Terms, conditions, fees, charges and normal lending criteria apply.
Rates correct as at 27 April 2022 and may change without notice.
*Interest rate is only available to owner-occupied loans on myBlue principal and interest repayments with less than or equal to 60% Loan to Value Ratio (LVR). Interest rates for investment loan purposes, interest only loans and other applicable LVR tiers will differ. Terms, conditions, fees, charges and normal lending criteria apply. **The comparison rate is calculated on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Hume Bank Limited ABN 85 051 868 556. AFSL and Australian Credit Licence No: 244248.
1. Comparison rate based on a secured loan of $150,000 over 25 years. 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.
2. This rate is available to Investment loans (both refinance and new loans to Hume Bank) with principal and interest repayments. The rate may be withdrawn without notice at any time, at which point only approved loans funded with 3 months of the offer end date will continue to be eligible.
3. Additional repayments can be made at any time, however if the total of the additional payments to the loan exceed the balance at the commencement of the fixed rate period by 25%, a break cost fee may be payable.
4. The Break Cost is calculated as follows: (A X E X B)/12 where A is (a) the amount of the early repayment or (b) the balance on your loan on the day the interest rate is varied, E is the difference between Hume Bank's fixed interest rate for the remainder of the fixed rate period and the fixed rate that applies to your loan, and B is the number of full months left in the fixed rate period.
To view the Target Market Determination for this product please visit our Target Market Determinations page.