Fixed Rate Home Loan
Enjoy the assurance of knowing exactly what your home loan repayment will be with the ability to lock in your interest rate for up to 5 years.
Secure a great fixed rate for up to 5 years and get the peace of mind knowing your home loan repayments won’t change for the duration of the fixed term. Rates applicable for owner occupied loans only.
Additionally take advantage of our 100% Offset facility, helping you pay off your home loan sooner.
At the end of the fixed term your loan rate will revert to our Flexi Choice Home Loan variable interest rate.
Apply today and take advantage of this great fixed rate offer. If you’re looking for a shorter fixed term see below for the options and home loan interest rates available.
Features and benefits
- 100% Offset facility giving you the opportunity to pay off your home loan sooner.
- No ongoing or monthly fees.
- Interest only repayment options available.
- Borrow up to 95% with Lenders Mortgage Insurance, or up to 80% without.
- Split rate option giving you the best of both worlds, with a portion of the loan fixed and the remainder variable.
- Loan portability – giving you the flexibility to move the loan to a new property should you move home during the fixed term, avoiding potential break costs.
- 24/7 access via internet, mobile and phone banking.
- Rate lock – giving you the ability to lock in the rate from date of application for up to 90 days.
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**Comparison rate warning
Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison rate.
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Interest rates effective 30 December 2016. Rates quoted and all rates subject to change. Minimum loan amount is $25,000. For all Fixed rate home loans, at the end of the Fixed rate period the interest rate reverts to the Flexi Choice Loan variable annual percentage rate.
Fixed Rate Lock
The Fixed Rate Lock commences from the date of the application and is locked in for 90 days from the date of application. A Fixed Rate Lock fee of 0.15% of the total amount financed applies and is payable regardless of whether the interest rate at the time of settlement has increased or decreased.
*Maximum LVR 90% before the capitalisation of the LMI and/or MRI premium. Final LVR including capitalisation of the premiums of one or both of LMI and/or MRI and any bank fees cannot exceed 95%.