Variable Owner Occupier P&I Home Loan 2.49% for ≤60% LVR @ Macquarie Bank

01

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AssociatedJackson-FinanceHouse @ financehouse.com.au on 07/10/2020 - 14:28 macquarie.com.au (182 clicks)
Last edited 07/10/2020 - 21:04 by 1 other user

Hi all,

These rates will be effective from Friday 9 October 2020.

Some of the highlights include new rates of:
• 2.49% p.a. for variable owner occupier P&I loans at ≤60% LVR (CR 2.49%)
• 2.54% p.a. for variable owner occupier P&I loans at ≤70% LVR (CR 2.54%)
• 2.69% p.a. for variable investor P&I loans at ≤60% LVR (2.69%)

Comparison Rate is exactly the same as the rate advertised, if you add an offset account package the CPA will increase to 2.89% <60% LVR.

Applications in progress
New rates will automatically be applied to all loans formally approved from Friday 9 October 2020.

For loans that settle from today that have been formally approved before 9 October, the new rates will be applied manually after the loan settles.

Macquarie banks turnaround times are sharpest in Aus.

Submit your scenario and I will send you through best available refinance options - www.financehouse.com.au/oz-bargain

Jackson Hunter
Finance House
ACL#389328

Related Stores

Macquarie Bank

financehouse.com.au

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• 

  dasher86 on 07/10/2020 - 14:31

  +1

  Hey OP
  You need to provide comparison rates when advertising.

  • 

    Slo20 on 07/10/2020 - 14:39

    Those rates are also the comparison if you don’t want an offset. Adding an offset will cost $248/year so adds around 0.27%.

    • 

      AssociatedJackson-FinanceHouse @ financehouse.com.au on 07/10/2020 - 17:58

      -1

      Thank you Slo20, correct.

• 

  wisc on 07/10/2020 - 14:36

  +1

  meh, just use ubank, they are good, popular. no issues so far, that is there normal rate, and they are pretty good with keeping up with the lower end of the rates, (rather than jacking it up later down the track, like some other lenders)

  id imagine it would be a feature compare as there doesnt seem to be anything special here.

  • 

    AssociatedJackson-FinanceHouse @ financehouse.com.au on 07/10/2020 - 18:10

    Hi wisc, Ubank is notoriously slow however still a good option as well! Plenty of great offers out there, tbh I would suggest Mac over Ubank any day of the week, but that's just my opinion. Thanks for the comment.

    • 

      [Deactivated] on 07/10/2020 - 18:28

      Of course your opinion would be skewed on the fact that Ubank doesn't pay brokers commission lol

  • 

    Associatedcorgicorgi @ Macquarie Bank on 08/10/2020 - 00:06

    Are you providing advice wisc?

    • 

      wisc on 08/10/2020 - 09:02

      I'm providing an observation.

  • 

    johnmelb on 22/10/2020 - 11:15

    Just be aware with UBank, that besides being slow, if you ever finance away from them that their "no fees whatsoever" is as low as >$500. ($500 is peanuts anyway right)
    Also, they ask more $$ for payout, and took me complaining and more than 1 month to get even that money back. Still have no comment from them on the fees they charged, they asked me how much money they got from the new financial institution and to provide the disbursement to them (because they didn't have that record??).

    Edit: just commenting on the UBank (no opinion about this deal).

• 

  blackwalnut on 07/10/2020 - 15:42

  need a couple of grand sign on bonus to get people to switch.

• 

  [Deactivated] on 07/10/2020 - 15:55

  -1

  How would this possibly be worth switching for? so many better options out there. Not to mention you need under 60 per cent to even access this subpar rate

  • 

    [Deactivated] on 07/10/2020 - 15:57

    -3

    As further justification Athena do 2.34% for <60% with no fees.

    This is merely advertising. Move along.

    Edit: Thanks for the neg OP

    • 

      Nousernamehere on 07/10/2020 - 16:19

      +5

      Edit: Thanks for the neg OP

      Reps can’t neg comments in their deals. Also they haven’t been on for 55 mins and your comment was made 23 mins ago.

      • 

        [Deactivated] on 07/10/2020 - 18:25

        -1

        Fair call, retracted the comment.

        Deal is still junk and basically an advertisement

• 

  [Deactivated] on 07/10/2020 - 20:41

  -2

  OP Sent me a threatening personal message with what he thought was my IP Address (Wrong - seems he's no good at posting deals for ICT). I'm simply stating the facts.

  I would strongly encourage you not to deal with OP. I wasn't even going to post this given there is no positive votes but in case he posts a good deal in future i would hope a 'would be' customer stumbles across this comment.

  • 

    OzBrogains on 13/10/2020 - 17:34

    I value your opinion as much as I paid for it. $0. Lol