HERITAGE 5.99%pa Variable Rate (CR 6.01%pa) + 0.15%-0.25%pa exclusive Cashback effective 5.84-5.79 @Mates Rates Mortgage Brokers
STOP THE PRESS –
Home Loan Purchase, Refinance or Construction with a Variable Rate from 5.99% (CR 6.01*) @ Heritage Bank. Effectively 5.84yrs1&2 decreasing to 5.79 year 3 and 5.74 from year for life of loan with the inclusion of our Exclusive Mates Rates 0.15%-0.25%pa cash-back** for Heritage. Variable loan and rates will reduce inline with RBA and Heritage rate reductions.
Features
Low variable interest rate
$0 application fee
$0monthly administration fee
Free unlimited extra repayments
Free online redraw of payments in advance
For home loans of $350,000 or more.
Fees and Charges
Settlement Fees $210.00 plus disbursement fees if applicable
Valuation Fee First Security Paid to a maximum of $330
Discharge fee $345.00 Discharge Fee
Note: Government fees apply
The rate is for new, owner occupied, principle and interest home loans minimum $350,000 and < 70% Loan to Value Ratio.
OR MAYBE
3yrs of repayment security 5.79 %(CR 7.99%*) 3 years Fixed @ Heritage Bank effectively 5.64 years 1&2 dropping to an effective 5.59 year 3 with the benefit of our Exclusive Mates Rates Cash-back for 3 years of home loan repayments certainty.
Features for 3yrs fixed rate loan
Free Unlimited extra repayments
Free online redraw of payment in advance
Up to 80% Loan to Value Ratio
Mates Rates Cash-back 0.15% years 1&2 increasing to 0.20% year3 & 0.25%pa from year 4 for the life of your loan.
Fees and Charges
Establishment Fee $600
Monthly Fee $8.00 per month
Settlement Fees $210.00 plus disbursement fees if application
Valuation Fee First Security Paid to a maximum of $330
Discharge fee $345.00 Discharge Fee
Note: Normal Government fees apply
*CR – comparison rate does not include the Mates Rates Exclusive 0.15%pa cash-back
** cashback is 100% of the lender paid monthly trail commission paid to you every month
Please feel free to email me at [email protected] or call 1300 558 161 and we will be happy to answer all your home loan questions.
https://matesratesmortgages.com.au/
Australian Credit Licence No. 382805
How does Cashback work? Do they just give you cash back to bank permanently(till the loan ends?) or?