Business Fixed Rate Loan - Interest Only

 General Lending Rates

• Lending Rate Type: Fixed
• Interest Rate: 5.99%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 5.89%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 5.89%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 5.89%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 7.04%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 6.99%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 6.89%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 6.89%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Fixed
• Interest Rate: 6.89%, Comparison Rate 0.00%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

 Product Features

• Digital Banking

• Extra Repayments Additional Information: Make extra repayments up to $10,000 per year

 Product Eligibility

• Business - Business And Non-personal Entities.

• Other Additional Information: Terms, conditions, fees, charges and lending criteria apply and are available on application

 Bank Fees and Charges

• Security Handling Fee (Event), Amount: 150.00. Additional Information: Charged per occurrence. Payable in the following circumstances; deed of priority, title production, variation of priority, consent or name change.

• Portability Fee (Event), Amount: 300.00. Additional Information: Charged per occasion when you wish to change the security(ies) against an existing loan(s) and there is no change to the existing loan(s) amount, loan interest rate or type, term of the loan(s), product type, borrowers or mortgagors. Discharge fees may also apply.

• Discharge Of Mortgage (Event), Amount: 350.00. Additional Information: For the preparation of a discharge of mortgage.

• Documentation Fee (Event), Amount: 200.00. Additional Information: Payable in the following circumstances: preparation of an additional mortgage; preparation of a guarantee; or where documents have been cancelled or redone, at your request, after contracts have been issued.

• Valuation Fee (Variable), Amount: Not Listed.. Additional Information: Valuation Fee at cost and payable by member.

• Break Cost Fee (Variable), Amount: Not Listed.. Additional Information: Break Cost Fees apply to Fixed Rate Loans only. A Break Cost Fee will be payable by you where a ‘Break Event’ occurs. Refer to the Lending Terms & Conditions document for the definition of a ‘Break Event’ and for details of how a Break Cost fee is calculated.

• Business Loan Application Fee (Upfront), Amount: 600.00. Additional Information: Application Fee of $600 for loans up to $80,000 or 0.75% of loan for loans greater than $80,000

• Business Loan Application Fee (Upfront), Amount: Not Listed.. Additional Information: Application Fee of $600 for loans up to $80,000 or 0.75% of loan for loans greater than $80,000

• Annual Review Fee (Periodic), Amount: 100.00. Additional Information: $100 or 0.25% of outstanding loan amount/credit limit at the time of review, whichever is greater. Applicable to business loans/business lines of credit settledbefore 1 July 2012, and payable at time of review

• Bank Cheque Fee (Variable), Amount: Not Listed.. Additional Information: Bank Cheque Fee at cost to People's Choice per cheque

• Arrears Administration Fee 1 (Event), Amount: 25.00. Additional Information: Payable if you fail to make repayments due under your credit contract and you do not pay an amount sufficient to clear all repayment arrears within 7 days of us notifying you that your account is in arrears.

• Arrears Administration Fee 2 (Event), Amount: 25.00. Additional Information: Payable if you fail to make repayments due under your credit contract and your account remains in arrears for a period of 20 days or more.

• Enforcement Of Mortgage Fee (Event), Amount: 70.00. Additional Information: Charged whenever an enforcement notice is issued in relation to a credit contract that is secured by a mortgage over real property.

• Solicitor's/conveyancer Fee (Variable), Amount: Not Listed.. Additional Information: This fee is payable at-cost on the date of settlement and covers activities such as reviewing the contract of sale, conducting property searches, liaising with your financial institution, and preparing for settlement to ensure a smooth transaction.

• Land Title Office Fees (Variable), Amount: Not Listed.. Additional Information: Any fee payable at-cost on the date of settlement that are charged by the various states Land Title Offices regarding but not limited to registration of mortgage, transfer of title, property and title searches.

 Limitations & Restrictions (Constraints)

• Min Limit of 20000.00 Additional Information: Minimum loan size is $20,000.00