Beyond Bank Total Home Loan Package (Investment) review | Finder
finder.com.au

Beyond Bank Total Home Loan Package New Money Offer (Investment) review

Avatar
Adam Smith
Last updated:  

The Beyond Bank Total Home Loan Package for investment offers investors a full-featured and flexible package home loan.

The Beyond Bank Total Home Loan Package New Money Offer (Investment) comes with a competitive variable rate, package discounts and flexible features like a 100% offset account, free redraw and a split facility.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Expert review

Avatar

Review by

Adam Smith was the home loans editor at Finder.

Expert review

The Beyond Bank Total Home Loan Package New Money Offer (Investment) is available to investors and allows you to borrow up to 90% of the value of the property you're buying.

About this loan

What are the features and benefits of the Beyond Bank Total Home Loan Package New Money Offer (Investment)?

  • Loan amount and loan-to-value ratio (LVR). This loan has a minimum borrowing amount of $50,000 and a maximum borrowing amount of $2,000,000. The loan has a maximum loan-to-value ratio (LVR) of 90%, so you'll only need a 10% deposit. However, be aware that borrowing more than 80% will incur a lenders mortgage insurance (LMI) premium.
  • Repayment flexibility. The Beyond Bank Total Home Loan Package New Money Offer (Investment) allows you to repay your home loan weekly, fortnightly or monthly to suit your pay and lifestyle. You can also make as many extra repayments as you like without penalty.
  • Package benefits. In exchange for the annual package fee, the Beyond Bank Total Home Loan Package waives the establishment fee. It also offers free everyday banking and Beyond Bank's Low Rate Credit Card.
  • 100% offset. The Beyond Bank Total Home Loan Package New Money Offer (Investment) comes with a 100% offset account, which can save you some serious money in interest charges. The linked account offsets the amount on which your home loan interest is calculated by the funds in your account.
  • Free redraw. This home loan offers free redraw, so if you've made extra repayments, you can withdraw the funds via online banking. There is no fee for redrawing, but there is a $500 minimum redraw amount.
  • Split facility. You can split the Beyond Bank Total Home Loan Package New Money Offer (Investment) to take advantage of both a variable and fixed rate.

What fees and charges come with this loan?

  • Package fee: $395. This administrative fee is charged annually in exchange for the fee waivers, discounts and package benefits that come with the home loan.
  • Discharge fee: $350. The discharge fee applies when you close your home loan account.

How to apply

If you've compared your options and believe the Beyond Bank Total Home Loan Package New Money Offer (Investment) is right for you, click the button below to be taken to Beyond Bank's website. There, you'll be walked through the steps to apply.

Home Loan Offers

Important Information*

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site