8.0/10

Based on 2261 Great Southern Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Great Southern Bank home loans

Since 1946, Great Southern Bank (formerly CUA) has been striving to offer Aussies a fair deal on their finances. Today, it offers financial and insurance products to over 500,000 Australians. Check out its great value home loan offers below.

What home loans do Great Southern Bank offer?

Rates and fees verified as correct at 8 October 2024. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

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.

Home loan repayments calculator

years

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

Variable Rate Home Loans

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. 

Home loan repayments calculator

years

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

Great Southern Bank home loan features in a glance

Free icon

No ongoing fees

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.

Repayment Icon

Additional repayments

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.

Schedule icon

Flexible repayment schedule

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. 

How are Great Southern Bank home loans rated?

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.

Icon of home-loans
Great Southern Bank home loans customer reviews
Overall
8.1/10
Price
7.9/10
Features
7.7/10
Customer service
8.2/10
Convenience
7.4/10
Trust
8.1/10
Based on 391 Great Southern Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Great Southern Bank home loan reviews

Great Southern Bank Basic Variable
Overall 10/10
Amazing Interest Rate

Cheapest interest rate on variable

Read full review

Cheapest interest rate on variable

Price
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
April, Victoria, reviewed 7 months ago
Great Southern Bank Home Loan
Overall 8/10
Greater Southern Bank - great Service

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 review

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.

Price
8/10
Features
8/10
Customer service
10/10
Convenience
6/10
Trust
8/10
Less
Rebecca, Queensland, reviewed 7 months ago
Great Southern Bank Home Loan
Overall 7/10
Easy

Been banking with Credit Unions for 30 plus years

Read full review

Been banking with Credit Unions for 30 plus years

Price
8/10
Features
8/10
Customer service
8/10
Convenience
7/10
Trust
7/10
Less
Av, Victoria, reviewed 6 months ago
Great Southern Bank Offset Variable
Overall 9/10
Pat

Easy to deal with customer service wise.

Read full review

Easy to deal with customer service wise.

Price
9/10
Features
10/10
Customer service
9/10
Convenience
10/10
Trust
10/10
Less
Patrick, New South Wales, reviewed 11 months ago
Great Southern Bank Home Loan
Overall 10/10
Competitive rates & personalised service!

Great Southern Bank's competitive rates, personalised service, and commitment to their customers, makes them the perfect trusted partner in homeownership!

Read full review

Great Southern Bank's competitive rates, personalised service, and commitment to their customers, makes them the perfect trusted partner in homeownership!

Price
7/10
Features
9/10
Customer service
10/10
Convenience
7/10
Trust
7/10
Less
Amorette, Victoria, reviewed over 1 year ago

What do you need to apply for a Great Southern Bank home loan?

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:

Home loan quick links