Budget Home Loan

General Lending Rates

Product Variations

Product Features

• Digital Banking

• Redraw Additional Information: Minimum redraw $1,000.00, online or staff assisted

• Other Additional Information: Loan terms of up to 30 years

• Other Additional Information: Extra repayments permitted without penalty

Product Eligibility

• Residency Status - Australian Citizen Or A Permanent Resident Of Australia Or Otherwise Approved.

• Min Age - 18.

• Other Additional Information: Secured by approved residential or rural lifestyle property

• Other Additional Information: 'Special Offer' rates are available for principal and interest loans with a minimum loan amount of $100,000 and an LVR of up to 80% (Owner Occupied First Home Buyers LVR up to 95%, Investment First Home Buyers LVR up to 90%).

Bank Fees and Charges

• Cheque Issuing Fee (Event), Amount: 2.50. Additional Information: Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque.

• Consent Fee (Event), Amount: 200.00. Additional Information: Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property.

• Default Administration Fee (Event), Amount: 50.00. Additional Information: Payable to us when the borrower (or security provider) has not performed an obligation on time including an obligation to pay money. This fee is payable monthly commencing one month after the obligation should have been performed and up to and including the month in which the obligation is performed. We debit these fees to your loan account each month until the default is remedied.

• Discharge Administration Fee (Event), Amount: 200.00. Additional Information: Per Security. Payable to us each time we release a security.

• Dishonour Fee (Event), Amount: 9.00. Additional Information: Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured.

• Duplicate Fee (Event), Amount: 20.00. Additional Information: Per copied document. Payable to us when we provide a copy of a document.

• Duplicate Statement Fee (Event), Amount: 7.00. Additional Information: Per statement. Payable to us when we provide a copy of a statement at your request.

• Photocopying Fee (Event), Amount: 0.50. Additional Information: Per sheet. Payable to us when we provide a photocopy of any document at your request.

• Production Fee (Event), Amount: 200.00. Additional Information: Per document per production. Payable to us if, at your or a security provider's request, we produce a document to the Land and Property Information division of the NSW Department of Lands or its equivalent in other jurisdictions.

• Renegotiation Fee (Event), Amount: 300.00. Additional Information: Per renegotiation. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options.

• Security Substitution Fee (Event), Amount: 300.00. Additional Information: Per new security. Payable to us to substitute a new security for an existing one.

• Settlement Fee (Event), Amount: 150.00. Additional Information: Per settlement. Payable to us each time we or our solicitors attend settlement in connection with a security.

• Valuation Fee Consumer Loans (Variable), Amount: Not Listed.. Additional Information: Valuation fees are available upon enquiry. Payable in relation to each property to which a loan is secured, and may vary according to the location of the secured property. Initial valuation fee waived up to $250.00 for Package Home Loans.

• Agents Costs (Variable), Amount: Not Listed.. Additional Information: Amount not ascertainable. Payable to us or our solicitor or their agent when they attend to the registration of a discharge of mortgage at your request or when an agent is required to attend a settlement, produce or lodge documents at the Lands and Property Services division of New South Wales Department of Lands or its equivalent in other jurisdictions.

• Information Fee (Variable), Amount: 20.00. Additional Information: $1.00 per minute ($20.00 minimum fee). The fee will be calculated on the actual time spent retrieving and providing the information requested. Payable to us to provide information and that information is provided in writing.

• Switching Fee (Event), Amount: 300.00. Additional Information: Per switch. Payable to us when you convert from one interest rate option to another within your existing loan or if you elect to switch to another of our loan products

 Limitations & Restrictions (Constraints)

• Min Limit of 100000.00 Additional Information: Minimum loan amount up to $100,000.00.

• Max Lvr of 95.00