Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
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Owner Occupier | Principal & Interest | < 90% | $40,000 | |
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Owner Occupier | Interest Only | < 90% | $40,000 | |
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Investor | Principal & Interest | < 90% | $40,000 | |
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Investor | Interest Only | < 90% | $40,000 |
Like the idea of locking in a low fixed rate for a few years? With competitive fixed rates across different terms, plus useful features like extra repayments and redraws, the Great Rate Home Loan (Fixed) from Greater Bank could be the answer. And if you need more convincing, you'll love to know that the Great Rate Home Loan (Fixed) comes with a $2,000 cashback offer for loans more than/or equal to $250,000 with LVR <80%, or $2,500 cashback for loans more than/or equal to $500,000 with LVR <80% (applications submitted from 01/06/2024 and funded within 90 days from approval).
The Greater Bank Great Rate Home Loan (Fixed) comes with a range of fixed rate options for both investors and owner occupiers which will depend on the size of the loan amount you're looking to borrow, the loan-to-value ratio (LVR), and whether or not you’ll be making principal and interest or interest-only repayments.
Owner occupiers making principal and interest repayments will be able to grab fixed rates as low as 5.79% p.a. (7.26% p.a. comparison rate*) for a 3-year term, while investors making principal and interest repayments will can access fixed rates from 5.89% p.a. (7.55% p.a. comparison rate*) for a 3-year term.
The Great Rate Home Loan (Fixed) also comes complete with some flexible features, including the option for borrowers to make extra repayments towards their loan balance (fees apply) and to dip into those extra repayments through the online redraw facility.
When it comes to other costs, there are a few fees worth mentioning. These include a $180 settlement fee and a $300 discharge fee, plus legal fees are charged at cost. However, there's no ongoing service fee to worry about!
This loan also comes with a $2,000 cashback offer for loans more than/or equal to $250,000 with LVR <80%, or $2,500 cashback for loans more than/or equal to $500,000 with LVR <80% (applications submitted from 01/06/2024 and funded within 90 days from approval).
Borrowers wanting to lock in some repayment stability with a competitive fixed rate could find Greater Bank’s Great Rate Home Loan (Fixed) offer a handy match, especially if they’re looking to keep costs down further by avoiding ongoing fees.
Just bear in mind that this loan doesn’t come with an offset account, so if that’s a feature you can’t go without then you may be better off looking at Greater Bank’s Ultimate Home Loan (Fixed, Package) instead.
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n/a |
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n/a |
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n/a |
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n/a |
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5.99% (7.67%*) |
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5.89% (7.47%*) |
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5.79% (7.27%*) |
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5.84% (7.12%*) |
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5.84% (6.98%*) |
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n/a |
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n/a |
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7.86% p.a. |
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$0.00 |
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n/a |
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$0.00 |
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$180.00 |
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n/a |
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$0.00 |
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$300.00 |
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$40,000 |
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none |
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none |
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90.00% |
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Weekly, Fortnightly, Monthly |
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yes - fee applies |
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none |
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yes - free |
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$0.00 |
|
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yes |
|
|
no |
|
|
Legal fees charged at cost. |
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none |
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$2,000 cashback for loans more than of equal to $250,000 with LVR <80%, or $2,500 cashback for loans more than or equal to $500,000 with LVR <80%. Applications from 1 June 2024, loan must be drawn down within 90 days from approval. |
^See information about the Mozo Expert Choice Home Loans Awards
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.
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n/a |
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n/a |
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n/a |
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n/a |
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6.09% (7.77%*) |
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5.99% (7.57%*) |
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5.89% (7.37%*) |
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5.94% (7.22%*) |
|
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5.94% (7.07%*) |
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n/a |
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n/a |
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7.96% p.a. |
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$0.00 |
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n/a |
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$0.00 |
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$180.00 |
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n/a |
|
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$0.00 |
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$300.00 |
|
$40,000 |
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none |
|
|
none |
|
|
90.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - fee applies |
|
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none |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
no |
|
|
Legal fees charged at cost. |
|
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none |
|
|
$2,000 cashback for loans more than of equal to $250,000 with LVR <80%, or $2,500 cashback for loans more than or equal to $500,000 with LVR <80%. Applications from 1 June 2024, loan must be drawn down within 90 days from approval. |
^See information about the Mozo Expert Choice Home Loans Awards
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.
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n/a |
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n/a |
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n/a |
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n/a |
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6.09% (8.02%*) |
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5.99% (7.79%*) |
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5.89% (7.56%*) |
|
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5.94% (7.39%*) |
|
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5.94% (7.22%*) |
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n/a |
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n/a |
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8.24% p.a. |
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$0.00 |
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n/a |
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$0.00 |
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$180.00 |
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n/a |
|
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$0.00 |
|
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$300.00 |
|
$40,000 |
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none |
|
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none |
|
|
90.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - fee applies |
|
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none |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
no |
|
|
Legal fees charged at cost. |
|
|
none |
|
|
$2,000 cashback for loans more than of equal to $250,000 with LVR <80%, or $2,500 cashback for loans more than or equal to $500,000 with LVR <80%. Applications from 1 June 2024, loan must be drawn down within 90 days from approval. |
^See information about the Mozo Expert Choice Home Loans Awards
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.
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n/a |
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n/a |
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n/a |
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n/a |
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6.19% (8.12%*) |
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6.09% (7.88%*) |
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5.99% (7.66%*) |
|
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6.04% (7.49%*) |
|
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6.04% (7.32%*) |
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n/a |
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n/a |
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8.34% p.a. |
|
$0.00 |
|
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n/a |
|
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$0.00 |
|
|
$180.00 |
|
|
n/a |
|
|
$0.00 |
|
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$300.00 |
|
$40,000 |
|
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none |
|
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none |
|
|
90.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - fee applies |
|
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none |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
no |
|
|
Legal fees charged at cost. |
|
|
none |
|
|
$2,000 cashback for loans more than of equal to $250,000 with LVR <80%, or $2,500 cashback for loans more than or equal to $500,000 with LVR <80%. Applications from 1 June 2024, loan must be drawn down within 90 days from approval. |
^See information about the Mozo Expert Choice Home Loans Awards
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.
Great loan, great bank, great customer service.
Read full reviewGreat loan, great bank, great customer service.
Great customer service, banks in all capital cities, internet banking easy to navigate.
Read full reviewGreat customer service, banks in all capital cities, internet banking easy to navigate.
Excellent customer service, reliable products and good rates and with low fees.
Read full reviewExcellent customer service, reliable products and good rates and with low fees.
Best bank manager with the best advice - lifetime quality service.
Read full reviewBest bank manager with the best advice - lifetime quality service.
customer for over 10years and no consideration was given to make allowances for a long term customer where circumstances have changed. A penalty charge for paying over my normal rate was more important than keeping a loyal customer. They are no different than any other money hungry organisation
Read full reviewcustomer for over 10years and no consideration was given to make allowances for a long term customer where circumstances have changed. A penalty charge for paying over my normal rate was more important than keeping a loyal customer. They are no different than any other money hungry organisation
Great Rate Home Loan
6.04% p.a. variable
6.06% p.a.
Home Value Loan
6.14% p.a. variable
6.14% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Great Rate Home Loan
6.04% p.a. variable
6.06% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
Great Rate Home Loan
6.04% p.a.
6.06% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Fixed Rate Loan
6.09% p.a.
fixed 3 years
6.15% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Express Home Loan (Fixed)
6.54% p.a.
fixed 3 years
6.38% 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.
