ANZ

ANZ Residential Investment Land Loan

The ANZ Residential Investment Land Loan allows you to purchase land on which you intend to build a home within 12 months. When you are ready to build, ANZ can help you finance this with any one of our award winning Residential Investment Loans.

This loan offers a competitive variable rate with flexible features, allowing you to start paying off your loan while you plan your investment property.

Interest Rate	9.37% p.a. Other Interest Rates

Comparison Rate^{™ *}	9.47% p.a.

Loan term	You must build your home within the first 12 months. Repayments over 30 years

Minimum amount	$20,000

Maximum amount	90% 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

Repay loan early	Yes – you have the freedom to repay your loan in full at any time. Fees and charges may apply (PDF, 388kb).

Make additional repayments	Yes – the ability to make extra repayments at any time means you can pay off your loan faster and save interest

Loan Administration Charge	Yes

100% Mortgage Offset	Yes – this mortgage offset account makes the most of your available funds to reduce interest costs and shorten the term of your loan: ANZ One

Redraw facility	Yes – Redraw allows you to access any additional loan payments you have made

Ability to split loan	Yes – Find out more

Interest only payments	Yes – up to 1 year Minimise your repayments and free up cash by paying interest only

Reduced fees on personal transaction account**	Yes – you will not pay account servicing fees or additional withdrawal fees on your linked ANZ Access Advantage account

Loan Approval Fee (LAF)	$600

Redraw fee	Nil redraw fee, $2,000 minimum redraw (additional conditions apply)

Converting or renegotiating	Find out more

For full details of all fees and charges refer to Personal Banking General Fees and Charges (PDF, 168kb)


	Variable Rate
	Fixed Rate
	Interest in Advance


	Simplicity PLUS
	Supplementary Loan
	Land Loan


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

* Comparison Rate calculated on a loan amount $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only.

** Non-ANZ ATM Fees apply, salary must be deposited to the account to obtain the waiver.

*** An additional discount margin of 0.10% p.a. is a special offer applicable to Money Saver applications submitted on or after 26 February 2007 and applies for a limited time only and is subject to change.

WARNING: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

A copy of the Comparison Rate Schedule is available at any ANZ branch or view it online ANZ Comparison Rate Schedule (PDF, 72kb).

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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