Compare our products
|
SmartFit
|
SmartFix
|
SmartSaver
|
SmartDoc
|
SmartDoc Fix
|
SmartDoc Plus
|
|
Home loan with a variable rate and 100% offset |
Home loan with a rate fixed for 1 to 5 years and 100% offset |
No frills home loan with a low rate and no monthly fees |
Lo Doc home loan with a variable rate and 100% offset |
Lo Doc home loan with a rate fixed for 1 to 5 years and 100% offset |
Lo Doc home loan with a variable rate and 100% offset.
Does not require LMI.
|
| Show all |
Hide |
Hide |
Hide |
Hide |
Hide |
Hide |
| Interest rate |
6.76%
|
6.18%
6.17%
6.34%
6.69%
6.89%
|
6.66%
|
7.84%
|
7.18%
7.17%
7.34%
7.69%
7.89%
|
8.09%
|
| Comparison rate |
6.94%
|
6.88%
6.82%
6.81%
6.91%
6.99%
|
6.73%
|
8.02%
|
7.94%
7.87%
7.86%
8.96%
8.04%
|
8.27%
|
| Rate type |
Variable rate |
Fixed rate |
Variable rate |
Variable rate |
Fixed rate |
Variable rate |
| Application fee |
$795 |
$795 |
$795 |
$795 |
$795 |
$795 |
| Monthly administration fee |
$10 |
$10 |
Nil |
$10 |
$10 |
$10 |
| Lenders Mortgage Insurance (LMI) |
if loan to property value exceeds 80% |
if loan to property value exceeds 80% |
if loan to property value exceeds 80%
|
if loan to property value exceeds 60% |
if loan to property value exceeds 60% |
if loan to property value exceeds 60%
|
| Offset facility |
full offset |
full offset
|
not available
|
full offset
|
full offset
|
full offset
|
| Redraw |
|
|
|
|
|
|
| Online and Phone Banking |
|
|
|
|
|
|
| Repayment options |
Principal & Interest
Interest Only
|
Principal & Interest
Interest Only
|
Principal & Interest
Interest Only
|
Principal & Interest
Interest Only
|
Principal & Interest
Interest Only
|
Principal & Interest
Interest Only
|
| Extra repayments allowed |
Unlimited
|
up to $20,000 p.a
|
Unlimited
|
Unlimited
|
up to $20,000 p.a
|
Unlimited
|
| Loan term |
5 to 30 years
|
5 to 30 years
|
5 to 30 years
|
5 to 30 years
|
5 to 30 years
|
5 to 30 years
|
| Maximum loan to property value (LVR) |
95%
|
95%
|
95%
|
80%
|
80%
|
70%
|
| Bridging finance available |
|
|
Not available
|
|
|
|
| Available for cash out / equity release |
|
|
maximum $20,000
|
subject to LMI requirements
|
subject to LMI requirements
|
Not available
|
Important information about comparison rates: The comparison rates displayed are calculated for a loan amount of $150,000 over a 25 year loan term. All SmartFix rates are calculated on the basis that they roll to the variable SmartFit rate at the end of the initial term. All SmartDoc Fixed rates are calculated on the basis that they roll to the variable SmartDoc rate at the end of the initial term. All comparison rates are calculated with a nil offset balance.
Warning: This comparison rate applies only to examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Terms, conditions, fees and charges apply. All information is correct as at 9th May 2012 and is subject to change. Full details available on application. Lending criteria apply. Adelaide Bank a Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178. Australian Credit Licence/AFSL 237879. 169 Pirie Street, Adelaide SA 5000.