| In this issue: - Introducing the Homeloans Combo Loan
- Key Facts Sheet
- Merry Christmas and Happy New Year
|
| Introducing the Homeloans Combo Loan |
Homeloans Combo Loans from 5.99%*
Homeloans is offering savings of up to 0.25% on split loans,
meaning the Homeloans Ultra Plus is available from just 5.99% p.a.
(one, two or three-year fixed).
Fix up to 50% and save 0.15%, and combine this with a
further saving for loans of 75% LVR and below*, to save a total of
0.25%. Plus, we have amazingly low variable rates from 6.29% p.a.
|
| Fix up to 50% | <=75% LVR loans* |
Combination: Fix up to 50% <=75% LVR
|
| 1-3 year fixed rates | Save 0.15% | Save 0.10% | Save 0.25% |
Homeloans
Ultra Plus | 6.24%* | 6.09%* | 6.14%* | 5.99%* |
| comparison rate | 6.69%^ | 6.65%^ | 6.59^* | 6.55%^ |
| Homeloans Ultra | 6.39%* | 6.24%* | 6.29%* | 6.14%* |
| comparison rate | 6.59%^ | 6.53%^ | 6.47%^ | 6.43%^ |
| |
| <=75% LVR loans* |
| | Variable rates
| Save 0.10% |
| Homeloans Ultra Plus | 6.39% | 6.29% |
| comparion rate | 6.76% | 6.60% |
| Homeloans Ultra | 6.54% | 6.44% |
| comparison rate | 6.62% | 6.52% |
Click here to download a PDF copy of Homeloans Combo Pack flyer.
For more information, talk to your Homeloans BDM
*Conditions Apply. This offer is available for a limited time and may be removed at any time without notice. Interest rates quoted are effective 22 December 2011. Offer is only available on Full doc Homeloans Ultra and Homeloans Ultra Plus term loans. *0.10% discount for loans of <=75% LVR applies to loan values of $200,000 and above. ^Comparison rate is based on a loan of $150,000 over 25 years and a fixed rate term of three 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.
Homeloans Limited. ABN 55 095 034 003. Australian Credit Licence Number 247829.
From 1 January 2012, as part of the National Consumer Credit Protection (NCCP) Act, a customer seeking a home loan may request a Key Facts Sheet (KFS). The KFS is designed for customers to compare the home loans of different lenders in a standardised format that will help them choose the right loan for them.
Homeloans has developed its own Key Fact Sheet calculator templates for those loans that are subject to the legislation (see ‘Inclusions’ in below table).
To access the KFS calculator and Fact Sheets, please go to Loanzone, the Homeloans website or contact Client Services on 1300 78 78 74 from 1 January 2012.
Loans included in the KFS legislation and Loans not included. | Inclusions | Exclusions |
Term Loans
| Line of Credit
|
Principal & Interest
| Interest Only
|
Fixed or Variable
| Go-Between Loans
|
Construction Loans
| Visa Cards
|
To produce a KFS simply select the appropriate product and enter the proposed loan amount, interest rate and expected loan term. The KFS will then provide a summary of key facts about their propose loan such as;
- A personalised comparison rate;
- The estimated costs of the home loan; and
- Explanations as to what may occur if rates increase or a customer rolls from a fixed rate.
Note: To access the KFS calculator and letter templates, simply log on to Loanzone, click on ‘Calculators’ in the ‘Calculators & Forms’ tab and then click on Key Fact Sheet Calculator. This will result in the KFS calculator appearing on screen and you can then proceed to input the required data (you must input data into all fields). Once all data is entered, click of the field ‘View KFS’ located at the bottom of the KFS calculator and you will be able to view and print the KFS.
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