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 | < 80% | $10,000 | $5,000,000 |
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Owner Occupier | Principal & Interest | < 95% | $10,000 | $5,000,000 |
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Owner Occupier | Interest Only | < 90% | $10,000 | $5,000,000 |
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Investor | Principal & Interest | < 90% | $10,000 | $5,000,000 |
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Investor | Interest Only | < 90% | $10,000 | $5,000,000 |
With the ability to fix rates for 1, 2, 3, 4 or even 5 years and the option to choose between making repayments weekly, fortnightly or monthly, IMB’s Fixed Home Loan is more than a little flexible. Fixed rates start competitively low at 5.99% p.a. (6.34% p.a. comparison rate*) for two years and you can make free additional repayments for up to 12 months.
Want to give yourself a head start on your home loan with a low fixed interest rate? If yes, you might want to check out IMB Bank’s competitively low fixed home loan rates. One year rates start as low as 6.19% p.a. (6.17% p.a. comparison rate*) for a $150,000 owner-occupier loan with principal and interest repayments.
With this loan you can borrow from as little as $10,000 to as much as $5 million and even put down a deposit as little as 5%. Just be mindful that any deposit less than 20% will incur Lenders Mortgage Insurance. Plus if flexibility is key for you, then you’ll be happy to hear that you can choose to make repayments weekly, fortnightly or monthly.
Keen to take advantage of some extra features? Well the good news is that IMB Bank’s Fixed Home Loan comes with quite a few, including the ability to make up to 12 months worth of additional repayments in advance, without being charged a fee. There is also a free redraw facility available (minimum redraw $500) and the option to split your loan into multiple accounts with fixed and variable interest rates. This last feature can be a good way to both benefit from the security that comes with a fixed rate and possibly reduce your repayments with a lower variable rate.
Of course, as with a number of home loans there are a few things to keep in mind before you sign on the dotted line. The loan comes with a $6 monthly service fee during the fixed period of the loan, not to mention the $449 application fee.
Cashback Offer: If you apply from 1 March 2024 to refinance a loan at or above $500,000 with an LVR of <80%, you can get cashback of $2,000 (T&Cs apply).
This home loan would be good for someone who is not only looking for a more secure, competitively low fixed home loan rate, but who is also keen to take advantage of a few handy extra features.
There is a $6 monthly service fee to pay for the duration of the fixed rate period and a hefty $449 application fee.
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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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6.29% (6.46%*) |
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5.99% (6.40%*) |
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5.99% (6.37%*) |
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6.09% (6.38%*) |
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6.09% (6.36%*) |
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n/a |
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n/a |
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6.34% p.a. |
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$449.00 |
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$350.00 |
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n/a |
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n/a |
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n/a |
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$6.00 monthly |
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$350.00 |
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$10,000 |
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$5,000,000 |
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none |
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80.00% |
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Weekly, Fortnightly, Monthly |
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yes - free up to 1 year in advance |
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no |
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yes - free |
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$500.00 |
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yes |
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no |
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Monthly fee only applies to fixed period of loan. |
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none |
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$2,000 cashback for loans $500,000 and above with maximum <80% LVR and settle within 90 days. |
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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6.44% (6.48%*) |
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6.14% (6.43%*) |
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6.14% (6.41%*) |
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6.24% (6.43%*) |
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6.24% (6.42%*) |
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n/a |
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n/a |
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6.34% p.a. |
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$449.00 |
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$350.00 |
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n/a |
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n/a |
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n/a |
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$6.00 monthly |
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$350.00 |
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$10,000 |
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$5,000,000 |
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none |
|
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95.00% |
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Weekly, Fortnightly, Monthly |
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yes - free up to 1 year in advance |
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no |
|
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yes - free |
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$500.00 |
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yes |
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no |
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Monthly fee only applies to fixed period of loan. |
|
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none |
|
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$2,000 cashback for loans $500,000 and above with maximum <80% LVR and settle within 90 days. |
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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6.39% (6.47%*) |
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6.24% (6.45%*) |
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6.34% (6.47%*) |
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6.49% (6.52%*) |
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6.49% (6.53%*) |
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n/a |
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n/a |
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6.34% p.a. |
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$449.00 |
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$350.00 |
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n/a |
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n/a |
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n/a |
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$6.00 monthly |
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$350.00 |
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$10,000 |
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$5,000,000 |
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none |
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90.00% |
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Weekly, Fortnightly, Monthly |
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yes - free up to 1 year in advance |
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no |
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yes - free |
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$500.00 |
|
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yes |
|
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no |
|
|
Monthly fee only applies to fixed period of loan. |
|
|
none |
|
|
$2,000 cashback for loans $500,000 and above with maximum <80% LVR and settle within 90 days. |
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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6.39% (6.98%*) |
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n/a |
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6.29% (6.86%*) |
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n/a |
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6.24% (6.74%*) |
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n/a |
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n/a |
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6.91% p.a. |
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$449.00 |
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$350.00 |
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n/a |
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n/a |
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n/a |
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$6.00 monthly |
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$350.00 |
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$10,000 |
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$5,000,000 |
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none |
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90.00% |
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Weekly, Fortnightly, Monthly |
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yes - free up to 1 year in advance |
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no |
|
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yes - free |
|
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$500.00 |
|
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yes |
|
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no |
|
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Monthly fee only applies to fixed period of loan. |
|
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none |
|
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$2,000 cashback for loans $500,000 and above with maximum <80% LVR and settle within 90 days. |
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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6.49% (6.99%*) |
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n/a |
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6.39% (6.89%*) |
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n/a |
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6.49% (6.85%*) |
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n/a |
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n/a |
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6.91% p.a. |
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$449.00 |
|
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$350.00 |
|
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n/a |
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n/a |
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n/a |
|
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$6.00 monthly |
|
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$350.00 |
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$10,000 |
|
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$5,000,000 |
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none |
|
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90.00% |
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Weekly, Fortnightly, Monthly |
|
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yes - free up to 1 year in advance |
|
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no |
|
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yes - free |
|
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$500.00 |
|
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yes |
|
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no |
|
|
Monthly fee only applies to fixed period of loan. |
|
|
none |
|
|
$2,000 cashback for loans $500,000 and above with maximum <80% LVR and settle within 90 days. |
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 service is key at IMB. My bank manager is great, the open communication is outstanding and I plan to continue using IMB due to their reliability and integrity.
Read full reviewCustomer service is key at IMB. My bank manager is great, the open communication is outstanding and I plan to continue using IMB due to their reliability and integrity.
Changed to IMB. Fantastic service, great rates and features. Highly recommend to any that are looking to refinance.
Read full reviewChanged to IMB. Fantastic service, great rates and features. Highly recommend to any that are looking to refinance.
As far as banks go, it would take a very good offer to make me change to another provider.
Read full reviewAs far as banks go, it would take a very good offer to make me change to another provider.
The main pro of our home loan with IMB is our mortgage consultant. He's a mobile lender and is always on call. When queried, he gives us the most accurate and up-to-date information needed to make us at ease with any of our financial concerns. Being mobile comes in handy since the main con is that there are limited branches of this building society.
Read full reviewThe main pro of our home loan with IMB is our mortgage consultant. He's a mobile lender and is always on call. When queried, he gives us the most accurate and up-to-date information needed to make us at ease with any of our financial concerns. Being mobile comes in handy since the main con is that there are limited branches of this building society.
They look after me.
Read full review
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% 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.
