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*
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