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Gateway Bank Commercial Loan

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The details shown below are for the Commercial Property Loan (Owner Tenant) with a minimum amount of $250,000 and a maximum amount of $4,000,000

The details shown below are for the Commercial Plus Property Loan (Owner Tenant) with a minimum amount of $4,000,000 and a maximum amount of $10,000,000

Choose the version of this loan that suits you best

  • Loan: $250,000 $4,000,000

  • Loan: $4,000,000 $10,000,000

Interest rate
4.04% p.a. Rate for Owner Tenant loan, <70% LVR.
Security type
Property Secured
Upfront fee
$1,500 for loans up to $750k, and 0.40% of total amount applied for over $750k.
Interest rate
4.29% p.a. Rate for Owner Tenant loan, <70% LVR.
Security type
Property Secured
Upfront fee
0.40% of total loan amount

Details

Rates and fees information correct as at 14 August 2022. 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

variable/fixed

4.04% p.a.Rate for Owner Tenant loan, <70% LVR.

n/a

n/a

6.84% p.a.

n/a

n/a

n/a

n/a

Fees

$1,500 for loans up to $750k, and 0.40% of total amount applied for over $750k.

$25 monthly fee

n/a

$300

1% (if loan is paid out in full within the first 3 years)

n/a

Features

Weekly, Fortnightly, Monthly

Principal & Interest

Unlimited additional repayments for Variable rates only.

Yes on variable rate loans only. Minimum redraw amount $10,000.

no

no

0.10% interest rate discount for LVRs up to 60%.

none

Example cost figure provides indicative minimum total repayments over 6 months on a $10,000 loan. Actual costs will vary depending on individual risk score as assessed by the lender.

Details

Rates and fees information correct as at 14 August 2022. 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

variable/fixed

4.29% p.a.Rate for Owner Tenant loan, <70% LVR.

n/a

n/a

7.09% p.a.

n/a

n/a

n/a

n/a

Fees

0.40% of total loan amount

$25 monthly fee

n/a

$300

1% (if loan is paid out in full within the first 3 years)

n/a

Features

Weekly, Fortnightly, Monthly

Principal & Interest

Unlimited additional repayments for Variable rates only.

Yes on variable rate loans only. Minimum redraw amount $10,000.

no

no

0.10% interest rate discount for LVRs up to 60%. Cash out available up to the lesser amount of $100,000 or 25% of total loan amount.

none

Example cost figure provides indicative minimum total repayments over 6 months on a $10,000 loan. Actual costs will vary depending on individual risk score as assessed by the lender.

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