Gateway BankInv Low Rate Essentials I/O
Inv Low Rate Essentials I/O
At a glance
- Max LVR
- 90%
- Features
- redraw, extra repayments
Rates
Every rate Gateway Bank publishes for this home loan, 6 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInv Low Rate Essentials I/O - > 50% - <= 60% LVR | Investment, Interest only | - | - | 6.89% | 6.91% | - |
| VariableInv Low Rate Essentials I/O - > 60% - <= 70% LVR | Investment, Interest only | - | - | 6.89% | 6.91% | - |
| VariableInv Low Rate Essentials I/O - > 70% - <= 80% LVR | Investment, Interest only | - | - | 6.89% | 6.91% | - |
| VariableInv Low Rate Essentials IO - <= 50% LVR | Investment, Interest only | - | - | 6.89% | 6.91% | - |
| VariableInv Low Rate Essentials I/O - > 80% - <= 85% LVR | Investment, Interest only | - | - | 7.09% | 7.11% | - |
| VariableInv Low Rate Essentials I/O - > 85% LVR | Investment, Interest only | - | - | 7.19% | 7.21% | - |
Fees
13 fees published, grouped by when they're charged.
- When you take it outUp to $2756 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 out6
- Annual Package Fee
Nil for Low Rate Essentials Loans
No fee - Establishment Fee
Nil for Low Rate Essentials Loans
No fee - Legal Fee
Payable at settlement to cover solicitor's documentation costs
$275 - Mortgage Registration Fee
Government charges at cost
No fee - Split Loan Account Fee
Two loan accounts (i.e. Variable & Fixed) free. Fee for subsequent splits
$99 - 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
When particular things happen4
- 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 - 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 off3
- Discharge Fee - First Security
Discharge Fee - First Security
$300 - Discharge Fee - Per Additional Security
Discharge Fee - Per Additional Security
$95 - Exit Fee
Nil for Low Rate Essentials
No fee
Features
- Options to split variable options and fixed rate
Eligibility and limits
- Minimum age 18
- Amount $50,000 to $2,000,000
- Maximum LVR 90%
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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.