Pay off your Home Loan Sooner!
TDB has reviewed its home loans to offer you an even better Packaged Home Loan than before!
- Free Redraw facility
- Pre-approved Cash Rewards Visa Credit Card (up to $5,000) with no monthly fee
- Free and unlimited nab ATM and rediATM transactions on Visa Debit card
- Free and unlimited purchase transactions - press Credit or payWave
- Free Corporate cheque and Member cheque transactions
- Free 100% Mortgage Offset Account
- No penalty for extra repayments or early payout
8.00% pa
interest rate
| Residential and rental | |
|---|---|
| Rates | |
| Variable Interest Rate | 8.00% pa |
| CRR B | 8.50% pa |
| CRR C | 9.00% pa |
| Features | |
| Minimum Amount | $5,000 |
| Deposit | Variable according to loan size but not less than 10% of total cost |
| Security | The house and to include a mortgage on land where house is to be built. Other assets as security. |
| Maximum Term in Years | Maximum terms of 12 years, but shorter term is better. |
| Repayment percentage SD | Normally by salary deduction with 50% salary deduction allowed, 60% can be considered depending on total salary and other reliab |
| Fees | Can be charged to account. |
| Disbursement | Direct to supplier or contractor |
| Quotation of costs | There must be two quotations from two different builders or contractors, for more realistic estimates. |
* Lending criteria apply. Fees, charges, terms and conditions apply. Stamp duty and government charges may apply. Offer effective from 1 August 2014. Any legal and valuation fees will be charged at cost. Once the fixed period ends, the loan will revert to a discounted variable rate. Rate is subject to change. The interest rate is based on the amount at funding. # Comparison rates are calculated on a loan amount of $150,000 over a term of 25 years. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Before acting on the advice, consider its appropriateness. You should read and consider the Account and Access Facility – Conditions of Use document and Financial Services Guide before deciding whether to acquire any product mentioned.
