeping fee $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 ,
Increase fee $410. ,
Fee Free transactions. ,
Opening any Savings Account or Lending Product required to purchase a $10 share per member/person.