Great Southern Bank's fixed rate home loans are available to owner occupiers and investors with an LVR up to 95% for amounts between $10,000 and $5,000,000. These fixed rate loans provide you with the flexibility to make fee-free additional repayments (up to $30,000 during the fixed rate term) and access a free redraw facility. But remember, there are application and settlement fees to consider when going with a fixed rate home loan from Great Southern Bank.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.29% p.a. |
7.55% p.a. |
$0.00 |
$835 |
||
|
5.99% p.a. |
7.47% p.a. |
$0.00 |
$835 |
||
|
6.39% p.a. |
7.88% p.a. |
$0.00 |
$835 |
||
|
6.09% p.a. |
7.79% p.a. |
$0.00 |
$835 |
When you choose one of the variable rate home loan offers from Great Southern Bank, you’ll pay both a settlement and application fee, but in return, you’ll get a host of flexible features to help you save on your home loan, like unlimited free extra repayments, the ability to redraw funds and the use of an offset account (100% offset with the Accelerate Variable, partial offset with the Achieve Variable). You’ll also get the flexibility to choose between a principal and interest or an interest only loan, as well as pick between a weekly, fortnightly or monthly repayment schedule to suit your budget.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
7.44% p.a. |
6.83% p.a. |
|
$835 |
||
|
6.59% p.a. |
6.33% p.a. |
|
$835 |
||
|
6.94% p.a. |
6.47% p.a. |
|
$835 |
||
|
6.44% p.a. |
6.50% p.a. |
|
$835 |
||
|
6.14% p.a. |
6.20% p.a. |
|
$835 |
||
|
6.25% p.a. |
6.30% p.a. |
|
$835 |
||
|
6.94% p.a. |
7.00% p.a. |
|
$835 |
||
|
7.49% p.a. |
6.95% p.a. |
|
$835 |
||
|
6.94% p.a. |
6.25% p.a. |
|
$835 |
||
|
7.24% p.a. |
6.56% p.a. |
|
$835 |
||
|
6.59% p.a. |
6.65% p.a. |
|
$835 |
||
|
6.19% p.a. |
6.25% p.a. |
|
$835 |
||
|
6.29% p.a. |
6.35% p.a. |
|
$835 |
||
|
7.04% p.a. |
7.10% p.a. |
|
$835 |
||
|
7.04% p.a. |
6.88% p.a. |
|
$835 |
||
|
6.54% p.a. |
6.49% p.a. |
|
$835 |
||
|
6.64% p.a. |
6.56% p.a. |
|
$835 |
||
|
6.64% p.a. |
6.70% p.a. |
|
$835 |
||
|
6.34% p.a. |
6.40% p.a. |
|
$835 |
||
|
6.39% p.a. |
6.45% p.a. |
|
$835 |
||
|
7.14% p.a. |
6.98% p.a. |
|
$835 |
||
|
6.64% p.a. |
6.54% p.a. |
|
$835 |
||
|
6.74% p.a. |
6.63% p.a. |
|
$835 |
||
|
6.74% p.a. |
6.80% p.a. |
|
$835 |
||
|
6.35% p.a. |
6.41% p.a. |
|
$835 |
||
|
6.44% p.a. |
6.50% p.a. |
|
$835 |
You’ll pay no ongoing fees on a Great Southern Bank home loan. On the other hand, there are one-off settlement and application fees to budget for on each mortgage option.
No matter which Great Southern Bank home loan you opt for, you’ll have the ability to make extra repayments in order to pay off your mortgage faster and save on interest. Just remember that while additional payments on variable rate loans are unlimited, a $30,000 cap applies to the fixed rate options.
To make budgeting a little easier, opt for a Great Southern Bank variable rate home loan which allows you to choose between weekly, fortnightly or monthly repayments.
Mozo users have rated Great Southern Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Cheapest interest rate on variable
Read full reviewCheapest interest rate on variable
I have been with greater Southern Bank formally known as CUA, I find that they are always helpful, can assist with any enquirers and at times go above and beyond. I dislike the closure of physical branches as my closest is over an hour away.
Read full reviewI have been with greater Southern Bank formally known as CUA, I find that they are always helpful, can assist with any enquirers and at times go above and beyond. I dislike the closure of physical branches as my closest is over an hour away.
Been banking with Credit Unions for 30 plus years
Read full reviewBeen banking with Credit Unions for 30 plus years
Easy to deal with customer service wise.
Read full reviewEasy to deal with customer service wise.
Great Southern Bank's competitive rates, personalised service, and commitment to their customers, makes them the perfect trusted partner in homeownership!
Read full reviewGreat Southern Bank's competitive rates, personalised service, and commitment to their customers, makes them the perfect trusted partner in homeownership!
Ready to snag a Great Southern Bank home loan and make that cute little suburban cottage or sprawling waterside mansion yours? To apply, you’ll need to be over 18 years of age and a permanent resident of Australia. You’ll also need to supply information including: