Connective Complete Prime
Variable rateOffsetRedraw
A home loan from Connective Complete with variable rates from 7.07% a year.
- Interest rate a year, from
- 7.07%
- Comparison rate
- 7.44%
- Upfront fees
- $899
- Annual fee
- Not published
- Monthly fee
- $25
Monthly repayment
$600,000 over 30 years
What it would cost
At the lowest rate of 7.07% (variable, live in, principal and interest), including the monthly fee. The rate you are offered depends on your deposit and the loan you choose, and upfront fees are not included.
- Monthly repayment
- $4,045
- Total repayments
- $1,456,222
- Interest and monthly fees
- $856,222
Rates
Every rate Connective Complete publishes for this loan. LVR is the loan as a share of the property's value: 80% for a 20% deposit.
| Rate | Property | Repayments | LVR | Interest rate | Comparison rate |
|---|---|---|---|---|---|
| Variable | Live in | Principal and interest | 1% to 60% | 7.07% | 7.44% |
| Variable | Live in | Principal and interest | 60% to 65% | 7.07% | 7.44% |
| Variable | Live in | Principal and interest | 65% to 70% | 7.07% | 7.44% |
| Variable | Live in | Principal and interest | 70% to 75% | 7.32% | 7.69% |
| Variable | Live in | Principal and interest | 75% to 80% | 7.32% | 7.69% |
| Variable | Live in | Interest only | 1% to 60% | 7.17% | 7.54% |
| Variable | Live in | Interest only | 60% to 65% | 7.17% | 7.54% |
| Variable | Live in | Interest only | 65% to 70% | 7.17% | 7.54% |
| Variable | Investment | Principal and interest | 1% to 60% | 7.27% | 7.64% |
| Variable | Investment | Principal and interest | 60% to 65% | 7.27% | 7.54% |
| Variable | Investment | Principal and interest | 65% to 70% | 7.27% | 7.64% |
| Variable | Investment | Principal and interest | 70% to 75% | 7.42% | 7.79% |
| Variable | Investment | Principal and interest | 75% to 80% | 7.42% | 7.79% |
| Variable | Investment | Interest only | 1% to 60% | 7.37% | 7.74% |
| Variable | Investment | Interest only | 60% to 65% | 7.37% | 7.74% |
| Variable | Investment | Interest only | 65% to 70% | 7.37% | 7.74% |
| Variable | Investment | Interest only | 70% to 75% | 7.52% | 7.89% |
| Variable | Investment | Interest only | 75% to 80% | 7.52% | 7.89% |
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
- $899
- Annual fee
- Not published
- Monthly fee
- $25
Features
- Offset account
- Yes
- Redraw
- Yes
- Highest LVR
- 80%
- Loan amount
- From $100,000 up to $2,500,000
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.
Variable rate
7.32%
For a home you live in, paying principal and interest. Typical is 6.62%.
Comparison rate
7.69%
For the same rate. Typical is 6.70%.
Upfront fees
$899
Typical upfront fees are $600.
Smallest deposit
20%
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.
- 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
Nothing stands out.
Similar home loans
Home loans from other lenders with a similar starting variable rate, for a home you live in with a 20% deposit.
- Variable rate from
- 7.32%
- Comparison rate
- 7.69%
- Variable rate from
- 7.34%
- Comparison rate
- 7.42%
- Variable rate from
- 7.34%
- Comparison rate
- 7.61%
