Our Home Sweet Home Loan

A variable interest only home loan available as a short term facility for purposes such as the construction of your home or for bridging finance.

The rate is reduced if the loan-to-value ratio (LVR) is <= 70%. LVR is the loan-to-value ratio is the amount you are borrowing represented as a percentage of the value of the property you are buying e.g. $400,000 loan divided by $500,000 property value is 80%.

4.09 % p.a. Interest rate 4.16 % p.a. Comparison rate

Owner occupier, variable, Interest Only, LVR 70% or less.

Features LVR <=70% LVR > 70%
Repayment Arrangement Interest Only Interest Only
Minimum amount $50,000 $50,000
Maximum amount 70% of property value. 79% of the property value.
If it's a bridging loan: 85% of property value with mortgage insurance.
If it's not a bridging loan: 95% of property value with mortgage insurance.
Loan period Up to 30 years Up to 30 years
Repayment frequency Weekly, fortnightly or monthly Weekly, fortnightly or monthly
Interest only available Yes Yes
Additional repayments accepted Yes Yes
Redraw available Yes Yes
Redraw Fee $0 $0
Minimum redraw amount No minimum No minimum
Offset account available Yes Yes
Offset fee $150 p.a. $150 p.a.
Establishment fee $350* $350*
Bridging Establishment fee $500 $500
Monthly fee $0 $0
Annual fee $150 $150
Early break fee No No

Interest Rates

Loan to value ratio (LVR) Interest rate p.a. Comparison rate p.a.
LVR <=70% 4.09% p.a. 4.16% p.a.
LVR >70% 4.24% p.a. 4.31% p.a.

How much would my repayments be?

You will need to adjust the interest rate using the slider tool, to provide an indication of results.

Special Offers

Why choose us?

Our purpose is to provide personalised banking services to our members. Our Values are ...

It's all about you

Our members are our reason for being, everything we do, we do for them.

A trusted partner

We will earn our members' trust everyday by acting honestly, ethically and in their best interests.

People for people

In a world of technological innovation, we understand the value of people.

Committed custodian

We will embrace our responsibilities by developing our staff, supporting our communities and respecting the environment.

Important Information:

* Establishment Fee is not applicable if the loan purpose is bridging. The Bridging Establishment Fee will be applicable in that instance.

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