Finty
Mortgage Ezy

Mortgage Ezy Propel Expat

Variable rate

Mortgage Ezy Propel Expat residential mortgage for eligible borrowers with overseas income, available under Full Documentation.

Written byDavid Boyd
Interest rate a year, from
6.89%
Comparison rate
6.97%
Upfront fees
$500
Annual fee
None
Monthly fee
Not published

Monthly repayment

$600,000 over 30 years

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What it would cost

At the lowest rate of 6.89% (variable, live in, 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
$3,948
Total repayments
$1,421,132
Interest
$821,132

Rates

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

RatePropertyRepaymentsLVRInterest rateComparison rate
VariableLive inPrincipal and interestUp to 65%6.89%6.97%
VariableLive inPrincipal and interestUp to 65%7.79%–
VariableLive inPrincipal and interest65% to 70%7.09%7.42%
VariableLive inPrincipal and interest65% to 70%8.29%–
VariableLive inPrincipal and interest70% to 75%7.29%7.70%
VariableLive inPrincipal and interest70% to 75%8.39%–
VariableLive inPrincipal and interest75% to 80%7.39%7.79%
VariableLive inPrincipal and interest75% to 80%8.59%–
VariableLive inInterest onlyUp to 65%7.09%–
VariableLive inInterest onlyUp to 65%7.99%–
VariableLive inInterest only65% to 70%7.29%–
VariableLive inInterest only65% to 70%8.49%–
VariableLive inInterest only70% to 75%7.49%–
VariableLive inInterest only70% to 75%8.59%–
VariableLive inInterest only75% to 80%7.59%–
VariableLive inInterest only75% to 80%8.79%–
VariableInvestmentPrincipal and interestUp to 65%7.19%–
VariableInvestmentPrincipal and interestUp to 65%8.09%–
VariableInvestmentPrincipal and interest65% to 70%7.39%–
VariableInvestmentPrincipal and interest65% to 70%8.59%–
VariableInvestmentPrincipal and interest70% to 75%7.59%–
VariableInvestmentPrincipal and interest70% to 75%8.69%–
VariableInvestmentPrincipal and interest75% to 80%7.69%–
VariableInvestmentPrincipal and interest75% to 80%8.89%–
VariableInvestmentInterest onlyUp to 65%7.39%–
VariableInvestmentInterest onlyUp to 65%8.29%–
VariableInvestmentInterest only65% to 70%7.59%–
VariableInvestmentInterest only65% to 70%8.79%–
VariableInvestmentInterest only70% to 75%7.79%–
VariableInvestmentInterest only70% to 75%8.89%–
VariableInvestmentInterest only75% to 80%7.89%–
VariableInvestmentInterest only75% to 80%9.09%–

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
$500
Annual fee
None
Monthly fee
Not published

Features

Offset account
No
Redraw
No
Highest LVR
80%
Loan amount
From $100,000 up to $5,000,000

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.

Variable rate

7.39%

For a home you live in, paying principal and interest. Typical is 6.62%.

Comparison rate

7.79%

For the same rate. Typical is 6.70%.

Upfront fees

$500

Typical upfront fees are $600.

Annual fee

None

A typical annual fee is $350.

Smallest deposit

20%

Most loans need at least 10% of the price.

Pros and cons

Pros

  • No annual fee. Nothing extra to pay each year over the life of the loan.
  • 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

  • No offset account. Your savings can't reduce the interest unless you pay them into the loan.

Similar home loans

Home loans from other lenders with a similar starting variable rate, for a home you live in with a 20% deposit.