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| Lifestyle Package - Fixed interest rate Download printable version Lifestyle Package - Variable interest rate Download printable version
Lifestyle Package - Variable
|
interest rate| Loan Amount | Maximum LVR |
| $30,000 - $500,000* | 100% |
| $500,001 - $650,000 | 95% |
| $650,001 - $750,000 | 90% |
| $750,001 - $1,000,000 | 85% |
| $1,000,001 - $2,000,000 | 70% |
*Where the applicant, product type and security meet certain criteria laid down by LMI the max. LVR allowed on a loan up to $500K is 100%.
Portablility
The security property can be substituted if required. Note there may be restrictions if loan size needs to be altered.
Statements
Free six monthly statements and free interim statements (issued upon request).
Convert to Fixed Rate
All or part of the loan can be converted to a fixed rate loan at any time at no cost (subject to a 4 account maximum).
Internal Transfers
Transfer funds to your other loans or to other accounts within the same loan.
Redraw
Available as required ($50.00 min.), accessed over the phone or via the internet (variable rate only).
Principal Reductions
Yes no limit, however "manual" reamortisation requests apply.
Lifestyle Package - Fixed interest rate
Current interest rates, click here.
Split Facility
One home loan with up to 4 loan accounts allowed, comprising a mix of loan products. This is useful for borrowers distinguishing between loan purposes and providing assistance with income tax preparation.
Fixed Rate
Fixed 2, 3 or 5 years reverting to a variable rate thereafter. Please note if an Interest Only period has been selected these need not coincide.
Loan Size
$30,000 up to $2,000,0000.
Purpose
Any worthwhile purpose.
Term
10,15,20,25 or 30 years.
Repayments
Principal and Interest or Interest Only for 2, 3, 5 or 10 years.
Frequency
Instalments can be made weekly, fortnightly or monthly.
Payments
You can pay either by
- Monthly Direct Debit;
- Fortnightly Direct Debit (Monthly Payment x 12/26).
- Weekly Direct Debit (Monthly Payment x 12/52).
- Direct Electronic Credit.
Statements
Free six monthly statements and free interim statements (issued upon request).
Fees
No monthly administration fees.
LVR (Loan to value ratio)
| Loan Amount | Maximum LVR |
| $30,000 - $500,000* | 100% |
| $500,001 - $650,000 | 95% |
| $650,001 - $750,000 | 90% |
| $750,001 - $1,000,000 | 85% |
| $1,000,001 - $2,000,000 | 70% |
*Where the applicant, product type and security meet certain criteria laid down by LMI the max. LVR allowed on a loan up to $500K is 100%.
Portablility
The security property can be substituted if required. Note there may be restrictions if loan size needs to be altered.
Green Home Loans - All Wilson National Home Loans carry the carbon neutral product logo and are 100% carbon neutral.
**Fixed rates are indicative and actual rate is the advertised rate at the time of settlement. The Comparison rate applies to a loan amount of $300,000 over 30 years. Different amounts and terms may result in a different Comparison rate. 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 affect the cost of the loan. Fixed rates for Low Doc products incur a 0.2% loading to the carded rates listed above.
