Our Interest Only Ultimate Home Loan Package bundles your home loan, an everyday account & our low rate credit card. Includes establishment fee waivers on personal loans, no annual fee on a visa credit card and access to discounted general insurance.
Category: Home Loans Last Updated December 11, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a FIXED Owner Occupied Interest Only product. Additional Information Special 2 Year Fixed Package Rate (<80%) - Interest Only. Not available for restructure of existing Queensland Country loan facilities. May be withdrawn at any time before a loan contract is entered into. Comparison Rate calculated on a secured loan of $150,000 over a 25 year term based on monthly repayments. Following fixed rate expiry, the loan will revert to a variable interest rate with a 2.5% discount off the Standard Variable Rate.
Interest Rate 5.59% PA
Comparison Rate 6.45%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..
OWNER_OCCUPIED, FIXED, 6.49%
Lending Rate Type: Fixed
Interest Rate: 6.49%, Comparison Rate 8.36%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 6.29%
Lending Rate Type: Fixed
Interest Rate: 6.29%, Comparison Rate 8.14%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 6.49%
Lending Rate Type: Fixed
Interest Rate: 6.49%, Comparison Rate 8.18%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 6.29%
Lending Rate Type: Fixed
Interest Rate: 6.29%, Comparison Rate 7.97%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 6.49%
Lending Rate Type: Fixed
Interest Rate: 6.49%, Comparison Rate 8.03%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 5.89%
Lending Rate Type: Fixed
Interest Rate: 5.89%, Comparison Rate 6.55%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 6.09%
Lending Rate Type: Fixed
Interest Rate: 6.09%, Comparison Rate 6.74%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 5.59%
Lending Rate Type: Fixed
Interest Rate: 5.59%, Comparison Rate 6.45%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, FIXED, 5.79%
Lending Rate Type: Fixed
Interest Rate: 5.79%, Comparison Rate 6.65%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, VARIABLE, 5.89%
Lending Rate Type: Variable
Interest Rate: 5.89%, Comparison Rate 6.23%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, VARIABLE, 5.89%
Lending Rate Type: Variable
Interest Rate: 5.89%, Comparison Rate 6.23%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
OWNER_OCCUPIED, VARIABLE, 8.59%
Lending Rate Type: Variable
Interest Rate: 8.59%, Comparison Rate 8.65%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Product Features
Digital Banking
OffsetAdditional Information: 100% Mortgage Offset account for owner occupied home loans.
OtherAdditional Information: Discounted variable or fixed interest rate owner-occupied loans. Available for interest only repayments to approved applicants
OtherAdditional Information: Payments can be arranged weekly, fortnightly or monthly.
OtherAdditional Information: Loan Terms up to 30 Years.
OtherAdditional Information: 10% discount on home and contents insurance through our insurance partner for the first year.
OtherAdditional Information: Maximum loan to valuation ratio of 80% without Lenders Mortgage Insurance (LMI).
OtherAdditional Information: Home Loan Establishment fee waived whilst an Ultimate Home Loan Package is held.
OtherAdditional Information: Personal Loan Establishment fee waived whilst an Ultimate Home Loan Package is held.
Redraw
Product Eligibility
Min Age - 18.
Natural Person
OtherAdditional Information: Maximum loan to valuation ratio of 80% without Lenders Mortgage Insurance (LMI) or up to 95% where LMI is approved
Residency Status - Loans Are Available To Members Of The Bank Who Are Permanent Residents Of Australia And Currently Live In Australia..
Bank Fees and Charges
Package Fee (Periodic), Amount: 395.00. Additional Information: Package Fee charged on commencement of Ultimate Home Loan Package and annually on anniversary of the commencement date. If multiple loans are held under the Ultimate Home Loan Package member can nominate applicable loan to be charged.
Mortgage Settlement Fee (Event), Amount: 450.00. Additional Information: Payable on payout of your mortgage loan to prepare the release of mortgage - waived if paid out due to sale or with own funds
In Branch Redraw Fee (Event), Amount: 8.00.
Online Redraw Fee (Event), Amount: 0.00.
Other Credit Fees (Event), Amount: 0.00. Additional Information: Refer to our Fees and Charges brochure for information on other fees and charged which may apply.
Arrears Letter Fee - Second Arrears Letter (Event), Amount: 40.00.
Arrears Letter Fee - Default Notice Prior To Enforcement (Event), Amount: 70.00.
Early Repayment Fee (Variable), Amount: 0.00. Additional Information: Charged on Fixed Loans. Payable when breaking your fixed rate period. Refer to your Credit Contract for more details.
Rate Lock Fee (Event), Amount: 350.00. Additional Information: Charged when opting to lock in an approved fixed rate, for a term of up to 90 days
Limitations & Restrictions (Constraints)
Min Limit of 100000.00 Additional Information: Available where total borrowings from the Bank are $100,000 and over.
