Easy SMSF Commercial
From 8.85%
*Promotion Rate
About Easy SMSF Commercial
- Max LVR: 70%
- Max Loan Amount: $1,000,000
- Promotion Rate: 8.85% LVR 65%
- Loan Term up to 25 Years
- Investment Purpose
- Accept Gyms, Sporting Complex, Licensed Premises and Child Care Centres
Loan Purpose and Rate
Principal and Interest
8.85% PI (LVR ≤ 65%)
- Interest rate from 8.85% P.A.
- Comparison rate from 9.27% P.A.
Principal and Interest
9.10% PI (LVR ≤ 70%)
- Interest rate from 9.10% P.A.
- Comparison rate from 9.53% P.A.
Product Summary
| Security type | Residential, Commercial |
| Loan Amount | $100,000 to $1,000,000 |
| Maximum LVR | 70% |
| Loan Term | Up to 25 years |
| Borrower Type | SMSF Trustee/s |
| Guarantors | Loans must be supported by personal guarantee/s for the full amount of the loan from all beneficiaries of the SMSF. Refer to the SMSF Product Guide for details. |
| Loan Purpose | New Purchase, Refinance |
| Repayment Method | Direct debit from nominated bank account |
| Debt Service Cover Ratio | Minimum 1.25 times |
| Deposit/Equity | Minimum SMSF net tangible assets of $150,000 required (prior to loan transaction). Refer to the SMSF Product Guide for details. |
| Interest structure | Principal and Interest |
| Variable Rate (LVR ≤ 65%) | 8.85% P.A. (PI) |
| Establishment Fee | Up to 1.50% of the loan amount + GST (non-refundable) |
Document Checklist
Income Documents
- Serviceability:
- 80% of rental income from investment properties held by the SMSF.
- Mandatory superannuation contributions to be included and verified over a 2-year period.
- Regular additional contributions made to superannuation or other personal investments, or savings verified over a 2-year period.
- Must allow for on-going expenses associated with running a SMSF. Where a newly established SMSF cannot provide evidence (Letter from their accountant) to confirm the running costs of the SMSF, a minimum of $3,000(GST inclusive) should be included in the SMSF Servicing Calculator, otherwise use the running costs stated on the accountant’s correspondence.
- Loan repayment amount to be calculated on a principal and interest basis.
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.