Rate Money ElevateResidential Loan
Flexible residential lending for owner occupier or investor to refinance, cash out or purchase residential property or vacant land.
At a glance
- Variable (owner occ. P&I)
- 7.03%7.14% comparison
- Variable (investor P&I)
- 7.13%
- Annual fee
- $395
- 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 | 7.03% | 5.69%AAA Financial Corporation's Portfolio Loan | 6.36%of 102 institutions | 91st lowest of 102, level with one other |
| Investor variable home loanInvestment, principal & interest, 80% LVR | 7.13% | 5.69%AAA Financial Corporation's Portfolio Loan | 6.58%of 102 institutions | 86th lowest of 102, level with one other |
Rates
Every rate Rate Money Elevate publishes for this home loan, 4 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableMinimum starting rate for residential loans, higher rate applies depending on income verification type (including SMSF loans), LVR, security locations and other lending criteria. | Investment, Interest only | - | - | 7.33% | 7.44% | - |
| VariableMinimum starting rate for residential loans, higher rate applies depending on income verification type (including SMSF loans), LVR, security locations and other lending criteria. | Investment, P&I | - | - | 7.13% | 7.24% | - |
| VariableMinimum starting rate for residential loans, higher rate applies depending on income verification type, LVR, security locations and other lending criteria. | Owner occupied, Interest only | - | - | 7.23% | 7.34% | - |
| VariableMinimum starting rate for residential loans, higher rate applies depending on income verification type, LVR, security locations and other lending criteria. | Owner occupied, P&I | - | - | 7.03% | 7.14% | - |
Fees
5 fees published, grouped by when they're charged.
- When you take it outUp to $4953 fees, each listed below
- While you hold it$395 a yearAnnual Fee
- When you close it or pay it offFrom $495Discharge Fee
When you take it out3
- Establishment Fee
Multiple establishment fee structure available, GST applicable in addition to fee minimum value.
From $650 - Settlement Fee
A fixed settlement fee is charged when the loan is settled.
$495 - Valuation Fee
Valuation fees depend on property type and location, GST applicable in addition to fee minimum value.
From $385
While you hold it1
- Annual Fee
An annual account fee may apply. The applicable fee will be specified in the Letter of Offer.
$395 a year
When you close it or pay it off1
- Discharge Fee
Covers the administrative process for full or partial discharge of security, plus any legal fees.
From $495
Features
Eligibility and limits
- Minimum age 18
- Available to individuals
- Available to businesses
- Amount $100,000 to $5,000,000
- Loan must meet lending policy and criteria.
- LVRs and pricing vary by location
Compare it with others
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Published by Rate Money Elevate under the Consumer Data Right, last changed by them on 6 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.