The details shown below are for an owner occupier taking out a principal & interest loan of at least $100,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $100,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $100,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $100,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 70% | $100,000 | |
| | Owner Occupier | Principal & Interest | < 80% | $100,000 | |
| | Investor | Principal & Interest | < 80% | $100,000 | |
| | Investor | Interest Only | < 80% | $100,000 |
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $100,000
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $100,000
Investor (Principal & Interest)
LVR < 80%
Loan: $100,000
Investor (Interest Only)
LVR < 80%
Loan: $100,000
The Bank of Sydney has dubbed this home loan “Expect More” for a reason. Not only does it have a range of attractive features, but with zero upfront or ongoing fees and low rates starting from 2.94% (2.96% comparison rate*), it’s one of the most competitive loans in the market.
Let’s jump into the nitty gritty details of the loan! To qualify for no package fee and a 2.94% rate (2.96% comparison rate*), you’ll need to have an LVR under 70%, or in other words a home loan deposit of 30% or more. Have an LVR between 70% and 80%? Your rate will be a the same 2.94%, but a annual package fee of $395 will apply. With a Bank of Sydney Expect More Home Loan, you can split your loan leaving a portion variable and the remainder fixed, giving you a little more security if a rate rise happens down the track.
You’ll also gain access to a range of flexible features including an offset account, fee-free extra repayments and a redraw facility. Repayment frequencies are a little inflexible, as you can only pay off your mortgage monthly.
To top things off when you take out the loan you can fly through the application process free of fees but there is a $395 annual fee payable in advance. Just keep in mind, you’ll need to pay a $300 discharge fee when you pay out your loan.
Borrowers who plan to live in their home, looking for a low rate mortgage packed with convenient features like an offset account and extra repayments facility. You do have to live in Sydney, Melbourne or the metropolitan area of Adelaide to be eligible for the loan.
This loan is only available to new applicants, which means if you already have a home loan with the Bank of Sydney, you cannot switch over to this product.
2.94% p.a.
n/a
n/a
n/a
2.96% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$150.00
n/a
$0.00
$300.00
$100,000
none
none
70.00%
Owner Occupier
Principal & Interest
Monthly
yes - free
yes
yes - free
$2,000.00
yes
yes
Valuation & legal fees payable at cost. Up to $475 in legal fees and up to $420 in valuation fees covered by Bank of Sydney.
none
Package fee waived for the life of the loan for LVRs up to 70%.
2.94% p.a.
n/a
n/a
n/a
3.38% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$150.00
n/a
$395.00 yearly
$300.00
$100,000
none
none
80.00%
Owner Occupier
Principal & Interest
Monthly
yes - free
yes
yes - free
$2,000.00
yes
yes
Valuation & legal fees payable at cost. Up to $475 in legal fees and up to $420 in valuation fees covered by Bank of Sydney.
none
none
3.50% p.a.
n/a
n/a
n/a
3.92% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$150.00
n/a
$395.00 yearly
$300.00
$100,000
none
none
80.00%
Investor
Principal & Interest
Monthly
yes - free
yes
yes - free
$2,000.00
yes
yes
Valuation & legal fees payable at cost. Up to $475 in legal fees and up to $420 in valuation fees covered by Bank of Sydney.
none
Package fee waived for the life of the loan for LVRs up to 70%.
3.60% p.a.
n/a
n/a
n/a
4.02% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$150.00
n/a
$395.00 yearly
$300.00
$100,000
none
none
80.00%
Investor
Interest Only
Monthly
yes - free
yes
yes - free
$2,000.00
yes
yes
Valuation & legal fees payable at cost. Up to $475 in legal fees and up to $420 in valuation fees covered by Bank of Sydney.
none
none
Promoted
Commonwealth Bank
Fixed Rate Home Loan (Wealth Package)
2.29% p.a.
fixed 3 years
3.87% p.a.
Promoted
Suncorp
Fixed Home Loan (Home Package Plus)
2.49% p.a.
fixed 3 years
3.31% p.a.
Promoted
People's Choice Credit Union
Basic Variable Home Loan
2.69% p.a. variable
2.69% p.a.
Promoted
Mortgage House
Switch and Save Special - Fixed Home Loan
2.19% p.a.
fixed 3 years
2.65% p.a.
Promoted
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.39% p.a.
fixed 3 years
3.66% p.a.
Promoted
Commonwealth Bank
Fixed Rate Home Loan (Wealth Package)
2.29% p.a.
fixed 3 years
3.87% p.a.
Promoted
Bank of Queensland
Economy
2.69% p.a. variable
2.86% p.a.
Promoted
Bank of Queensland
Economy
2.69% p.a.
2.86% p.a.
Promoted
Yard
Variable Home Loan Winter Special
2.39% p.a.
2.42% p.a.
Promoted
Suncorp
Fixed Home Loan (Home Package Plus)
2.49% p.a.
fixed 3 years
3.31% p.a.
Promoted
Commonwealth Bank
Fixed Rate Home Loan (Wealth Package)
2.29% p.a.
fixed 3 years
3.87% p.a.
Promoted
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.39% p.a.
fixed 3 years
3.66% p.a.
Promoted
People's Choice Credit Union
Fixed Rate Home Loan (Package)
2.29% p.a.
fixed 3 years
3.72% p.a.
Promoted
Mortgage House
Switch and Save Special - Fixed Home Loan
2.19% p.a.
fixed 3 years
2.65% p.a.
Promoted
Bank of Queensland
Fixed Rate
2.35% p.a.
fixed 3 years
3.44% p.a.
Promoted
People's Choice Credit Union
Basic Variable Home Loan
2.69% p.a.
2.69% p.a.
$0.00
Promoted
Yard
Variable Home Loan Winter Special
2.39% p.a.
2.42% p.a.
$0.00
Promoted
Bank of Queensland
Economy
2.69% p.a.
2.86% p.a.
$10.00 monthly