Rates & Fees

 

Interest Rates

3 Year Special Economiser Discounted Base Variable Rate1	5.06% p.a	Comparison Rate	5.22% p.a.	View schedule
Economiser Base Variable Rate	5.23% p.a.	Comparison Rate	5.36% p.a.	View schedule

 

Special Offer

Establishment Fee
No up-front establishment fee applies on 3 Year Special Economiser, saving you $600 (until 01/02/2009)

Loan Service Fee
No monthly loan service fee applies for the life of the loan, saving you $96 each year.

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 fee-free 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

• 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. No Establishment Fee offer (until 01/02/2009) and no Loan Service Fee offer are only available if there is one security and off the plan loans are excluded. A deferred establishment fee of $700 may be charged if the loan is repaid within 4 years. 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. Terms and conditions are available at commbank.com.au or at any branch.
• All comparison rates are calculated on the basis of secured credit of $150,000 over a 25 year term. Comparison rate schedules are available by calling 13 2224 or by visiting any branch. 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.