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First Home Buyer Loan

First Home Buyer Loan

Home loansBank updated 15 Oct 2026

At a glance

Variable (owner occ. P&I)
6.14%6.14% comparison
Max LVR
80%
Features
offset, redraw, extra repayments

Rates

Every rate Coastline publishes for this home loan, 3 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

  1. ≤60%6.14%
  2. 60–80%6.14%
  3. >80.01%6.14%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableVARIABLE RATE WITH MORTGAGE OFFSET ACCOUNT WITH LVR <= 60%Owner occupied, P&I-≤60% LVR6.14%6.14%Existing cust; New accounts; New customer
VariableVARIABLE RATE WITH MORTGAGE OFFSET ACCOUNT WITH LVR > 60% TO <= 80%Owner occupied, P&I-60–80% LVR6.14%6.14%Existing cust; New accounts; New customer
VariableVARIABLE RATE WITH MORTGAGE OFFSET ACCOUNT WITH LVR > 80%Owner occupied, P&I->80.01% LVR6.14%6.14%Existing cust; New accounts; New customer

Rate changes

3 changes logged, newest first.

DateRateWasNowChange
16 Oct 2026Variable, Owner occupied, P&I, ≤60% LVR5.89%6.14%up 0.25
16 Oct 2026Variable, Owner occupied, P&I, 60–80% LVR5.89%6.14%up 0.25
16 Oct 2026Variable, Owner occupied, P&I, >80.01% LVR5.89%6.14%up 0.25

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

Fees

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

When you take it out6

  • Loan Estab Fee - Owner Builder
    $595
  • Loan Establishment Fee
    $595
  • Progress Draw Fee-Construction
    $95
  • Property Search Fee
    $30
  • Real Time Transfer/NPP Fee
    $20
  • Scheduling Fee - Owner Builder
    $550

When you make a transaction4

  • Bank's Solicitor Mtg Disch Fee
    $380
  • Loan Redraw Fee
    No fee
  • Loan Redraw Fee
    $20
  • Mortgage Discharge Fee
    $250

When particular things happen5

  • Arrears Reminder Fee
    $5
  • Final Notice of Demand
    $40
  • Loan Renegotiation Fee
    $150
  • Loan Switching Fee
    $200
  • Manual Arrears Transfer Fee
    $5

Features

Offset accountRedrawExtra repaymentsGuarantor optionInstant paymentsDigital banking

Eligibility and limits

  • Minimum age 18
  • Residency: Australia
  • Available to individuals
  • No information provided

Published by Coastline Bank under the Consumer Data Right, last changed by them on 15 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.