Toyota Money

Variable Rate Home Loan

A great value home loan packed with a full range of flexible features, to meet your needs both now and in the future, and help you pay off your loan sooner.

Our Standard Variable Rate Home Loan is available for:

  • financing the purchase of a home for either occupation or investment,
  • refinancing an existing mortgage, or
  • other personal purposes such as doing some renovation work.


Key Benefits:

  • Flexible repayment options
  • Competitive interest rate
  • Extra repayments at any time
  • Fully portable if you decide to move
  • Interest only option available
  • Loan terms up to 30 years
  • No ongoing account keeping fees*
  • Simple application process 
  • Easy access to your account via telephone and internet 


Key Features:

Features Description
Loan Amount

Minimum $20,000 / No Maximum
Security Residential property
Term Minimum 10 Year / Maximum 30 Years
Repayment Options

Principal & Interest / Interest Only
Repayment Frequency

Weekly, fortnightly, monthly
Redraw Yes – only available on variable rate loan
Portability Yes – transfer the loan to a different property
Loan to Value Ratio Maximum 95% with mortgage insurance
Maximum 80% without mortgage insurance
Extra Repayments Make as many extra repayments as you want


Fees and Charges:

Fees Description
Valuation Fee From $226 for metropolitan properties valued up to $1 million
Solicitor Fee From $424
Account Keeping Fees No ongoing account keeping fees
Other fees and charges may apply*


 

*Terms and Conditions apply. Details on all fees and charges are available upon request.

© Toyota Finance Australia Limited 2007.