Balanced Alternative 7.15%

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7.15%

Sick of monthly fees, uncompromising repayment options and an LVR that's just not working for you? Australian Financial has the Alternative!

7.15% variable rate
NO application fee
Borrow up to 95% of the loan
In-House credit team to ensure your loans is looked at within 48 hours*!

Frequently Asked Questions

What is the Loan Value Ratio (LVR)?

95% LVR + LMI (Lenders Mortgage Insurance): Construction, House & Land Packages and Owner Occupied
90% + LMI: Investment, Debt Consolidation and Refinance; and
85% + LMI: Go-Between Finance

Is it interest only or principal and interest?

You have the option of either interest only repayments for 10 years or principal and interest for the life of the loan. You can elect to switch between the two options throughout the life of the loan.

Can I make voluntary repayments at any time?

Yes you can! You may make voluntary repayments at any time.

Note: if you change your loan to a fixed interest rate, you are limited to $20,000 p.a.

How much can I borrow?

Depending on your individual circumstances, you may borrow as little as $50,000 with the maximum loan amount is restricted to the property, mortgage insurance and loan purpose.

How long will I have my loan for?

You can apply to have the loan from 5 to 30 years depending on what you require.

How can you write this?

This loan is exclusive to Australian Financial Brokers. Talk to your mortgage broker today to see if they are accredited with Australian Financial, otherwise send us an email and we would be happy to get you in touch with one of our accredited brokers. If you are a mortgage broker, please login to our broker only section and download an application form today!

Terms & Conditions

*does not include public holidays or weekends.

Variable rate only. Subject to underwriting and other credit policies and if required, mortgage insurance. Available only through an accredited Australian Financial approved broker. Lo-Doc, Secured Visas, Lines of credit, offset and other product features may incur an increased interest rate or additional fees. Subject to fees and charges, such as but not limited to valuation fee and solicitors fees.