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Home Loan Interest Rates (owner occupied)

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Interest rates shown are for new owner occupied loans on principal and interest repayments. Different interest rates will apply for loans with interest only repayments from 29 September 2017. Read more

Variable Home Loan Rates

  Interest Rate p.a. Comparison Interest Rate p.a.#
Accelerator Home Loan $300,000 + (owner occupier loan amount less than 90% of the property value) 3.84% 4.58%
Budget Home Loan (≤80% LVR and other terms & conditions apply∞+) 3.79% 3.84%
Budget Home Loan (owner occupier loan amount less than or equal to 90% of the property value)+ 3.97% 4.02%
Budget Home Loan (owner occupier loan amount greater than or equal to 90% of the property value)+  4.39%  4.44%
Essentials Home Loan (owner occupier loan amount less than or equal to 90% of the property value)+  4.19%  4.19%
Essentials Home Loan (owner occupier loan amount greater than 90% of the property value)+  4.41%  4.43%
Introductory Variable Home Loan (owner occupier)*+  4.19%  4.93%
Discount Split Home Loan (owner occupier)^  3.84%  4.92%
Standard Variable Home Loan (owner occupier)  5.19%  5.24%
Equity Line Advantage (owner occupier)+  5.39%  N/A
Lo Doc Loan (owner occupier)+  5.39%  5.14%
Home Basic P&I (No longer available for new business) 4.52% 4.59%
Premium Home Loan Package (No longer available for new business) 4.29% 4.67%

Fixed Rate Home Loan

Term Interest Rate p.a. Comparison Interest Rate p.a.#
1 Year (owner occupier loan amount less than 90% of the property value) 4.29% 4.93%
1 Year (owner occupier loan amount greater than 90% of the property value) 4.54% 4.96%
2 Years (owner occupier loan amount less than 90% of the property value) 3.95% 4.82%
2 Years (owner occupier loan amount greater than 90% of the property value) 4.19% 4.86%
3 Years (owner occupier loan amount less than 90% of the property value) 3.99% 4.75%
3 Years (owner occupier loan amount greater than 90% of the property value) 4.54% 4.90%
4 Years (owner occupier loan amount less than 90% of the property value) 4.39% 4.82%
4 Years (owner occupier loan amount greater than 90% of the property value) 4.74% 4.94%
5 Years (owner occupier loan amount less than 90% of the property value) 4.49% 4.82%
5 Years (owner occupier loan amount greater than 90% of the property value) 4.74% 4.93%

Platinum Package Variable Home Loans

  Interest Rate p.a. Comparison Interest Rate p.a.#
$150,000 + (owner occupier loan amount less than or equal to 90% of the property value)+ 4.69% 5.08%
$150,000 + (owner occupier loan amount greater than 90% of the property value)+ 4.69% 5.08%
$250,000 + (owner occupier loan amount less than or equal to 90% of the property value)+ 4.54% 4.94%
$250,000 + (owner occupier loan amount greater than 90% of the property value)+ 4.69% 5.08%
$500,000 + (owner occupier loan amount less than or equal to 90% of the property value)+ 4.44% 4.84%
$500,000 + (owner occupier loan amount greater than 90% of the property value)+ 4.69% 4.84%
Package Equity Line (owner occupier)@+ 4.99% N/A

Platinum Package Fixed Rate Home Loans

  Interest Rate p.a. Comparison Interest Rate p.a.#
1 Year (owner occupier loan amount less than 90% of the property value)+ 4.19% 5.01%
1 Year (owner occupier loan amount greater than 90% of the property value)+ 4.39% 5.03%
2 Years (owner occupier loan amount less than 90% of the property value)+ 3.85% 4.88%
2 Years (owner occupier loan amount greater than 90% of the property value)+ 4.09% 4.92%
3 Years (owner occupier loan amount less than 90% of the property value)+ 3.89% 4.80%
3 Years (owner occupier loan amount greater than 90% of the property value)+ 4.39% 4.93%
4 Years (owner occupier loan amount less than 90% of the property value)+ 4.29% 4.85%
4 Years (owner occupier loan amount greater than 90% of the property value)+ 4.59% 4.96%
5 Years (owner occupier loan amount less than 90% of the property value)+ 4.49% 4.85%
5 Years (owner occupier loan amount greater than 90% of the property value)+ 4.59% 4.93%

Rates Effective 17 July 2017

∞ Offer available for a limited time from 15/05/2017 and may be withdrawn at any time. This offer is available for new owner occupier loans ≤80% of the property value, with principal and interest repayments and an IMB Transaction Account must be opened with the loan. Minimum loan size $75,000. Lending criteria, terms and conditions, fees and charges apply. A higher rate applies where your loan (inclusive of any capitalised costs e.g. Mortgage Protection Insurance) is > 80% of the property value or interest only repayments.
*Offer is available for the first twelve (12) months of the loan, then converting to another discounted variable rate.
^This loan is a combination of a Discount Split Home Loan and a Fixed Rate Home Loan. The variable rate portion of the loan is discounted for the first twelve (12) months before it reverts to a Reward rate with a 0.25% discount off the standard variable rate. The fixed rate must be taken out for a fixed term of at least three (3) years, with a loan amount equal to the discounted variable rate loan portion.
~Interest rates for variable rate home loans under the Platinum Package are based on 'total package borrowing' at the time the loan is taken out. 'Total package borrowing' is the total of the balances on your home loan accounts under the Platinum Package and credit limit of any Package Equity Line. Any additional repayments that you make will reduce your total package borrowing.
≈24 months after settlement, loan converts to a .50% discount off the standard variable rate. Minimum loan size $300,000.
+For new funds ONLY. Not available as a switch from another home loan option.
@ IMB's Platinum Package allows you to split your loan with a Package Equity Line, provided the variable or fixed rate loan portion is a minimum $75,000.
# The comparison rate is based on a $150,000 secured loan for a term of twenty five (25) years for all home loans.
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.
Interest rates are indicative only and are subject to change.
Interest on all loans is calculated on the daily balance at a daily rate equivalent to the annual rate divided by 365.
Normal IMB Lending criteria terms and conditions, fees and charges apply. Details of the relevant terms and conditions and other information are available at your nearest IMB branch. Note: All mortgage and personal credit line products listed above are only available in New South Wales, Queensland, Victoria, Australian Capital Territory, Western Australia and South Australia; Australia. 

 

 

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