Briding/Interest Only Loan

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Bridging Loan
You've decided where you want to move, but you haven't settled on the sale of your old address. With your cash tied up, you would normally have to let the opportunity go, but we can help you bridge the gap.

Bridging Loans are for 12 months only.

Interest Only Loan
Some members purchasing investment properties like to pay interest only if the property is to be negatively geared. Interest only loans are maximum of 5 years.

No monthly account keeping fees.

You can “top up” or add to an existing loan very easily.

You can make extra repayments at any time.

Investment Loan Interest Rates:

Product Type	Annual % Rate	Comparison Rate*
Bridging Loan	7.23% pa	7.28% pa

Warning:
This comparison rate applies to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
*Comparison rate based on a $200,000 loan over 25 years. Based on monthly repayments. Loan secured by mortgage.

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