At a glance
- Variable (owner occ. P&I)
- 6.24%6.52% comparison
- Max LVR
- 95%
- Annual fee
- $299
- 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 | 6.24% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 24th lowest of 104, level with 7 others |
Rates
Every rate Gateway Bank publishes for this home loan, 7 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariablePremium Package - <= 50% LVR | Owner occupied, P&I | - | - | 6.24% | 6.52% | - |
| VariablePremium Package - > 50% - <= 60% LVR | Owner occupied, P&I | - | - | 6.24% | 6.52% | - |
| VariablePremium Package - > 60% - <= 70% LVR | Owner occupied, P&I | - | - | 6.29% | 6.57% | - |
| VariablePremium Package - >70% - <= 75% LVR | Owner occupied, P&I | - | - | 6.29% | 6.57% | - |
| VariablePremium Package - > 75% - <= 80% LVR | Owner occupied, P&I | - | - | 6.54% | 6.82% | - |
| VariablePremium Package - > 80% - <= 85% LVR | Owner occupied, P&I | - | - | 6.63% | 6.91% | - |
| VariablePremium Package - > 85% - <= 95% LVR | Owner occupied, P&I | - | - | 6.79% | 7.07% | - |
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
Nil for Premium Package
No fee - Legal Fee
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
Split 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 Payable at settlement when increasing loan borrowings
No fee
When particular things happen3
- Additional Valuation Fee
Nil for Premium Package. Payable if we or you decide to obtain an additional valuation report (which we may do at any time)
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%
Compare it with others
Put this product through a calculator
Published by Gateway 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.