Gateway BankPremium Package 5yr Fixed I/O
Premium Package 5yr Fixed I/O
At a glance
- Max LVR
- 95%
- Annual fee
- $299
- Features
- extra repayments
Rates
The one rate Gateway Bank publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedPremium Package - 5 Yr Fixed I/O (<=95% LVR) | Owner occupied, Interest only | 5 yrs fixed | - | 7.59% | 7.15% | - |
Fees
14 fees published, grouped by when they're charged.
- When you take it outVaries6 fees, each listed below
- While you hold it$299 a yearAnnual Package Fee
- When you close it or pay it offUp to $3003 fees, each listed below
When you take it out6
- Establishment Fee
Payable at settlement of new loan, and may be payable at substitution of security or when adding a new security. Nil for Premium Package.
No fee - Legal Fee
Payable at settlement to cover solicitor's documentation costs. Nil for Premium Package
No fee - 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. 0.15% of locked loan amount
No fee - Split Loan Account Fee
Nil, up to 2 loan accounts. Fees apply thereafter
No fee - Valuation Fee
Nil 1st Valuation then $325 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 la…
No fee
While you hold it1
- Annual Package Fee
Payable at settlement and then again on each anniversary
$299 a year
When you make a transaction1
- Top Up Fee
Top up fee. Nil 1st top up, then $200
No fee
When particular things happen3
- Additional Valuation Fee
Payable if we or you decide to obtain an additional valuation report (which we may do at any time). Nil for Premium Package
No fee - Security Variation Fee
Security Variation Fee. Nil 1st var then $200. Payable if Gateway agrees to vary the security on an existing loan
No fee - Switch Fee
Nil for 1st switch then $150. 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.…
$150
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 (ERA)(break costs)
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
- Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans
Eligibility and limits
- Minimum age 18
- Amount $150,000 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.