Smart rates and fees

Posted: 16-05-2024

Here are some changes you need to know about, effective 16 May 2024.  

Residential security SMSF loans

Promotional interest rates1 from:

  • 7.24% p.a.2 for Prime and;
  • 7.94% p.a.2 for Near Prime and;
  • 50% off Application fees3.

Commercial security SMSF loans4

Promotional interest rates from:

  • 7.99% p.a.5 for Prime and
  • 8.94% p.a.5 for Near Prime

SMSF loan options are for corporate trustee SMSF borrowers only.

For the full range of interest rates and fees, see our SMSF rate card.

    

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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 5:00 pm AEST 27 June 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 This Promotion is subject to change and may be varied or withdrawn at any time.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. 

2 Until 11:59 pm AEST 27 June 2024, Prime SMSF residential security loan option interest rates range from 7.24- 7.74% p.a., and Near Prime SMSF residential security loan option interest rates range from 7.94 - 8.24% p.a. Promotion SMSF residential security loan interest rates are correct as at 16 May 2024, are subject to change and may be varied or withdrawn at any time. The actual interest rate applicable will depend on the individual borrower's circumstances.

3Application 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 5:00 pm AEST 27 June 2024. Applications lodged after the Promotion period will be offered the application fee then applicable. This Promotion is subject to change and may be varied or withdrawn at any time. 

4Interest 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 AEST 27 June 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.

5Until 11:59 pm AEST 27 June 2024, Prime SMSF commercial security loan option interest rates range from 7.99 - 8.27% p.a., and Near Prime SMSF commercial security loan option interest rates range from 8.94 - 9.39% p.a. Interest rates are correct as of 16 May 2024, are subject to change and may be varied or withdrawn at any time. The actual interest rate applicable will depend on the individual borrower's circumstances.

© 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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