Standard SMSF Residential
From 7.30%
*Promotion Rate
About SMSF Residential
- Max LVR: 80%
- Max Loan Amount: $1,500,000
- Promotion Rate: 7.30% LVR 60%
- Loan Term up to 30 Years
- Available for Purchase and Refinance
- Accept Min. Living Area 30 sqm and Land Size 10 hectares
Loan Purpose and Rate
Investment - P&I
7.30% (LVR ≤ 60%)
- Interest rate from 7.30% P.A.
- Comparison rate from 7.82% P.A.
Investment - IO
7.60% (LVR ≤ 60%)
- Interest rate from 7.60% P.A.
- Comparison rate from 8.17% P.A.
Product Summary
| Security type | Residential & Commercial |
| Loan Amount | $150,000 to $1,500,000 |
| Maximum LVRÂ | 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
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.