The Finance Algorithm
Zillion Finance (N1 Plus) logoZillion Finance (N1 Plus)

Near Prime Non-standard regulated consumer loan (CRE Loan)

Our variable rate home loan options give you the flexibility to manage your money how and when you want. You’ll get access to our online loan portal, the freedom to make additional repayments along with the option for a 100% interest offset sub-account.

Home loansRates on applicationLender updated 3 Sept 2026

At a glance

Pricing
Rates on application
Annual fee
$300
Features
offset, redraw, extra repayments

Fees

7 fees published, grouped by when they're charged.

  1. When you take it outUp to $8254 fees, each listed below
  2. While you hold it$25 a monthNear Prime Admin Fee
  3. When you close it or pay it off$500Discharge Fee

When you take it out4

  • Legal Disbursements

    Third-party legal costs such as searches and registrations, charged at cost.

    Varies
  • Legal Fee

    Covers standard legal costs incurred at loan establishment.

    $825
  • Near Prime Establishment Fee

    Charged once at loan establishment for near prime commercial mortgage applications.

    1.25% of balance
  • Valuation Fee
    Varies

While you hold it1

  • Near Prime Admin Fee

    Charged monthly per account split for ongoing administration of the loan.

    $25 a month

When particular things happen1

  • Early Repayment Fee

    Only applicable if the loan is repaid within the first 3 years.

    2.00% of balance

When you close it or pay it off1

  • Discharge Fee

    Charged per plan when the loan is fully discharged.

    $500

Features

Offset accountRedrawExtra repaymentsDigital banking
  • Flexible Loan Terms. 1-30 year loan terms are available.
  • Repayment option - choose between variable and interest only (max 5 years) repayments.

Eligibility and limits

  • Minimum age 18
  • Residency: Only available to Australian Citizens or Permanent Residents.
  • Available to individuals
  • Available to businesses
  • Amount from $200,000, no maximum
  • All applications are subject to credit assessment and eligibility criteria.

Published by Zillion Finance (N1 Plus) under the Consumer Data Right, last changed by them on 3 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.