Yellow Brick Road Flexi Options Variable Home Loan

The Yellow Brick Road Flexi Options Variable mortgage is a variable rate loan with multiple options for homebuyers and investors plus a 100% offset account.

Yellow Brick Road's Flexi Options Variable Home Loan has something for almost everyone, with principal and interest or interest only rates for investors and buyers, a 100% offset account and low deposit options that let you borrow 90% of your property's value.

Offset account fee

If you add an offset account to this loan you will have to pay a $10 monthly fee.

Interest Rate Max Insured LVR Max LVR
LVR 80% (Owner Occupier, P&I)
3.42% p.a.
Comparison Rate
3.48% p.a.
80% 80%
LVR < 60% Special Offer (Owner Occupier, P&I)
3.29% p.a.
Comparison Rate
3.32% p.a.
60% 60%
LVR < 80% (Investor, IO)
4.02% p.a.
Comparison Rate
4.08% p.a.
80% 80%
LVR < 80% Special Offer (Investor, IO)
3.74% p.a.
Comparison Rate
3.77% p.a.
80% 80%
LVR < 80% Special Offer (Investor, P&I)
3.44% p.a.
Comparison Rate
3.47% p.a.
80% 80%
LVR < 80% Special Offer (Owner Occupier, P&I)
3.39% p.a.
Comparison Rate
3.42% p.a.
80% 80%
LVR < 90% Special Offer (Owner Occupier, P&I)
3.14% p.a.
Comparison Rate
3.17% p.a.
90% 80%
LVR > 80% Special Offer (Investor, IO)
4.49% p.a.
Comparison Rate
4.52% p.a.
90% 80%
LVR > 80% Special Offer (Investor, P&I)
3.44% p.a.
Comparison Rate
3.47% p.a.
90% 80%
LVR 80% (Investor, P&I)
3.77% p.a.
Comparison Rate
3.83% p.a.
80% 80%
LVR 80% (Owner Occupier, IO)
4.47% p.a.
Comparison Rate
4.53% p.a.
80% 80%
LVR 90% (Investor, P&I)
3.97% p.a.
Comparison Rate
4.03% p.a.
90% 80%
LVR 90% (Owner Occupier, P&I)
3.62% p.a.
Comparison Rate
3.68% p.a.
90% 80.01%
LVR 95% (Owner Occupier, P&I)
3.62% p.a.
Comparison Rate
3.69% p.a.
95% 80%
Product NameYellow Brick Road Flexi Options Variable Home Loan
Interest Rate TypeVariable
Comp Rate^ (p.a.)
Maximum Loan Amount$2,000,000
Minimum Loan Term5 years
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR90%
Mortgage Offset AccountYes
Mortgage 100% OffsetYes
Loan Redraw FacilityYes
Split Loan FacilityYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Repayment TypePrincipal & Interest and Interest Only Options
Application Fee$0
Lender's Legal Fee$330
Ongoing Fees$10 monthly ($120 p.a.)
Settlement Fee$0
Discharge Fee$495

Pros

  • Rates for investors and home buyers
  • 100% offset account

Cons

  • There is a legal fee
  • There is a service fee

What do I need to know about this loan?

This loan has variable rates for principal and interest and interest only home loans. The loan has a maximum insured LVR of 90%, though you will need to pay lenders mortgage insurance premium if your deposit is under 20%.

What are the features and benefits of the Yellow Brick Road Flexi Options Variable Home Loan?

  • Loan amount. You can borrow up to $2,000,000 with this loan.
  • Purpose.This product is for owner-occupiers buying a home to live in or investors buying an investment property.
  • Repayment flexibility. You can repay this loan monthly, weekly or fortnightly. You can also make unlimited extra repayments.
  • Deposit size. You can borrow up to 90% of your property's value.
  • Plenty of options. The loan has a redraw facility, is loan portable and lets you split your rate into fixed and variable portions.

What fees and charges come with this loan?

The Yellow Brick Road Flexi Options Variable Home Loan keeps fees relatively low.

  • Legal fee: $330. This fee covers the lender's legal costs.
  • Service fee: $10. There is an ongoing monthly service fee.
  • Discharge fee: $495. The discharge fee applies when you end the home loan, either by repaying it or refinancing to another lender.
  • Switching fee: $150. You pay the switching fee when changing from one Yellow Brick Road mortgage to another from the same lender.

How do I apply for this loan?

To apply for this product or get more information, click the green "Enquire now" button and follow the application process to speak to a Yellow Brick Road mortgage specialist. They'll talk you through eligibility requirements and help you with the application.

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Yellow Brick Road Flexi Options Variable Home Loan

  • Interest Rate

    N/A

  • Comparison Rate

    N/A

  • App Fee / Annual Service Fee

    $0 / $10

  • Max LVR

    80%

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