La Trobe Financial Product Details:
PARENT-2-CHILD (P2C) - FIRST HOME ASSISTANCE LOAN

Product Name First Home Owner (P2C®)
Current Rate^ from 3.00%^
Comparison Rate* n/a
Security Type Residential security (Parent discounted 2nd mortgage covering deposit)
Loan Purpose Purchase or build a first home
Verification Required Full Doc or Lite Doc® method
Personal or Business/Investment Purposes Both
Minimum Loan Amount $100,000
Maximum Loan Amount $5,000,000
Maximum LVR 105% of property purchase price
Lenders Mortgage Insurance required No < 80% LVR (saving you thousands in LMI)
Maximum Loan Term 25 Years
Repayment Type Principal & Interest
Maximum Interest Only Term n/a
Interest Rate Type Variable
Redraw Available No
Application Fee (excl. Val. & Legal Fees) from $1,000
Risk Fee $0
Additional Repayments Yes

* The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Terms, conditions, fees, charges and La Trobe Financial Lending criteria apply. ^ Depends on loan amount and risk grade of borrower.