Washington Online Installment Loans

Mortgage loan Interest Levels

Mortgage loan Interest Levels

Owner Occupier prices

Standard Variable Rate – Owner Occupier

LVR stands for the loan that is initial value ratio at loan approval. LVR may be the quantity of your loan set alongside the Bank’s valuation of your home agreed to secure your loan expressed as a share.
As an example, that loan of $400,000 to purchase a residential property worth $500,000 leads to a loan to value ratio of 80%. The interest levels listed here are for brand new loans. Mortgage rates are set on the basis of the initial LVR and don’t change as a result of modifications to your LVR through the life of the mortgage.

LVR Annual Rate Comparison price 1
Principal & Interest
Standard price 4.81% p.a. 4.98% p.a.
LVR up to 60per cent
(Includes discount of 0.10% p.a. )
4.71% p.a. 4.88% p.a.
LVR above 60per cent as much as 80per cent
(Includes discount of 0.05% p.a. )
4.76% p.a. 4.93% p.a.
LVR above 80%
(No modification to rate that is standard
4.81percent p.a. 4.98% p.a.
Interest only rate this is certainly standardper cent p.a. 5.57% p.a.
LVR up to 60per cent
(Includes discount of 0.10% p.a. )
5.30% p.a. 5.47% p.a.
LVR above 60per cent up to 80per cent
(Includes discount of 0.05% p.a. )
5.35% p.a. 5.52% p.a.

Standard Variable Rate – Owner Occupier with Advantage Package *

LVR stands for the initial loan to value ratio at loan approval.

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