Online Home Loans Flexi Choice Prime Fixed

You can lock in a low rate and get a home loan without genuine savings.

Saving a deposit is often the biggest hurdle for home buyers. The Online Home Loans Flexi Choice Prime Fixed loan allows you to fix your rate and get a home loan using a gifted deposit or first home owners grant.

Interest Rate Max Insured LVR Max LVR
3 Year Pro Pack 80% to 90% LVR (Investor, IO)
5.24% p.a.
Comparison Rate
5.11% p.a.
90% 80%
3 Year Pro Pack 80% to 90% LVR (Investor, P&I)
5.09% p.a.
Comparison Rate
4.91% p.a.
90% 80%
3 Year Pro Pack 80% to 90% LVR (Owner Occupier, P&I)
4.79% p.a.
Comparison Rate
4.62% p.a.
90% 80%
3 Year Pro Pack Over 90% LVR (Investor, IO)
5.44% p.a.
Comparison Rate
4.86% p.a.
95% 80%
3 Year Pro Pack Over 90% LVR (Investor, P&I)
5.29% p.a.
Comparison Rate
5.11% p.a.
95% 80%
3 Year Pro Pack Over 90% LVR (Owner Occupier, P&I)
4.99% p.a.
Comparison Rate
4.81% p.a.
95% 80%
3 Year Pro Pack up to 80% LVR (Investor, IO)
5.04% p.a.
Comparison Rate
4.86% p.a.
80% 80%
3 Year Pro Pack up to 80% LVR (Investor, P&I)
4.89% p.a.
Comparison Rate
4.72% p.a.
80% 80%
3 Year Pro Pack up to 80% LVR (Owner Occupier, IO)
4.74% p.a.
Comparison Rate
4.57% p.a.
80% 80%
3 Year Pro Pack up to 80% LVR (Owner Occupier, P&I)
4.59% p.a.
Comparison Rate
4.42% p.a.
80% 80%
Product NameOnline Home Loans Flexi Choice Prime Fixed Rate
Interest Rate TypeFixed
Comp Rate^ (p.a.)
Minimum Loan Amount$50,000
Maximum Loan Amount$2,000,000
Minimum Loan Term15 years
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR95%
Mortgage Offset AccountYes
Mortgage 100% OffsetYes
Loan Redraw FacilityYes
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Repayment TypePrincipal & Interest and Interest Only Options
Application Fee$345
Valuation Feeapproximately $330
Ongoing Fees$0 p.a.
Discharge Fee$0
Early Termination Fee$608

Pros

  • 100% offset account
  • No ongoing fee

Cons

  • There is a $345 application fee

What do I need to know about this loan?

The Online Home Loans Flexi Choice Prime Fixed loan is available to owner-occupiers and investors who are purchasing a property, but it is not available for construction.

What are the features and benefits of the Online Home Loans Flexi Choice Prime Fixed loan?

  • Loan amount. The Online Home Loans Flexi Choice Prime Fixed loan has a minimum borrowing amount of $50,000 and a maximum borrowing amount of $2,000,000. It offers a high maximum loan-to-value ratio of 95%. However, borrowing more than 80% will incur a lenders mortgage insurance premium.
  • No genuine savings option. Most home loans require at least 5% genuine savings. However, the Online Home Loans Flexi Choice Prime Fixed loan will allow you to use a first home owners grant or gifted deposit without showing proof of genuine savings.
  • Package discounts. The fixed-rate option for the Online Home Loans Flexi Choice Prime loan is only available under the Pro Pack. This package home loan offers a rate discount.

What fees and charges come with this loan?

  • Application fee: $345. This fee only applies to the Pro Pack option for this loan.

How do I apply for this loan?

If you've compared home loans and believe the Online Home Loans Flexi Choice Prime Fixed loan is the right option for you, click the green button. You'll be asked to fill out a brief form, and will be contacted by an Online Home Loans representative who will walk you through the application process.

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Online Home Loans Flexi Choice Prime Fixed Rate

  • Interest Rate

    N/A

  • Comparison Rate

    N/A

  • App Fee / Annual Service Fee

    $345 / $0

  • Max LVR

    80%

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