Manning Lending Solutions

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Home Loan Variable: 5.20% (5.24%*) • Home Loan Fixed: 5.48% (6.24%*) • Fixed: 5.48% (6.24%*) • Variable: 5.20% (5.24%*) • Investment IO: 5.78% (6.81%*) • Investment PI: 5.49% (6.32%*)

  Property Investment Mortgage Interest Only 1 year

Allows you to make Interest Only payments towards your investment home loans for 1 year.
Category: Home Loans  Last Updated April 30, 2024  Effective May 3, 2024

 General Lending Rates

Rates listed below are for a FIXED INVESTMENT Interest Only product. Additional Information
Interest Rate
6.75% PA
Comparison Rate
6.28%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  INVESTMENT, VARIABLE, 6.75%
  • Lending Rate Type: Variable
  • Interest Rate: 6.75%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment

 Product Features

  • Redraw
  • Offset
  • Unlimited Txns
  • Digital Banking
  • Npp Enabled
  • Npp Payid
  • Notifications
  • Other Additional Information: Additional repayments. Unlimited additional repayments and early payout options. Early payout incurs break costs.
  • Other Additional Information: Automatic Repayments can be set up from salary, LCU account, or external account
  • Other Additional Information: Flexible repayments. Weekly, fortnightly or monthly
  • Other Additional Information: No ongoing Fees. No annual, monthly or weekly fees
  • Other Additional Information: Split Loans. Have the flexibility to split your loan between fixed and variable products
  • Other Additional Information: Interest calculated daily and applied monthly
  • Other Additional Information: Repayment type Interest Only

 Product Eligibility

  • Natural Person
  • Residency Status - At Least One Borrower Must Be An Australian Resident. .
  • Min Age - 18.
  • Employment Status - Income Required To Service Loan. Applicant Must Meet Lcu Lending Criteria. Additional Information:
  • Other Additional Information: Security on Australian Residential Property (1st mortgage)
  • Other Additional Information: Maximum borrowing capacity (LVR) is 80% of valuation, 70% for land or rural properties, with no LMI or 95% with LMI
  • Other Additional Information: 1 year
  • Other Additional Information: Maximum loan term. Loan will be renegotiated at the end of the term - max 30 years.

 Bank Fees and Charges

  • Valuation Fee (Variable), Amount: 0.00.
  • Solicitors Fees (Variable), Amount: 0.00.
  • Registration Fees (Variable), Amount: 0.00.
  • Pexa Electronic Lodgement Fee (Variable), Amount: 0.00.
  • Contract Variation Fee (Event), Amount: 200.00.
  • Mortgage Discharge Fee (Event), Amount: 200.00.
  • Mortgage Discharge Solicitors Fee (Variable), Amount: 0.00.
  • Ipex Transfer Fee (Variable), Amount: 0.00.
  • Bank Cheque For Settlement (Variable), Amount: 0.00.
  • Lenders Mortgage Insurance (Variable), Amount: 0.00.
  • Other Certificates And Reports (Variable), Amount: 0.00.
  • Land Title Search (Variable), Amount: 0.00.
  • Consent For A Second Mortgage (Variable), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Min Limit of 50000.00
  • Max Limit of 2800000.00

Download our complimentary 40-page First Home Buyer Guide to help you with your First Home purchase.

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