Adelaide Bank has just updated their fixed rates, all of which include the option of a 100% offset account, giving you maximum flexibility with offsetting your lending while still benefiting from very low fixed interest rates.
Unlike some other lender offers with 100% offset on fixed, this does not have strict employment, industry or education requirements for eligibility.
Note that ABL currently has very fast turnaround, with a 3-day SLA - much better than most other lenders right now!
Owner Occupied < 80% LVR
- 1 Year Fixed - 1.99% (2.49% CPR)
- 2 Year Fixed - 1.94% (2.44% CPR)
- 3 Year Fixed - 2.05% (2.42% CPR)
Investment < 80% LVR
- 2 Year Fixed - 2.24% (3.12% CPR)
- 3 Year Fixed - 2.35% (3.09% CPR)
Investment IO < 80% LVR
- 2 Year Fixed - 2.55% (3.17% CPR)
- 3 Year Fixed - 2.55% (3.13% CPR)
Fees
- Upfront fees of $498
- Optional ongoing fee of $15 / month for the 100% offset account
Variable Rates
Since we maintain a very strong relationship with Adelaide Bank, we also have access to some sharp discretionary pricing on variable rates via ABL. Please get in touch to discuss these as we cannot post them online.
Alternatives
Depending on your total utilised lending size and LVRs, we can offer a number of alternative lender options with lower fixed rates (without 100% offset) and lender cashbacks as high as $4,000 for a single property (potentially higher cashbacks if you refinance/purchase additional properties). Please reach out to discuss your options.
Comparison Rates
Any quoted comparison rate is only true for the example given and may not include all fees and charges. Different terms, loan amounts or fees may result in a different comparison rate. Comparison rates are based on a loan amount of $150,000 over a loan term of 25 years.
BROKER CASHBACK
If your lending is above $500k, and you are fixing for at least 2 years, please get in touch to confirm what additional broker cashback we can offer you.
HOW TO APPLY
Our team is here to help, and will work to ensure we obtain the best pricing discretions possible for any variable rates (including the revert rate from the fixed product). You can lodge an enquiry via our platform here - https://loanbase.com.au/compare-home-loans-fva, or contact one of our brokers directly with their details below:
Andrew Loucas, Email: [email protected], Calendar link: https://calendly.com/loanbase-andrew/quickchat
Leo Gonzales, Email: [email protected], Calendar link: https://calendly.com/loanbase-leo/initial
Eric Cheng (available after hours), Email: [email protected], Calendar link: https://calendly.com/loanbase-eric/quickchat
Loan Base Pty Ltd (ABN 95 162 141 915) · Australian Credit Licence Number 508 308
Head Office: Level 1, 1-5 Link Road, Zetland, NSW, 2017. Phone: 1300 512 377.
named and shamed last year, probably again this year - buyer beware