Get a lower variable interest rate.
A low-rate, no-frills loan that keeps things simple
A no-frills variable home loan offering a lower interest rate and simple features. The Basic Variable Home Loan is suited to budget-conscious borrowers who want a straightforward loan without the extras.
5.39
%
p.a.
Interest rate
5.45
%
p.a.
Comparison rate
Why choose our Basic home loan?
Don't know where to start?
Not sure where to begin? Our local Lending Specialists are ready to help.
From budgeting and financing to understanding the home buying process, we're here to provide clear, practical support every step of the way. Get in touch today and make confident, informed decisions about your next move.
| Basic home loan Principal & interest |
Interest rate | Comparison rate |
| LVR 60% and Under | 5.29% p.a. | 5.35% p.a. |
| LVR Between 60 - 80 % | 5.39% p.a. | 5.45% p.a. |
| LVR Over 80% | 5.59% p.a. | 5.65% p.a. |
| Basic home loan Interest only |
Interest rate | Comparison rate |
| LVR 60% and Under | 5.39% p.a. | 5.45% p.a. |
| LVR Between 60 - 80 % | 5.49% p.a. | 5.55% p.a. |
| LVR Over 80% | 5.69% p.a. | 5.75% p.a. |
Product Features:
Home Loan |
|
|---|---|
| Included in Relationship Rebate : | Yes |
| Deposit required : | 5%* |
| Establishment fee : | $155 |
| Valuation fees included within establishment fee : | No |
| Ability to increase loan amount (Loan Top Up) : | Yes |
| Additional repayments accepted : | Yes |
| Additional repayments fee : | $0 |
| Annual fee : | $0 |
| Can be used for building : | Yes |
| Early repayments without penalty : | Yes |
| Easy to apply for loan : | Yes |
| Discharge fee : | $200 |
| Interest charges : | Calculated daily, charged monthly |
| Interest only repayments (up to 5 years) : | Yes |
| Loan term : | up to 30 years |
| Maximum Loan-to-Value ratio : | 95% |
| Minimum amount : | $30,000 |
| Maximum amount : | Subject to application |
| Minimum term (years) : | 1 |
| Mortgage offset : | No |
| Partial split loan : | No |
| Rate term : | Variable |
| Repayments : | Monthly, Fortnightly, Weekly |
| Redraw facility : | Yes |
| Redraw fee : | $0 |
| Suitable for vacant land : | Yes |
| Repayment options : | Payroll deduction, Periodical payment, Internet banking |
| Switching fee : | $250 |
| Variable and lump sum repayments : | Yes |
Compare all our rates and fees
Find out all the latest rates and fees for our Home Loans.
Calculators
Borrowing power
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Loan repayments
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Stamp duty calculator
Use our stamp duty calculator to estimate the stamp duty costs on your property.
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