IMB Bank - Fixed Rate Home Loan
Fixed | Fixed for 3 years | Owner Occupied | Principal & Interest | LVR up to 95% (with LMI) | Borrowing more than $10,000
The IMB Bank Fixed Rate Home Loan offers an advertised interest rate of 5.69% p.a. and a comparison interest rate of 6.23% p.a.. The IMB Bank Fixed Rate Home Loan is suitable for Owner Occupiers with Fixed terms.
More IMB Bank Fixed Rate Home Loan details can be found below or visit IMB Bank to learn more or apply.
A Fixed rate loan for Owner Occupiers repaying the Principal & Interest with an advertised interest rate of 5.69% p.a. and a comparison interest rate of 6.23% p.a.
Advertised Rate
5.69% p.a. Fixed - 3 years
Comparison Rate
6.23% p.a. Fixed - 3 years
Application Fee
$449 one off
Loan To Value
95%
Interest
Rate Type
Fixed
Fixed Period
3
years
Advertised Rate
5.69% p.a.
Fixed - 3 years
Comparison Rate
6.23% p.a.
Fixed - 3 years
Calculation Frequency
Daily
Application Frequency
Monthly
Terms
Suitability
Owner Occupiers
Borrowing
$10,000
Term
1 to 30
years
Loan To Value
95%
Repayment
Type
Principal & Interest
Frequency
Monthly, Weekly, Fortnightly
Extra Repayments
Yes
Fees
Application Fee
$449
one off
Ongoing Fee
$6
per month
Discharge Fee
$350
per event
Early Repayment Fee
$0
per event
Split Loan Fee
$100
per event
Features
Redraw
Yes
Loan Offset
No
Loan Split
Yes
Who is the product designed for?
The objectives needs and financial situation describes consumers in the target market:
Objectives & Needs
A person who may require a credit facility:
- That is predominantly to purchase, renovate or improve a residential property for owner-occupier purposes (including construction), or access equity in residential property for another purpose that is not predominantly a business or investment purpose, or to refinance an existing home loan facility that is for any of these purposes.
- That either:
- Takes advantage of potential future decreases in an interest rate, and has flexibility to make additional repayments and/or repay the facility early (flexible facility).
- If the facility is not used for construction purposes, has certainty of repayments for a fixed period during which the person does not consider that they may want to make substantial additional repayments or repay the facility (certain facility).
- If the facility is not used for construction purposes, is split between a flexible facility and a certain facility.
- That, if the facility is used for construction purposes, the loan amount is drawn down progressively.
- That has access to a redraw facility.
- That, if the facility is not used for construction purposes and depending on the product option, has access to an offset facility.
Financial Situation
- A person who will have funds to make payment of fees, interest and repayments as and when such amounts become due and payable and, depending on the product option, will have funds available in order to benefit from the offset facility.
Australia - © 2023 Fair Comparison Pty Ltd
Savrr.com is a trading name of Fair Comparison Pty Ltd. The 'compare' pages of this website are provided by Fair Comparison Pty Ltd (ABN 48 647 552 958, credit representative number 530417) as a credit representative of QED Credit Services Pty Ltd (Australian Credit Licence 387856) to compare a range of credit card, home loan, personal loan, and car loan products. Fair Comparison Pty Ltd may receive a fee if users click through, apply and/or successfully acquire a loan or credit card product from or through a product provider.
Fair Comparison provides information relating to credit products offered by banks and other credit providers. We are not providers of loan, credit, or any other financial products. While we aim to provide information about a variety of products, we do not provide information about all products or product features available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific products. Should you choose to apply for a product which is listed, you will deal directly with the provider of the product or its broker/representative. We aim to provide useful and up to date information, but you should always carefully check product information with the product provider prior to applying for or taking out a credit product. If you are unsure, you should seek clarification from the product provider or independent financial advice.
Global - © 2023 Fair Comparison Ltd
Savrr.com is a trading name of Fair Comparison Ltd. The ‘compare’ pages of this website are provided by Fair Comparison Ltd to compare a range of online trading platforms and products. Fair Comparison Ltd may receive a fee if users click through, apply and/or successfully apply for an online trading account or product.
Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.