ANZ

ANZ Interest-in-Advance Residential Investment Loan in a Company name

The ANZ Interest-in-Advance Residential Investment Loan in a Company name allows you to pay your interest up-front, which may provide taxation benefits, while the fixed rate provides certainty of repayments and safeguards you against increasing interest rates. The borrowings must be in the name of a company or business entity for the personal use of the director of the company or beneficiaries of a trust.

Interest Rate - Interest paid yearly in advance*

1 year	8.64% p.a.

2 years	8.64% p.a.

3 years	8.64% p.a.

4 years	8.64% p.a.

5 years	8.64% p.a.

7 years	9.04% p.a.

10 years	9.04% p.a.

Loan term	1-5, 7 & 10 year fixed rate terms available. Maximum overall term is 30 years

Minimum amount	$20,000

Maximum amount	95% of the valuation of the security property

Lenders Mortgage Insurance	Required if amount borrowed is more than 80% of the valuation of the security property


Make additional repayments	Yes - additional repayments can be made up to a set tolerance amount during the fixed rate period**. Early repayment costs may apply for additional repayments made during the fixed rate period, above the tolerance amount. For information on other fees and charges, refer to the 'Fees and Charges' section below.

Ability to split loan	Yes - with another ANZ Residential Investment Loan (in a Company name)

Lock Rate	Yes - Lock Rate is available on the 1-5 Year Fixed Rate Home Loans (in a Company name) up to a loan amount of $500,000. This means you keep the advertised interest rate at the time of your application for a maximum of 60 days.

Interest only payments	Yes - principal repayments are deferred until the fixed interest only period has ended

Pay interest in advance	Yes - You may gain tax benefits by paying your interest upfront. Consult your tax or financial adviser for more information. Interest in advance frequency options include yearly, half yearly, quarterly and monthly.

Loan Approval Fee (LAF)	$600 A Valuation Administration Fee may apply.

Loan Administration Charge	$10 per month (Applies during fixed interest rate period).

Early Repayment Cost	May be payable if and when you repay your loan in full, or make an early or additional repayment, during the fixed interest rate period. The definition and method of calculation are set out in the Consumer Lending Terms and Conditions booklet under the heading 'Repaying Your Loan Early During a Fixed Interest Rate Period'. Consumer Lending Terms and Conditions booklet (PDF, 547kb).

Early Repayment Administration Fee	$300 if you fully prepay your entire loan during the fixed rate period. Only applies to loan agreements made on or after 1 November 1996.

Locked rate fee	The fixed interest rate charged to a loan is the effective fixed interest rate applicable at the time of settlement or on the day your loan is drawn down. Alternatively, you can pay a locked rate fee of $600 plus a percentage of the loan amount, payable at application. The rate is held for 60 days. No Loan Approval Fee applies to loans where a Locked Rate Fee is paid. No discounts are permitted. Refunds of the Locked Rate Fee are not available unless the loan is not approved by ANZ. This facility is only available in relation to loans up to $500,000 and fixed rate terms of up to 5 years.

Converting or renegotiating	Find out more


	Variable Rate Home Loan
	Residential Investment Variable Rate
	Residential Investment Land Loan
	Fixed Rate Home Loan


	Residential Investment Fixed Rate
	Residential Investment Interest in Advance
	Equity Manager


Call us direct ANZ Personal Mortgage Manager We come to you Visit an ANZ branch Download application form Apply online			How much can I borrow? What are the costs? Which loan is right for me? Get pre-approval Search for a property The buying process

* The Rates shown apply for interest paid yearly in advance. The Rates applicable for interest paid monthly, quarterly or semi - annually in advance are available on application at any ANZ Branch.

** For more information regarding the tolerance please visit any ANZ branch or phone the Home Loan Hotline on 1800 100 641 8am - 11pm EST seven days a week.

Terms and conditions available on application. Fees and charges apply.

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© Copyright Australia and New Zealand Banking Group Limited (ANZ) 100 Queen Street, Melbourne 3000, ABN 11 005 357 522, 1996-2008. ANZ's colour blue is a trade mark of ANZ. Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.
ANZ recommends you read the Product Disclosure Statement and the Financial Services Guide before acquiring the product.

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