A P&N Bank Easy Living Home Loan is a reverse mortgage option for those in the Perth area and over 65. It lets you increase your retirement income by giving you access to the equity in your home.
- Move with the market - variable interest rates may lead to lower loan repayments.
- Enjoy your retirement - choose to make no repayments and settle your loan when your property is sold.
- Optional repayment options - you may make repayments to your Easy Living Home Loan by making interest only, lump sum or regular repayments, the choice is yours.
- Redraw facility - your funds may be accessed at any time you need them.
- For loans of all sizes - obtain a loan that suits your needs starting at $10,000 up to 35% of the property value.
|Easy Living Home Loan||5.40% p.a.||5.40% p.a.|