Premium Choice Home Loan

Variable $50,000 - $250,000
Interest rate
4.35 % p.a<
Comparison rate
4.39 % p.a*
Variable $250,001 - $500,000
Interest rate
4.25 % p.a<
Comparison rate
4.29 % p.a*
Variable greater than $500,000
Interest rate
4.15 % p.a<
Comparison rate
4.19 % p.a*
Fixed 2 Years LVR less than or equal to 80% **
Interest rate
3.29 % p.a1
Comparison rate
4.19 % p.a*
Fixed 3 Years LVR less than or equal to 80% **
Interest rate
3.40 % p.a1
Comparison rate
4.14 % p.a*
Fixed 2 Years LVR greater than 80% **
Interest rate
3.50 % p.a1
Comparison rate
4.24 % p.a*
Fixed 3 Years LVR greater than 80% **
Interest rate
3.60 % p.a1
Comparison rate
4.20 % p.a*

*This comparison rate is based on a $150,000 loan over 25 years.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
**At conclusion of the fixed rate period, the loan converts to the Premium Choice Home Loan Variable Rate applicable to the loan amount at funding.
< An interest rate margin may apply based on the size and location of the security property.
1 Interest rate applicable where loan to valuation ratio is less than or equal to 80%. An interest rate margin may apply based on the size and location of the security property.

A fully featured home loan offering competitive interest rates, flexible repayments options and no ongoing monthly fees. Our Premium Choice Home Loan offers the option of either a fixed or variable rate and a choice of principal and interest or interest only payments.

Features and Benefits:

  • 100% Offset Account
  • No monthly loan fees
  • Additional repayments without penalty (variable rate loans only)
  • Free online and mobile banking redraws (variable rate loans only)
  • Interest only option available – margin of 0.50% applies#

Key Features:

Available toIndividuals, Companies and Trusts
Owner OccupiedYes
Construction LoanYes (variable rate loans only)
Minimum loan amount$50,000
Maximum loan amount95% of the property value1
Loan PeriodUp to 30 years
RepaymentsMonthly / Fortnightly / Weekly
Additional RepaymentsYes without penalty (variable rate loans only)
Redraw FacilityAvailable only with variable rate loans
Application Fee$500 – LVR <= 80%
$600 – LVR >80%
Monthly FeeNo
Mortgage Offset AccountYes
Loan Repayment InsuranceAvailable

Fees and Charges

How to get your Home Loan approved quickly

FAQ’s

Lending criteria, terms and conditions, fees and charges apply.
1Lenders Mortgage Insurance is required where the loan is greater than 80% of the value of the security property. This may vary based on the size and location of the property.
#A margin of 0.50% will apply to interest only variable and fixed rate loans. Lenders Mortgage Insurance is required for Interest Only loans where the loan is greater than 78% of the value of the security property.