| Loan size: |
- $30,000 - $750,000 (subject to MMG's loan program restrictions)
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| Interest rate: |
- Discount of further 0.10%
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Interest rate:
(12 months after settlement) |
- Additional discount 0.10%
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| Loan Programs available: |
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| Loan Products available: |
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| Loan Features available: |
- All current Loan Product features available (including fixed rates)
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| Lending criteria: |
- Current MMG lending criteria applies
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Designated Early
Repayment Fee (DERF): |
- Current MMG criteria applies
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| Annual fee: |
- $300 plus GST
- Annual fee is payable at settlement
- One Annual fee is payable per total loan facility (not loan split)
- Annual fee is payable on anniversary of settlement each year and will be debited directly from the loan facility
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| Settlement fee: |
- $250 plus GST
- Settlement fee is payable at settlement per total facility (not loan split)
- Subsequent increases incur a $125 plus GST Settlement fee
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| Deferred Establishment fee: |
- A Deferred Establishment Fee of one times the notional repayment will be payable where the approved total loan facility (or loan split) is repaid in full and closed within the first five years
- The notional repayment is defined as the calculation of a monthly repayment assuming that the loan is fully drawn
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This information is subject to change by MMG at its sole discretion and no responsibility is assumed by MMG or its employees to any other person for any loss or damage (whether caused by negligence or not) from the use of the information and advice contained herein.
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