Basic Home Loan

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 7.19%, Comparison Rate 7.22%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 7.84%, Comparison Rate 7.65%
• Repayment Type: Interest Only
• Loan Purpose: Investment

• Lending Rate Type: Introductory
• Interest Rate: 6.14%, Comparison Rate 6.57%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 7.59%, Comparison Rate 7.62%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

 Product Features

• Digital Banking

• Redraw

• Other Additional Information: Additional repayments allowed

 Product Eligibility

• Residency Status - True. Additional Information: Must be an Australian citizen or permanent resident

• Min Age - 18.

 Bank Fees and Charges

• Temporary Overdraft Approval Fee (Event), Amount: 90.00. Additional Information: Where we allow you to draw on a temporary overdraft to assist with mortgage related costs this fee will apply.

• Loan Restructure Fee (Upfront), Amount: 200.00. Additional Information: Applies when you switch your existing Regional Australia Bank home loan to a different loan type, other than a Partnership Advantage.

• Late Payment Notice Fee (Event), Amount: 20.00. Additional Information: Applies when you fail to make your contracted repayments by the repayment due date.

• Mortgage Documentation Preparation (Variable), Amount: 250.00. Additional Information: Applies when we are required to prepare mortgage documentation relating to a property offered as security for your loan.

• Discharge Of Mortgage Preparation (Event), Amount: 250.00. Additional Information: Applies when we are required to prepare discharge of mortgage documentation relating to a property held as security for your loan.

• Default Notice Fee (Event), Amount: 30.00. Additional Information: Applies when you fail to make your contracted repayments and we are required to issue a default notice to you.

• Loan Top Up Fee (Event), Amount: 195.00. Additional Information: A “top up” is additional borrowing against a property that we hold an existing mortgage over. This fee applies on approval of the additional borrowing.

• Agency Settlement/handing Fee (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies in the event that we require an agent to attend a settlement or handle documentation, relating to your loan.

• Registration Of Discharge Of Mortgage (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies when we are required to register a discharge of mortgage relating to a property held as security for your loan.

• Property Valuation Costs (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies when we are required to value each property offered or held as security at the commencement of your loan, and when required throughout the life of your loan.

• Registration Of Transfer (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies when we are required to register a transfer of land relating to a property held as security for your loan.

• Pexa Processing Fee (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies when we process a settlement relating to your loan through PEXA.

• Registration Of Mortgage (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies when we are required to register a mortgage relating to a property offered as security for your loan.

• Title Search (Variable), Amount: Not Listed.. Additional Information: Contain service fees charged to us, on behalf of members, by other financial institutions or organisations. This fee applies when we are required to perform a title search relating to a property offered, or held, as security for your loan.

 Limitations & Restrictions (Constraints)

• Min Balance of 100000.00 Additional Information:  The Basic Home Loan is only available for owner occupied or residential investment borrowings with over $100,000 of new lending.