BASIC HOME LOAN
A home loan with a competitive variable interest rate and no monthly fees. Suitable for customers who don't require the benefits of an offset account.
- From (owner occupied)
- 6.09%
- 6.12% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.09% | 6.12% | Basic Home Loan up to 60% |
| Variable | 6.09% | 6.12% | Basic Home Loan 60.01% - 70% |
| Variable | 6.09% | 6.12% | Basic Home Loan 70.01% - 80% |
| Variable | 6.39% | 6.43% | Basic Home Loan 80.01% to 90% |
Investment — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.24% | 6.27% |
Fees
| Fee | Type | Amount |
|---|---|---|
| ESTABLISHMENT_FEE_-_BASIC_HOME_LOAN To cover our costs associated with establishing your loan | Upfront | $300.00 |
| PRINCIPAL_INCREASE_FEE_-_HOME_LOAN Payable when we process your request to increase the principal amount of your loan. Waived for Freedom Package loans | Event | $300.00 |
| PROGRESS_PAYMENT_FEE Payable on the first drawdown after settlement to cover the administration costs of progress payments for your construction or home renovation | Event | $450.00 |
| SETTLEMENT_FEE Payable when we process the settlement of your loan. Waived for Freedom Package loans | Event | $100.00 |
| VALUATION_FEE_-_NEW_LOANS_&_LOAN_INCREASES Initial Valuation Fee included in Establishment Fee up to $300 (total per application). Initial Valuation Fee included in Package Fee up to $400 (total per application), subsequent Valuation Fees (eg. additional loans) included in Package Fee up to $300 (total per application). | Cash advance | Variable |
| LENDERS_MORTGAGE_INSURANCE_PREMIUM Premium varies according to the amount borrowed and the valuation of the secured property/s - an estimate will be provided after the security valuation is received |
Features
- Redraw facility
- Bill payment (BPAY) — BPAY
- Real-time payments (NPP)
- PayID
- Extra repayments
Eligibility
- Minimum age — 18 years
- Maximum age — 75 years
- Individuals onlyAvailable for personal use only.
Constraints
- Maximum balance — $3,500,000.00
- Minimum balance — $50,000.00
- Maximum LVR — 90%LVR up to 90% for Owner Occupied loans. LVR up to 90% for Investment loans
More Information
Published by Auswide Bank Ltd under the Consumer Data Right · Last updated 13 May 2026 · Product ID 524add2a-ea86-4639-b084-abde1082801e · View on CDR.gov.au · View Source Data (JSON)