Premium Home Loan Package

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 6.13%, Comparison Rate 6.46%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.18%, Comparison Rate 6.51%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.39%, Comparison Rate 6.71%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.89%, Comparison Rate 7.21%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

 Product Features

• Digital Banking Additional Information: You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.

• Extra Repayments Additional Information: You can make extra repayments on variable rate loans and access the cash when you need it at no cost with our redraw.

• Offset Additional Information: A Mortgage Offset account reduces the amount of interest you pay on your home loan. The amount within this account is offset against your home loan, meaning you only pay interest on the difference.

• Other Additional Information: Eco-Pause: Our Eco-Pause lets customers take a break from their mortgage repayments and redirect their money to eco upgrades such as solar panels, batteries and water tanks. With an eco-pause you can pause your repayments for three months or halve them fditions apply.

• Other Additional Information: Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly

• Other Additional Information: Parental Pause: Welcoming a new family member to the family can place a pretty big strain on finances so we offer you the option of pausing your home loan repayments to give you some breathing space.This allows you to take a break from payments for three months# or halve them for six. Conditions apply.

• Other Additional Information: Construction Loan Offset: We protect an equivalent amount of land on the Bank Australia Conservation Reserve as is being constructed to help offset the environmental impact of land clearing

• Redraw Additional Information: If you're ahead of your repayments, you may be able to redraw fee free, with restrictions if your loan is fixed

 Product Eligibility

• Min Age - 18. Additional Information: Individuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.

• Natural Person Additional Information: Individuals only: Not available for non-personal borrowers.

• Other Additional Information: Applications for loans are subject to the Bank's lending criteria.

• Residency Status - Au. Additional Information: Australian citizen or permanent resident of Australia

 Bank Fees and Charges

• Loan Package Fee (Periodic), Amount: 350.00. Additional Information: Annual fee payable on all Premium Package loans. The fee is debited to the loan annually on the anniversary date of funding and is non refundable. Only one annual package fee applies per customer where multiple package loans exist.

• Mortgage Discharge Fee (Event), Amount: 350.00. Additional Information: Payable when you discharge the mortgage. Statutory government registration fees will still apply

• Portability Fee- Existing Mortgage (Event), Amount: 150.00. Additional Information: Payable when a property securing a loan is replaced with a property that is already registered with a Bank Australia mortgage.

• Valuation Administration Fee (Event), Amount: 250.00. Additional Information: If you request a loan variation, Bank Australia may need to revalue your property before approving the request.

• Portability Fee- New Mortgage (Event), Amount: 500.00. Additional Information: Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia.

• Loan Variation Fee (Event), Amount: 150.00. Additional Information: Payable when transferring from a home loan product to a different home loan product. For example, transferring a variable rate product to a fixed rate product.

• Additional Valuation (Event), Amount: 150.00. Additional Information: The establishment fee covers a standard loan, which includes one valuation. This fee applies for any additional standard residential valuation required.

 Limitations & Restrictions (Constraints)

• Min Limit of 10000.00