Essentials Home Loan Package

The Essentials Home Loan Package is designed to reward you for having your banking with us. By packaging your home loan, you can enjoy significant savings on your borrowing, everyday transaction account and insurance services all for one annual fee. This package offers a variety of features and benefits that you will love.

Features

  • Save up to 0.70%pa off the Standard Variable Home/Investment Rate
  • No upfront Establishment Fee
  • No Loan Account Keeping Fees

 

Interest Offset

Link your Essentials Account to your Essentials Home Loan and you'll be able to offset the funds in your account against your loan. You could end up saving thousands of dollars in interest and cut years from the term of your loan.

There is a maximum cap on the value of funds which will offset on your loan of $50,000.

Transaction Account

With your package you get an Essentials Account which will give you everything you need for your day to day banking needs. Have your salary credited directly into this account and your home loan repayments automatically debited to make things easier for you.

We even waive the Monthly Account Service Fee.

Pre Approved Credit Card

Deal with any expenses that may crop up during the buying and moving process with your pre approved credit card.

We'll waive the credit card Annual Fee whilst your Essentials Home Loan Package is in place.

Protect Your Assets

We want to help you protect your asset and what better way than to insure with the Territory's largest insurer. You receive a 10%pa discount on your home, contents or landlord insurance for the life of your Essentials Home Loan Package.

Your property is one of the biggest purchases you may ever make, so have the peace of mind knowing you've protected your purchase with one of our insurance options.

To be eligible you need to:

  • Maintain a minimum combined loan amount of $150,000,
  • Make your loan repayments from your Essentials Account,
  • Have your home, contents or landlord insurance with TIO, and
  • Hold an Essentials Credit Card.

 

If you are a first home buyer you can take advantage of the First Home Buyer Option. 

All applications for loans and credit cards are subject to TIO's normal credit approval process. Fees, charges, terms and conditions apply and are available on application. TIO recommends that you consider all these before deciding whether or not to acquire the product. Interest rates are subject to change. TIO is Government guaranteed and not regulated by APRA. TIO ABN 72 532 995 678.