Rates & fees

With our Economiser Home Loan, you can benefit from a low base variable rate in addition to a variety of flexible features and limited fees. To save even more consider our 3 Year Special Economiser featuring a low introductory rate, which reverts to the Economiser Base Variable Rate at the end of the introductory period.

Interest Rates

Economiser Base Variable Rate

6.80% p.a.

Comparison rate

6.94% p.a

 

3 Year Special Economiser Discounted Base Variable Rate1

6.59% p.a

Comparison rate

6.80% p.a.

Establishment Fee

The establishment fee is $600.

Loan Service Fee

The monthly loan service fee for our Economiser Home Loan is $8. No monthly loan service fee applies on 3 Year Special Economiser for the life of the loan, saving you $96 each year³.

What is a comparison rate?

A comparison rate helps you identify the true cost of a loan. It takes into account the interest rate, loan set-up costs, the term of the loan, and any other up front or ongoing fees associated with a loan.

When deciding on the loan that suits your particular needs, it's important to consider all features of the loan, not just the comparison rate. For example, features such as the convenience of Internet banking or flexible repayment arrangements are not included in the comparison rate.

It's also important to know that the comparison rate does not include:

• Government charges, such as stamp duty or mortgage registration fees
• Fees and charges associated with certain loan options that may or may not be used by the lender, such as early repayment or redraw fees
• Fees and charges which may not be available at the time the comparison rate is provided

Important information

• All comparison rates are calculated on the basis of secured credit of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
• 1. 3 Year Special Economiser is a discounted Base Variable Rate for 3 years for new borrowings only, which converts to the Economiser Base Variable Rate current at the time after the 3 year period. Not available for Low Documentation Loans.
• Applications for finance are subject to the Bank's normal credit approval. Full terms and conditions will be included in the Bank's loan offer. Other fees and charges may be payable.