Home Loan - iSelect Ltd

Why are you looking at Home Loans today?

Buy my first home

Buy my next home

Buy an investment property

Renovate an existing home

Consolidate my debt

Reduce my current home loan repayments

Have you found the property you wish to purchase?

Yes, I've signed a contract

Yes, I want make an offer

No, I am still looking for the right property

When do you plan to purchase your property?

0 - 3 months

4 - 6 months

7 - 12 months

How much are you looking to spend?

Please enter the amount you are looking to spend

How much would you like to borrow?

Please enter the amount you are looking to borrow

Do you have an existing home loan?

Yes

No

Estimated value of your property

Please enter the estimated amount of your property

This is the estimated value of the property or your properties linked to this home loan.

What is remaining on your home loan amount?

Please enter the remaining amount on your home loan

How much extra would you like to borrow?

Please enter the extra amount you are looking to borrow

Sorry, the amount you are looking to
borrow plus your loan amount cannot
be equal or exceed property value

What would you like to consolidate with your home loan? Car Loans

Personal Loans

Credit Cards

Other

Current interest rate

Rate should be less than 100 or greater than 0.09

Select all that apply

Redraw Facility

Redraw Facility - A redraw facility allows you to withdraw funds from your home loan if you have made additional repayments. Your lender will have specific redraw conditions that may include a minimum amount and a transaction fee.

Offset Account

Offset account - A transaction account that is linked to your home loan. The home loan lender subtracts the balance of this account from the remaining home loan value when calculating your interest payable. This offers the convenience of a transaction account to access your funds but the added benefit of reducing the interest payable on your home loan.

Make Extra Payments

Make extra repayments - The ability to make additional payments on your home loan above your contracted amount. The more you pay in addition to your minimum repayments, the sooner you will repay your loan and the less interest you will pay.

Split Loan

Split Loan - A loan that is split into two loan types; a fixed rate loan and a variable rate loan. Different rates of interest are paid on each loan and each loan is also entitled to different features. Customers sometimes use this option as it provides certainty on the fixed rate portion and flexibility on the variable rate portion.

No Ongoing Fee

No Ongoing Fee - Some lenders charge monthly or annual fees to cover the cost of managing your home loan. Some lenders however offer home loans that waive this ongoing fee.

Line of Credit

Line of Credit - A line of credit is a flexible loan, which allows borrowers to access equity in their home without having to apply for a new loan.