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Expect More Investment Home Loan Package - Interest Only

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Expect More Investment Home Loan - Interest Only

The Expect More Investment Home Loan Package* is designed to help you expand your investment portfolio.

  • 100% Home Loan Offset account
Enquire  Download Rate Sheet

Criteria for Expect More Investment Home Loan Package applicants:

  • LVR up to 80%
  • Minimum 1 year in same line of employment
  • Principal & Interest repayments only 
  • New to Bank applications only
  • Property situated in Metro postcodes only (excluding NT, WA & TAS). Restrictions apply for properties located in Queensland

Key Fact Sheet

 

Call 13 95 00 (Option 5 Broker Enquiries) or email bosbroker@banksyd.com.auClick here to create your customised Key Fact Sheet (KFS) with all the details of your loan. Including interest rate, repayments and fees that are shown on the screen. The KFS will then provide a summary of the loan you are seeking, such as a personalised comparison rate, the estimated costs of the home loan. Also, it explains what may occur if interest rates increase or if you rollover to a standard rate from a fixed rate. 


Expect More Investment Home Loan INTEREST ONLY
Interest Rates
1 Year IO Rate3.60% pa
Comparison Rate 23.92% pa
1 Year Fixed Rate3.35% pa
Comparison Rate 23.90% pa
2 Years IO Rate3.60% pa
Comparison Rate 23.93% pa
2 Year Fixed Rate3.35% pa
Comparison Rate 23.89% pa
3 Years IO Rate3.60% pa
Comparison Rate 23.94% pa
3 Year Fixed Rate3.35% pa
Comparison Rate 23.88% pa
4 Years IO Rate3.60% pa
Comparison Rate 23.95% pa
5 Years IO Rate3.60% pa
Comparison Rate 23.95% pa
5 Year Fixed Rate3.65% pa
Comparison Rate 23.97% pa
Fees
Settlement Fee$150
Legal FeesCovered by package up to $475
Valuation FeesCovered by package up to $420
Access Redraw$0.00 
Package Fee$395
Features
Additional repayments for Fixed Loans 5Additional or lump sum payments up to $10,000 p.a. are allowed without penalty.
Fixed Loan Term1,2,3,5 years
Split facility option Yes
StatementsPaper statements every 6 months
RepaymentsRepayments must be directly debited from your Bank of Sydney transaction account
Offset AccountYes, only for a Variable Loan 
Redraw FacilityYes, only for a Variable Loan 
Debit CardYes 
Cheque BookYes 


 
1The comparison rate is based on a secured loan of $150K, with the relevant Interest Only term (i.e. 1 Year Interest Only), over a term of 25 years. WARNING: The comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
All fixed comparison rates are calculated on the basis they roll to the variable Expect More Home Loan rate at the end of the fixed rate period. Fixed rate interest only loans are calculated as interest only for the duration of the fixed term reverting to principal and interest for the rest of the loan term.
2Legal fees up to $475 and valuation fees up to $420 are only covered for the initial application.
3No penalty for payments up to $10,000 pa. Break costs will be payable subject to Terms & Conditions for any payments exceeding $10,000 pa.
*The Expect More Investment Home Loan Package applies to new loans or refinances from other financial institutions.