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SBS Bank - Construction lending

Bank

last updated on 2022-10-18 18:44:29

Plan details T&C
https://cdn.moneycompare.co.nz/uploads/web/logo/1/s1DYEDp75JqMpmocvgl_CEh248i0hi12.png

Overview

Rating

Fixed Rate

-

Floating rate

5.94%

Min borrowing period

No data

Establishment fee

No data

Early repayment/part prepayment fee

May vary

Сashback

 

Fixed rate period

12 months

Maximum borrowing amount

No data

Max borrowing period

360 months

Payment frequency

weekly, monthly, fortnightly

Default penalty interest rate

+8%

Type

Mortgage purpose

  • Building
  • First Time Buyer

Loan to value ratio

Standard LVR

80%

low equity interest rate premium
LVR between premium interest rate
80.01% - 100% 0.5%
Max LVR

80%

Requirements

Requirements

  • 18+
  • NZ Residency