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Current as at 31 July 2018
New Business Offer - Variable Home Loan Package
| Product Name | Tier | Discount to the Standard Variable Rate | Principal & Interest Rate with Package Discount | Principal & Interest Comparison Rate | Interest Only Rate with Package Discount | Interest Only Comparison Rate |
|---|---|---|---|---|---|---|
| Variable Home Loan Package <80% LVR~a | $100,000 - $1,500,000 | 1.71% p.a. | 3.59% p.a. | 3.99% p.a. | n/a | n/a |
| Product Name | Tier | Discount to the Standard Variable Rate | Principal & Interest Rate with Package Discount | Principal & Interest Comparison Rate | Interest Only Rate with Package Discount | Interest Only Comparison Rate |
|---|---|---|---|---|---|---|
| Variable Home Loan Package <80% LVR - Interest Only~e | $100,000 - $1,500,000 | 1.10% p.a. | n/a | n/a | 4.75% p.a. | 5.13% p.a. |
First Home Buyer - 3 Year Fixed Package
| Product Name | Tier | Principal & Interest Rate | Principal & Interest Comparison Rate | Interest Only Rate | Interest Only Comparison Rate |
|---|---|---|---|---|---|
| Fixed Home Loan Package (First Home Buyer)c | $100,000 - $1,500,000 | 3.89% p.a. | 4.65% p.a. | 4.19% p.a. | 5.12% p.a. |
LVR = Loan to Value Ratio.
~ Rate determined by total balance of People’s Choice Home Lending products.
a Limited time only. Borrower must qualify for a Home Loan Package. Current Annual Fee of $395 applies. Rate current for new applications from 31/07/2018 and subject to change without notice. 1.71%p.a. discount applies to the Standard Variable rate. Resulting principal and interest rate of 3.59%p.a. Maximum LVR is 80%. Minimum new borrowings of $100,000 applies. Investment Loans are excluded from this offer.
e Limited time only. Borrower must qualify for a Home Loan Package. Current Annual Fee of $395 applies. Rate current for new applications from 31/07/2018 and subject to change without notice. 1.10%p.a. discount applies to the Standard Variable rate. Resulting interest only rate of 4.75%p.a. Maximum LVR is 80%. Minimum new borrowings of $100,000 applies. Investment Loans are excluded from this offer.
c Rate offer is available for new applications submitted from 27/07/2017 and subject to change without notice. Home Loan Rate available for first home buyers only (each borrower on the loan must have never previously owned a residential property (either separately or jointly with another person). Investment Loans are excluded from this offer.
dIf you have an existing home loan, ‘Loan Duration’ is the remaining term of your loan.
*Terms, conditions, fees, charges and lending criteria apply. Borrower must qualify for a Home Loan Package. Current Annual Fee of $395 applies. Rate current for new applications from 31/07/2018 and is subject to change at any time. Minimum new borrowings of $100,000 applies. Comparison rate based on a $150,000 loan over a 25 year term.
^Maximum Loan Value Ratio (LVR) is 80.00% and is available for owner occupation only./p>
Terms, conditions, fees, charges and lending criteria apply and are available on application.
WARNING:This 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.
The information above is general advice only and does not take into consideration your personal objectives, financial situation or needs (“your personal circumstances”). Please consider the relevant Disclosure Documentsand your personal circumstances before making any decision to purchase the products. Contact us on 13 11 82 with any questions, or visit your nearest branch to talk to a consultant.