Loans

1
Loans The Costs, Types and Graphs
2
Home Loan Costs

• Home Loan Application and Lender Fees
• Depending on the lender these fees will differ,
  but could include
• Loan application fee
• Loan establishment fee
• Service fee
• Valuation fee
• Legal fees (mortgage related)
• Account transactions fees
• Exit fees (or Deferred Establishment Fees)

3
More Costs

• Lenders Mortgage Insurance
• Mortgage Registration, Property and Mortgage
  Stamp Duty
• Legal Fees
• Building inspections
• Pest and Termite Inspection

4
Lets buy a house

• ANZ Loan Fee Calculator

5
Types of Home Loans

• Standard Variable Home Loan Basic Variable Home
  Loan
• Fixed Rate Home Loan
• Combination or Split Home Loan
• No Deposit Low Deposit Home Loan
• Introductory or Honeymoon Rate Home Loans
• All-In-One Home Loan
• Line of Credit/Equity Home Loans
• Loc Doc Loan
• Bridging Home Loan
• Interest Only Home Loan

6
Loan Graphs
7
Reducing Balance Loans
8
Reducing Balance Loans
9
Reducing Balance Loan Graphs

• Spreadsheet

10
Flat Rate Loan Graphs

• Spreadsheet 2