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Our BreakTHRU Home Loan puts you in control. It combines a fully featured home loan with all the benefits of a 100% redraw offset account and lets you see at a glance what you owe and what you own because the offset balance is shown separately.

If you are a First Home Buyer with little or no savings - you can use a gift from family or friends to help make up your deposit (Max LVR - 90%).

Product Details

Key Features

Loan Purpose: To purchase or refinance an owner occupied or investment residential property.
Borrower Type: Available to borrowers providing full supporting documentation and evidence of income.
Loan Term: 30 Years
Minimum Loan Amount: $50,000
Maximum Loan Amount: $1,000,000
Maximum LVR: 90%
Mortgage Insurance: $0 for any loan amount when the LVR is less than 80%. Otherwise payable by borrower.
Mortgage Insurance Capitalisation: Yes, you can add your LMI premium to your loan facility rather than paying it upfront. This is subject to the loan facility amount (including LMI premium) not exceeding 90% LVR.
Interest Calculation Calculated on the daily balance and debited monthly in arrears.

Other Features

Extra Repayments true
Redraw Facility Available as required via phone and internet banking at no cost.
Repayment Frequency Weekly, fortnightly or monthly.
Internet & Phone Banking Yes
Debit Card Yes
Interest Only Period Yes, up to 10 years. Minimise your repayments and free up cash by paying interest only.
Suitable for Overseas Borrowers: Yes
Suitable for Self Employed:
Additional Information:


Establishment Fees $75
Ongoing Fees None
Valuation Fees $264
Discharge Fees $300
Lenders Legal Fees $350
Early Repayment Fees None
Redraw Fees Not Applicable

What you need to know:
Terms and conditions, fees and charges, normal lending criteria apply. Details available on request.

Comparison rates are based on a loan of $150,000 over 25 years.

Warning: The comparison rate is true only for the example or examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate. A comparison rate schedule can be found on our website.

When considering which is the best home loan for you, mortgage rates are indeed important but you also need to look at your overall situation and what flexibility you need as well as any related fees initial or ongoing fees.