The Finance Algorithm
Gateway Bank

Inv Low Rate Essentials

Inv Low Rate Essentials

Home loansBank updated 1 July 2026
At a glance
Variable (investor P&I)
6.39%
Max LVR
90%
Features
redraw, extra repayments
§ 01 — Rates · 6
TypeApplies toTermBandRateComparisonConditions
VariableInv Low Rate Essentials - <= 50% LVRInvestment · P&I6.39%6.41%
VariableInv Low Rate Essentials - > 50% - <= 60% LVRInvestment · P&I6.49%6.51%
VariableInv Low Rate Essentials - > 60% - <= 70% LVRInvestment · P&I6.59%6.61%
VariableInv Low Rate Essentials - > 70% - <= 80% LVRInvestment · P&I6.64%6.66%
VariableINV Low Rate Essentials - > 80% - <= 85% LVRInvestment · P&I6.83%6.85%
VariableInv Low Rate Essentials - >85% - <= 90% LVRInvestment · P&I6.98%7.00%
§ 02 — Fees · 13
FeeTypeAmountWhenNotes
Additional Valuation FeeEventNo feePayable at cost if we or you decide to obtain an additional valuation report (which we may do at any time)
Security Variation FeeEvent$200Payable if Gateway agrees to vary the security on an existing loan
Switch FeeEvent$150Payable 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 (…
Top-Up FeeEvent$200Payable at settlement when increasing loan borrowings
Discharge Fee - First SecurityExit$300Discharge Fee - First Security
Discharge Fee - Per Additional SecurityExit$95Discharge Fee - Per Additional Security
Exit FeeExitNo feeNil for Low Rate Essentials Loans
Annual Package FeeUpfrontNo feeNil for Low Rate Essentials Loans
Establishment FeeUpfrontNo feeNil for Low Rate Essentials
Legal FeeUpfront$275Payable at settlement to cover solicitor's documentation costs
Mortgage Registration FeeUpfrontNo feeGovernment charges at cost
Split Loan Account FeeUpfront$99Nil, up to 2 loan accounts. Fees apply thereafter
Valuation FeeUpfrontNo feeNil 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…
§ 03 — Features
RedrawExtra repaymentsDigital banking
  • · Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Amount $50,000 to $2,000,000
  • · Maximum LVR 90%

Published by Gateway Bank under the Consumer Data Right, last changed by them on 1 July 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.