Loan Avenue Home Loan: Construction Near-Prime CR1 IO

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Important Information

Not all providers in the market are included in the comparison.

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.

Please note that due to recent changes by numerous lenders, some rates may be slightly incorrect. We shall have this resolved shortly.

Comparison Rate is based on all fees, charges and interest over the term of a standard loan of $150,000 for 25 year.

Institution: Loan Avenue
Loan Type: Variable
Initial Rate: 7.69%
Comparison Rate: 8.11%
Revert Rate: 7.69%
Maximum LVR: 75.00%
Monthly Payment: $1,127
Total Cost: $200,680
Total Interest: $188,127
Total Fees: $12,553
Upfront Fee: $553
Monthly Fee: $15
Annual Fee: $300
Extra Repayments: Yes
Redraw Facility: Yes
Interest Only Payments: Yes
Offset Account: No
Investment: Yes
Owner Occupier: No