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Police Financial Services Limited ABN 33 087 651 661 AFSL 240293 Australian Credit Licence 240293
General Enquiries 13 63 73 | BSB 704 230 Copyright 2017
Standard variable rate | Base variable rate | Introductory 2 year variable rate | Fixed rate | Line of credit | Offset variable | Interest Only | First Home Buyer Package |
|
|---|---|---|---|---|---|---|---|---|
| Description | Basic standard variable home loan with a low variable rate. | Save more with our simple low-cost home loan, offering a low variable rate and no account-keeping fees. | Get into your dream home sooner with our competitive low variable rate. | Lock in an interest rate over a specific period (1 - 5 years). | All-in-one loan solution that allows you to access the equity in your home. | Variable loan that allows you to use your savings to reduce the interest charged. | Pay only the interest on your loan. Available on fixed or standard variable rate. | A low variable rate loan, a credit card with a rate matched to your home loan plus much more |
| Key facts sheet | Request | Request | Request | Request | Request | Request | Request | Request |
| Interest rate (pa) | 4.69% | 3.88% | 3.68%1 |
1y 3.92% 2y 3.68% 3y 3.97% 4y 4.29% 5y 4.29% | 4.69% | 4.74% | As per standard variable & fixed rate | 3.79% |
| Comparison rate (pa) | 4.73% | 3.92% | 4.54%1 |
1y 4.66% 2y 4.54% 3y 4.54% 4y 4.59% 5y 4.56% | N.A | 4.78% | As per standard variable & fixed rate | 3.79% |
| Free redraw | Yes | Yes | Yes | N.A | N.A | Yes | N.A | Yes |
| Minimum redraw amount | $50 | $50 | $50 | N.A | N.A | $50 | N.A | $50 |
| Additional loan repayments2 | Yes | Yes | Yes | Yes â up to $10,000pa of additional payments | Yes | Yes | Yes | Yes |
| Early repayment penalty | No | No | No | Yes | No | No | Yes on interest-only fixed rate loan option | No |
| Fixed rate break cost | No | No | No | Yes | No | No | Yes on interest-only fixed rate loan option | Yes |
| Flexible repayment options | Weekly, fortnightly or monthly | Weekly, fortnightly or monthly | Weekly, fortnightly or monthly | Weekly, fortnightly or monthly | Monthly | Weekly, fortnightly or monthly | Monthly | Weekly, fortnightly or monthly |
| 100% offset facility | No | No | No | No | N.A | Yes | No | Yes |
| Establishment fee | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $0 |
| Minimum loan amount | $20,000 | $120,000 | $120,000 | $50,000 | $50,000 | $20,000 |
- $50,000 Fixed rate - $20,000 Variable rate | $20,000 |
| Maximum loan term | 30 years | 30 years | 30 years | 30 years | 30 years | 30 years | 30 years | 30 years |
| Interest calculated daily & debited monthly in arrears | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| No-obligation quotes, pay-by-the-month insurance (with option of up to 90 days free building insurance cover during settlement period) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Optional loan protection insurance | Yes | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Visa debit card linked to loan account | No | No | No | No | Yes - withdraw cash or make purchases directly from your line of credit account by pressing the 'Cheque' button | No | No | No |
| Apply online | Apply Now | Apply Now | Apply Now | Apply Now | Apply Now | Apply Now | Apply Now | Apply Now |
Police Financial Services Limited ABN 33 087 651 661 AFSL 240293 Australian Credit Licence 240293
General Enquiries 13 63 73 | BSB 704 230 Copyright 2017