Pacific Mortgage Group
Home Loan
5.89%
Interest rate
5.89%
Comparison rate
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.
Pacific Mortgage Group Home Loan does not offer tier pricing for lower LVR. With Home Loan, you can borrow upto $80% LVR.
80%
LVR
Pacific Mortgage Group
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 Pacific Mortgage Group Home Loan for construction loan.
Paying pricinpal and interest
Pacific Mortgage Group
Q&As
Does Pacific Mortgage Group Home Loan comes with an offset account?
Yes, Home Loan 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 Pacific Mortgage Group Home Loan?
There is no upfront costs to apply for Home Loan
- Application fee: $0
- Valuation fee: $0
- Settlement fee: $0
Are there costs when I exit or refinance to another lender?
There is no discharge fee for Home Loan. Which is a good news as most lenders charge a discharge fee range anywhere from $150 to $400 when you exit or refinance out.
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 Pacific Mortgage Group or a mortgage broker just to be sure. This information should be used as a guide only.