Standard SMSF Residential
From 7.69%
*Promotion Rate
About SMSF Residential
- Max LVR: 80%
- Max Loan Amount: $1,000,000
- Promotion Rate: 7.69% LVR 60%
- Loan Term up to 30 Years
- Available for Purchase and Refinance
- Accept Min. Living Area 40 sqm and Rural property Land Size 10 hectares
Loan Purpose and Rate
Principal and Interest
7.69% (LVR ≤ 60%)
- Interest rate from 7.69% P.A.
- Comparison rate from 8.21% P.A.
Interest Only
7.99% (LVR ≤ 60%)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.51% P.A.
Principal and Interest
7.99% (LVR ≤ 80%)
- Interest rate from 7.99% P.A.
- Comparison rate from 8.51% P.A.
Interest Only
8.29% (LVR ≤ 80%)
- Interest rate from 8.29% P.A.
- Comparison rate from 8.81% P.A.
Product Summary
| Security type | Residential |
| Loan Amount | $150,000 to $1,000,000 |
| Maximum LVR | Up to 80% inclusive of LMI |
| 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 |
| Repayment Method | Direct debit from nominated bank account |
| Deposit/Equity | No Liquidity Requirements |
| Interest structure | Principal and Interest or IO up to 10 years. |
| Variable Rate (LVR ≤ 60%) | 7.69% P.A. (PI) |
Document Checklist
Income Documents
- 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.
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.