Mortgage Breaker

1 Year Intro Rate, owner occupied
3.72%
Comparison Rate
4.44%

A variable rate home loan with a 100% offset facility to help you pay off your loan sooner and help you get a little bit in front.

Ideal for borrowers who:

  • Want to pay off their home loan faster
  • Are looking for flexibility such as split loans, offset and redraw
  • Want to take out a home loan as part of a package


Product overview

Feature Details
Minimum loan amount $20,000
Maximum term 30 years
Redraw Yes, for Owner Occupier Only
Offset Yes
Maximum loan to valuation ratio 80% without LMI or up to 95% with LMI; 
80% for investment.
Additional repayments Unlimited
Available in package Yes - Choices
Repayment pause Yes

Product Disclosure Statement - Generic

Terms, conditions, fees, charges and normal lending criteria apply. 1 Year Intro Rate home loan available on new lending from 27/04/2017 until further notice. This rate is the variable interest rate for the Mortgage Breaker Home Loan reduced by 1.27%p.a. for the first 12 months, minimum $125,000, interest rate then reverts to applicable variable rate.

Comparison rate is based on a secured loan amount of $150,000 with monthly repayments over 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. The comparison rate shown is for new lending for owner occupiers. The comparison rate may change for other amounts or loans for property investment. The comparison rates shown for the Mortgage Breaker and fixed rate home loans are for new lending based on assumed minimum total borrowings of $500,000 under the Choices package for owner occupiers. The comparison rate may change for other amounts or loans for property investment.

My husband and I refinanced our mortgages to QTMB about two and a half years ago. The branch staff were very helpful, and sorted out the loan for the house we now live in, and helped us turn our second property into an investment property.

Charlotte and Michael.