ANZ Break Free - Professional Package Loans

Main Features and Fees...

 
Company
Interest Rate Enquire Here
Products Available Standard Variable, Equity Manager, Fixed Rates
Offset Account Yes for variable, not for fixed rates
Redraw Facility Yes, free and $2K minimum, No for fixed rates
Extra Repayments Yes, 5 km maximum for fixed rates                                              
Lump Sum Repayments Yes, 5 km maximum for fixed rates     
Product Change Yes. $350 fee applies
Portability Product selected
Construction Product selected, progress payment $250
Split Loan Facility Maximum 5 loans under one package
Principle and Interest Payments Yes, No for equity manager
Interest Only Payments Yes, up to 10 years for variable
FEES  
Upfront Fees Nil
Ongoing Fees $375 yearly
Early Exit Fees $700 in the first 4 years. Break fees apply for fixed rates
Discharge of Mortgage Fees $160


Notes

The Professional Mortgage Benefits, discounts for lending over $250K is calculated based on Total Lending with ANZ Mortgages, rather than individual loan size. For lending <$250k the discounts are applied based on individual loan size.

As per standard policy  Fixed Rate Loans and Loans in a Company Name lending are not eligible for discounts, however these can contribute to the $250K total lending eligibility measure. Simplicity Plus is also ineligible and does NOT contribute to total lending,

Professional Mortgage Benefits Package Discounts

Standard Variable Rate Home Loan, Standard Variable Rate Investment Loan, Equity Manager Facility, ANZ Standard Variable Rate Land Loan, ANZ Standard Variable Rate Investment Land Loan.

Discounts applicable on Individual Loan Size & Aggregate lending

Discount of 0.25% where individual loan size is $100K<$150K

Discount of 0.50% where individual loan size is $150K<$250K

Discount of 0.60% where aggregate lending is $250K<$700K  *ANZ does consider pricing request for 0.7% for lending above $500k, refer BDM for details*

Discount of 0.70% where aggregate lending is >$700K



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