Must know changes: 
Update to SMSF interest rates and servicing calculator

Posted: 11-03-2024

Here are the changes you need to know, effective 11 March 2024.

 

SMSF Loans

Extended until 16 May 2024, continue to enjoy access to our Smart Start promotions.

Residential
security SMSF loans

Help your SMSF loan clients unlock savings with promotional interest rates1 and 50% off our establishment fee2.

Commercial
security SMSF loans

For a limited time, your Prime commercial security SMSF loan clients can access up to 25bps off interest rates3.

SMSF loan options are for corporate trustee SMSF borrowers only.

For more information, including the full range of interest rates and fees, see the SMSF rate card. 

    

What's New?

Servicing calculator

We’ve updated our servicing calculator. It now aligns with the latest HEM benchmarks and serves as your one-stop for home, commercial, and SMSF loan servicing.

Information is correct as of 11 March 2024 and subject to change at any time. 
 
Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. Information provided is factual information only and isn’t intended to imply any recommendation about any financial product(s) or constitute tax advice. It’s recommended that Independent legal, financial and tax advice is obtained.

1Interest rate promotion (Promotion) applies to new SMSF residential security loan applications. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00 am AEDT 16 October 2023 and 11:59 pm AEDT 16 May 2024. Applications lodged after the Promotion period will be offered the current interest rates then applicable. This Promotion is subject to change and may be varied or withdrawn at any time. The actual interest rate will depend on the borrower’s circumstances and the information verified during the loan application assessment.

2Establishment fee promotion (Promotion) applies to new SMSF residential security loan applications. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00 am AEDT 16 October 2023 and 11:59 pm AEDT 16 May 2024. Applications lodged after the Promotion period will be offered the current establishment fee then applicable. This Promotion is subject to change and may be varied or withdrawn at any time.

3Interest rate promotion (Promotion) applies to new SMSF commercial security loan applications. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00 am AEDT 15 February 2024 and 11:59 pm AEDT 16 May 2024. Applications lodged after the Promotion period will be offered the current interest rates then applicable. This Promotion is subject to change and may be varied or withdrawn at any time. The actual interest rate will depend on the borrower’s circumstances and the information verified during the loan application assessment.

© Pepper Money Limited ABN 55 094 317 665; AFSL and Australian credit licence 286655 is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647.

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