Mobile home loan rates calculator full#

They assume interest rates don’t change over the life of the loan and are calculated on the rate that applies for the initial period of the loan. Information provided (including interest rates) are subject to change.Ĭalculations are estimates provided as a guide only. At the end of an Interest Only period, your repayments will increase to cover Principal and Interest components. During an Interest Only period, your Interest Only payments won't reduce your loan balance unless you choose to make additional repayments. We have different rates that apply, depending on whether you are making Interest Only payments or Principal and Interest repayments. The maximum Interest Only payment period over the life of a loan is 10 years for Investment Home Loans and 5 years for Owner Occupied Home Loans, so long as there is at least 5 years remaining on the Contracted Loan Term. Only monthly payments are available for Interest Only. # You can choose to pay Principal and Interest weekly, fortnightly, or monthly. ^ CommBank My Property won the 2019 ABA Winner for New Product Innovation in The Australian Brand Awards 2019. Applications are subject to credit approval, conditions, fees and charges apply. ~ Based on CBA Market share derived from APRA Monthly Authorised Deposit-taking Institution Statistics, other Regulatory system credit balance data and CBA data. The current reference rates can be found here.ģ At the end of the fixed rate period, the interest rate converts to the applicable Standard Variable Rate relevant to your loan purpose and repayment type at that time, less any applicable package discount specified in your Loan Contract.

Mobile home loan rates calculator full#

It cannot be established in the name of a business or family investment trust. Please refer to the Wealth Package Fact Sheet and Package Terms and Conditions for full details.Ģ Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. The package can be established in the name of one or two individual’s name/s, or in the name of a corporate entity. A non-refundable annual fee of $395 is payable in advance. Eligible home loans include: Standard Variable Rate home loan, Fixed Rate home loans and Viridian Line of Credit. Package lending balance is the sum of the account balance of eligible home lending accounts and the credit limit of Viridian Line of Credit accounts that you have with us at the time you apply for Wealth Package. 1 To apply for a Wealth Package, you must have an eligible home loan or line of credit with an initial package lending balance of at least $150,000 at the time of your application.