ANZ Equity Manager Breakfree

The ANZ Equity Manager Breakfree Package comes with a discount on the standard variable interest rate up to 0.5%, during the full loan term. The largest saving are for loans up to $250,000 with the Equity Manager loan.

You get access to discounts and benefits on certain ANZ home and investment loans, plus ANZ products and services. The package combines an assortment of discounts bank accounts, services, even credit cards that are offered through ANZ.

Additionally, you will not have to pay home loan application fees or service fees on specified ANZ products if you choose the Equity Manager Breakfree Package.

KEY BENEFITS

The following key benefits are available with the ANZ Equity Manager Loan Package:

Additional Payments

You have the option of paying additional payments above the required payment so the loan gets paid off faster.

Repayment Holiday

A repayment holiday allows you to suspend repayment for up to three months. This can provide you with a break in order to catch up on other payments or save money.

Interest Only Repayment

The repayment option gives you a break from paying the principal by allowing you to pay on the interest on monthly payments.

Redraw

This allows you to remove money from the loan account from the funds already paid on the mortgage provided that you are paid ahead on the scheduled monthly payments.