All Topics / Finance / Interest Rate

Viewing 2 posts - 21 through 22 (of 22 total)
1 2
  • Profile photo of Mick CMick C
    Participant
    @shape
    Join Date: 2010
    Post Count: 1,099
    November 10, 2011 - 5:14 am

    If your loan is over $500,000 you should be easily able to get it to 1%….and if it’s under 500,000 a exception can be requested for the discount to be 1%- given the market; it’s hard for them to say no when their competitors are giving out 1% left right and center + $$$ for refinancing.

    http://www.shapehomeloans.com.au/blog/anz-1-discount-extended-2011092349

    Regards
    Michael

    Mick C | Shape Home Loans
    http://www.shapehomeloans.com.au/
    Email Me | Phone Me

    Same Banks. Better Rates. Served With a Passion.

    Profile photo of Ron the Mortgage BrokerRon the Mortgage Broker
    Participant
    @ron-the-mortgage-broker
    Join Date: 2011
    Post Count: 13
    November 16, 2011 - 3:10 am

    Agreed with Michael, above 500K you can get 1%. Bigger loan=bigger discount but sometimes you have to ask for more discount

    also there are banks which give more discount as LVR goes down, 75% or lower.

    Annual fee for offset acc (professional package) usually $350-$400,
    but there are 1-2 banks which only charge $120 or $200 for this type of loan per year.

Viewing 2 posts - 21 through 22 (of 22 total)
1 2

You must be logged in to reply to this topic. If you don't have an account, you can register here.