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Chameleon Commercial - Pure Commercial 80

Variable-rate commercial loan for owner-occupied commercial property with lending up to 80% LVR.

Business loansLender updated 30 Sept 2026
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At a glance

Variable
8.79%9.50% comparison
Loan size
$150,000 to $2,000,000
Upfront fee
$499

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.

This business loan: 8.79%Every other institution's lowest, 46 in all

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.

This business loan: 8.79%Every other institution's lowest, 46 in all

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.

RateThis business loanBest anywhereTypical institutionWhere it sits
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower8.79%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions37th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower8.79%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions37th lowest of 47

Rates

The one rate Mortgage House publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
VariableVariable owner occupied lending rate. Introductory period is 0 months; no separate introductory rate is exposed.Owner occupied, P&I--8.79%9.50%-

Fees

6 fees published, grouped by when they're charged.

  1. When you take it outUp to $4992 fees, each listed below
  2. While you hold itUp to $5952 fees, each listed below
  3. When you close it or pay it off$1,400Discharge Fee

When you take it out2

  • Application Fee
    0.50% of balance
  • Settlement Fee
    $499

While you hold it2

  • Annual Facility Fee
    $595
  • Monthly Fee
    No fee

When particular things happen1

  • Valuation Fee
    No fee

When you close it or pay it off1

  • Discharge Fee
    $1,400

Features

Offset accountRedrawExtra repaymentsDigital banking
  • Direct debit repayments are available. Customer specifies repayment frequency, amount and nominated account.
  • Loan switching capability may allow a variable interest rate to be switched to a fixed interest rate, subject to terms and conditions.
  • Loan split capability may allow multiple accounts under one loan for personal, investment, fixed or variable split purposes.
  • Loan portability may allow the home loan to be transferred from one property to another without refinancing, subject to approval.

Eligibility and limits

  • Minimum age 18
  • Residency: Australian or New Zealand Citizen or permanent resident residing in Australia.
  • Available to businesses
  • Amount $150,000 to $2,000,000
  • Maximum LVR 80%
  • Full documentation loan. Full documentation is required or available for this product.
  • Purchase permitted where product credit policy criteria are met.
  • Refinance permitted where product credit policy criteria are met.
  • Debt consolidation permitted where product credit policy criteria are met.
  • Maximum loan term is 30 years.

Published by Mortgage House under the Consumer Data Right, last changed by them on 30 Sept 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.