Green Residential Alt Near Prime
- Home
- Residential Loan
- Green Residential Alt Near Prime
About Green Alt Near Prime
- Max LVR: 80%
- Max Loan Amount: $2,500,000
- Promotion Rate: OO 7.74% LVR 70%
- Accept High Density apartment unit ≥ 50sqm
- Self-income declaration and Accountant Letter
- Min. Active ABN for 1 year and 1 day GST Registration
Loan Purpose and Rate
Owner Occupied
OO: 7.74% PI (LVR ≤ 70%)
- Interest rate from 7.74% P.A.
- Comparison rate from 8.00% P.A.
Investment
INV: 7.99% PI (LVR ≤ 70%)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.26% P.A.
Product Summary
Security type | Residential |
Loan Amount | $50,000 to $2,500,000 |
Maximum LVR | 80% |
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/ BPAY |
Offset Facility | 100% Redraw Offset Facility Available |
Interest structure | Principal and Interest & Interest Only (Up to 5 years) |
Owner Occupied (LVR ≤ 70%) | 7.74% P.A. (PI) |
Investment (LVR ≤ 70%) | 7.99% P.A. (PI) |
Application fee | $660 |
Risk Fee | Rates varies depending on LVR (refer to product guide for details) |
Interest Only Loading | + 0.3% P.A. |
Document Checklist
Income Documents (Self-Employed)
- Active ABN for at least 1 years
- GST registration for at least 12 months (if turnover > $75,000)
- Borrower Income Declaration AND
- One of the following:
- Accountant Letter
- 6 months BAS
- 3-month business bank statement
Loan Calculator
Green Residential Calculator
Please click on the link to download the calculator for serviceability calculations.
* 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.