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Hume's Standard Variable Rate Home Loan provides a range of flexible features to suit life’s changes, offering a competitive interest rate with the ability to make extra payments and a 100% offset account, helping you pay off your home loan faster by saving you interest.
Key Features
Account keeping fee
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Zero
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Max loan term
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30yrs
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Max LVR (Loan to Value Ratio)
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97%
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Lenders Mortgage Insurance
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Is generally required if amount borrowed is more than 80% of the valuation of the security property |
Repayment frequency
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Weekly/fortnightly/monthly |
Repayment method
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No restrictions |
Additional repayments
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Accepted any time - no penalty |
Redraw facility
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Yes
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Available for construction loan
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Yes |
Interest only option
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Yes
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| 100% offset account |
Yes, read more here |
Free linked transaction account
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Yes (terms and conditions apply)
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Purpose
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Owner occupied or investment use
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Split loan
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Yes. You can have this loan as a standalone loan or as part of a split-loan.
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Things you must read
Interest rate correct as at 01/09/2010 and subject to change without notice. Terms, conditions, fees, charges and normal lending criteria apply. Comparison rate based on a secured loan of $150,000 over 25 years. Warning: The comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate.
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