Aussie's Own Home Loans
Aussie Basic Loan
The Aussie Basic has been designed to offer home buyers a low rate home loan with no ongoing fees but with all the features you need and none of the extras you don't.
If you are a First Home Buyer, we have put together a package just to help you get there sooner.
The First Home Buyer package offers you;
- Discounted lenders mortgage insurance if you have 20% or more deposit.
- The ability to use your First Home Owners Grant and/or monetary gifts as part of your deposit.
- We'll pay your Building Insurance for the first year, valued at up to $400.
Product information
| Rate Type |
Variable or Fixed |
| Property Type |
Residential |
| Application Fee |
$500 |
| Valuation Fee |
$0 for first property then $200 per property thereafter |
| Loan Settlement Fee |
$100 |
| Monthly Service Fee |
$0 |
| Discharge Fee |
$715 in first 5 yrs, $215 for year 5+ |
| Deferred Establishment Fees |
$1,500 (Year 1&2) $1,000 (Year 3&4) $500 (Year 4&5) |
| Minimum Loan |
$50,000 |
| Maximum Loan |
No maximum |
| Maximum LVR |
95% |
| Maximum Loan Term |
30 years |
| Capitalised LMI |
Yes** |
| Repayment Types |
Principal & interest, Interest only |
| Repayment Frequency |
Monthly on first business day of the month.
Fortnightly - payments taken on Fridays only. |
| Repayment Method |
Direct salary credit, direct debit |
| Lump Sum/Additional Repayments |
Yes, Unlimited and at no additional cost. Conditions apply for fixed rate loans. |
| Redraw |
Yes, N/A if loan is Fixed |
| ^ ATM, Eftpos & BPay |
BPay only |
| Split Loan Facility |
Yes ($300 if after settlement) |
| Switch to Fixed |
Yes |
| Portability |
Yes, $600 |
** Final LVR including Capitalised LMI cannot exceed 95%
Check out our interest rates or to apply for this loan:
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