At a glance
- Variable
- 8.25% · 8.33% comparison
- Loan size
- $50,000 to $5,000,000
- Upfront fee
- $1,094
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableReverse Mortgage Lump Sum (<=55% LVR) | Owner occupied · Interest only | — | — | 8.25% | 8.33% | — |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cheque Withdrawal Fee | Event | $10 | — | — |
| QuickDebit Dishonour Fee | Event | $15 | — | — |
| Switch Fee | Event | $150 | — | — |
| Settlement Fee | Upfront | $995 | — | — |
| Split Fee | Upfront | $99 | — | — |
§ 03 — Features
None published.
§ 04 — Eligibility & limits
- · Minimum age 65
- · Amount $50,000 to $5,000,000
- · Maximum LVR 55%
§ 06 — Run the numbers
Put this product through a calculator
Published by Gateway Bank under the Consumer Data Right, last changed by them on 27 Aug 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.