Summerland
Fixed Rate Loan
For those who want the certainty of a fixed interest rate and repayment for their preferred term - with added flexibility of a redraw facility.
Home loansBank updated 23 Sept 2026
At a glance
- Fixed
- 1 yr 6.20% · 2 yrs 6.22% · 3 yrs 5.99% · 4 yrs 6.39% · 5 yrs 6.52%
- Annual fee
- $96
- Features
- redraw, extra repayments
§ 01 — Rates · 15
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedOwner occupier, principal and interest loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | Owner occupied · P&I | 1 yr fixed | — | 6.20% | 6.72% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 1 yr fixed | — | 6.20% | 6.61% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 1 yr fixed | — | 6.20% | 6.61% | — |
| FixedOwner occupier, principal and interest loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | Owner occupied · P&I | 2 yrs fixed | — | 6.22% | 6.69% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 2 yrs fixed | — | 6.22% | 6.58% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 2 yrs fixed | — | 6.22% | 6.58% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 3 yrs fixed | — | 5.99% | 6.48% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 3 yrs fixed | — | 6.09% | 6.51% | — |
| FixedOwner occupier, principal and interest loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | Owner occupied · P&I | 3 yrs fixed | — | 6.22% | 6.65% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 4 yrs fixed | — | 6.39% | 6.58% | — |
| FixedOwner occupier, principal and interest loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | Owner occupied · P&I | 4 yrs fixed | — | 6.54% | 6.74% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 4 yrs fixed | — | 6.54% | 6.63% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 5 yrs fixed | — | 6.52% | 6.62% | — |
| FixedOwner occupier, principal and interest loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | Owner occupied · P&I | 5 yrs fixed | — | 6.67% | 6.80% | — |
| FixedOwner occupier, principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking… | Owner occupied · P&I | 5 yrs fixed | — | 6.67% | 6.69% | — |
§ 02 — Fees · 12
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Contract Variation/Consent Fee | Event | $300 | — | — |
| QuickDebit Dishonour Fee | Event | $15 | — | — |
| Loan Administration Fee | Periodic | $8 | Every 1 mo | New Borrower Special. |
| Mortgage Discharge Fee | Transaction | $250 | — | — |
| Redraw fee - Assisted | Transaction | $25 | — | — |
| Redraw Fee - Electronic | Transaction | No fee | — | — |
| Establishment Fee | Upfront | $300 | — | New Borrower Special |
| Guarantee Establishment Fee | Upfront | $200 | — | — |
| Legal Fee | Upfront | $200 | — | Legal Fee - residential $200; Legal Fee - Non Residential at cost. |
| Loan Increase Fee | Upfront | $300 | — | — |
| Valuation Fee - Construction | Upfront | $800 | — | Payable in addition to the Valuation Fee - residential. |
| Valuation Fee | Upfront | $300 | — | Valuation Fee - Residential $300; Valuation Fee - Non-Residential is at cost. Includes commercial, rural & rural lifestyle properties over 30ha. |
§ 03 — Features
RedrawExtra repaymentsGuarantor optionInstant paymentsPayIDDigital banking
- · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: An eligibility constraint based on residency status applies.
- · Available to individuals
- · Amount $30,000 to no maximum
- · Lending criteria apply.
§ 06 — Run the numbers
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Published by Summerland Bank under the Consumer Data Right, last changed by them on 23 Sept 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.