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Home Loan With No-Fuss

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The First Rate Home Loan is a no-fuss low variable interest rate loan that comes with great benefits and flexible repayment options, allowing you to manage your mortgage as you choose.

  • NO monthly account keeping fees
  • UNLIMITED redraw facility available
  • FLEXIBLE repayment options at no extra cost
  • NO early repayment penalties 

From
3.99% pa Special Variable Rate1

   
4.05% pa Comparison rate2

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All displayed interest rates for Owner Occupied loans only. Investment rates available by clicking here




First Rate Home Loan Variable Special - Owner Occupied
Interest Rates
Variable Interest Rate3.99% pa
Comparison Rate4.05% pa
Fees
Annual feeNo
Annual Fee$0 
Establishment Fee$863 
Legal FeesAt cost
Valuation FeesAt cost
Features
Redraw FacilityUnlimited Free Redraw 
Offset AccountNo 
Additional Repayments AcceptedYes 
Additional Repayments Fee$0 
Loan periodUp to 30 years
RepaymentsMonthly Fortnightly Weekly
Top up facility availableMin $10,000
Auto repayments salary/accountYes
FREE monthly transactions13
Annual fee on Visa Credit CardYes
Access to Premium Rate for personal loansNo 
Loan Repayment Insurance AvailableYes
Switching fee to Fixed RateYes
Bonus rate on Term DepositsNo
Repayment HolidayYes
Variable and lump sum repaymentsYes



Eligibility criteria, terms and conditions, fees and charges apply. Interest rates are current as at 1/1/2019 and are subject to change without notice.

1. Interest rate current as at 11/09/2018 and are subject to change without notice. Only available for new home loans and refinances from competitors. Minimum home loan amount $150,000. Not available for top-ups or internal product switches.

2. Comparison rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.