Easy Commercial Full Doc
- Home
- Commercial Loan
- Easy Commercial Full Doc
From 8.05%
*Promotion Rate
About Easy Commercial Full Doc
- Max LVR: 70%
- Max Loan Amount: $2,000,000
- Promotion Rate: 8.05% LVR 65%
- No Annual review
- Max Loan Term: 25 Years
- Accept Gyms, Sporting Complex, Licensed Premises and Child Care Centres
Loan Purpose and Rate
Principal and Interest
8.05% PI (LVR ≤ 65%)
- Interest rate from 8.05% P.A.
- Comparison rate from 8.35% P.A.
Principal and Interest
8.30% PI (LVR ≤ 70%)
- Interest rate from 8.30% P.A.
- Comparison rate from 8.60% P.A.
Product Summary
Security type | Residential, Commercial |
Loan Amount | $100,000 to $2,000,000 |
Maximum LVR | 70% |
Loan Term | Up to 25 years |
Borrower Type | Individual, Company or Trust |
Loan Purpose | Purchase, Refinance, Non-structural renovations, Debt consolidation, Equity Release |
Repayment Method | Direct debit from nominated bank account |
Redraw Facility | Available for variable rate loans only. Fee free for internet transaction. Transaction fees apply for requests that are manually processed. |
Debt Service Cover Ratio | Minimum 1.25 times |
Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
Variable Rate (LVR ≤ 65%) | 8.05% P.A. (PI) |
Establishment fee | Up to 1.50% of the loan amount + GST (non-refundable) |
Document Checklist
Income Documents (PAYG)
- Last 2 payslips PLUS
- One of the following:
- Letter of employment
- Latest group certificate / PAYG summary
- Tax assessment notice
- Individual tax returns
Income Documents (Self-Employed)
- Last 2 years company tax return
- Last 2 years Financial Report
- Last 2 years Individual Tax Return
- Last 2 years ATO Notice of Assessment
Loan Calculator
Broker sends applicant’s asset and liabilities to LoanOne,
LoanOne conducts servicing calculation.
* The comparison rate is based on a secured loan of $150,000 and a term of 25 years.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.