Investment jargon explained
Looking at investing? Here's a list of jargon you might come across in the process.
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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.
Features
Purchase residential or commercial property on commercial terms with our Self-Managed Super Fund 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
5.74%
Interest Rate
6.54%
Interest Rate
7.14%
Interest Rate
7.45%
Interest Rate
7.55%
Interest Rate
7.94%
Rates Effective From 20/06/2022
Non-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
6.04%
Interest Rate
7.38%
Interest Rate
7.94%
Interest Rate
8.19%
Interest Rate
8.34%
Interest Rate
8.49%
Rates Effective From 20/06/2022
|
||
|---|---|---|
| Interest Rate | ||
| Indicator Rate Residential Fully Drawn Loan | ||
| Indicator Rate Non-Residential Fully Drawn Loan | ||
Owner - Occupied
Investment
Interest Rate
4.34%
Interest Rate
5.29%
Rates Effective From 20/06/2022
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.
Fees
| Monthly Fee | $20 |
| Application, legal and associated fees | Available upon application |
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