Category: Home Loans Last Updated October 15, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED Owner Occupied P&I product. Additional Information Interest is calculated daily and applied monthly
Interest Rate 5.59% PA
Comparison Rate 5.95%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 Features
RedrawAdditional Information: Unlimited redraw using online banking
Digital Banking
OtherAdditional Information: No monthly account keeping fees
OtherAdditional Information: Flexible Repayments - weekly, fortnightly or monthly
OtherAdditional Information: Split loans available
OffsetAdditional Information: Customers can receive up to 8 offset accounts in total.
Product Eligibility
Min Age - 18. Additional Information: 18
OtherAdditional Information: Maximum Loan to Value Ratio of 60%
Residency Status - Must Be An Australian Resident Or Citizen, With An Australian Residential Mailing Address.
OtherAdditional Information: Product is available to approved borrowers only. Terms, conditions, fees, charges and normal lending criteria apply
Bank Fees and Charges
Titleprodfee (Event), Amount: 150.00. Additional Information: Payable when you ask us to produce the title to you or another credit provider
Titlesearch (Event), Amount: 50.00. Additional Information: Payable when you undertake a title search in relation to any security
Settlementattfee (Event), Amount: 75.00. Additional Information: Payable when we are required to attend any settlement on your behalf
Searchfee (Event), Amount: 20.00. Additional Information: Payable when we undertake any search in relation to your company or business at ASIC
Progpayment (Event), Amount: 30.00. Additional Information: Payable on the 8th and any subsequent drawdown on a construction loan
Photocopyfee (Event), Amount: 3.00. Additional Information: $3 per page. Payable when you ask us to photocopy documents for you
Discharge Fee (Exit), Amount: 350.00. Additional Information: Payable when any security is wholly or partially discharged.
Redraw (Transaction), Amount: 30.00. Additional Information: Payable each time you request a cashback on your loan over the counter. For all loans apart from Interest Saver loans, this fee is waived for the first cashback requested each month. This fee does not apply if your request is processed via IBank
Consent Fee (Event), Amount: 150.00. Additional Information: Payable when you ask us to consent to a second mortgage on any security
Defaultfee (Payment), Amount: 20.00. Additional Information: Payable on the last day of each month during which there is an amount overdue for payment on your loan.
Agent Fee (Payment), Amount: 150.00. Additional Information: Payable if we need to instruct an agent in connection with the settlement of your loan
Chqfee (Event), Amount: 10.00. Additional Information: Payable for each cheque required on settlement in excess of five (5) cheques
Duplicatestatementfee (Event), Amount: 2.00. Additional Information: Duplicate Statement Fee - $2 per page of statement produced. Payable when you ask us to produce duplicate statements for you.
Legalcosts (Variable), Amount: 0.00. Additional Information: Priced on application - Payable when we pay our solicitors as a result of your application for a variabtion to, discharge of or our consent to any variation of your agreement or security
Securitysearch (Variable), Amount: 0.00. Additional Information: Priced on application - Payable if we need to search a register in relation to any security
Valfee (Variable), Amount: 0.00. Additional Information: Priced on application - Payable when we have to pay a valuer as a result of your application for our consent to any matter relating to this agreement or the security, a variation of the agreement or security, or for a progress payment under a construction loan
Contractvariationfee (Event), Amount: 300.00. Additional Information: Payable in the event we agree to vary your loan agreement
Dishonourfee (Payment), Amount: 16.00. Additional Information: Payable if a direct debit from another account to your loan is declined or a cheque deposited to your loan account is dishonoured
Switchfee (Event), Amount: 300.00. Additional Information: Payable when you convert from one interest rate option to another. This fee is in addition to any break costs payable