Please be advised that the delivery of your monthly November bank statement has been temporarily delayed. We are working to rectify this as soon as possible and apologise for any inconvenience.
Are you looking for your first home? Enjoy all the benefits from our Advantage Plus Home Loan.
| Variable Rates | Principal & Interest | Interest Only | ||
| Interest Rate | Comparison Rate | Interest Rate | Comparison Rate | |
| LVR of 60% and below | 6.24% p.a. | 6.24% p.a. | 6.24% p.a. | 6.87% p.a. |
| LVR from 60% to 80% | 6.24% p.a. | 6.24% p.a. | 6.24% p.a. | 6.87% p.a. |
| LVR from 80% to 90% | 6.24% p.a. | 6.24% p.a. | 6.24% p.a. | 6.87% p.a. |
| LVR Above 90% | 6.24% p.a. | 6.24% p.a. | 6.24% p.a. | 6.87% p.a. |
| Standard | 7.34% p.a. | 7.34% p.a. | N/A | N/A |
| Fixed Rates | Principal & Interest | Interest Only | ||
| Interest Rate | Comparison Rate | Interest Rate | Comparison Rate | |
| 1 Year | 6.49% p.a. | 7.25% p.a. | 6.49% p.a. | 7.25% p.a. |
| 2 Year | 6.39% p.a. | 7.15% p.a. | 6.39% p.a. | 7.15% p.a. |
| 3 Year | 6.39% p.a. | 7.06% p.a. | 6.39% p.a. | 7.07% p.a. |
| 5 Year | 6.49% p.a. | 6.96% p.a. | 6.49% p.a. | 6.97% p.a. |
| Features | |
| Minimum Amount | $150,000 |
| Maximum Amount | 95% of the property value |
| Loan period | Up to 30 years |
| Repayments | Monthly, fortnightly, weekly |
| Interest charges | Calculated daily, charged monthly |
| Monthly account keeping/service fees | $0 |
| Establishment fee | Waived |
| Legal Fees | Waived |
| Valuation Fees | Waived |
| Additional Repayments Fee | $0 |
| Redraw Facility | Yes fee free. Available on both variable and fixed rate loans. |
| Monthly account keeping/service fees | No |
| Top up facility available | Minimum $10,000 |
| Offset Account | Yes, 100% offset account with a Visa Debit for variable rate loans only |
Whether you need help with budgeting, financing, or understanding the home buying process, we are here to help you with every step of the way and make informed decisions. Submit your enquiry now and take the first step towards your dream home.
For more related frequently asked questions, visit our FAQs page.
With high property prices it can be overwhelming for first home buyers to save for a deposit. However, there is a way to make this more achievable with the assistance of those closest to you.
Watch the dedicated video below for the Parental Guarantee for First Home Buyers.
Laura is a first home buyer and has found a property that she wishes to buy for $700,000. She can afford to make repayments on a loan of $700,000 but doesn’t have enough funds for the 20% deposit. Laura’s parents are happy to assist her in entering the property market and have enough equity to lend against their current property. Laura’s parents offer 15% equity of the $700,000 purchase price from their own property, which when added to her 5% deposit, enables the purchase to proceed without the need for Lenders Mortgage Insurance. This may result in a huge saving for Laura as Lenders Mortgage Insurance can be an expensive extra. In this scenario, $105,000 has been secured against her parent’s property, and the property being purchased. There are two loans in Laura’s name.
*Stamp duty costs may apply and vary depending upon the state the property is in.
Credit eligibility criteria, terms and conditions, fees and charges apply. All information including interest rate is subject to change.
^ Other fees and charges may apply and will be specified at the time the loan is approved. Valuation fee waived for one property only.
