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Home Loan Variable: 5.98% (6.35%*) • Home Loan Fixed: 5.79% (6.39%*) • Fixed: 5.79% (6.39%*) • Variable: 5.98% (6.35%*) • Investment IO: 6.14% (6.58%*) • Investment PI: 5.99% (6.61%*)

  Real Deal Home Loan Interest Only

One of our best rates, includes redraw and allows additional repayments
Category: Home Loans  Last Updated January 19, 2024  Effective May 19, 2004

 General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied Interest Only product. Additional Information
Interest Rate
6.14% PA
Comparison Rate
6.12%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  Real Deal Special 2
Minimum: 80 PERCENT Maximum: 90 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 7.04%, Comparison Rate 6.88%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  Real Deal Special 1
  • Lending Rate Type: Variable
  • Interest Rate: 6.14%, Comparison Rate 6.12%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied

 Product Features

  • Other Additional Information: This loan type is eligible to be linked to an Everyday Account known as Partial Offset. Please see the Everyday Account Product Schedule or talk to us for more information.
  • Redraw
  • Extra Repayments Additional Information: You can make regular additional repayments and extra lump sum payments.
  • Digital Banking

 Product Eligibility

  • Natural Person
  • Other Additional Information: Credit Approval. Applications for home loans are subject to the Bank's normal credit approval.
  • Residency Status - Must Live In Australia And Be Either: An Australian Citizen, An Australian Permanent Resident Or A New Zealand Citizen.
  • Min Age - 18.

 Bank Fees and Charges

  • International Transfer Inward (Event), Amount: 12.00. Additional Information: Fee applies for the conversion of international transfers in a foreign currency to Australian dollars.
  • Conversion Fee (Event), Amount: 350.00. Additional Information: May be payable when converting loan product type.
  • Dishonour (direct Debit And Cheque) (Event), Amount: 9.00. Additional Information: If you ask us to take a payment, either direct debit or salary deduction and you do not have enough funds in your account to cover this payment, you will be charged a fee.
  • Settlement Cheque Fee Npbs Cheque Only (Event), Amount: 5.00. Additional Information: Payable to us when we are required to issue Financial Institution Cheques for settlement. Financial Institution Cheque means a cheque which is issued by us and drawn on us. Where the settlement cheque is drawn by a third party, the fee charged to us by the third party will be passed on to you. The amount of these third party fees may vary and are unascertainable as at the date of these terms and conditions.
  • Establishment Fee (Upfront), Amount: 595.00. Additional Information: Establishing a loan is an involved process and requires the expertise of trained staff to assess the loan application, create detailed documentation, coordinate settlement and register the mortgage.
  • Redraw Fee Via Branch (Withdrawal), Amount: 25.00. Additional Information: Redraw of advance funds via a Branch.
  • Application Fee (Event), Amount: 350.00. Additional Information: Payable to us when increasing borrowing against an existing security. Also known as a loan top-up.
  • Title Search Fee (Event), Amount: 75.00. Additional Information: This comprises our external searcher’s fee and the Land and Property Information fees. (If the security involves a Community Scheme, or is outside New South Wales, or is old system title, this fee is unascertainable and may be higher. We may charge you what our solicitors or agents charge us to perform this search).
  • Electronic Transfer Fee (Event), Amount: 30.00. Additional Information: Payable to us when we are required to electronically transfer money for settlement.
  • Substitution In Security Fee (Event), Amount: 350.00. Additional Information: Payable when the Security listed on a mortgage is changed. You may also be charged a valuation fee which is unascertainable.
  • Document And Miscellaneous Service (Variable), Amount: Not Listed.. Additional Information: Fee applies if you request copies of documents such as withdrawal slips or statements, you ask us to verify a transaction on your account or you request any other information. It is calculated on an hourly basis, and charged to your account on a pro-rata basis (subject to minimum charges applying) after the search is undertaken.
  • Settlement Reschedule Fee (Event), Amount: 85.00. Additional Information: Payable to us when your discharge settlement is cancelled and/or rescheduled. This fee is payable in either cash or cheque at the time of settlement.
  • Consent Fee (Event), Amount: 200.00. Additional Information: Payable whenever we agree to a change relating to the title of the property.
  • Default Administration Fee 2 (Event), Amount: 50.00. Additional Information: Where more than one repayment is in default (the fee will be charged the month the payment is due and each later month until the month after you pay the amount).
  • Default Administration Fee 1 (Event), Amount: 35.00. Additional Information: Where one payment or less is in arrears at the end of the month.
  • Discharge Administration Fee (Exit), Amount: 250.00. Additional Information: Payable whenever we arrange for a discharge of mortgage. There may also be fees charged by a third party.

 Limitations & Restrictions (Constraints)

  • Min Limit of 50000.00 Additional Information: Note that the credit limit we give you will depend on your ability to meet your repayments.

 Document Downloads

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