Rates & fees

Interest Rate

 

Standard Variable Rate

7.31% p.a.

Comparison rate

7.45% p.a.

 

Establishment Fee

The up-front establishment fee is $600.

Loan Service Fee

The monthly loan service fee is $8.

Great Savings with Wealth Package

Save up to 0.70% p.a. on our Standard Variable Rate with Wealth Package. You also benefit with no up-front establishment fee and no monthly loan service fees for the life of the loan, as well as savings on banking, investment and insurance services.

Find out more about our Wealth Package.

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

• 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.
• An annual fee and eligibility criteria applies to Wealth Package and terms and conditions are available on application.