Commission Rates
There are two commission options
Option 1
| ex GST | inc GST |
Upfront | 0.70% | 0.77% |
Trail | 0.15% | 0.175% |
Option 2
| ex GST | inc GST |
Upfront | 0.50% | 0.55% |
Trail | 0.25% | 0.275% |
Rates for Bridging, Prestige loans, Construction and short-term interest only loans are as follows
| ex GST | inc GST |
Upfront | 0.50% | 0.55% |
Trail | 0.25% | 0.275% |
A subsequent upfront will be paid where the drawdown amount net of offset has increased at the first-year anniversary of the loan settlement.
Construction and development specific variation to Upfront of 0.20% + GST on the Final Approved amount at loan settlement.
Trail Commissions are calculated on the outstanding balance at the end of the month and are paid on the 10th of the following month.