Standard SMSF
From 6.51%
*Promotion Rate
About Standard SMSF
- Max LVR: 80%
- Max Loan Amount: $1,500,000
- Fast Refinance Available
- Loan Term up to 30 Years
- Purchase and Refinance of Investment Properties
- Accept Min. Living Area 30 sqm and Land Size 10 hectares
Loan Purpose and Rate - SMSF
Investment - P&I
6.51% (LVR ≤ 60%)
- Interest rate from 6.51% P.A.
- Comparison rate from 7.53% P.A.
Investment - IO
6.86% (LVR ≤ 60%)
- Interest rate from 6.86% P.A.
- Comparison rate from 7.33% P.A.
Product Summary
| Security type | Residential & Commercial |
| Loan Amount | $150,000 to $1,500,000 |
| Maximum LVR | Up to 80% |
| Loan Term | Up to 30 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 – Investment Only |
| Repayment Method | Direct debit from nominated bank account |
| Deposit/Equity | 90% of Rental Income |
| Interest structure | Principal and Interest or Interest Only up to 10 Years |
| Application Fee | $0 |
| Risk Fee | N/A |
Document Checklist
Income Documents - PAYG
- Latest 2 Payslips
- PAYG Contractor on TFN (minimum 1 year)
- Serviceability:
- 90% of rental income.
-
100% of mandatory contributions.
- 100% of voluntary contributions when evidenced over 2 years statements.
- 90% of investment earnings of SMSF negative gearing benefits permitted (15% tax).
- Minimum $1,500 required for SMSF servicing, such as annual auditing and compliance. A lessor amount can be used if evidenced.
Income Documents - Self Employed
- Most Recent 2 Years Company Tax Returns & Financial Statements
- Most Recent 2 Years Personal Tax Returns & Notice of Assessment