At a glance
- Variable (owner occ. P&I)
- 5.84% · 5.90% comparison
- Features
- redraw, extra repayments
§ 01 — Rates · 6
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableOwner 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 | — | — | 5.84% | 5.90% | — |
| VariableOwner 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 | — | — | 5.99% | 6.05% | — |
| VariableOwner occupier, First Home Buyer principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 85% of less. Eligibility for new borrower specials for… | Owner occupied · P&I | — | — | 6.04% | 6.10% | — |
| VariableOwner occupier, First Home Buyer principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 90% of less. Eligibility for new borrower specials for… | Owner occupied · P&I | — | — | 6.29% | 6.35% | — |
| VariableOwner occupier, First Home Buyer principal and interest repayments only. Minimum new loan amount of $150,000, with a loan to valuation ratio of 95% of less. Eligibility for new borrower specials for… | Owner occupied · P&I | — | — | 6.54% | 6.60% | — |
| VariableOwner occupier, principal and interest loans. Minimum loan amount of $30,000. | Owner occupied · P&I | — | — | 6.54% | 6.60% | — |
§ 02 — Fees · 8
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Contract Variation/Consent Fee | Event | $300 | — | — |
| QuickDebit Dishonour Fee | Event | $10 | — | — |
| Mortgage Discharge Fee | Transaction | $250 | — | — |
| Guarantee Establishment Fee | Upfront | $200 | — | — |
| Legal Fee | Upfront | $200 | — | Legal Fee - residential $200; Legal Fee - Non Residential at cost. |
| Loan Increase Fee | Upfront | $225 | — | — |
| 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.
- · The property securing the loan must meet the required sustainability criteria.
§ 06 — Run the numbers
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Published by Summerland Bank under the Consumer Data Right, last changed by them on 8 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.