Easy Residential
From 6.34%
*Promotion Rate
About Easy Residential
- Max LVR: 90%
- Max Loan Amount: $2,000,000
- No Clawback Option Available
- Friendly Cash out Policy
- No Age Restriction
- Valuation Available on Long Form/Short Form/Desktop/AVM
Loan Purpose and Rate - Full Doc Promo (Conditions apply. Refer to BDM)
Owner Occupied
OO: 6.67% PI (LVR ≤ 80%, Max Loan $1M）
- Interest rate from 6.67% P.A.
- Comparison rate from 6.98% P.A.
Investment
INV: 7.06% PI (LVR ≤ 80%, Max Loan $1M)
- Interest rate from 7.06% P.A.
- Comparison rate from 7.37% P.A.
Loan Purpose and Rate - Full Doc Standard
Owner Occupied
OO: 6.92% PI (LVR ≤ 80%, Max Loan $1M）
- Interest rate from 6.92% P.A.
- Comparison rate from 7.23% P.A.
Investment
INV: 7.31% PI (LVR ≤ 80%, Max Loan $1M)
- Interest rate from 7.31% P.A.
- Comparison rate from 7.62% P.A.
Loan Purpose and Rate - Alt Doc
Owner Occupied
OO:7.22% PI (LVR ≤ 80%, Max Loan $1M)
- Interest rate from 7.22% P.A.
- Comparison rate from 7.53% P.A.
Investment
INV: 7.61% PI (LVR ≤ 80%, Max Loan $1M)
- Interest rate from 7.61% P.A.
- Comparison rate from 7.92% P.A.
Loan Purpose and Rate - Full Doc No Clawback (1% establishment fee applies)
Owner Occupied
OO: 6.34% PI (LVR ≤ 80%, Max $1M)
- Interest rate from 6.34% P.A.
- Comparison rate from 6.65% P.A.
Investment
INV: 6.73% PI (LVR ≤ 80%, Max $1M)
- Interest rate from 6.73% P.A.
- Comparison rate from 7.04% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $100,000 to $2,000,000 |
| Maximum LVR | 90% |
| Loan Term | Up to 30 years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | New Purchase, Refinance, Equity Release |
| Repayment Method | Direct debit from nominated bank account |
| Redraw Facility | Variable rate loans only. Fee free for internet transaction. Transaction fees apply for requests that are manually processed. |
| Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
| Application Fee | $0 |
| Pre-Assessment Fee | $950 for individuals |
| Settlement Fee | $275 |
Document Checklist
Income Documents (PAYG)
- Latest 2 payslips, or
- Two of the following:
- Letter of employment
- 1 Payslip less than 60 days old
- Most recent ATO Income Statement/Tax Return
- Copy of current employment contract
Income Documents (Self-Employed)
- Last 2 years company tax returns and financial statements
- Last 2 years individual tax return and tax assessment notice
- ABN Registered for 2 years
- Director Wages are accepted as PAYG
Loan Calculator
Genworth Calculator
Recommended serviceability pass rate NDI 1.1：1
We take 80% of existing rental income into servicing for investment property.
* 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.