At a glance
- Variable (owner occ. P&I)
- 6.14%6.16% comparison
- Max LVR
- 95%
- Features
- 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 | 6.14% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 9th lowest of 104, level with 5 others |
Rates
Every rate Gateway Bank publishes for this home loan, 6 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableLow Rate Essentials - <= 50% LVR | Owner occupied, P&I | - | - | 6.14% | 6.16% | - |
| VariableLow Rate Essentials - > 50% - <= 60% LVR | Owner occupied, P&I | - | - | 6.14% | 6.16% | - |
| VariableLow Rate Essentials - > 60% - <= 70% LVR | Owner occupied, P&I | - | - | 6.19% | 6.21% | - |
| VariableLow Rate Essentials - >70% - <= 80% LVR | Owner occupied, P&I | - | - | 6.44% | 6.46% | - |
| VariableLow Rate Essentials - > 80% - <= 85% LVR | Owner occupied, P&I | - | - | 6.49% | 6.51% | - |
| VariableLow Rate Essentials - >85% - <= 95% LVR | Owner occupied, P&I | - | - | 6.75% | 6.77% | - |
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. Payable at settlement and then again on each anniversary
No fee - Establishment Fee
Nil. Payable at settlement of new loan, and may be payable at substitution of security or when adding a new security
No fee - Legal Fee
Payable at settlement to cover solicitor's documentation costs
$275 - Mortgage Registration Fee
Government charges at cost
No fee - Split 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 l…
No fee
When particular things happen4
- Additional Valuation Fee
Payable if we or you decide to obtain an additional valuation report (which we may do at any time). At Cost
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
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 $50,000 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.