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5.99%pa Variable P&I (CR 6.02%) + 0.20%pa Broker Cashback @ Auswide Bank

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5.99%pa Variable P&I (CR 6.02%) + 0.20%pa Broker Cashback @ Auswide Bank
Go to Deal
Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 14:36 auswidebank.com.au (242 clicks)
Last edited 01/08/2024 - 16:33 by 1 other user

CALLING ALL HOME BUYERS/OWNERS

Don’t wait for the RBA Get Your Own Rate Cut Today!

Low low basic owner-occupied interest rate 5.99%pa effectively 5.79% with the inclusion of our Exclusive Mates Rates Cash-back 0.20%pa^ for the life of your loan!

Features
• Low Principle & Interest repayment variable rate
• $0 ongoing fees low setup fees
• Direct Credit Access
• Repayment Holiday if payment In Advance
• Free Online Redraw no minimum
• ≤70% Loan to Value Ratio (LVR)
• Available with Exclusive 0.20%pa Mates Rates Life of Loan Cash-back

Fees and Charges
$300 establishment fee
$100 settlement fee
$400 Discharge Fee

Mates Rates Mortgage Brokers now more than $13million dollars of cash-back credited to client’s home loans helping them to pay off their homes faster!

$10p/mth Mates Rates administration of cash-back fee which can be nominated to be deducted from your cash-back.

*CR – comparison rate does not include the Mates Rates Exclusive 0.20%pa Auswide Bank life of loan cash-back
^ cash-back is 100% of the ongoing lender paid commissions credited to your home loan month after month, every month for the life of your loan. Only available for residential loans.

Mates Rates Mortgage Brokers
Australian Credit Licence No. 382805

Email [email protected] or call 1300 558 161 and we will be happy to answer all your home loan questions.
https://matesratesmortgages.com.au/

Financial Cashback Home Loan Investment Loan Loan Mortgage Broker

Related Stores

Auswide Bank
Auswide Bank
Mates Rates Mortgage Brokers
Mates Rates Mortgage Brokers
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closed Comments

  • ozvictor on 01/08/2024 - 14:37

    no cash back?

    • filmer on 01/08/2024 - 14:49

      Rather than instant cashback it seems they give part of the commission the bank pays them

      • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 17:40

        100% of the ongoing lender paid commission income filmer

  • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 14:43

    Yes ozvictor 0.20%pa

  • CyberMurning on 01/08/2024 - 15:36

    Investment property??? No love

    • Wilburre on 01/08/2024 - 16:13

      Good

      • vash5 on 01/08/2024 - 18:38

        Good

        Don't complain why rent is sky high and you have no availability.

        • Wilburre on 01/08/2024 - 19:59
          -1

          It already is.

          On the converse - don't ask for a rates handout on what is clearly an owner occupier rate aiming to get more people into home ownership.

          How much more in handouts do property investors want?

          Last few decades of handouts not enough?

          The unashamed nerve of it.

          • vash5 on 02/08/2024 - 00:31
            -1

            @Wilburre:

            It already is.

            And guess who is making it worse.. your beloved government 🙄

            On the converse - don't ask for a rates handout on what is clearly an owner occupier rate aiming to get more people into home ownership.

            I never asked for anything.. hell i dont have a rental or investment property.

            Your statement of "Good", is just stupid.

            How much more in handouts do property investors want?

            Handouts?? What handouts are you talking about?

            Last few decades of handouts not enough?

            You do realise rentals play a key role in housing right??

            The unashamed nerve of it.

            😂😂 My guy you clearly seem to think landlords and rentals are the issue to housing crisis in Au.

            At best you're ignorant af, at worst its you not taking the time to educate yourself and coming off a dumb dumb.

            Why dont you actually take the time read the impact of rentals and how small of an aspect of the market they make up.

            https://www.yourinvestmentpropertymag.com.au/expert-insights…

            • Wilburre on 02/08/2024 - 02:09
              -1

              @vash5: Mate if you're going to link "educational articles", make sure the data isn't 5 years old, then we can talk.
              Or did you just google to find something that should support your point without actually reading it yourself?

              Apply some context clues while you're at it.

              • vash5 on 02/08/2024 - 02:31
                +2

                @Wilburre:

                Mate if you're going to link "educational articles", make sure the data isn't 5 years old, then we can talk. Or did you just google to find something that should support your point without actually reading it yourself?

                1. Published 17 Oct, 2022.. Not exactly old article

                2. Latest ATO stats are 2021-22

                https://data.gov.au/data/organization/australiantaxationoffi…

                Of which, the data hasn't changed all that much since the article was written.

                Funny how you can't answer any of my handout questions and you neg the deal for no reason.

                Mod: Removed inflammatory paragraph

              • vash5 on 02/08/2024 - 17:56

                @Wilburre:

                Mate if you're going to link "educational articles", make sure the data isn't 5 years old, then we can talk. Or did you just google to find something that should support your point without actually reading it yourself?

                1. Published 17 Oct, 2022.. Not exactly old article

                2. Latest ATO stats are 2021-22

                https://data.gov.au/data/organization/australiantaxationoffi…

                Of which, the data hasn't changed all that much since the article was written.

                And yes, this comment was re-posted because my initial response put into question your capacity to think critically or do some research so the mods stepped in to make sure you wouldn't feel uncomfortable, upset, triggered or require a safe space. Good work mods 👍👍

        • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 02/08/2024 - 07:57

          vash5
          This is an owner occupied home loan special unrelated to rental availability.

          • vash5 on 02/08/2024 - 17:49

            @youwintoo:

            This is an owner occupied home loan special unrelated to rental availability.

            Yes i know.

            • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 02/08/2024 - 17:59

              @vash5: Your rant about rentals and investment would indicate, you did not.

              • vash5 on 02/08/2024 - 18:01

                @youwintoo:

                Your rant about rentals and investment would indicate, you did not.

                Because it was a response to someone who has a hate bonner for landlords and i was simply pointing out rentals play a key role in housing and having less is detrimental to the market and renters in response to a silly comment that was just one word.. ""Good". The very same person who negged your post for no reason.

                • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 02/08/2024 - 18:09

                  @vash5: Thank you for your explanation and the negative vote was not lost on me. Hence the query and failing a reasonable explanation I’ll be appealing for removal

                  • vash5 on 02/08/2024 - 20:24

                    @youwintoo:

                    Thank you for your explanation and the negative vote was not lost on me. Hence the query and failing a reasonable explanation I’ll be appealing for removal

                    Good luck with it. My initial report for null neg vote was denied and now i have requested a revised response.

                    Lately i have noticed mods will enforce rules depending who you get and what post is about.. case and point, recent Trump doll post.

      • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 02/08/2024 - 12:22

        Wilburre, interested to know why the negative vote, when your automatic response was 'Good'?

    • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 17:14

      Yes CyberMurning see our other post effectively 6.04%pa with our exclusive cash-back for investment loan refinances

      https://www.ozbargain.com.au/node/858269

  • Sestrooper on 01/08/2024 - 15:40

    Offset?

    • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 17:16

      Basic variable loan products only provide redraw s a 100% offset. Contact the team on [email protected] for home loan recommendations with our Exclusive Mates Rates Cash-Back for loans with a 100% transactional offset account.

  • generalpayne on 01/08/2024 - 17:01

    I'm with auswide and they have been really good. I find the app and netbank a bit average though, but I came from commbank that had great netbank/app features.
    A couple of clunky things include their 2fa text messages don't auto recognise the code to allow it to be copied from the notification shortcut on the phone, so you need to open the text message and manually copy or write in the code to the app. Other 2fa auto recognise the code and I can copy it from the notification.
    The other thing is you can't add a note to your transactions through the app or online. We budget a lot and I buy a lot on Amazon. It would be nice to be able to add a quick note saying what the item was so when my wife goes through the transactions, she can easily categorise them into our budgeting spreadsheet.
    These are a couple of minor things, but different to my experience with cba.

  • CyberMurning on 01/08/2024 - 17:17

    Hmm i think $ cashback is better than % cash back for small loan.. after 2 years we can refi to another and get new bonus

    • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 17:21

      different strokes for different folks

  • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 01/08/2024 - 17:20

    Great to hear generalpayne

    We have 100's of happy Auswide clients as it was the lender discussed with Scott Pape the Barefoot Investor as the lowest cost owner occupied home loan with cashback during our Mortgage Month interview. Send an email to [email protected] and request a copy of the interview transcript.

  • RecklessMonkeys on 01/08/2024 - 18:10

    Don’t wait for the RBA Get Your Own Rate Cut Today!

    You too can be a debt slave!

  • truemana on 02/08/2024 - 07:47
    +1

    This bank is amazing. We’ve been with them for over 6 years and the personal touch they have makes all the difference, along with competitive rates. Their app is way better than it used to be, still needs improvements, but it does what it needs to.

    FYI if you go on their freedom package, you can save the $395 per year if you own 1000 shares of their stock.

  • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 02/08/2024 - 07:54

    Great to hear truemana

    We have 100's of happy Auswide clients as it was the lender discussed with Scott Pape the Barefoot Investor as the lowest cost owner occupied home loan with cashback during our Mortgage Month interview. Send an email to [email protected] and request a copy of the interview transcript.

    • GuyfromMelbourne on 04/08/2024 - 00:10

      You hit reply on the message you are replying to. Just a general feedback on your ozbargain skills.

      • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 04/08/2024 - 11:14

        not sure what you are referring to GuyfromMelbourne, there are2 replies the same to 2 different posters generalpayne and truemana are you confused? Happy to be advised if something else.

        • GuyfromMelbourne on 04/08/2024 - 17:21

          Na mate I am not confused. You are posting a new comment, instead of replying to existing one.

          • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 05/08/2024 - 09:16
            +1

            @GuyfromMelbourne: ah I get it, it was when I used the phone app which is crap to navigate. Will be sticking to the laptop.

  • vash5 on 04/08/2024 - 14:28

    Hey OP what is the minimum monthly repayment you'd be looking at on a typical 500k loan (including cashback) at the rates you are offering?

  • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 04/08/2024 - 14:40

    Hi vash5 not a liberty to quote specifics without a full assessment of your circumstances. Best to email [email protected]

  • vash5 on 08/08/2024 - 17:07

    Hey OP just called Aus wide bank and they know nothing about the deal. Why are you using their name and url link?

  • Associatedyouwintoo @ Mates Rates Mortgage Brokers on 09/08/2024 - 13:43

    No idea what you mean vash5 the link takes you to the 5.99%pa interest rate offer?

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