Greater Bank Great Rate Home Loan (Fixed)

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $40,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $40,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan of at least $40,000 with an LVR below 95%

The details shown below are for an investor taking out a interest only loan of at least $40,000 with an LVR below 85%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 90%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $40,000

  • Owner Occupier (Interest Only)

    LVR < 95%

    Loan: $40,000

  • Investor (Principal & Interest)

    LVR < 95%

    Loan: $40,000

  • Investor (Interest Only)

    LVR < 85%

    Loan: $40,000

3.74% p.a.

4.27% p.a.

$0.00

Greater Bank Great Rate Home Loan (Fixed)

3.74% p.a.

4.27% p.a.

$0.00

3.84% p.a.

4.37% p.a.

$0.00

Greater Bank Great Rate Home Loan (Fixed)

3.84% p.a.

4.37% p.a.

$0.00

3.94% p.a.

4.32% p.a.

$0.00

Greater Bank Great Rate Home Loan (Fixed)

3.94% p.a.

4.32% p.a.

$0.00

4.04% p.a.

4.42% p.a.

$0.00

Greater Bank Great Rate Home Loan (Fixed)

4.04% p.a.

4.42% p.a.

$0.00

4.09% p.a.

4.57% p.a.

$0.00

Greater Bank Great Rate Home Loan (Fixed)

4.09% p.a.

4.57% p.a.

$0.00

4.19% p.a.

4.67% p.a.

$0.00

Greater Bank Great Rate Home Loan (Fixed)

4.19% p.a.

4.67% p.a.

$0.00

Mozo Review   Greater Bank Great Rate Home Loan (Fixed) Review

Last updated: 15 March 2019.

What's hot:
  • 3.74% (4.27% comparison rate*) three year fixed rate

  • No upfront or ongoing fees

  • Extra repayments and redraw facility

What's not:
  • $300 discharge fee

Mozo snapshot:

Like the idea of locking in a low fixed rate for the early part of your home loan? With competitive fixed rate deals on 1-5 year terms Greater Bank’s Great Rate Home Loan (Fixed) could be the answer, plus borrowers won’t need to fork over any upfront or ongoing services fees and they’ll even be able to make extra repayments and make use of an online redraw facility.

Key features:

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 your (LVR), your loan amount and whether 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 3.49% (4.37% comparison rate*) for a one year term, while investors making principal and interest repayments will can access one year fixed rates from 3.94% (4.66% comparison rate*).

One of the other great attribute of the loan is its lack of upfront and ongoing fees. That means Greater Bank borrowers won’t have to pay any application, legal, valuation or settlement fees, nor any ongoing service fees. The only cost you’ll need to worry about is a $300 discharge fee once your ready to pay out your loan in full.

The Great Rate Home Loan (Fixed) also comes complete with some flexible features, including the option for borrowers to make extra repayments on their loan (fees may apply) and to dip into those extra repayments through the free online redraw facility.

Who it's good for:

Borrowers wanting repayment stability at the start of their loan could find Greater Bank’s Great Rate Home Loan (Fixed) offer a handy match, especially if they’re looking to keep costs down and avoid any high upfront or ongoing fees.

Any catches?

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.

Details

Rates and fees information correct as at 20 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.49% (4.37%*)

  • 3.74% (4.33%*)

  • 3.74% (4.27%*)

  • 3.74% (4.22%*)

  • 3.74% (4.17%*)

  • (*)

  • (*)

  • 4.45% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - fee applies

  • none

  • yes

  • $0.00

  • yes

  • no

  • none

  • 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.

Details

Rates and fees information correct as at 20 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.59% (4.47%*)

  • 3.84% (4.43%*)

  • 3.84% (4.37%*)

  • 3.84% (4.32%*)

  • 3.84% (4.27%*)

  • (*)

  • (*)

  • 4.55% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $300.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - fee applies

  • none

  • yes

  • $0.00

  • yes

  • no

  • none

  • 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.

Details

Rates and fees information correct as at 20 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.69% (4.39%*)

  • 3.94% (4.36%*)

  • 3.94% (4.32%*)

  • 3.94% (4.28%*)

  • 3.94% (4.25%*)

  • (*)

  • (*)

  • 4.45% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $300.00

Other financial bits
  • $40,000

  • none

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - fee applies

  • none

  • yes

  • $0.00

  • yes

  • no

  • none

  • 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.

Details

Rates and fees information correct as at 20 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.79% (4.48%*)

  • 4.04% (4.46%*)

  • 4.04% (4.42%*)

  • 4.04% (4.38%*)

  • 4.04% (4.35%*)

  • (*)

  • (*)

  • 4.55% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $300.00

Other financial bits
  • $40,000

  • none

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - fee applies

  • none

  • yes

  • $0.00

  • yes

  • no

  • none

  • 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.

Details

Rates and fees information correct as at 20 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.94% (4.66%*)

  • 3.99% (4.60%*)

  • 4.09% (4.57%*)

  • 4.09% (4.52%*)

  • 4.09% (4.47%*)

  • (*)

  • (*)

  • 4.73% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $300.00

Other financial bits
  • $40,000

  • none

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - fee applies

  • none

  • yes

  • $0.00

  • yes

  • no

  • none

  • 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.

Details

Rates and fees information correct as at 20 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.04% (4.76%*)

  • 4.09% (4.70%*)

  • 4.19% (4.67%*)

  • 4.19% (4.62%*)

  • 4.19% (4.57%*)

  • (*)

  • (*)

  • 4.83% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $300.00

Other financial bits
  • $40,000

  • none

  • none

  • 85.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - fee applies

  • none

  • yes

  • $0.00

  • yes

  • no

  • none

  • 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.

Customer Reviews

How are Greater Bank home loans rated by the Mozo community?

Overall customer rating
8.7/10
Price
8.3/10
Features
7.9/10
Customer service
8.8/10
Convenience
8.8/10
Trust
8.7/10

Latest reviews of Greater Bank Great Rate Home Loan (Fixed)

  • Overall
    10/10
    Best bank manager with the best advice - lifetime

    Best bank manager with the best advice - lifetime quality service.

    Best bank manager with the best advice - lifetime quality service.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Vanessa | New South Wales

    reviewed over 3 years ago

  • Overall
    3/10
    poor customer service

    customer for over 10years and no consideration was given to make allowances for a long term...

    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

    Price
    5/10
    Features
    3/10
    Customer service
    1/10
    Convenience
    7/10
    Trust
    1/10

    Chris | New South Wales

    reviewed about 4 years ago

  • Overall
    9/10
    Fee-free linked account

    Always helpful. Provision of fee-free access account.

    Always helpful. Provision of fee-free access account.

    Price
    7/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    9/10

    Name not supplied | New South Wales

    reviewed over 5 years ago

  • Overall
    10/10
    Great customer service

    They are friendly. Easy to get loans in 24 hours. Just a great all round building society that's...

    They are friendly. Easy to get loans in 24 hours. Just a great all round building society that's great to be with.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Lynette | New South Wales

    reviewed over 6 years ago

  • Overall
    -

    Great provider but rates could be better

    Great provider but rates could be better

    Price
    6/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    8/10

    Mark | New South Wales

    reviewed over 6 years ago

Greater Bank

About Greater Bank

Greater Bank offers a range of personal and business banking products around a quarter of a million customers in NSW and Queensland. Its products include savings and investment accounts, home loans, personal loans, credit cards, business banking, financial planning, travel money and insurance. Greater Bank is owned by its customers, not shareholders, and has a focus on providing great rates, low fees and superior service.

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