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CLASSIC HOME LOAN VARIABLE >80-90 LVR IO

CLASSIC HOME LOAN VARIABLE >80-90 LVR IO

Home loansBank updated 28 Oct 2026
Product page ↗Fees and pricing ↗Terms ↗

At a glance

Features
redraw, extra repayments

Rates

The one rate Cairns bank publishes for this home loan.

TypeApplies toTermBandRateComparisonConditions
VariableThe comparison rate is calculated on the basis of a secured loan of $150,000 over a term of 25 years.Owner occupied, Interest only--6.94%6.40%-

Rate changes

One change logged, newest first.

DateRateWasNowChange
29 Oct 2026Variable, Owner occupied, Interest only6.69%6.94%up 0.25

Each change is logged the night it appears in the rates Cairns bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

  1. When you take it out$200ESTABLISHMENT_FEE-LOAN_ESTABLISHMENT_FEE
  2. While you hold itUp to $252 fees, each listed below
  3. When you close it or pay it offNo fee published

When you take it out1

  • ESTABLISHMENT_FEE-LOAN_ESTABLISHMENT_FEE
    $200

While you hold it2

  • ACCOUNT_KEEPING_FEE
    $12
  • ARREARS_FEE

    For loans in arrears two month or more

    $25

When particular things happen8

  • ADDITIONAL_REDRAW_FEE

    Payable in respect of each redraw in a month after the first free redraw

    $20
  • BANK_CHEQUE_FEE

    Payable for each cheque from a Bank (other than Cairns Bank) you request

    $12
  • CORPORATE_CHEQUE
    $10
  • DISCHARGE_PREPARATION_FEE

    When the balance is repaid in full and a Form 3 is prepared

    $60
  • DISCHARGE_SETTLEMENT_FEE

    When required to attend at settlement

    $100
  • LOAN_SWITCHING_FEE

    When you apply for consent to any matter relating to the variation of this loan contract or the security (other than a matter for which a specific fee is payable)

    $200
  • SUBSEQUENT_DEALING_FEE

    When you apply for consent to a subsequent dealing with the mortgaged property

    $200
  • VARIATION_OF_LOAN_CONTRACT_FEE

    Payable when you apply to vary a loan contract

    $200

Features

RedrawExtra repayments

Eligibility and limits

  • Minimum age 18
  • Residency: Australian Citizen
  • Available to individuals
  • Amount $50,000 to $2,000,000

Published by Cairns bank under the Consumer Data Right, last changed by them on 28 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.