CBA Owner Occupied Home Loan with Pricing Discretion (Part 1)

Pricing discretion is a technical term of a lender offering discounts off published rate for new customers i.e. under the table offer.  Below are the rates obtained for our clients in recent weeks.  Pricing is determined by the pricing department, not your branch manager or mortgage broker.  It can fluctuate from week to week.  Use at own risk!

Owner Occupied P+I SVR @ <80% Lend                                

Loan amount                         SVR    Discount    Final Rate

More than $1,000,000            5.25%  1.40%        3.85%

More than $750,000               5.25%  1.35%        3.90%

More than $500,000               5.25%  1.25%        4.00%

More than $400,000               5.25%  1.20%        4. 05%

More than $250,000               5.25%  1.10%        4.15%

 

Owner Occupied P+I SVR @ 90% lend                                   

Loan amount                         SVR     Discount   Final Rate

More than $1,000,000            5.25%   1.05%      4.20%

More than $750,000               5.25%  1.00%       4.25%

More than $500,000               5.25%   0.90%      4.35%

More than $250,000               5.25%   0.85%      4.40%

 

Owner Occupied IO SVR @ 5.47% before discount                           

1.00% for new customer                                

1.15% - 1.25% for existing mortgage customers                               

 

Owner Occupied Fixed Rate on P+I                           

                              Fixed       Discount    Final Rate

2 Year Fixed            4.14%      0.26%       3.88%

5 Year Fixed            4.74%      0.24%       4.50%

Posted in: Interest rates

Contact us today.


Additional Comments? * :