Great Rate Investment Home Loan
Interest rate
6.39
%~
p.a.
Comparison rate
7.86
%^
p.a.
~2 year fixed Great Rate Investment Home Loan rate, principal and interest
Keeping investing simple.
No ongoing fees mean you can keep a closer eye on maximising your return.
Why choose our Great Rate Investment Home Loan?
A range of competitive rates to suit your Loan to Value Ratio (LVR).
No monthly fees and no annual fees.
Borrow up to 90% of your property value as an owner occupier, or avoid Lender’s Mortgage Insurance by securing a deposit of 20% or more.
Discounted interest rates for new loans borrowing more than $150,000 with an LVR 80% or below.
Free redraw available around the clock via online banking.†
You could pay off your loan sooner by making additional repayments. ‡
Flexible repayment options, including the ability to split your loan between fixed and variable rate.
Interest rates, fees and charges
Great Rate Investment Home Loan - Discount variable rate
| Great Rate Investment Home Loan | Interest rate# | Comparison rate^ |
|---|---|---|
| Variable | 6.19% p.a. | 6.20% p.a. |
Great Rate Investment Home Loan - Variable rate
| Great Rate Investment Home Loan | Interest rate | Comparison rate^ |
|---|---|---|
| Variable | 8.24% p.a. | 8.25% p.a. |
Refer to the Home Loans Terms and Conditions, Lending Products Product Schedule and Lending Fees and Charges for further information regarding terms, conditions, fees, charges and credit criteria that apply.
Great Rate Investment Home Loan - Fixed rates
| Great Rate Investment Home Loan | Interest rate~ | Comparison rate^ |
|---|---|---|
| 1 Year Fixed | 6.39% p.a. | 8.05% p.a. |
| 2 Years Fixed | 6.39% p.a. | 7.86% p.a. |
| 3 Years Fixed | 6.49% p.a. | 7.73% p.a. |
| 4 Years Fixed | 6.64% p.a. | 7.64% p.a. |
| 5 Years Fixed | 6.64% p.a. | 7.53% p.a. |
Refer to the Home Loans Terms and Conditions, Lending Products Product Schedule and Lending Fees and Charges for further information regarding terms, conditions, fees, charges and credit criteria that apply.
Fees and charges
| Monthly fee | $0 |
| Settlement processing fee | $180.00 |
| Government registration fees apply? | Yes |
The above are a selection of our fees only, other fees and charges may apply.
Refer to the Home Loans Terms and Conditions, Lending Products Product Schedule and Lending Fees and Charges for further information regarding terms, conditions, fees, charges and credit criteria that apply.
Trophy-worthy loans for property pros
Calculate your home loan repayments
Calculator Disclaimer
This calculator should be used as an indication only. Results provided are estimates for illustrative purposes and based on the information provided and the assumption that calculations are for new borrowings only. These assumptions are subject to change. Results should not be relied on or construed as financial or other advice. Results do not represent a quote or pre-qualification for a loan or other product.
Calculations are not a loan or other product approval. Applications for credit are subject to credit approval and satisfactory security and minimum deposit requirements. Other criteria also apply. Conditions apply to all loans and other products. Full terms and conditions will be set out in our loan or other product offer, if an offer is made.
Weekly and fortnightly repayment amounts shown are not a simulation of actual loan repayments. They are indicative conversions only and do not reflect actual repayment calculations or outcomes. Greater Bank loan repayments are calculated and payable on a monthly basis.
Fees and charges are payable. Interest rates are subject to change. The calculations do not take into account fees, charges or other amounts that may be charged to your loan or other account (such as establishment fees or stamp duty). Lender's Mortgage Insurance may apply. Any of these additional amounts will increase repayments under the loan.
As this information has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on it. You should obtain financial and taxation advice from a suitably qualified and experienced professional adviser before making a financial decision.
Calculator by Widget Works.
Got a question about our Great Rate investment Home Loan?
Yes.
At Greater Bank, we know sometimes it's hard for you to visit us when applying for a home loan, so we will come to you. Our experienced Lenders can visit you at home or work, at a time that suits you. Whether you’re considering a new home loan or swapping your current home loan to Greater Bank, our Lenders are here to help make your life greater.
Terms, conditions, fees, charges and credit criteria apply.
Changing from one Greater Bank Home Loan Product to another is easier than you might think.
Why not get in touch with us today to see what our Lending Staff can do to make life greater?
- Make a Loan Enquiry online now
- Call 13 13 86 to speak with a friendly member of staff
- Visit your nearest branch to speak with your local Lending Manager
Note: Fixed Rate break costs may apply
Use one of our lending calculators to find out:
- What is my borrowing power?
- What would my loan repayments be?
- How quickly can I pay off my loan?
- How soon can I reach my savings goal?
- How much interest can I earn on my investment?
Check out our range of home loans and our current interest rates.
Greater Bank offers a number of ways for customers to kick-start what will surely be one of life’s most exciting experiences – buying a home.
You can start a conversation with Greater Bank today by
- Making a Home Loan enquiry online.
- Dropping into your nearest branch.
- Calling us on 13 13 86 and speaking with a friendly member of staff.
Can't quite find what you're after?
Drop into a branch
Our friendly staff are happy to help with all your banking needs. Find a location near you across NSW and South East QLD.
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Get in touch
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Monday to Friday 8:00am - 6:00pm AEST.
Saturday 8:00am - 1:00pm AEST.
Terms, conditions, fees, charges and credit criteria apply.
^Comparison rate is based on $150,000 over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
~At the end of the fixed rate period customers can chose to re-fix their loan for another fixed rate period or let the loan revert to the applicable variable interest rate based on the loan and repayment type.
‡A prepayment fee applies to fixed rate loans if you make more than 5% in extra payments. Contact us before making additional repayments to get an estimate of the prepayment fee.
†Redraws available on application, for amounts in advance. A redraw fee applies to applications made in branch.
#Discounted rates available for new home loans $150k+, with LVR of 80% or less.
Interest Only home loans attract a 0.10% p.a. margin above the applicable Principal and Interest interest rate. Your interest rate which includes any margins, will be set out in your loan contract.
◊Cashback offers:
*Online Cashback of $2,500 for eligible home loans $250-$499k or $3,000 for loans ≥$500k available for applications submitted via the Greater Bank Digital Home Loan application channel (online application) with 80% LVR or below. Excludes refinances from Greater Bank or Newcastle Permanent. If eligible, cashback payment will be made within 60 days of the loan settlement date (loan must still be open at time of payment). Only one (1) cashback payment per eligible loan and for first eligible loan only. Not available in conjunction with any other cashback or promotional payment (except any interest rate discount offered). Offer may be varied or withdrawn at any time. See the full Online Cashback Offer Terms and Conditions.
+Cashback of $2,000 for eligible home loans $250-$499k or $2,500 cashback for loans ≥$500k available for refinance applications submitted via Greater Bank lenders (not online), with 80% LVR or below. Only one (1) cashback payment per eligible loan, and for first eligible loan only. Not available in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full Cashback Offer Terms and Conditions.