At a glance
- Variable (owner occ. P&I)
- 6.09%6.15% comparison
- Features
- redraw, extra repayments
Rates
Every rate Summerland publishes for this home loan, 6 in all.
| 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 | - | - | 6.09% | 6.15% | - |
| 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 | - | - | 6.24% | 6.30% | - |
| 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 | - | - | 6.29% | 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 90% of less. Eligibility for new borrower specials for… | Owner occupied, P&I | - | - | 6.54% | 6.60% | - |
| 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 | - | - | 6.79% | 6.85% | - |
| VariableOwner occupier, principal and interest loans. Minimum loan amount of $30,000. | Owner occupied, P&I | - | - | 6.79% | 6.85% | - |
Fees
9 fees published, grouped by when they're charged.
When you take it out6
- Guarantee Establishment Fee$200
- Legal Fee
Legal Fee - residential $200; Legal Fee - Non Residential at cost.
$200 - Loan Increase Fee$225
- Settlement FeeVaries
- Valuation Fee - Construction
Payable in addition to the Valuation Fee - residential.
$800 - Valuation Fee
Valuation Fee - Residential $300; Valuation Fee - Non-Residential is at cost. Includes commercial, rural & rural lifestyle properties over 30ha.
$300
When you make a transaction1
- Mortgage Discharge Fee$250
When particular things happen2
- Contract Variation/Consent Fee$300
- QuickDebit Dishonour Fee$10
Features
RedrawExtra repaymentsGuarantor optionInstant paymentsPayIDDigital banking
- Save on paper, receive and view your statements online with eStatements.
Eligibility and limits
- Minimum age 18
- Residency: An eligibility constraint based on residency status applies.
- Available to individuals
- Amount from $30,000, no maximum
- Lending criteria apply.
- The property securing the loan must meet the required sustainability criteria.
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Published by Summerland Bank under the Consumer Data Right, last changed by them on 23 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.