Green Residential Alt Prime
From 7.24%
*Promotion Rate
About Green Residential Alt Prime
- Max LVR: 80% (No High Density)
- Max Loan Amount: $2,000,000
- Promotion Rate: OO 7.24% LVR 70%
- $0 Risk Fee (LVR ≤80%)
- Self-income declaration and Accountant Letter
- Accept Sole Trader, Partners, and Company Shareholding min. 25%
Loan Purpose and Rate
Owner Occupied
OO: 7.24% PI (LVR ≤ 70%)
- Interest rate from 7.24% P.A.
- Comparison rate from 7.44% P.A.
Investment
INV: 7.49% PI (LVR ≤ 70%)
- Interest rate from 7.49% P.A.
- Comparison rate from 7.69% P.A.
Construction
Alt doc - Prime : 8.49% IO (LVR ≤ 70%)
- Interest rate from 8.49% P.A.
- Comparison rate from 8.86% P.A.
Construction
Alt doc - Prime : 8.99% IO (LVR ≤ 80%)
- Interest rate from 8.99% P.A.
- Comparison rate from 9.47% P.A.
Product Summary
| Security type | Residential (No High Density) |
| Loan Amount | $50,000 to $2,000,000 |
| Maximum LVR | 80% |
| Loan Term | Up to 30 years |
| Borrower Type | Individuals, Company or Trust |
| Loan Purpose | New Purchase, Refinance, Equity Release of owner occupied or investment property |
| 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%) | 7.24% P.A. (PI) |
| Investment (LVR ≤ 70%) | 7.49% P.A. (PI) |
| Application fee | $660 |
| Interest Only Loading | + 0.3% P.A. (LVR ≤70% for Owner Occupied) |
| Risk Fee | Refer to Product Guide for more details |
Document Checklist
Income Documents (Self-Employed)
- Active ABN for at least 2 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.