Line of Credit Home Loan - BMC - Line Of Credit

Comparison Rate	6.67%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,282.61
Total Amount Paid Est.	$462,540
Establishment Fee	$660.00

6.64%

Target Market
Available for any personal purpose. Up to 25% of total loan can be used for business. Owner occupied or investment.

Acceptable Income
Standard PAYG requirements or 2 years finacials for Self Employed.

Home Loan Loan Term
Ongoing

Home Loan Loan Size
Minimum $50K ,
Maximum $2M

Home Loan Repayment Type
Variable Principal and Interest

Repayment Options
Minimum monthly repayments of interest & charges or $10.00, whichever is the greater.

Extra Repayments
Permitted

Split Loan Facility
Can be spilt in conjunction with Premium Choice home loan.

Offset
Yes 100%.

Redraw Facility
Unlimited redraw via BMC or using Debit Card through ATM’s, EPTPOS, or INTERNET First 6 transactions via ATM free thereafter $1.50 per transaction. ,
Cheque book, phone & internet banking available.

LVR for Line of Credit Home Loan - BMC - Line Of Credit

Owner Occupied Maximum LVR 90 % ,
Investment Maximum LVR 90% ,
Construction Maximum LVR N/A ,
Refinance Maximum LVR 90% ,
Vacant Land Maximum LVR N/A ,
Debt Consolidation Maximum LVR 90%

Fees for Line of Credit Home Loan - BMC - Line Of Credit

Application Fee $660 (includes valuation and base legal fee). ,
Book keeping Nil ,
Additional Valuation $250 ,
Addition Legal costs ,
Additional Security Property: $100 per property ,
Guarantee:$100 per guarantee ,
Companies / Trusts:$100 ,
Discharge Prior to Maturity whilst a variable rate applies 1.25% of the principal sum will apply in the first three years of the loan, 0.50% in year 4 and 0.25% in year 5.