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Simply Better Constructor Rate | Financial Hub

Provides you with the comfort that enables your home construction journey to go as smoothly as possible.┬áThis is the perfect loan if you’re constructing a property.

Simply Better
Constructor Rate
Comparison Rate



Rates correct as at 24 May 2016


Annual Fees No annual fees.
Break Costs No break costs if you pay out our variable loan early.
Repayment Frequency Weekly, fornightly or monthly.
Interest only Pay the interest and no principal on the loan for a specified timeframe.
Extra Repayments Unlimited on variable rate product
Loan Splitting Up to 4 accounts allowed. Minimum account size $20,000.
Loan Portability If you buy another property
Redraw Easily available.
Maximum loan size to property value (LVR) You can borrow up to 90% of the property’s value plus capitalisation of Lenders Mortgage Insurance (LMI). Up to 80% of the property’s value does not require LMI.

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