FirstmacBridging Home Loan
Short-term bridging finance, used to purchase a new owner-occupied property before the sale of an existing property. This loan reverts to a Standard Home Loan once the bridging period is complete.
At a glance
- Max LVR
- 80%
- Features
- extra repayments
Rates
The one rate Firstmac publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedNo repayments during the bridging period of up to 12 months, with monthly interest charges capitalised to the loan. | Owner occupied, Interest only | 1 yr fixed | ≤80% LVR | 8.44% | 7.00% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 20 Oct 2026 | Fixed, Owner occupied, Interest only, 1 yr fixed, ≤80% LVR | 8.69% | 8.44% | down 0.25 |
Each change is logged the night it appears in the rates Firstmac publishes. See how every lender answered the RBA on the rate tracker.
Fees
4 fees published, grouped by when they're charged.
When particular things happen2
- Bridging Loan Setup Fee
A fee of 1% of the total loan amount charged at settlement of your Bridging Loan
1.00% of balance - Valuation Fee
A variable fee applied to each security, charged at cost, to determine the value of the assets used as security for the loan.
From $221
When you close it or pay it off2
- Discharge Administration Fee
A fee applied when releasing our mortgage to cover administrative processing of the discharge request. Waived if loan runs to term.
$300 - Discharge Documentation Fee
A fee charged for preparing the necessary documentation when the loan is fully repaid and discharged. Waived if loan runs to term.
$250
Features
Eligibility and limits
- Minimum age 18
- Residency: Are Australian or New Zealand citizens living and working in either Australia or New Zealand, or are Permanent Residents of Australia living and working in Australia.
- Amount $50,000 to $3,000,000
- Maximum LVR 80%
- The loan term cannot exceed 30 years.
- The loan term must be at least 15 years.
Compare it with others
Put this product through a calculator
Published by Firstmac under the Consumer Data Right, last changed by them on 19 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.