Bank of usHome Loan
FLEXICHOICE HOME LOAN
Offered by Bank of us
Apply Now
External provider application
Key Product Facts
Variable rate
7.11%
Fixed rate
7.54%
Comparison rate
7.32%
Product overview
MyHome is a Tasmanian Government initiative aimed at assisting eligible home buyers to build or purchase a home to live in. Under MyHome, an eligible home buyer?s home will be jointly purchased with?H
Is this product competitive?
There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.
Advertised rate
7.11%
Comparison rate
7.32%
How much would $50,000 cost?
Example repayments based on borrowing $50,000 at the displayed primary rate over the product's available maximum term.
Example amount
$50,000
Estimated repayment
$992.66/ month
Example term
5 years
Illustration only: this calculation assumes a constant rate and regular monthly principal-and-interest repayments. It does not include all fees, charges, insurance or other costs, and the actual repayment offered by the provider may differ.
Estimated total repayments
$59,559.41
Estimated interest
$9,559.41
Key product details
- Category
- Home Loans
- Subcategory
- Home Loan
- Purpose
- OWNER_OCCUPIED
- Repayment type
- INTEREST_ONLY