Rates & fees

To qualify for Wealth Package you just need to:

• Have total home lending¹with us of at least $150,000 initially
• Pay the Wealth Package annual fee, currently $350

 

Home Loan interest rate and fees saving benefits include: 

For your Standard Variable Rate Home Loan/Investment Home Loan and Line of Credit ³

The following benefits apply:

• No up-front Establishment Fee²
• No Loan Service Fees (normally $8/month for home loans/investment home loans or $12/month for lines of credit)

SPECIAL OFFER for new loans from 9 January 2012:
Initial Total Home Lending	Wealth Package Saving
$150,000 to less than $250,000	0.50% p.a.
$250,000 to less than $500,000	From 0.60% p.a.
$500,000 or more	From 0.70% p.a.

 

For your Standard Fixed Rate Home and Investment Home Loans

The following benefits apply:

• 0.15% p.a. saving on Standard Fixed Rates
• No up-front Establishment Fee²
• No Loan Service Fees (normally $8/month)

 

For your 12 Month Discounted Variable Rate and 1 Year Guaranteed Rate Home and Investment Home Loans⁴

The following benefits apply:

• At the expiry of the 12 Month Discounted Variable Rate and 1 Year Guaranteed Rate, the loan will receive a 0.40% p.a. discount off the Standard Variable Rate
• No up-front Establishment Fee²
• No Loan Service Fees (normally $8/month)

 

Initial Total Home Lending

Wealth Package Saving

	Standard Variable Rate	Fixed Rate	Line of Credit
$150,000 to less than $350,000	0.5% p.a.	0.15% p.a.	0.5% p.a.
$350,000 to less than $750,000	0.6% p.a.	0.15% p.a.	0.6% p.a.
$750,000 or more	0.7% p.a.	0.15% p.a.	0.7% p.a.

 

Important Information:
Please note the special offer Home Loan, Investment Home Loan and Line of Credit interest rate concessions detailed on this page are only available on new loans taken out from 28^th July 2011. All other concessions detailed on this page are only available on new products taken out after 7 July 2008. These offers are subject to change without notice.

• 1. Total home lending balance is the sum of the account balance of home lending accounts and the credit limit of the line of credit accounts that you have with us. Any extra repayment that you make on your Home Loan will reduce your total home lending balance.
• 2. The Bank will not charge any upfront establishment fees on Home Loans, Investment Home Loans or Lines of Credit under the Package. However, a deferred establishment fee may be payable if the Home Loan, Investment Home Loan or Line of Credit was established prior to 21st March 2011 and is repaid in full within four years from the funding date of the loan but excluding repayment during a guaranteed interest rate period. Switching to another loan type permitted by us does not constitute repayment.
• 3. Does not include One Year Guaranteed Rate Home Loans and Investment Home Loans, 12 Month Discounted Variable Rate Home Loans and Investment Home Loans, No Fee Variable Rate Home Loans and Investment Home Loans, Economiser Home Loans and Investment Home Loans, 3 Year Special Economiser Home Loan and Investment Home Loans or Rate Saver Home Loans and Investment Home Loans.
• 4. Does not include Economiser Home Loans/Investment Home Loans and 3 Year Special Economiser Home/Investment Home Loans and 3 Year Special Rate Saver Home/Investment Home Loans
• 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.