Basic Home Loan
Do you want a low interest rate home loan that's easy to use? Then the Greater's Basic Home Loan could be for you. This is an easy to use home loan, designed to give you great value. This loan has a broad appeal and is ideally suited to those seeking a low ongoing rate and long term savings on their loan. It has a low ongoing interest rate, no monthly fees or annual fees so you could save thousands on your home loan!
Key Features & Benefits
- Very competitive variable & fixed interest rates
- No Ongoing Monthly Loan Service Fees
- Free Internet Redraw Facility
| Interest type & rate |
| Interest type |
Variable or Fixed |
| Interest Rate |
From 6.19%p.a.
View interest rate schedule |
| Comparison Rate* |
From 6.19%p.a (for an amount of $150,000 over 25 years)*
View comparison rate schedule |
| Loan term |
| Loan Term |
Up to 30 years^ |
| Maximum amount |
95% of the value of the property being purchased or the security provided^ |
| Repayments |
| Repayment type |
Principal and interest
Interest only |
| Repayment frequency |
Weekly, fortnightly or monthly |
| Extra repayment |
Yes |
| Early repayment |
Yes |
| Redraw |
Yes |
| Fees & Charges |
| Establishment fee |
$1,200 (some or all of this may be deferred at our discretion) |
| Annual Fee |
Nil |
| Monthly fee |
Nil |
| Other Features and benefits |
| Free Holiday |
N/A |
Account Free of
Greater Transaction Fees |
N/A |
| Split Loan |
Yes |
| Loan Offset |
Yes |
| Free Internet Banking |
Yes |
| Free Phone Banking |
Yes |
* WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
^ This may vary depending on the type and location of any security property.
