Equity Line Advantage
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

| 6.94% p.a. Interest rate |





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