Black Friday savings continue! 🥳

Get the biggest bargains of Cyber weekend

Deals
finder.com.au

Tic:Toc Investor Interest-Only Variable Rate Home Loan

Adam Smith
Adam Smith
Last updated:  

Investors can maximise their tax effectiveness with this interest-only home loan.

The Tic:Toc Investor Interest-Only Variable Rate Home Loan offers investors a way to maximise their tax deductible debt by paying only the interest portion of their loan. It also offers some helpful features and the ability to make extra repayments.

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

Adam Smith

Review by

Adam Smith was the home loans editor at Finder.

Expert review

The Tic:Toc Investor Interest-Only Variable Rate Home Loan is available to investors in residential property.

About this loan

What are the feature and benefits of the Tic:Toc Investor Interest-Only Variable Rate Home Loan?

  • Loan amount and purpose. The Tic:Toc Investor Interest-Only Variable Rate Home Loan is only available to investors who are purchasing residential property. It has a minimum loan amount of $50,000 and a maximum loan amount of $2,000,000.
  • Loan-to-value ratio. The Tic:Toc Investor Interest-Only Variable Rate Home Loan has a maximum LVR of 80%.
  • Repayment frequency. Repayments must be made monthly. It's important to remember that interest-only repayments won't reduce the principal amount. However, you can make as many additional repayments as you like towards the principal.
  • Redraw facility. If you've made additional repayments towards the loan principal, the Tic:Toc Investor Interest-Only Variable Rate Home Loan allows you to withdraw these funds using the redraw facility. Keep in mind that there's a minimum redraw amount of $500.
  • 100% offset account. The Tic:Toc Investor Interest-Only Variable Rate Home Loan offers a 100% offset account for an additional $10 per month.

What fees and charges come with this loan?

  • Discharge fee: $325. This fee is charged when you close your home loan account, either by repaying your loan or refinancing.

How to apply

If you're interested in the Tic:Toc Investor Interest-Only Variable Rate Home Loan you can click the link below. You'll be redirected to the Tic:Toc website where you'll be walked through the quick, 20-minute application process.

Home Loan Offers

Important Information*
Logo for Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)
Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)

Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply.

More info
Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Up to $4,000 refinance cashback. A competitive variable rate loan from St.George. Refinancers borrowing $250,000 or more can get $4,000 cashback (Other terms, conditions and exclusions apply).

More info
Logo for Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I
Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I

A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.

More info
Logo for UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate
UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate

Take advantage of a low-fee mortgage with a special interest rate of just 2.34% p.a. and a 2.34% p.a. comparison rate.

More info

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