At a glance
- Variable (owner occ. P&I)
- 8.93%9.00% comparison
- Max LVR
- 90%
- Features
- offset, redraw, 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 |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 8.93% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 103rd lowest of 104 |
Rates
The one rate Gateway Bank publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableConstruction Loan (<=90% LVR) | Owner occupied, P&I | - | - | 8.93% | 9.00% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 14 Oct 2026 | Variable, Owner occupied, P&I | 8.68% | 8.93% | up 0.25 |
Each change is logged the night it appears in the rates Gateway Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
14 fees published, grouped by when they're charged.
- When you take it outUp to $3255 fees, each listed below
- While you hold itNo fee published
- When you close it or pay it offUp to $3002 fees, each listed below
When you take it out5
- Annual Package Fee
Payable at settlement and then again on each anniversary. NA for Construction Loans
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 - 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 happen7
- Additional Valuation Fee
Payable at cost if we or you decide to obtain an additional valuation report (which we may do at any time)
No fee - Construction Additional Progress Payment Fee
Payable from the 6th draw down (after the first 5 progress draw downs)
$150 - Construction Final Inspection Fee
Payable when inspection/valuation is undertaken at final draw down
$325 - Construction Progress Inspection Fee
Payable if an inspection is undertaken during the construction period
$150 - Security Variation Fee
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 off2
- Discharge Fee - First Security
Discharge Fee - First Security
$300 - Discharge Fee - Per Additional Security
Discharge Fee - Per Additional Security
$95
Features
- 5 free progressive drawdowns
Eligibility and limits
- Minimum age 18
- Amount $50,000 to $2,000,000
- Maximum LVR 90%
Compare it with others
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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.