The Finance Algorithm
At a glance
Features
redraw, extra repayments
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only8.62%8.72%
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
LEGAL_FEECash advanceVariesAt cost
VALUATION_FEECash advanceVariesValuation charged at cost
APPLICATION_FEE_BRIDGING_LOANUpfront$800
MORTGAGE_DISCHARGE_FEEUpfront$200
§ 03 — Features
RedrawExtra repaymentsInstant paymentsPayIDDigital banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Available to individuals
  • · Minimum balance $25,000
  • · Maximum Term

Published by The Mac under the Consumer Data Right, last changed by them on 1 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.