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Mortgage Power Line of Credit LVR between 80.01% - 90%

Interest Rate
6.14%
Comparison Rate
0.00%
Application Fee
$0
Monthly Repayment
Loan Amount:
Loan Term:
Repayment Type:
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Features
 
Offset Account
No
Offset Costs
N/A 
Redraw Facility
Yes
Redraw Cost
Free 
Min Loan Amount
$150,000 
Max Loan Amount
 
Fees
 
Annual Fee
$350
Monthly Fee
$0
Application Fee
$0
Discharge Fee
0
Settlement Fee
n/a
Early Repayment
n/a
 
Description
Citibank Mortgage Power is a revolving line of credit with an approved credit limit that is secured against your property. This means you can access the equity in your home through the same means as an everyday transaction account - ATMs, cheques, BPAY etc - but you are only charged interest on money that you withdraw and the rate is much lower than a credit card rate. In essence, by using your home loan as a line of credit, you can make significant savings when you fund the other big purchases in your life, such as cars, school fees or holidays.
 
 
 

Mortgage Power Line of Credit LVR between 80.01% - 90%

Interest Rate
6.14%
Comparison Rate
0.00%
 

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