CLASSIC HOME LOAN VARIABLE <60 LVR IO
CLASSIC HOME LOAN VARIABLE <60 LVR IO
- From (owner occupied)
- 6.44%
- 6.15% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The comparison rate is calculated on the basis of a secured loan of $150,000 over a term of 25 years. | 6.44% | 6.15% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| ACCOUNT_KEEPING_FEE | Ongoing | $12.00 |
| ADDITIONAL_REDRAW_FEE Payable in respect of each redraw in a month after the first free redraw | Event | $20.00 |
| ARREARS_FEE For loans in arrears two month or more | Ongoing | $25.00 |
| BANK_CHEQUE_FEE Payable for each cheque from a Bank (other than Cairns Bank) you request | Event | $12.00 |
| CORPORATE_CHEQUE | Event | $10.00 |
| DISCHARGE_PREPARATION_FEE When the balance is repaid in full and a Form 3 is prepared | Event | $60.00 |
| DISCHARGE_SETTLEMENT_FEE When required to attend at settlement | Event | $100.00 |
| ESTABLISHMENT_FEE-LOAN_ESTABLISHMENT_FEE |
Features
- Redraw facility
- Minimum redraw is $1,000
- Extra repayments
- Maximum advance amount in redraw is capped at $50,000.
Eligibility
- Individuals only
- Minimum age — 18 years
- Residency status — AUSTRALIAN CITIZEN
Constraints
- Minimum limit — $50,000.00Eligible minimum loan amount is $50,000
- Maximum limit — $2,000,000.00Eligible maximum loan amount is $2,000,000
- Maximum balance — $50,000.00Maximum advance amount in redraw is capped at $50,000
More Information
Published by Cairns bank under the Consumer Data Right · Last updated 4 June 2026 · Product ID L21_CLASSIC_IO_60 · View on CDR.gov.au