---
title: "COMPLETE PACKAGE HOME LOAN — First Option Bank"
description: "Home Loans from First Option Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/first-option-bank/products/COMPLETE_PACKAGE_HOME_LOAN
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-15T15:57:13.000+10:00
---

# COMPLETE PACKAGE HOME LOAN — First Option Bank

> Home Loans from First Option Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans · FIRST OPTION BANK**

COMPLETE PACKAGE HL

## At a glance

- **From (owner occupied):** 6.14% (6.49% comparison)

## Apply

Applications are handled by the provider: [Apply at First Option Bank](https://internetbanking.firstoption.com.au/onlinelending/OLA/OnlineApplications.aspx)

## Interest rates

### Owner occupied — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 6.14% | 6.49% | Under 60 LVR |
| Variable | 6.19% | 6.54% | 60 to 70 LVR |
| Variable | 6.24% | 6.59% | Over 70 LVR |

### Owner occupied — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 6.34% | 6.69% | Under 60 LVR |
| Variable | 6.39% | 6.74% | 60 to 70 LVR |
| Variable | 6.44% | 6.78% | 70.0001 |

### Investment — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 6.39% | 6.76% | Under 60 LVR |
| Variable | 6.44% | 6.81% | 60 to 70 LVR |
| Variable | 6.49% | 6.86% | Over 70 LVR |

### Investment — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 6.59% | 6.96% | Under 60 LVR |
| Variable | 6.64% | 7.01% | 60 to 70 LVR |
| Variable | 6.69% | 7.06% | Over 70 LVR |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| PACKAGE_HOME_LOAN_ANNUAL_FEE — Charged yearly | Ongoing | $375.00 |
| INVLOAN_ADMIN_FEE — Plus Costs | Upfront | $400.00 |
| MORTGAGEDISCHARGE — Calculated at time of Discharge, up to a maximum of $600 | Cash advance | $175.00 |
| BRIDGINGLOAN — Administration fee to cover the cost of setting-up a bridging loan when buying and selling a property | Upfront | $250.00 |
| CONSTRUCTIONLOAN — Construction loan fee which includes up to five progress payments to suppliers, additional construction loan progress payment fees $50 per payment | Upfront | $600.00 |
| CONTRACTVARIATION | Event | $150.00 |
| LEGALFEES — First Option covers the first $1000 of Valuation and Legal Fees, other external costs are on-charged at-cost. | Cash advance | $0.00 |
| LOANADMIN | Event | $250.00 |
| LOANCONSENT | Event | $400.00 |
| MORTGAGEDISCHARGE — Calculated at time of Discharge, up to a maximum of $600 | Cash advance | $175.00 |
| SECURITYGUARANTEE | Cash advance | $250.00 |
| SECURITYSUBSTITUTION | Cash advance | $250.00 |
| TITLEPRODUCTION | Cash advance | $150.00 |
| GOVERNMENTFEESCHARGES — Stamp Duties and other government costs depend on value of the property and state | Cash advance | $0.00 |

## Features

- **Redraw facility**
- **Digital banking**
- **Notifications** (Email, SMS)
- **Offset account**
- **Extra repayments**

## Eligibility

- **Minimum age** — 18 years
- **Residency status** — Australian Residents
- **Individuals only**

## Constraints

- **Minimum limit** — $5,000.00

## More information from First Option Bank

- [Overview](https://firstoptionbank.com.au/loans/)
- [Terms & conditions](https://firstoptionbank.com.au/disclosure-statements/)
- [Eligibility](https://firstoptionbank.com.au/disclosure-statements/)
- [Fees & pricing](https://firstoptionbank.com.au/disclosure-statements/)

## Data provenance

- Published by First Option Bank under the Consumer Data Right
- Product ID: `COMPLETE_PACKAGE_HOME_LOAN`
- Last updated by the provider: 15 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/first-option-bank/COMPLETE_PACKAGE_HOME_LOAN
- Provider page: https://www.cdrcompare.au/brands/first-option-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000042

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/first-option-bank/products/COMPLETE_PACKAGE_HOME_LOAN) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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