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Equity Line Advantage

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Consolidate your finances, minimise your interest. The IMB Equity Line Advantage combines your home loan and everyday accounts in one so that your entire income works towards paying off your home loan. Your salary is paid directly into your IMB Equity Line Advantage reducing interest charged. You then simply draw out what you need to cover your living expenses.

  • Total mortgage flexibility
  • Minimise your interest
  • No account keeping fees*
  • Draw up to approved credit limit as you need it
Key features
Minimum loan amount $20,000
Maximum LVR Up to 90% of the property value
Maximum loan amount $1,000,000
Home loan period Up to 15 years. After 15 years the loan converts to a reducing credit facility.
Repayments Monthly / fortnightly / weekly
Additional Repayments Yes
Access Access is via Internet Banking, Phone Banking, Credit Card, IMB Branches, Cheque.
Split loan Available
Interest charges Calculated daily, charged monthly
Fees and charges View fees and charges
Mortgage offset account No
Loan Repayment Insurance Yes
  Customise your home loan package

* Transaction Fees apply. Normal IMB lending criteria, terms and conditions, fees and charges apply. Full loan terms and conditions are available upon request from any IMB branch or by calling 133 462, 8:00am to 8:00pm Mon-Fri, or 9:00am to 4:00pm Saturday. This comparison rate is based on a $150,000 secured home loan over 25 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. A comparison rate schedule is available from IMB branches or at www.imb.com.au

 
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