A home loan with a competitive variable interest rate and no monthly fees. Suitable for customers who don't require the benefits of an offset account.
Category: Home Loans Last Updated April 9, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information
Interest Rate 6.09% PA
Comparison Rate 6.12%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
Basic Home Loan 60.01% - 70%
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.14%, Comparison Rate 6.17%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Basic Home Loan 70.01% - 80%
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.19%, Comparison Rate 6.22%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Basic Home Loan 80.01% to 90%
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.39%, Comparison Rate 6.43%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Basic Home Loan up to 60%
Minimum: 1 PERCENT Maximum: 60 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.34%, Comparison Rate 6.38%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Basic Home Loan 60.01% -70%
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.39%, Comparison Rate 6.43%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Basic Home Loan 70.01% to 80%
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.44%, Comparison Rate 6.48%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Basic Home Loan 80.01% to 90%
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.64%, Comparison Rate 6.68%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Basic Home Loan up to 60%
Minimum: 1 PERCENT Maximum: 60 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.34%, Comparison Rate 6.38%
Repayment Type: Interest Only
Loan Purpose: Investment
Basic Home Loan 60.01% - 70%
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.39%, Comparison Rate 6.43%
Repayment Type: Interest Only
Loan Purpose: Investment
Basic Home Loan 70.01% - 80%
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.44%, Comparison Rate 6.48%
Repayment Type: Interest Only
Loan Purpose: Investment
Basic Home Loan 80.01% to 90%
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.64%, Comparison Rate 6.68%
Repayment Type: Interest Only
Loan Purpose: Investment
Product Features
Redraw
Bill Payment
Npp Enabled
Npp Payid
Product Eligibility
Min Age - 18.
Max Age - 75.
Natural PersonAdditional Information: Available for personal use only.
Bank Fees and Charges
Establishment Fee - Basic Home Loan (Upfront), Amount: 300.00. Additional Information: To cover our costs associated with establishing your loan
Principal Increase Fee (Event), Amount: 300.00. Additional Information: Payable when we process your request to increase the principal amount of your loan
Progress Payment Fee (Event), Amount: 450.00. Additional Information: Payable on the first drawdown after settlement to cover the administration costs of progress payments for your construction or home renovation.
Basic Variation Fee (Event), Amount: 150.00. Additional Information: Payable when we process your request to change or restructure your repayment
Complex Variation Fee (Event), Amount: 300.00. Additional Information: Payable when we process your request that varaies your product, security, interest rate or repayment type, unless switching to Principal & Interest payments.
Redraw Fee (Event), Amount: 20.00. Additional Information: Payable when we manually process your request (eg: in Branch) to redraw available advance funds from your loan account. Excluse online redraws.
Default Administration Fee (Event), Amount: 40.00. Additional Information: Payable if there is an event of default under the terms of your loan
Rtgs ''same Day'' Payment (Transaction), Amount: 20.00. Additional Information: Payable when you request a high value, time critical payment from your account to another financial instituation on a real time basis for "same day" payment
Mortgage Release Fee (Event), Amount: 400.00.
Settlement Fee (Upfront), Amount: 100.00. Additional Information: Payable when we process the settlement of your loan.
