The details shown below are for an investor taking out a principal & interest loan between $350,000 and $4,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $350,000 and $4,000,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $350,000 and $4,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $350,000 and $4,000,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $350,000 and $4,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $350,000 and $4,000,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Investor | Principal & Interest | 80%-90% | $350,000 | $4,000,000 |
| | Owner Occupier | Principal & Interest | 80%-90% | $350,000 | $4,000,000 |
| | Investor | Principal & Interest | < 80% | $350,000 | $4,000,000 |
| | Investor | Interest Only | < 80% | $350,000 | $4,000,000 |
| | Owner Occupier | Principal & Interest | < 80% | $350,000 | $4,000,000 |
| | Investor | Interest Only | 80%-90% | $350,000 | $4,000,000 |
Investor (Principal & Interest)
LVR 80%-90%
Loan: $350,000 $4,000,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $350,000 $4,000,000
Investor (Principal & Interest)
LVR < 80%
Loan: $350,000 $4,000,000
Investor (Interest Only)
LVR < 80%
Loan: $350,000 $4,000,000
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $350,000 $4,000,000
Investor (Interest Only)
LVR 80%-90%
Loan: $350,000 $4,000,000
Variable interest rates for Citi's Standard Variable (Mortgage Plus) home loan start at a low 2.69% (3.09% comparison rate*). The loan is available for both owner occupiers and investors, with principal and interest and interest-only repayments available. It’s not just a straight up and down loan either, with an offset account and a number of package perks available.
Citi’s packaged, Standard Variable (Mortgage Plus) home loan comes with competitive variable interest rates for both owner occupiers and investors. Principal and interest loans are available for both types of borrowers with interest rates starting at 2.99% (3.38% comparison rate*) for investors and even lower for owner-occupiers at 2.69% (3.09% comparison rate*).
You can borrow between $350,000 and $4 million and the maximum loan-to-value ratio is 90%. Just bear in mind that if you put down a deposit less than 20%, you will have to pay Lenders Mortgage Insurance.
In terms of features, borrowers will have the ability to make extra repayments towards their loan and make redraws via the online redraw facility. There's even an offset account, which can be handy if you're looking to reduce the overall interest you pay. After all, the sooner you pay off your home loan the less interest you’ll wind up paying.
One factor to consider is that this is a package home loan, and therefore it does come with a yearly fee. The $350 annual service cost covers additional perks such as the option of getting an eligible Citi credit card with zero or reduced annual fees and access to the Citi Plus Transaction Account. These extras even come with their own perks, including complimentary international travel insurance for you and your family with a Citi credit card and free global transfers to other Citi accounts in over 25 countries with the Citi Plus Transaction Account.
Citi’s Standard Variable (Mortgage Plus) could be a good fit for someone searching for a home loan with lots of extra features and perks. If you have the financial means and the willpower to make extra repayments or an offset account, then this may be an offer worth adding to your shortlist.
This home loan package does come with a $350 annual service fee, so you will want to weigh up whether this cost is worth it for the extra features. Aside from that, there are also one-off settlement and discharge fees to consider. If you’re after a basic home loan with no yearly fee though, head on over to our home loans hub to browse through other home loans.
3.24% p.a.
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n/a
n/a
3.63% p.a.
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n/a
n/a
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n/a
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n/a
$0.00
$0.00
$0.00
$250.00
n/a
$350.00 yearly
$350.00
$350,000
$4,000,000
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes
none
yes
yes
none
Zero Fee on Platinum Card and Citibank Plus Transaction Account.
Receive $3,000 cashback for new lending between $350,000 and $750,000 or $4,000 cashback for loan amounts of $750,000 or more for applications submitted by 28 February 2021 and settled by 30 April 2021.
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.
2.94% p.a.
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3.34% p.a.
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$0.00
$0.00
$0.00
$250.00
n/a
$350.00 yearly
$350.00
$350,000
$4,000,000
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes
none
yes
yes
none
Zero Fee on Platinum Card and Citibank Plus Transaction Account.
Receive $3,000 cashback for new lending between $350,000 and $750,000 or $4,000 cashback for loan amounts of $750,000 or more for applications submitted by 28 February 2021 and settled by 30 April 2021.
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.
2.99% p.a.
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n/a
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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
$250.00
n/a
$350.00 yearly
$350.00
$350,000
$4,000,000
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes
none
yes
yes
none
Zero Fee on Platinum Card and Citibank Plus Transaction Account.
Receive $3,000 cashback for new lending between $350,000 and $750,000 or $4,000 cashback for loan amounts of $750,000 or more for applications submitted by 28 February 2021 and settled by 30 April 2021.
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.
3.29% p.a.
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3.68% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$350.00 yearly
$350.00
$350,000
$4,000,000
none
80.00%
Investor
Interest Only
Monthly
yes - free
no
yes
none
yes
yes
none
Zero Fee on Platinum Card and Citibank Plus Transaction Account.
Receive $3,000 cashback for new lending between $350,000 and $750,000 or $4,000 cashback for loan amounts of $750,000 or more for applications submitted by 28 February 2021 and settled by 30 April 2021.
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.
2.69% p.a.
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3.09% p.a.
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n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$350.00 yearly
$350.00
$350,000
$4,000,000
none
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes
none
yes
yes
none
Zero Fee on Platinum Card and Citibank Plus Transaction Account.
Receive $3,000 cashback for new lending between $350,000 and $750,000 or $4,000 cashback for loan amounts of $750,000 or more for applications submitted by 28 February 2021 and settled by 30 April 2021.
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.
3.54% p.a.
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3.92% p.a.
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n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$350.00 yearly
$350.00
$350,000
$4,000,000
80.00%
90.00%
Investor
Interest Only
Monthly
yes - free
no
yes
none
yes
yes
none
Zero Fee on Platinum Card and Citibank Plus Transaction Account.
Receive $3,000 cashback for new lending between $350,000 and $750,000 or $4,000 cashback for loan amounts of $750,000 or more for applications submitted by 28 February 2021 and settled by 30 April 2021.
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.
Really unhappy about the transaction fees.
Read full reviewReally unhappy about the transaction fees.
The personal at Citibank were not very interested in me due to me being on a disability pension after a work problem. Even though I told them I was keen to return to work as I could not survive on the pension they were not interested at all in helping me in any way. The other factor was the person on the phone did not speak English very well (Indian language) and was hard to understand. Basically the end result was "speak to us when you have a job" Sure people who find themselves in this situation or even pensioners are entitled to try and improve their financial situation. This is a type of discrimination. Even going to a lower interest credit card was not posible due to being on disability pension so I could save some money. The card I currently use has a percentage rate of 21% for cash advance and I think 18.9% interest daily. Also they charge $10 per day for each day you have gone past the payment date.
Read full reviewThe personal at Citibank were not very interested in me due to me being on a disability pension after a work problem. Even though I told them I was keen to return to work as I could not survive on the pension they were not interested at all in helping me in any way. The other factor was the person on the phone did not speak English very well (Indian language) and was hard to understand. Basically the end result was "speak to us when you have a job" Sure people who find themselves in this situation or even pensioners are entitled to try and improve their financial situation. This is a type of discrimination. Even going to a lower interest credit card was not posible due to being on disability pension so I could save some money. The card I currently use has a percentage rate of 21% for cash advance and I think 18.9% interest daily. Also they charge $10 per day for each day you have gone past the payment date.
They are only a phone call away and can fix most things over the phone. Replacement cards arrive very quickly and all is very DIY which I like. They are never first to put interest rates up.
Read full reviewThey are only a phone call away and can fix most things over the phone. Replacement cards arrive very quickly and all is very DIY which I like. They are never first to put interest rates up.
Poor Service but decent product, choose only if you have limited choice and do not want to go with the big 4 banks
Read full reviewPoor Service but decent product, choose only if you have limited choice and do not want to go with the big 4 banks
Citi is the consumer banking arm of Citigroup, one of the world's biggest financial institutions. Citi was the first foreign bank to be granted a banking licence to operate in Australia. Citi is now the largest international bank in the country, serving millions of Australians with credit cards, mortgages, deposit accounts, charge cards and more.
See Citi home loans
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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.
