Basic Home Loan

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 6.13%, Comparison Rate 6.18%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.14%, Comparison Rate 6.19%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.39%, Comparison Rate 6.44%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.65%, Comparison Rate 6.70%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

 Product Features

• Digital Banking Additional Information: You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.

• Extra Repayments Additional Information: You can make extra repayments on variable rate loans and access the cash when you need it at no cost with our redraw.

• Other Additional Information: Eco-Pause: Our Eco-Pause lets customers take a break from their mortgage repayments and redirect their money to eco upgrades such as solar panels, batteries and water tanks. With an eco-pause you can pause your repayments for three months or halve them fditions apply.

• Other Additional Information: Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly

• Other Additional Information: Parental Pause: Welcoming a new family member to the family can place a pretty big strain on finances so we offer you the option of pausing your home loan repayments to give you some breathing space.This allows you to take a break from payments for three months# or halve them for six. Conditions apply.

• Other Additional Information: Construction Loan Offset: We protect an equivalent amount of land on the Bank Australia Conservation Reserve as is being constructed to help offset the environmental impact of land clearing

• Redraw Additional Information: If you're ahead of your repayments, you may be able to redraw fee free, with restrictions if your loan is fixed

 Product Eligibility

• Min Age - 18. Additional Information: Individuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.

• Natural Person Additional Information: Individuals only: Not available for non-personal borrowers.

• Other Additional Information: Applications for loans are subject to the Bank's lending criteria.

• Residency Status - Au. Additional Information: Australian citizen or permanent resident of Australia

 Bank Fees and Charges

• Additional Valuation (Event), Amount: 150.00. Additional Information: The establishment fee covers a standard loan, which includes one valuation. This fee applies for any additional standard residential valuation required.

• Home Loan Establishment Fee - Existing Mortgage (Upfront), Amount: 295.00. Additional Information: Payable for all requests to increase a current loan or for an additional loan where Bank Australia already holds a registered mortgage.

• Loan Variation Fee (Event), Amount: 150.00. Additional Information: Payable when transferring from a home loan product to a different home loan product. For example, transferring a variable rate product to a fixed rate product.

• Valuation Administration Fee (Event), Amount: 250.00. Additional Information: If you request a loan variation, Bank Australia may need to revalue your property before approving the request.

• Mortgage Discharge Fee (Event), Amount: 350.00. Additional Information: Payable when you discharge the mortgage. Statutory government registration fees will still apply

• Portability Fee- Existing Mortgage (Event), Amount: 150.00. Additional Information: Payable when a property securing a loan is replaced with a property that is already registered with a Bank Australia mortgage.

• Portability Fee- New Mortgage (Event), Amount: 500.00. Additional Information: Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia.

• Home Loan Establishment Fee - New Mortgage (Upfront), Amount: 595.00. Additional Information: Payable for all mortgage secured loans to cover Bank Australia administration costs including preparing security documents.

 Limitations & Restrictions (Constraints)

• Min Limit of 10000.00