Key Features |
|
Interest rate |
7.05% pa (variable) |
Comparison interest rate* |
7.09% pa |
Loan term |
Maximum 30 years |
Loan amount 1 |
Maximum 95% of the valuation of the property |
Lender’s mortgage insurance 1 |
Required if loan amount exceeds 80% of the valuation of the property |
Benefits |
|
Extra repayments |
Make extra repayments on your loan to help you save on interest and reduce the term of your loan. |
Redraw facility |
Access any extra repayments you have made to your loan, providing there is a minimum of $1,000 available. |
Repayment holiday2 |
Apply for a repayment holiday in exceptional circumstances when your loan is in advance. Conditions apply. |
Early payout |
Pay your loan out early without penalty. |
Split loan |
Split your home loan into two by choosing to lock any proportion into a Fixed Rate and leave the remainder as any of our variable rate products. |
Family equity mortgages3 |
A low cost way into the property market, with little or no deposit by using equity in the family home to avoid Lender’s Mortgage Insurance. Conditions apply. :: click here for more information |
Fees and Charges |
|
Ongoing fees |
Nil – Unicredit do not charge ongoing monthly or annual fees. |
Establishment fees 4 |
$200 once only establishment fee |
Loan switching fees |
$175 |
Redraw fee |
Nil – minimum redraw amount $1,000. |
The Classic Plus home loan allows you to make extra repayments at your convenience, without penalty, which can save you money on interest and give you a redraw option. This loan is available for owner/occupier and investment property loans.
Speak to a Lending Consultant –
- You can speak to a Lending Consultant Monday to Friday, 8.30am to 4.30pm by calling Unicredit on 9389 1011 or email enquiries@unicredit.com.au.
- You can also make an appointment with a Lending Consultant to discuss your loan requirements anytime during office hours.
Mortgage protection insurance5 –
- By taking out loan protection insurance, you are protecting yourself from an unfortunate change in financial circumstances. Loan repayments will continue to be met should the borrower/s become involuntarily unemployed or unable to earn income due to an accident or illness.
- We recommend that you discuss the options available to you when you discuss your loan requirements with your Lending Consultant.
Home and contents insurance -
- Unicredit can provide you with a competitive quote for home and contents insurance.
- You can ask your Lending Consultant for a quote at any time, or indicate on your loan application for a quote to be provided.
Further product information –
Apply today –
Things you should know
All loan applications are subject to Unicredit's normal lending criteria. Fees and government charges apply, please refer to our Fees and Charges Schedule, by clicking on the link below or collecting from any Unicredit branch.
*Comparison rate is for a loan of $150,000 for a term of 25 years. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Comparison Rate Schedules are available from any Unicredit branch, or can be downloaded by clicking on the link below.
+Unicredit will lend up to 95% of the valuation of the property for owner occupier or investment property home loans (Loan to Valuation Ratio or LVR). Where the loan exceeds 80% of the property valuation, lender's mortgage insurance is required (LMI).
^Conditions apply. Repayment holidays are currently provided where a member is in advance on their minimum payments, to a maximum number of repayment periods that can be covered by the advance. Requests for repayment holidays must be made in writing to the Loans Manager.
#Conditions apply. Family equity mortgages should be discussed with a lending officer by calling Unicredit on 9389 1011.
~External fees such as government charges, settlement attendance and valuation fees apply. Please refer to our Fees and Charges Schedule.
The mortgage protection insurance product is issued by Swann Insurance (Aust.) Pty. Ltd. (Swann). ABN 80 000 886 680. An IAG Company. You can get a Product Disclosure Statement (PDS) for the product from any office of Swann or its representatives. You should consider the PDS in deciding whether to buy or hold the product.
This is general advice only and does not take into account your individual
objectives, financial situation or needs ('your personal circumstances').
Before using this advice to decide whether to purchase this insurance
policy, you should consider the appropriateness of it having regard
to your personal circumstances, plus obtain and consider the current
Product Disclosure Statement for the insurance policy.
