* Minimum 6 month term
** The Bank will not charge any upfront establishment fees on Home Loans or Investment Home Loans under the Package. However, a deferred establishment fee may be payable if the Home Loan or Investment Home Loan is repaid in full within four years from the funding date of the loan but excluding repayment during a guaranteed interest rate period. Switching the loan, to another loan type permitted by us does not constitute repayment but a switching fee will apply.
Savings on CommInsure Insurance varys
and therefore cannot be reliably estimated.
To be eligible for Wealth Package Plus you must have total holdings with the Commonwealth Bank Group of at least $150,000 initially and $100,000 on an ongoing basis where holdings refers to the sum of bank deposits, investments or lending in which you are an accountholder or borrower (excluding general and life insurance premiums or policies, business accounts, family investment companies, family investment trusts and loans in which you are a guarantor) with the Commonwealth Bank Group and pay an annual fee, currently $495.00.
Assumptions:
Interest savings are calculated by assuming the loans are interest only loans. Savings are approximate and compare Wealth Package Plus with the Commonwealth Bank Group's standard interest rates and fees for the products mentioned. It is recommended that the client seek advice from their financial adviser. Applications for finance are subject to the Bank's normal credit approval. Full terms and conditions will be included in our loan offer. Other terms and conditions are available upon application. Other Bank and Government charges apply. Please see Benefits and Terms and Conditions links for full details of the package. Commonwealth Securities Limited ABN 60 067 254 399.
This material has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this material, consider the appropriateness of the information, having regard to the individual's objectives, financial situation and needs and; if necessary, seek appropriate professional advice.
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