A home loan key fact sheet summarises the important information about a loan and is laid out in a consistent format, making is easier for you to compare loans from P&N Bank with other lenders.
It will provide you with the estimated cost of the loan, including:
- loan repayment per month
- loan repayment per year
- loan establishment fee
- the total amount to be paid back (including loan amount and fees), and
- the total you'll pay back per $1 borrowed.
All credit providers are required to make a key facts sheet available in a consistent format.