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  • Commonwealth Bank Economiser Home Loan

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    home loans

    • 6.50%variable

    • 6.65%

    • $8.00Monthly

    • $800

    Rates

    Variable rate
    6.50%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.65%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    none

    Fees

    Application fee
    $600.00
    Legal fee
    $
    Valuation fee
    $
    Settlement fee
    $200.00
    Other upfront fee (% of loan)
    none
    Service fee
    $8.00Monthly
    Discharge fee
    $350.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, Fortnightly, Monthly
    Extra repayments
    yes - free
    Repayment holidays
    yes
    Redraw facility
    yes - $50 fee
    Minimum redraw amount
    $500.00
    Split account
    no
    Offset account
    no
    Other restrictions
    none
    Other benefits
    none

    Other financial bits

    Minimum loan amount
    $10,000.00
    Maximum loan amount
    $

    About Commonwealth Bank

    The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

    How are Commonwealth Bank home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    Commonwealth Bank home loans 6.4 Based on 718
    Commonwealth Bank home loan reviews
    5.9 5.9 6.6 7.7 6.3

    Read Commonwealth Bank home loan reviews by the Mozo community

    Latest review of Commonwealth Bank Economiser Home Loan

      • Commonwealth Bank Economiser Home Loan *

        • 6.50%

          variable rate

        • 6.65%

          comparison rate

        Commonwealth Bank 12 Month Discounted *

        • 7.01%

          variable rate

        • 6.31%

          intro rate

        * Fees and charges are payable

        Show Rates

        privacy and security stinks

          1. Overall customer rating
          2. (Reviewed 17 days ago)

        I went through marriage break up and the bank gave my ex wife all my personal details I had and it was not her account. They gave her 13 statements and wanted me to pay for them. I closed my account there and then. This is a bank you should not tr...       Full review 

        I went through marriage break up and the bank gave my ex wife all my personal details I had and it was not her account. They gave her 13 statements and wanted me to pay for them. I closed my account there and then. This is a bank you should not trust there security stinks.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        Commonwealth Bank Economiser Home Loan home loan review by Michael from Queensland

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    *The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan, based on the loan amount and loan term you entered. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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