Essential Doc

From 2.29%
*Promotion Rate
SCENARIO INQUIRY
CALCULATOR

About Essential Doc

  • Max LVR: 80%
  • Max Loan Amount: $1,500,000
  • Promotion Rate: OO 2.29% LVR70%
  • No Application Fee and Account Fee
  • 100% Overtime & Shift Allowances
  • Accept minimum living area 40sqm
Application Form
COVID FORM
VALUATION FORM
DISCHARGE FORM
INCOME DECLARATION
- SELF EMPLOYED
ACCOUNTANT'S
VERIFICATION
PURPOSE OF LOAN FUNDS
DECLARATION FORM
PRICING AND EXCEPTION
REQUEST FORM

Loan Purpose and Rate

Owner Occupied
OO: 2.29% PI (LVR ≤ 70%)
  • Interest rate from 2.29% P.A.
  • Comparison rate from 2.42% P.A.
Investment
INV: 2.44% PI (LVR ≤ 70%)
  • Interest rate from 2.44% P.A.
  • Comparison rate from 2.57% P.A.

Product Summary

Security typeResidential
Loan Amount$50,000 to $1,500,000
Maximum LVR80%
Loan TermUp to 30 years
Borrower TypeIndividuals, Company or Trust
Loan PurposeNew Purchase, Refinance, Equity Release of owner occupied or investment property
Repayment MethodDirect debit/BPAY
Redraw FacilityVariable rate loans only. Fee free for internet transaction. Transaction fees apply for requests that are manually processed.
Interest structurePrincipal and Interest & Interest Only (Up to 5 years)
Owner Occupied (LVR ≤ 70%)2.29% P.A. (PI)
Investment (LVR ≤ 70%)2.44% P.A. (PI)
Application fee$0

Document Checklist

Income Documents (PAYG)
  • Latest 2 consecutive payslips
  • 3-month bank statement showing salary paid by employer
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

Genworth Calculator

Recommended serviceability pass rate - PAYG NDI: 1.15, Self Employed NDI: 1.2
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.