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Current as at 01 November 2018
New Business Offer - Variable Investment 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 Investment Loan Package IO <80% LVR~ | $100,000 - $1,500,000 | 1.87% p.a. | n/a | n/a | 4.49% p.a. | 4.87% p.a. |
| Variable Investment Loan Package <90% LVR~b | $100,000 - $1,500,000 | 1.86% p.a. | 4.09% p.a. | 4.48% p.a. | n/a | n/a |
Variable Investment 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 Investment Loan Package~ | $100,000 - $1,500,000 | 0.90% p.a. | 5.05% p.a. | 5.42% p.a. | 5.46% p.a. | 5.83% p.a. |
Fixed Investment Loan Package
| Product Name | Term | Principal & Interest Rate | Principal & Interest Comparison Rate | Interest Only Rate | Interest Only Comparison Rate |
|---|---|---|---|---|---|
| Fixed Investment Loan Package | 1 year | 4.29% p.a. | 5.35% p.a. | 4.49% p.a. | 5.73% p.a. |
| Fixed Investment Loan Package | 2 years | 3.94% p.a. | 5.22% p.a. | 4.24% p.a. | 5.59% p.a. |
| Fixed Investment Loan Package | 3 years | 4.19% p.a. | 5.19% p.a. | 4.44% p.a. | 5.55% p.a. |
| Fixed Investment Loan Package | 4 years | 4.69% p.a. | 5.30% p.a. | 5.04% p.a. | 5.68% p.a. |
| Fixed Investment Loan Package | 5 years | 4.69% p.a. | 5.27% p.a. | 4.99% p.a. | 5.63% p.a. |
Line of Credit Package
| Product Name | Tier | Discount to the Line of Credit Rate | Line of Credit Rate with Package Discount | Comparison Rate |
|---|---|---|---|---|
| Line of Credit Package~ | $100,000 - $500,000 | 0.50% p.a. | 5.75% p.a. | n/a |
LVR = Loan to Value Ratio.
~ Rate determined by total balance of People’s Choice Investment Lending products.
b Limited time only. Borrower must qualify for an Investment Package. Current Annual Fee of $395 applies. Rate current for new applications from 01/11/2018 and subject to change without notice. A 1.86%p.a. discount applies to the Standard Variable Investment rate. Resulting rate 4.09%p.a. Maximum LVR is 90%. Minimum new borrowings of $100,000 apply.
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.