Add ons

Interest Off-Set

Link a Mortgage Interest Saver Account (MISA) to your Standard Variable Rate Home Loan and you’ll be able to offset the funds in your account against your loan. You could end up saving thousands of dollars in interest and cut years from the term of your Home Loan.

There is an initial deposit minimum of $1,000 and after that both the minimum deposit and the minimum withdrawal is $500. However, there are no fees with this account.

Find out more about our Mortgage Interest Saver Account.

Deposit Guarantee

A Deposit Guarantee¹ can be a useful alternative to a cash deposit on a home purchase. This add-on is a quick and easy way to pay a deposit if your cash is tied up in other investments or you're waiting to sell your existing property.

The fee for Deposit Guarantee is from 1.2% of the overall deposit.

Find out more about our Deposit Guarantee.

 

To find out more about how our Add-ons could benefit you, simply contact our loan experts.

 

Important Information:

• 1. We act as an agent for Vero Insurance Limited to provide Deposit Guarantees. Vero Insurance issues Deposit Guarantees under the registered trademark ‘Deposit Power’. We receive commission for each Deposit Guarantee we sell. You can only apply for a Deposit Guarantee after you have unconditional loan approval (only subject to valuation).
  
• As this advice has been prepared without considering your objectives, financial situation or needs, you should before acting on this advice, consider its appropriateness to your circumstances. If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.
• Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Other fees and charges are payable.