Features & benefits
- Only pay interest on what you withdraw
If you do not withdraw funds from your approved line of credit, we will not charge you interest.
- Full flexibility to withdraw what you need, when you need it
It is a line of credit, so you can keep depositing and withdrawing up to your approved credit limit.
- Repayments that suit you
You can choose your own repayment schedule.
- Easy access to your money
You can access your money any time using ATMs, our Internet Banking or JTR Mobile tools.
- Transparent fees
All fees associated with opening a Home Equity Loan will be communicated with you clearly and early-on so you know exactly what to expect.
The numbers
| Interest rate | 8.25% p.a. for loan limit US$200,000 and above (variable)
8.50% p.a. for loan limit below US$200,000 (variable) |
| Loan approval fee | 1% of loan amount |
| Minimum loan amount | US$10,000 |
| ការសងរំលោះមានភាពបត់បែន | Up to 80% of the property valuation or $1.5M (whichever is lower) |
| Maximum loan term | 15 years |
| Early repayment fee | 4% for lump sum payment within lock-in period |
| Redraw fee | US$100 |
| One-off associated costs (payable when Letter of Offer is issued) |
Property valuation: US$150-$250
Legal fee: $200 Collateral title deed registration: starts from $185* |
| Other one-off associated costs | Fire insurance (must be renewed annually) |
Interest rate is calculated daily and charged at the end of each month.
All of these fees are subject to change without notice.
How to apply
- Read our guide: '7 steps to purchase your property' so you know what to expect from the application process.
- Please fill in this short home loan enquiry form and one of our expert Lending Managers will contact you within one business day.
- Be sure to review our pricing and terms and conditions.
