SummerlandPremium Variable Investment Ln
Feature packed loan with the benefits of an offset account as well as discounts on a range of other banking products inlcuding our credit cards.
At a glance
- Variable (investor P&I)
- 6.44%
- Annual fee
- $380
- 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 |
|---|---|---|---|---|
| Investor variable home loanInvestment, principal & interest, 80% LVR | 6.44% | 5.94%AAA Financial Corporation's Portfolio Loan | 6.59%of 104 institutions | 16th lowest of 104, level with 8 others |
Rates
Every rate Summerland publishes for this home loan, 5 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInvestment, principal and interest repayments only. Minimum new loan amount of $500,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking bot… | Investment, P&I | - | - | 6.44% | 6.80% | - |
| VariableInvestment, principal and interest repayments only. Minimum new loan amount of $250,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking bot… | Investment, P&I | - | - | 6.54% | 6.89% | - |
| VariableInvestment, principal and interest repayments only. Minimum new loan amount of $500,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking bot… | Investment, P&I | - | - | 6.59% | 6.94% | - |
| VariableInvestment, principal and interest repayments only. Minimum new loan amount of $250,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking bot… | Investment, P&I | - | - | 6.69% | 7.04% | - |
| VariableInvestment, principal and interest, interest only loans. Minimum loan amount of $250,000. | Investment, P&I | - | - | 7.24% | 7.58% | - |
Fees
9 fees published, grouped by when they're charged.
- When you take it outUp to $8005 fees, each listed below
- While you hold it$380 a yearPremium Home Loan Annual Fee
- When you close it or pay it offNo fee published
When you take it out5
- Guarantee Establishment Fee$200
- Loan Increase Fee$300
- Settlement FeeVaries
- Valuation Fee - Construction$800
- Valuation Fee
Valuation Fee - Residential $300; Valuation Fee - Non-Residential is at cost. Includes commercial, rural & rural lifestyle properties over 30ha.
$300
While you hold it1
- Premium Home Loan Annual Fee
The discount is only available during an introductory period
$380 a year
When you make a transaction1
- Mortgage Discharge Fee$250
When particular things happen2
- Contract Variation/Consent Fee$300
- QuickDebit Dishonour Fee$15
Features
- Save on paper, receive and view your statements online with eStatements.
Eligibility and limits
- Minimum age 18
- Residency: A Permanent Australian Resident including those working overseas.
- Available to individuals
- Amount from $250,000, no maximum
- Lending criteria apply.
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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.