No Frills Owner Occupied Home Loan

Variable - Loan to valuation ratio equal to or less than 80%
Interest rate
3.39 % p.a1
Comparison rate
3.42 % p.a*
Variable - Loan to valuation ratio greater than 80% and equal to or less than 90%2
Interest rate
3.59 % p.a1
Comparison rate
3.63 % p.a*
Variable - Loan to valuation ratio greater than 90%2
Interest rate
3.79 % p.a1
Comparison rate
3.83 % p.a*

1 An interest rate margin may apply based on the size and location of the security property

2Lenders Mortgage Insurance is required where the loan is greater than 80% of the security property.  This may vary based on the size and location of the property.

This comparison rate is based on a $150,000 loan over 25 years. 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. 

As we grow our needs change. When making your biggest financial decision, trust a local with foundations built over sixty years. Get a head start with the No Frills Owner Occupied Home Loan, which offers a low interest rate and flexibility. We want to make buying your own home a smooth and easy experience.

Features and Benefits:

  • Available to those looking at purchasing a home or those looking to refinance from another lender
  • Additional repayments without penalty
  • Free online and mobile banking redraws
  • Interest only option available – margin of 0.50% applies#

Key Features:

Available toIndividuals, Companies and Trusts
Owner OccupiedYes
Construction LoanNot Available
Minimum loan amount$150,000
Maximum loan amount90% of the property value plus2 Lenders Mortgage Insurance Premium  
Loan PeriodUp to 30 years
RepaymentsMonthly / Fortnightly / Weekly
Additional RepaymentsYes without penalty
Redraw FacilityYes
Application Fee$500 – LVR <=80%
$600 – LVR >80%
Monthly FeeNo
Mortgage Offset AccountNo
Loan Repayment InsuranceAvailable
EligibilityNew Loans Only or existing borrowers who apply for an increase in their home loan of $150,000 or more.

Fees and Charges

How to get your Home Loan approved quickly

FAQ’s

Lending criteria, terms and conditions, fees and charges apply. The Capricornian reserves the right to withdraw or alter this offer at any time.

#Lenders Mortgage Insurance is required when the loan is greater than 78% of the value of the security property.