Finty
Beyond Bank Australia

Beyond Bank Australia Invest Total Home Loan Package

Variable or Fixed rateOffsetRedraw

Offering everything you need to purchase an investment property. Enjoy the flexibility of splitting your loan whether it be fixed or variable rate, choice of repayment options, redraw advanced funds or obtain pre-approval.

Written byDavid Boyd
Interest rate a year, from
6.49%
Comparison rate
6.84%
Upfront fees
$4,103
Annual fee
$395
Monthly fee
Not published

Monthly repayment

$600,000 over 30 years

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What it would cost

At the lowest rate of 6.49% (variable, investment, principal and interest). The rate you are offered depends on your deposit and the loan you choose, and upfront fees are not included.

Monthly repayment
$3,788
Total repayments
$1,363,847
Interest
$763,847

Rates

Every rate Beyond Bank Australia publishes for this loan. LVR is the loan as a share of the property's value: 80% for a 20% deposit.

RatePropertyRepaymentsLVRInterest rateComparison rate
VariableInvestmentPrincipal and interestAny6.49%6.84%
VariableInvestmentPrincipal and interestAny6.59%6.94%
VariableInvestmentPrincipal and interestAny6.99%7.33%
VariableInvestmentPrincipal and interestAny6.99%7.40%
VariableInvestmentPrincipal and interestAny7.94%8.34%
VariableInvestmentPrincipal and interestAny8.25%8.58%
VariableInvestmentInterest onlyAny6.59%6.94%
VariableInvestmentInterest onlyAny6.99%7.33%
VariableInvestmentInterest onlyAny8.50%8.82%
1 year fixedInvestmentPrincipal and interestAny7.09%7.34%
1 year fixedInvestmentPrincipal and interestAny7.39%7.37%
2 year fixedInvestmentPrincipal and interestAny6.79%7.29%
2 year fixedInvestmentPrincipal and interestAny7.09%7.35%
3 year fixedInvestmentPrincipal and interestAny6.89%7.30%
3 year fixedInvestmentPrincipal and interestAny7.19%7.39%
3 year fixedInvestmentInterest onlyAny7.09%7.36%
4 year fixedInvestmentPrincipal and interestAny7.14%7.38%
4 year fixedInvestmentPrincipal and interestAny7.44%7.49%
5 year fixedInvestmentPrincipal and interestAny7.14%7.39%
5 year fixedInvestmentPrincipal and interestAny7.44%7.53%
5 year fixedInvestmentInterest onlyAny7.34%7.48%

Comparison rates are for an example loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Fees and features

Fees

Upfront fees
$4,103
Annual fee
$395
Monthly fee
Not published

Features

Offset account
Yes
Redraw
Yes
Highest LVR
90%
Loan amount
From $50,000 up to $2,000,000

How it compares

Against the other home loans we compare, for a home you live in with a 20% deposit. Typical means the middle half of them.

Upfront fees

$4,103

Typical upfront fees are $600.

Annual fee

$395

A typical annual fee is $350.

Smallest deposit

10%

Most loans need at least 10% of the price.

Pros and cons

Pros

  • An offset account. Money in it is taken off your balance when interest is worked out, so your savings and pay cut the interest while staying easy to reach.
  • Extra repayments. Paying more than the minimum pays the loan off sooner and cuts the interest you pay.
  • Redraw. You can take back extra repayments later if you need the money.
  • No early repayment fee listed. You can pay the loan off early, or refinance, without a penalty. Check the terms to be sure.
  • Fixed rates on offer. You can fix for 1 to 5 years if you'd like repayments that don't change for a while.
  • Interest only available. Some investors use it to keep repayments down for a few years, though the balance doesn't fall in that time.

Cons

  • Higher upfront fees. $4,103, above the typical $600, which adds to the cash you need at settlement.