Variable Rate Home Loan - Heritage - Premium Variable

Comparison Rate	6.11%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,213.28
Total Amount Paid Est.	$436,680
Establishment Fee	$0.00

6.11%

Target Market
To purchase property for Owner Occupier, Investment purposes and Refinance for any worthwhile purpose. ,
Construction, extension or renovation of a residential property, ,
Purchase vacant land. ,
Consolidation

Acceptable Income
Self Employed, Salary & Wage earners ,
Rental income 75% of gross rental allowable as income (60% high rise 0% inner city apartments)

Home Loan Loan Term
Up to 30 years

Home Loan Loan Size
Minimum: $20K ,
Maximum unlimited (Refer BDM for loans over $750k)

Home Loan Repayment Type
Owner Occupied - Principal & Interest ,
Investment Principal & Interest or Interest Only (Maximum: 5 years)

Repayment Options
Weekly (Monthly /4), Fortnightly (Monthly /2) or Monthly payments ,
Ability to skip repayments if additional repayments have been made ,
Can vary payments ,
Can change due date (within reason and with Credit approval) ,
Can change term of loan

Extra Repayments
Unlimited

Split Loan Facility
Yes

Offset
Yes - 100% daily offset (minimum balance of $500)

Redraw Facility
Free Unlimited redraw

LVR for Variable Rate Home Loan - Heritage - Premium Variable

Existing customers - Max LVR 95% inc LMI that have opened an account prior to 17.03/09 and qualify for the FHOG. ,
New customers - Max LVR 90% inc LMI ,
Construction 90% including LMI ,
Vacant Land: 90% including LMI ,
Refinance: 90% including LMI ,
Investment 90%including LMI ,
Consolidation: 85% plus LMI maximum of 4 debts

Fees for Variable Rate Home Loan - Heritage - Premium Variable

Establishment Fee Nil, The Society will cover the First security valuation if required to a maximum amount of $330). ,
Additional valuations are $205min. (maybe higher depending upon Property Valuation Figure) ,
Construction progress inspection fee $110 per inspection plus mileage if applicable ,
Monthly Administration Fee Nil ,
Deferred Establishment Fee $0 to $600 if repaid within three years of initial funding, on a pro-rata basis. ,
Early Repayment Penalty if repaid within 3 years of the latter of initial funding or most recent free further advance. ,
Owner Occupied: $800. ,
Investment: 1 months Interest. ,
Further Advance Fee: One free per annum. Free further advances are not cumulative. A further advance is free if it has been at least one year since the most recent free further advance. ,
Switch Fee $100-$600 depending upon product being switch to. Investment Interest Only Loans - can not be switched or refixed, application is to be rewritten/renegotiated. ,
Build Loan Progress Draw Fee - $50 fee payable at each drawdown will be charged at the time of each draw. ,
Trust / Company Loan $250 additional to the application fee to partially offset solicitors charges where documents are outsourced ,
Multiple Securities Additional fee of $100 charged when there is a second or subsequent security for a loan and the security is in the same state ,
Additional fee of $150 charged where there is a second or subsequent security for a loan and the security is from a different state. ,
Settlement Fees on Purchase/Refinance: ,
Agent’s Settlement Fee $0-$250 (Varies from State to State) ,
Finalisation Fee $200 (Payout of loan). ,
Telegraphic Transfer Fee $0 - $35 Max.