The & Basic Home Loan offers a low variable rate for owner occupiers looking to borrow up to 90% of the property value. It has no establishment fee, a redraw facitity and the flexibility of being able to make extra repayments so you can pay off your loan sooner.
- Great rate - access to a low variable rate home loan.
- Flexible loan sizes - obtain a loan that suits your needs, starting at $150,000 and up to 90% of the property value.
- Pay your loan off sooner - make additional payments and pay your loan off faster.
- Borrowing less than 60%? - Enjoy a lower rate when you borrow less than 60% of the value of your property.
- Redraw facility - pay more into your home loan and access the funds when you need them.
Want to get into your first home sooner?
The First Home Loan Deposit Scheme New Home Guarantee is an Australian Government initiative to support eligible first home buyers purchase a home sooner. It does this by providing a guarantee that will allow eligible first home buyers to purchase a home with a deposit of as little as 5% without needing to pay for Lenders Mortgage Insurance (LMI).
|Product Name||LVR||Rate||Comparison Rate|
|& Basic Home Loan||< 60.00%||2.49% p.a.||2.49% p.a.|
|& Basic Home Loan||> 60.00%||2.64% p.a.||2.64% p.a.|