Gateway BankCommercial Property Loan IO
Commercial Property Loan IO
At a glance
- Variable
- 9.09%
- Loan size
- $250,000 to $4,000,000
- Upfront fee
- $1,500
- Monthly fee
- $25
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 9.09% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 37th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 9.09% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 37th lowest of 47 |
Rates
Every rate Gateway Bank publishes for this business loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableCommercial Property Loan I/O (<60% LVR) | Investment, Interest only | - | - | 9.09% | - | - |
| VariableCommercial Property Loan I/O ( > 60% - <= 70% LVR) | Investment, Interest only | - | - | 9.19% | - | - |
Fees
11 fees published, grouped by when they're charged.
- When you take it outUp to $1,5002 fees, each listed below
- While you hold it$25 a monthMonthly Fee
- When you close it or pay it offNo fee published
When you take it out2
- Establishment Fee
Payable at settlement. This fee is paid for us to assess, process and prepare loan documentation to enable the loan to settle. $1,500 for loans up to $750K and 0.40% of total amount applied for over…
$1,500 - Legal Fee
Document preparation costs and out-of-pocket expenses. At Cost
No fee
While you hold it1
- Monthly Fee
Ongoing monthly service fee
$25 a month
When particular things happen8
- Discharge Fee
Payable at the time of each discharge of mortgage Discharge Fee - First Security $300 Discharge Fee - Per additional Security $95
$300 - Early Termination Fee
Payable if the loan amount is paid in full within 3 years. 1.00% of the total loan amount applied for
No fee - Rate Lock Fee
Payable at application for Rate Lock in the prevailing fixed rate, valid for 90 days from request date. 0.15% of locked loan amount
No fee - Security Variation Fee
Payable if Gateway agrees to vary the security on an existing loan. $200 per valuation
$200 - Split Loan Account Fee
Two loan accounts (i.e. Variable & Fixed) free. Fee for subsequent splits
$99 - Switch Fee
Payable if Gateway agrees to vary the Loan Agreement on existing Gateway loan, for example; Repayment switch (e.g. P&I to Interest Only) Product switch (e.g. from variable rate to a fixed rate) $150…
$150 - Top Up Fee
Payable at settlement when increasing loan borrowings
$500 - Valuation Fee
The amount of all valuation fees Gateway Bank incurs or has to pay its valuer in connection with a valuation of the property. At Cost
No fee
Features
- Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans.
- Additional Repayments: Make additional repayments to help reduce your loan term
- Repayments: Principal & Interest and Interest Only options available
Eligibility and limits
- Available to businesses
- Amount $250,000 to $4,000,000
- Maximum LVR 70%
Compare it with others
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Published by Gateway Bank under the Consumer Data Right, last changed by them on 13 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.