This is for an owner occupied loan.
Application fee: $250
Well settlement fee: $0 (normally $250)
Well annual fee: $0 (unless you want an offset account)
Well discharge fee: $300 (only if you payout your loan of course)
Fees charged by Third Parties:
Valuation fee: Up to $300 free (Well Home Loans will pay up to $300 per loan, any excess valuation fees are payable by the borrower(s))
Third party settlement fee: from $150 (Funder processing fee)
Solicitors document fee: from $385 (depending on your loan structure)
Identity fee: from $49 (per application at Australia Post or come-to-you ZipID)
Government fees: unascertainable (Refinancing approximately $260-$450 depending on your state; Purchasing varies by property value with stamp duty)
PEXA fees: from $50 (depending on your home loan scenario)
FIXED RATES:
| Fixed term options | 1 year Low rate | 2 years Low rate | 3 years | 4 years | 5 years |
|---|---|---|---|---|---|
| Comparison Rate | 3.45%p.a. | 4.42%p.a. | 4.64%p.a. | 4.98%p.a. | 5.00%p.a. |
| Interest Rate* | 2.71%p.a. | 2.95%p.a. | 3.15%p.a. | 3.42%p.a. | 3.61%p.a. |
As they’re not a bank who is it that’s actually lending the money in the back end?