--- title: "AFG Alpha Basic Home Loan — AFG Home Loans Alpha" description: "Home Loans from AFG Home Loans Alpha. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/afg-home-loans-alpha/products/caca2557-9a23-4a8a-9648-09699d765a3c source: "CDR Compare" language: en-AU last_updated: 2026-08-27T19:11:35+10:00 --- # AFG Alpha Basic Home Loan — AFG Home Loans Alpha > Home Loans from AFG Home Loans Alpha. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Home Loans** For customers looking for a simple, no frills home loan with low upfront fees and no ongoing fees (MSF). ## At a glance - **From (owner occupied):** 6.09% (6.11% comparison) ## Interest rates ### Owner occupied — Principal & interest | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 6.09% | 6.11% | LVR ≤50% | | Variable | 6.09% | 6.11% | LVR 50.01–60% | | Variable | 6.14% | 6.16% | LVR 60.01–70% | | Variable | 6.29% | 6.31% | LVR 70.01–80% | | Fixed · 1 year | 6.49% | 6.33% | LVR ≤80% | | Fixed · 3 years | 6.49% | 6.37% | LVR ≤80% | | Fixed · 2 years | 6.54% | 6.36% | LVR ≤80% | | Fixed · 4 years | 6.54% | 6.4% | LVR ≤80% | | Fixed · 5 years | 6.54% | 6.42% | LVR ≤80% | ### Owner occupied — Interest only | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Fixed · 1 year | 6.99% | 6.38% | LVR ≤80% | | Fixed · 3 years | 6.99% | 6.51% | LVR ≤80% | | Fixed · 2 years | 7.04% | 6.46% | LVR ≤80% | | Fixed · 4 years | 7.04% | 6.58% | LVR ≤80% | | Fixed · 5 years | 7.04% | 6.63% | LVR ≤80% | | Variable | 7.33% | 6.76% | LVR ≤80% | ### Investment — Principal & interest | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 6.24% | 6.26% | LVR ≤50% | | Variable | 6.24% | 6.26% | LVR 50.01–60% | | Variable | 6.29% | 6.31% | LVR 60.01–70% | | Variable | 6.39% | 6.41% | LVR 70.01–80% | | Fixed · 1 year | 6.64% | 6.44% | LVR ≤80% | | Fixed · 3 years | 6.64% | 6.48% | LVR ≤80% | | Fixed · 2 years | 6.69% | 6.47% | LVR ≤80% | | Fixed · 4 years | 6.69% | 6.52% | LVR ≤80% | | Fixed · 5 years | 6.69% | 6.54% | LVR ≤80% | ### Investment — Interest only | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 6.44% | 6.34% | LVR ≤50% | | Variable | 6.44% | 6.34% | LVR 50.01–60% | | Variable | 6.54% | 6.41% | LVR 60.01–70% | | Variable | 6.64% | 6.51% | LVR 70.01–80% | | Fixed · 1 year | 6.74% | 6.44% | LVR ≤80% | | Fixed · 3 years | 6.74% | 6.51% | LVR ≤80% | | Fixed · 2 years | 6.79% | 6.49% | LVR ≤80% | | Fixed · 4 years | 6.79% | 6.55% | LVR ≤80% | | Fixed · 5 years | 6.79% | 6.58% | LVR ≤80% | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Online Redraw Fee — Charged when completing a redraw online | Event | $0.00 | | Manual Redraw Fee — Payable each time we agree to a redraw request you make otherwise than through Bendigo e-banking | Event | $0.00 | | Break Cost Fee — Payable each time any of the following Break Events occur during a Fixed Rate Period: • at your request, we agree to change the Annual Percentage Rate under your Contract; • you repay your Loan Account balance in full; or • you make an additional repayment (by repaying more than your required repayments under your Contract) where the total of all additional repayments you have made since the start of the Fixed Rate Period or, if later, the anniversary of that date, that exceeds $20,000.00. | Other | From $0.00 | | Discharge Administration Fee | Exit | $350.00 | | Security Processing Fee | Upfront | $199.00 | | Variation Fee | Event | $250.00 | | Default Fee | Event | $35.00 | | Duplicate Fee | Event | $16.50 | | Bank Cheque Fee | Event | $10.00 | | Monthly Admin Fee — Charged monthly · This fee is charged to cover the regular administration and servicing required for your loan | Ongoing | $0.00 | ## Features - **Redraw facility** (Manual & Online redraw available ) - **Monthly repayments only** - **Extra repayments** (Unlimited additional repayments if variable, Max $20,000 per fixed term year without penalty. ) - **Split Loans ** ## Eligibility - **Minimum age** — 18 years - **Credit and Lending Criteria, Fees and Charges Apply** ## Constraints - **Minimum limit** — $5,000.00 - **Maximum LVR** — 80% ## More information from AFG Home Loans Alpha - [Overview](https://www.bendigobank.com.au/partner/afg-home-loans-alpha/features/) - [Terms & conditions](https://www.bendigobank.com.au/partner/afg-home-loans-alpha/disclosure-documents/) ## Data provenance - Published by AFG Home Loans Alpha under the Consumer Data Right - Product ID: `caca2557-9a23-4a8a-9648-09699d765a3c` - Last updated by the provider: 27 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/afg-home-loans-alpha/caca2557-9a23-4a8a-9648-09699d765a3c - Provider page: https://www.cdrcompare.au/brands/afg-home-loans-alpha - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000461 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/afg-home-loans-alpha/products/caca2557-9a23-4a8a-9648-09699d765a3c) — product data published by Australian data holders under the Consumer Data Right. 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