Professional Package Home Loan - BankWest - Lite Plus Home Loan >$250K<$1M

Comparison Rate	6.21%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,196.53
Total Amount Paid Est.	$441,720
Establishment Fee	$0.00

5.98%

Target Market
The BankWest Lite Plus Home Loan offers customers a discounted interest rate.

Acceptable Income
Self Employed applicants to provide last 2 years financials, Salary and Standard wage earners. Rental income. Dividends from shares and long term deposits.

Home Loan Loan Term
1 Year to a maximum of 30 years.

Home Loan Loan Size
Minimum Loan Amount $250K ,
Loans above $1mil to $1.5mil LVR 90% - must have multiple security ,
Loan Types Principal & Interest Equity Line component limited to $750K

Home Loan Repayment Type
Principal & Interest ,
10 years interest only available

Repayment Options
Monthly, Fortnightly or weekly ,
Interest Only Loan repayments only be made monthly ,
Additional lump sum repayments at any time.

Extra Repayments
Additional repayments permitted ,
Early payout: NIL

Split Loan Facility
Available must be min of $70k. ,
Split Loan Maintenance Fee Nil, conditions applicable. Minimum Lite Plus loan amount $20K plus Fixed Product

Offset
100% Offset with the Lite Direct Account

Redraw Facility
Available. Complete the Home Loan Access Form and fax to BankWest, actioned within 2 days free of charge. ,
Home Loan Access (over the counter) minimum $1,000.00 per transaction - $50 per time. .

LVR for Professional Package Home Loan - BankWest - Lite Plus Home Loan >$250K<$1M

Owner Occupied LVR 90% (can capitalize MI on O/O established dwellings) ,
Investment LVR 90% ,
Construction LVR 90% ,
Refinance Max 90% LVR (Existing Bankwest customers may go higher - assesed case by case) ,
Land LVR 90% ,
Debt Consolidation LVR 90%

Fees for Professional Package Home Loan - BankWest - Lite Plus Home Loan >$250K<$1M

Annual fee of $360.00 ,
One free lite direct transaction account compulsory account with this package which the annual fee will be debited to. ,
One BankWest Credit Card with no annual charge ,
No personal loan application fees ,
All future application fees on personal home loans waived ,
All loan maintenance fees on existing and new borrowing waived (with exception of Affinity, Equity Line and Gold Equity Line products) ,
20% discount on BankWest conveyancing ,
Loan Maintenance Fee NIL ,
Progress payments $80 regardless of loan amount will now be required at Assessment, Plate height, Lock-up and Final Payment ,
Valuation Fee If the valuation fee is above $200 or if the customers legal costs are above $300 the customer will be required to pay the additional costs ,
Discharge Mortgage Fee Doc Prep $300 ,
Discharge Mortgage Settlement Attendance Fee $300 ,
Company / Trust Fee $300 ,
Rework fee $100 to be charged when a customer initiates a change to the terms of their application after Loan documents have been issued. ,
Express Courier Fee $7.87 (payable for all non WA Based Housing Loan) ,
Legal Disbursement Fee $60 applicable to East Coast Only ,
No DEF is applicable