Basic Home Loan - ANZ - Simplicity Plus

Comparison Rate	5.64%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,149.42
Total Amount Paid Est.	$414,240
Establishment Fee	$600.00

5.61%

Target Market
For customers who want a low variable rate loan offering fewer features suited to First Home Buyers and Investors.

Acceptable Income
Full Docs: Self employed applicants to provided returns for last year (must have been self employed for atleast 2 years), Salary and wage earner. ,
Lo Doc 60: ANZ may accept the customers signed Statement of Position as sufficient evidence of income without the requirement to provide supporting documents. ANZ will confirm employment for PAYG customers who have not been with ANZ for 12 months and will complete an ABN/ACN search for self employed customers.

Home Loan Loan Term
Principal and Interest - Up to 30 years
Interest Only - Up to 10 years.

Home Loan Loan Size
Minimum loan amount $50,000 ,
No maximum loan amount applies to full docs where LVR <75% ,
Max Loan is $1.5M where LVR >75% (Property value limit = $2M) ,
Lo Doc 60 Total Consumer Limit - $2.5M, Maximum individual loan size lending $2.5M

Home Loan Repayment Type
Principal & Interest ,
Interest Only term of up to 10 years

Repayment Options
Weekly, Fortnightly or Monthly ,
Interest Only payments

Extra Repayments
Yes.

Split Loan Facility
Yes

Offset
Not available.

Redraw Facility
Available Minimum $2,000. Redraw Fee: $25. Redraw via Phone and Internet Banking

LVR for Basic Home Loan - ANZ - Simplicity Plus

Owner Occupied Maximum LVR 90% ,
Investment Maximum LVR 90% ,
Construction Maximum LVR 90% ,
Refinancing Maximum LVR 90% ,
Vacant Land Maximum LVR 90% ,
Debt consolidation Maximum LVR 90% ,
Up to 75% for properties greater than 2 Million ,
Lo Doc Max LVR 60%

Fees for Basic Home Loan - ANZ - Simplicity Plus

Loan Approval Fee: $600 - Waiver of one Valuation Administration Fee applies where full Loan Approval Fee of $600 is paid. Second and subsequent valuations will incur the $150 fee. ,
Loan Approval Fee is refunded for First Home Buyers. ,
Valuation Administration Fee $150 . VAF not applicable if Contract of Sale used (in line with ANZ Valuation policy) or for Progress Inspections. ,
Valuation type determined by on-line valuation order or ANZ Toolkit ,
Progress Payment Fee $250 ,
Loan Administration Charge: $0 ,
Renegotiation Fee may apply when a change is requested. Depending on the type of change requested, fee is $200 (non-credit critical) or $350 (credit critical) ,
VAF may apply if a valuation is required. ,
Deferred Establishment Fee $700 applies if the loan is repaid in full or refinanced to an OFI within the first four years. ,
Guarantee Administration Fee $200 ,
Split Loans/Combination Home Loan Package $600 for first loan ,
$200 for each subsequent loan. ,
Repayment Holiday Fee $90