A fixed rate Smart Home Loan offers a competitive rate with smart loan features designed to give you peace of mind in knowing what your month-to-month repayments will be. Like the variable rate loan, our fee structure means you have no ongoing fees. Choose to fix your rate for 1, 2, 3, 4 or 5 years. After the fixed rate period the interest rate reverts to the standard variable rate.
You can make extra repayments of $10,000 per annum (2 x $5,000 payments). You will also receive a free redraw facility. The only stipulations are you must be in advance in your loan repayments and you can only redraw a minimum of $500 at a time. You can also only transfer between your loan account and your primary savings account within the one Membership.
You will also have the ability to borrow 95% of the purchase price, provided Lenders Mortgage Insurance is taken.
Lending criteria, conditions and fees apply. Refer to the Quick Links section for up to date interest rates and other information.