Ratings
LVR options
LVR is an acronym for Loan-To-Value Ratio. The LVR is the amount you are borrowing against the property value being used as security, represented as a percentage.
ANZ Anz Plus does not offer tier pricing for lower LVR. With Anz Plus, you can borrow upto $80% LVR.
80%
LVR
ANZ
Repayment options
Interest only loans have traditionally been tailored to investors so they can reduce their mortgage repayments and maximise their tax benefits and overall return on investment (ROI). However, getting home loan with interest only (IO) has its place and some lenders are willing to consider your application if you can provide valid reasons.
Interest only repayment option is not available with ANZ Anz Plus for refinance.
Paying pricinpal and interest
ANZ
Q&As
Does ANZ Anz Plus comes with an offset account?
Yes, Anz Plus comes with a 100% offset account.
A 100% offset account is an account linked to your home loan where you can park your savings and spare cash to reduce the interest you pay. Then, when interest is calculated on your home loan, the balance in your offset account is deducted from the loan amount owing, and interest is only charged on what remains.
What are the costs to apply for ANZ Anz Plus?
There is upfront costs of $150 to apply for Anz Plus, with no ongoing account keeping fees.
- Document fee: $150
Are there costs when I exit or refinance to another lender?
ANZ charge a discharge fee of $350, which covers the cost for removing the mortgage that has been registered on the title of your property.
IMPORTANT: Lenders change their policy from time to time so this information is current only accurate at the time that it was written. You should always check with ANZ or a mortgage broker just to be sure. This information should be used as a guide only.