Retro Lite Specialist Plus

A low doc OO/INV variable home loan with both P&I and IO rate for non-conforming customers

Home loansLender updated 8 Oct 2026

At a glance

Variable (owner occ. P&I): 9.24%9.65% comparison
Variable (investor P&I): 9.54%
Max LVR: 70%
Features: offset, redraw, extra repayments

Rates

Every rate AFG Home Loans -Retro publishes for this home loan, 20 in all.

Variable rate by LVR

Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value

≤60%9.24%
60–70%9.24%

Variable rate for the band

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Variable	Investment, Interest only	-	≤60% LVR, $100,000–$750,000	9.54%	9.93%	-
Variable	Investment, Interest only	-	≤60% LVR, $100,000–$750,000	9.64%	9.99%	-
Variable	Investment, Interest only	-	≤60% LVR, $750,000–$1,500,000	9.54%	9.93%	-
Variable	Investment, Interest only	-	≤60% LVR, $750,000–$1,500,000	9.64%	9.99%	-
Variable	Investment, Interest only	-	60–70% LVR, $100,000–$750,000	9.54%	9.97%	-
Variable	Investment, Interest only	-	60–70% LVR, $100,000–$750,000	9.64%	10.03%	-
Variable	Investment, Interest only	-	60–70% LVR, $750,000–$1,500,000	9.54%	9.97%	-
Variable	Investment, Interest only	-	60–70% LVR, $750,000–$1,500,000	9.64%	10.03%	-
Variable	Investment, P&I	-	≤60% LVR, $100,000–$750,000	9.54%	9.95%	-
Variable	Investment, P&I	-	≤60% LVR, $750,000–$1,500,000	9.54%	9.95%	-
Variable	Investment, P&I	-	60–70% LVR, $100,000–$750,000	9.54%	9.99%	-
Variable	Investment, P&I	-	60–70% LVR, $750,000–$1,500,000	9.54%	9.99%	-
Variable	Owner occupied, Interest only	-	≤60% LVR, $100,000–$750,000	9.54%	9.78%	-
Variable	Owner occupied, Interest only	-	≤60% LVR, $750,000–$1,500,000	9.54%	9.78%	-
Variable	Owner occupied, Interest only	-	60–70% LVR, $100,000–$750,000	9.54%	9.82%	-
Variable	Owner occupied, Interest only	-	60–70% LVR, $750,000–$1,500,000	9.54%	9.82%	-
Variable	Owner occupied, P&I	-	≤60% LVR, $100,000–$750,000	9.24%	9.65%	-
Variable	Owner occupied, P&I	-	≤60% LVR, $750,000–$1,500,000	9.24%	9.65%	-
Variable	Owner occupied, P&I	-	60–70% LVR, $100,000–$750,000	9.24%	9.69%	-
Variable	Owner occupied, P&I	-	60–70% LVR, $750,000–$1,500,000	9.24%	9.69%	-

Rate changes

12 changes logged, newest first.

Date	Rate	Was	Now	Change
9 Oct 2026	Variable, Investment, P&I, ≤60% LVR, $100,000–$750,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Investment, P&I, ≤60% LVR, $750,000–$1,500,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Investment, P&I, 60–70% LVR, $100,000–$750,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Investment, P&I, 60–70% LVR, $750,000–$1,500,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Owner occupied, Interest only, ≤60% LVR, $100,000–$750,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Owner occupied, Interest only, ≤60% LVR, $750,000–$1,500,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Owner occupied, Interest only, 60–70% LVR, $100,000–$750,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Owner occupied, Interest only, 60–70% LVR, $750,000–$1,500,000	9.29%	9.54%	up 0.25
9 Oct 2026	Variable, Owner occupied, P&I, ≤60% LVR, $100,000–$750,000	8.99%	9.24%	up 0.25
9 Oct 2026	Variable, Owner occupied, P&I, ≤60% LVR, $750,000–$1,500,000	8.99%	9.24%	up 0.25
9 Oct 2026	Variable, Owner occupied, P&I, 60–70% LVR, $100,000–$750,000	8.99%	9.24%	up 0.25
9 Oct 2026	Variable, Owner occupied, P&I, 60–70% LVR, $750,000–$1,500,000	8.99%	9.24%	up 0.25

Each change is logged the night it appears in the rates AFG Home Loans - Retro publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

When you take it out3

Risk Fee
0.50% up to 60% LVR / 0.80% for 60% <= 70% LVR / 1.25% for >70% LVR
$500 to $18,750
Settlement Fee
$699
Valuation Fee
Full fee charged to customer. The Valuation Fee range is an estimate. Valuation Fee may be less than the Fee Minimum noted or greater than the Fee Maximum noted.
$300 to $700

When particular things happen2

Annual Service Fee
$330
Trust application Fee
Applicable only to Trust applicant
$300

Features

Offset accountRedrawExtra repaymentsDigital banking

Self Employed Income Confirmation - Customer financial declaration plus one form of income verification
Up to 10 years Interest Only
Maximum four splits are offered
This loan can be used for the purposes of investment and owner occupied property purchases, refinancing your existing home loan, business purposes(excluding working capital), and personal needs (e.g.…
This loan cannot be used for working capital, bridging loans, or any unlawful purposes.
Loan variation acceptable
Documentary evidence is required where Cash Out is > $200,000
Where an applicant shares common debts with their (non-applicant) spouse/defacto and appropriate supporting evidence can be provided, 50% of the joint debt can be used in servicing, and applicant can…
Loan term Minimum 8 years maximum 30 years
Unlimited number of paid & unpaid defaults, judgments and writs (up to the value of $1,000). Discharged Bankrupt > 1 day
30 days or less mortgage arrears

Eligibility and limits

Minimum age 18
Residency: Borrowers, mortgagors, and guarantors must reside in Australia and one of the following: Australian Citizen or Australian Permanent Resident. Individuals who hold a Partner/Spousal Resident Visa (e.g., Subclass 309, 820) are permitted, on the basis that a joint application is submitted with one of the above defined eligible borrowers.
Available to individuals
Available to businesses
Maximum LVR 70%
Applications for home loans are subject to the Bank's normal credit approval.

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Published by AFG Home Loans - Retro under the Consumer Data Right, last changed by them on 8 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.