ANZ Priority 3-Month SOR Housing Loan

 

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Min. Loan
$300,000

5yrs Ave. Rate
1.68%

Review on ANZ Priority 3m SOR Housing Loan

Pros
Low interest rate of +0.85% p.a. for fixed component of loan package throughout loan term
Legal fees subsidy for refinancing

Cons
SOR more volatile
Subject to fluctuations in 3m SOR rate
Only applicable to Priority customers

 

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Details

Interest Rate^
1st year 3m SOR + 0.85% p.a.
2nd year 3m SOR + 0.85% p.a.
3rd year 3m SOR + 0.85% p.a.
Thereafter 3m SOR + 0.85% p.a.
5yrs Ave. Rate 1.68% p.a.

^ Interest Rate based on latest 3 Month SOR and assuming it stays the same for first five years

Package available for priority customers only (Placement of $150,000)

Legal fee subsidy of 0.40% of loan capped at $2,300

Free valuation and 1 year fire insurance

Rates are pegged to SOR

Rates are reviewed every 3 months

Minimum loan amount of $300,000

No Lock-In period

New/re-financing owners are eligible

 

Make a loan enquiry about this ANZ Priority 3m SOR Housing Loan

 

Comments on ANZ Priority 3m SOR Housing Loan

 

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