What is the current interest rate and what fees will I pay?

Our current interest rate is 8.45% (comparison rate 8.48%*).

Inviva's Home Equity Release Loan and Investment Property Equity Release Loan have an upfront loan establishment fee of $995** to arrange settlement of the loan and include an online valuation and documentation. If a full in person valuation is requested by you or required by us, this will be passed on at cost. As part of the application process, we will let you know in advance if a full in person valuation is needed, and you may be required to pay for this separately in advance. The loan establishment fee is deducted from the loan amount at settlement along with any government charges that apply.

There is no ongoing monthly fee, however there is a discharge administration fee of $450 payable on discharge of any security interest either during or at the conclusion of the loan.

* Comparison rates are based on a secured loan of $150,000 over a 25-year term.

WARNING: comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

**Higher establishments fees may apply for more complex loans. We will get in touch with you with a quote if applicable.

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