This calculation is for commercial purposes only (CTP). Based on 19.95% interest rate over a 7 year term.
The calculated value includes a $395 establishment fee and a $990 origination fee. Subject to change.
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Calculations are estimates provided as a guide only. The calculations take into account estimated fees only.
Fees, charges or other amounts that may be charged to your loan (such as establishment or monthly service fees or stamp duty) are subject to change.
Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements.
Conditions apply to all loan options. Full terms and conditions will be set out in our loan offer, if an offer is made.
Any mortgage calculations assume interest rates do not change throughout the loan and are calculated on the rate that applies for the initial period of the loan
(e.g. for fixed rate options, the repayments are for the initial fixed rate period only). If you are borrowing more than 80% of the value of the property, Lenders Mortgage Insurance or Low Deposit Premium may apply.
Any of these additional amounts will increase repayments under the loan.