SMSF Fully Drawn Loan
Use your retirement savings as equity to purchase an investment property through your Self-managed Super Fund with a Company Trustee.
About this Rate
Features
Purchase residential or commercial property on commercial terms with our Self Managed Super Fund (SMSF) Fully Drawn Loan. Features include:
- People first service from your own Business Banking Lending Specialist
- Variable or fixed interest rate options
- Preferred minimum loan amount $250,000
- Loan terms up to 25 years with residential security and up to 15 years with commercial security
- Principal and interest repayments on all security types
- Repayments are monthly in arrears
Rates
Residential Security
|
||
|---|---|---|
| Interest Rate | ||
| Variable | ||
| 1 Year Fixed | ||
| 2 Years Fixed | ||
| 3 Years Fixed | ||
| 4 Years Fixed | ||
| 5 Years Fixed | ||
Owner - Occupied
Investment
Interest Rate
8.74%
Interest Rate
8.69%
Interest Rate
8.49%
Interest Rate
8.29%
Interest Rate
8.29%
Interest Rate
8.19%
Rates Effective From 21/11/2023
Non-residential Security
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||
|---|---|---|
| Interest Rate | ||
| Variable | ||
| 1 Year Fixed | ||
| 2 Years Fixed | ||
| 3 Years Fixed | ||
| 4 Years Fixed | ||
| 5 Years Fixed | ||
Owner - Occupied
Investment
Interest Rate
8.99%
Interest Rate
9.69%
Interest Rate
9.49%
Interest Rate
9.29%
Interest Rate
9.29%
Interest Rate
9.19%
Rates Effective From 21/11/2023
Eligibility
- SMSF Trustee must be a Company and separate from the Property Trustee
- Property Trustee must be a Company and separate from the SMSF Trustee
- Maximum loan to valuation (LVR) ratio is 80% for residential property and 70% for commercial property.
What is a Self-managed Super Fund?
How does and Self-managed super fund work and how do you get a Self-managed Super Fund set up?
Fees
| Monthly Fee | $20 |
| Application, legal and associated fees | Available upon application |
Research tools
Our Business Banking Specialists are available to answer any of your questions, so you can choose the product that best suits your needs. They can also help with setting up your business account, internet banking and lots more. Tap here for live assistance.