At a glance
- Fixed
- 1 yr 6.94%
- Max LVR
- 95%
- Features
- extra repayments
How it compares
This home 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.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 1-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.94% | 5.99%Northern Inland Credit Union Ltd.'s Value Home Loan - Fixed 12M | 6.59%of 82 institutions | 68th lowest of 82 |
Rates
The one rate Gateway Bank publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedHome Loan 1Yr Fixed Rate P&I (<=95% LVR) | Owner occupied, P&I | 1 yr fixed | - | 6.94% | 8.77% | - |
Fees
14 fees published, grouped by when they're charged.
- When you take it outUp to $3257 fees, each listed below
- While you hold itNo fee published
- When you close it or pay it offUp to $3003 fees, each listed below
When you take it out7
- Annual Package Fee
Annual Package Fee. Nil for Standard Home Loans. Payable at settlement and then again on each anniversary.
No fee - Establishment Fee
Payable at settlement of new loan, and may be payable at substitution of security or when adding a new security
$200 - Legal Fee
Payable at settlement to cover solicitor's documentation costs
$275 - Mortgage Registration Fee
Government charges at cost
No fee - Rate Lock Fee
Payable at application for Rate Lock in the prevailing fixed rate, valid for 90 days from request date
No fee - Split Loan Account Fee
Two loan accounts (i.e. Variable & Fixed) free. Fee for subsequent splits
$99 - Valuation Fee
Payable if valuation required per property Applies to standard single residential dwellings to $1 million in Metro locations and $500,000 in Regional locations (maximum land area 2.2ha/5 acres)
$325
When particular things happen4
- Additional Valuation Fee
Payable if we or you decide to obtain an additional valuation report (which we may do at any time). At cost
No fee - Security by Variation
Payable if Gateway agrees to vary the security on an existing loan
$200 - Switch Fee
Payable if Gateway agrees to vary the Loan Agreement on existing Gateway loan as follows: Product switch (e.g. from variable rate to a fixed rate) Repayment switch (e.g. P&I to Interest Only) Split (…
$150 - Top-Up Fee
Payable at settlement when increasing loan borrowings
$200
When you close it or pay it off3
- Discharge Fee - First Security
Discharge Fee - First Security
$300 - Discharge Fee - Per Additional Security
Discharge Fee - Per Additional Security
$95 - Early Repayment Adjustment
Early Repayment Adjustment (ERA) (break costs). Payable if Gateway suffers a loss when loan is repaid in full during a fixed interest rate period.Unascertainable(ERA formula available upon request)
No fee
Features
- Ability to split your interest type between variable or fixed.
Eligibility and limits
- Minimum age 18
- Amount $20,000 to $2,000,000
- Maximum LVR 95%
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Published by Gateway Bank under the Consumer Data Right, last changed by them on 13 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.