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LVR | Interest Rate | Comparison Rate |
<60% LVR | 5.34% pa | 5.41% pa |
60% LVR - <70% LVR | 5.39% pa | 5.46% pa |
70% LVR - 80% LVR | 5.44% pa | 5.51% pa |
80% LVR - <90% LVR | 5.49% pa | 5.56% pa |
Loan to Value Ratio (LVR) is the ratio or money you borrow compared to the value of the property used as security, as determined by the Bank. LVR value is determined at time of origination only.
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5. Family Support is available for borrowers, especially first home buyers with no deposit, who have an immediate family member that is willing and able to offer security, e.g. their own property, as Guarantor on the loan to secure a portion of the loan. The Guarantor's financial position should be such that they are able to meet their obligations under the guarantee. Non-Resident guarantors are not eligible.
6. Request a Home Loan Key Facts Sheet. All applications are subject to Australian Mutual Bank Ltd normal lending criteria. Fees and charges, terms and conditions apply.