Home Loan With No-Fuss


The First Rate Home Loan is a variable interest rate loan with great benefits, like flexible repayment options and no monthly account keeping fees.

  • NO monthly account keeping fees
  • UNLIMITED redraw facility available
  • FLEXIBLE repayment options at no extra cost
  • NO early repayment penalties
  • 85% LVR now available to First Home Buyers
  • Only available for new home loans and refinances from competitors

3.55% pa Owner Occupied
Special Variable Rate1

3.60% 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 Rate3.55% pa
Comparison Rate3.60% pa
Annual feeNo
Annual Fee$0 
Establishment Fee$863 
Legal FeesAt cost
Valuation FeesAt cost
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.

1. Only available for new home loans and refinances from competitors. These rates are for secured loans only. Minimum home loan amount $150,000. Not available for top-ups or internal product switches.
2. The comparison rate is calculated based on secured loan amount of $150,000 over a term of 25 years. 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.