Rate Slasher 90

Owner Occupied Home Loan

6.64% p.a. Variable

6.70% p.a. Comparison*

Up to 90% LVR plus LMI

THE BASICS
Rate.....	6.64% p.a. Variable 6.70%* p.a. Comparison
Purpose	Owner Occupied
Eligibility	Personal Company Unit Discretionary Trust
Minimum Amount	$50,000
Maximum Amount	$1,000,000 Max loan amount may vary depending on the loan purpose, postcode, and other factors Refer to your Reduce Finance Manager for loan amount policy
LVR	Min 80% Max 90% plus LMI for purchases, capped at 95% Max 90% including LMI for refinances LMI payable over 80% LVR
Loan Term	Up to 30 years
Rate Options	Variable
Available for Construction	Yes Add 0.25% $500 Construction Admin Fee $550 Upfront Progress Inspection Fee
FEATURES
Multiple Accounts	100% offset account available at $10/month Loan splits available
Redraw Facility	Yes. No minimum via electronic transfer
Account Access	Internet & Phone transfer access to nominated account
Statements	Half yearly
REPAYMENTS
Type	Principal & Interest
Frequency	Via Direct Debit - Weekly, Fortnightly or Monthly
Methods	Direct Debit Salary Credit
Additional Repayments	Variable Rate – Extra repayments may be made at any time without penalty
FEES
Application Fee	$440 Loans >$1M $0
Establishment Fee	$0
Third Party Valuation Fee	$250 Loans >$1M $0 up to $1,000
Third Party Legal Fees	$0 professional legal fee. disbursements payable Does not cover disbursements, government charges, funder's contract settlement fee & PEXA fee
Annual Fee	$0
Monthly Fee	$0 Optional offset account is $10/month
Settlement Fee	$480 Settlement fee includes up to $330 professional legal fee. disbursements payable. Loans >$1M $0 covering up to $330 professional legal fee. disbursements payable