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% | $150,000 | |
|
|
Owner Occupier | Principal & Interest | 70%-80% | $150,000 | |
|
|
Owner Occupier | Interest Only | 70%-80% | $150,000 | |
|
|
Investor | Principal & Interest | < 70% | $150,000 | |
|
|
Investor | Interest Only | 70%-80% | $150,000 | |
|
|
Owner Occupier | Principal & Interest | 80%-95% | $150,000 | |
|
|
Investor | Principal & Interest | 70%-80% | $150,000 | |
|
|
Investor | Principal & Interest | 80%-90% | $150,000 | |
|
|
Owner Occupier | Interest Only | < 70% | $150,000 | |
|
|
Investor | Interest Only | 80%-90% | $150,000 | |
|
|
Investor | Interest Only | < 70% | $150,000 |
If you’re a borrower with a small deposit who doesn’t want to miss out on a great rate, then you might want to check out the BankSA Fixed Home Loan (Advantage Package). This loan features a 6.99% p.a. fixed one year rate (7.92% p.a. comparison rate*) for customers with an 95% LVR (LMI applies). There are no upfront fees to worry about and if you’re thinking of refinancing, you could be able to take advantage of the refinance cashback offer!
Whether you’re buying your first home or are thinking of refinancing, the BankSA Fixed Home Loan (Advantage Package) could be the right pick for you. Featuring a 6.99% p.a. fixed one year rate (7.92% p.a. comparison rate*) for Aussies borrowing with a 5% deposit, you’ll be able to take comfort in knowing that your repayments will remain the same. But no matter what fixed term you choose, so long as you make principal and interest repayments, you’ll get that rate.
Investor rates are also available with this loan, starting from 6.69% for 1 year fixed term (8.12% comparison rate*).
Some handy features with this loan include a partial offset account and free extra repayments (up to $30,000 a year), which can both help reduce the interest you pay. And there’s a free redraw facility if you ever need to ‘dip’ back into those additional repayments. You’ll also have your choice of repayment frequency, allowing you to make your repayments either weekly, fortnightly or monthly and you can even take a repayment holiday if you ever need a break from your loan.
Refinancers will also have the chance to score big, as if you choose to refinance your BankSA Basic Home Loan to the Advantage Package. You’ll receive $2,000 cashback for refinance loans with an LVR less than or equal to 80% and a $200,000 minimum loan size (excludes refinances from Westpac Group) - you'll need to apply from 1st September 2023.
Just bear in mind owner occupied interest only loans aren't eligible for any of this cashback.
And while there is no application fee with the BankSA Fixed Home Loan (Advantage Package), there is a $395 annual service fee, $350 discharge fee and $100 settlement fee to cost for.
The BankSA Fixed Home Loan (Advantage Package) could be a great pick for first home buyers with a small deposit, looking to snatch up a fixed home loan deal. This loan might also suit refinancers who want to earn a little extra when they switch.
While this loan does help borrowers save on costs with no application fees, keep in mind that there is a $395 annual service fee.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.59% (7.65%*) |
|
|
6.49% (7.55%*) |
|
|
6.59% (7.50%*) |
|
|
6.59% (7.44%*) |
|
|
6.69% (7.42%*) |
|
|
n/a |
|
|
n/a |
|
|
7.39% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.69% (7.75%*) |
|
|
6.59% (7.65%*) |
|
|
6.69% (7.60%*) |
|
|
6.69% (7.54%*) |
|
|
6.79% (7.52%*) |
|
|
n/a |
|
|
n/a |
|
|
7.49% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.99% (8.30%*) |
|
|
6.89% (8.17%*) |
|
|
6.99% (8.09%*) |
|
|
6.99% (8.00%*) |
|
|
7.09% (7.97%*) |
|
|
n/a |
|
|
n/a |
|
|
8.08% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.69% (8.03%*) |
|
|
6.49% (7.88%*) |
|
|
6.69% (7.82%*) |
|
|
6.69% (7.73%*) |
|
|
6.79% (7.69%*) |
|
|
n/a |
|
|
n/a |
|
|
7.81% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.89% (8.39%*) |
|
|
6.64% (8.21%*) |
|
|
6.89% (8.14%*) |
|
|
6.89% (8.04%*) |
|
|
6.99% (7.98%*) |
|
|
n/a |
|
|
n/a |
|
|
8.20% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.99% (8.04%*) |
|
|
6.89% (7.94%*) |
|
|
6.99% (7.89%*) |
|
|
6.99% (7.83%*) |
|
|
7.09% (7.81%*) |
|
|
n/a |
|
|
n/a |
|
|
7.79% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
80.00% |
|
|
95.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.79% (8.13%*) |
|
|
6.59% (7.97%*) |
|
|
6.79% (7.92%*) |
|
|
6.79% (7.82%*) |
|
|
6.89% (7.79%*) |
|
|
n/a |
|
|
n/a |
|
|
7.91% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
7.09% (8.42%*) |
|
|
6.89% (8.27%*) |
|
|
7.09% (8.21%*) |
|
|
7.09% (8.12%*) |
|
|
7.19% (8.08%*) |
|
|
n/a |
|
|
n/a |
|
|
8.21% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
80.00% |
|
|
90.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.89% (8.20%*) |
|
|
6.79% (8.07%*) |
|
|
6.89% (7.99%*) |
|
|
6.89% (7.90%*) |
|
|
6.99% (7.87%*) |
|
|
n/a |
|
|
n/a |
|
|
7.98% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
7.19% (8.69%*) |
|
|
6.94% (8.50%*) |
|
|
7.19% (8.43%*) |
|
|
7.19% (8.33%*) |
|
|
7.29% (8.28%*) |
|
|
n/a |
|
|
n/a |
|
|
8.50% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
80.00% |
|
|
90.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.79% (8.29%*) |
|
|
6.54% (8.11%*) |
|
|
6.79% (8.04%*) |
|
|
6.79% (7.94%*) |
|
|
6.89% (7.89%*) |
|
|
n/a |
|
|
n/a |
|
|
8.10% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
Receive $2,000 refinance cashback, min loan size of $250,000 and LVR less than or equal to 80% (excludes refinances from Westpac Group), apply from 1st September 2023. |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
Excellent service and competitive rates.
Read full reviewExcellent service and competitive rates.
It still has some of the old school feel. Can talk to someone directly if needed. Negotiate interest rates.
Read full reviewIt still has some of the old school feel. Can talk to someone directly if needed. Negotiate interest rates.
Bank of convenience here in SA. Offered the lowest rate at the time we needed our home loan. Have always had great customer service when attending a branch and very easy to redraw and refix our loan.
Read full reviewBank of convenience here in SA. Offered the lowest rate at the time we needed our home loan. Have always had great customer service when attending a branch and very easy to redraw and refix our loan.
The major thing now is that with the advantage packages, the yearly fee is so high that it becomes harder to save due to rates being very low.
Read full reviewThe major thing now is that with the advantage packages, the yearly fee is so high that it becomes harder to save due to rates being very low.
Great customer service and easy to use online banking!
Read full reviewGreat customer service and easy to use online banking!
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Offset Home Loan (Package)
6.15% p.a. variable
6.40% p.a.
Basic Home Loan (Fixed)
5.99% p.a.
fixed 3 years
6.13% p.a.
Offset Home Loan (Package)
6.15% p.a.
6.40% p.a.
Basic Home Loan
6.15% p.a.
6.17% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Basic Home Loan (Fixed)
5.99% p.a.
fixed 3 years
6.13% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Basic Home Loan (Fixed)
6.09% p.a.
fixed 3 years
6.19% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
