---
title: "Bridging Home Loan — Firstmac"
description: "Home Loans from Firstmac. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/firstmac/products/fmc-bridging
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-27T23:25:34.507175Z
---

# Bridging Home Loan — Firstmac

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

**Home Loans**

Short-term bridging finance, used to purchase a new owner-occupied property before the sale of an existing property. This loan reverts to a Standard Home Loan once the bridging period is complete.

## At a glance

- **From (owner occupied):** 8.44% (6.88% comparison)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 1 year (Repayment terms: Months 1–3 no interest is capitalised and no monthly repayments required; Months 4–6 interest accrues and is capitalised to the loan with no repayments required; remaining term interest-only repayments apply.) | 8.44% | 6.88% | Loan-to-Value Ratio (LVR) ≤80% |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Bridging Loan Setup Fee — A fee of 2% of the total loan amount charged at settlement of your Bridging Loan | Event | 2% of balance |
| Discharge Documentation Fee — A fee charged for preparing the necessary documentation when the loan is fully repaid and discharged. Waived if loan runs to term. | Exit | $250.00 |
| Discharge Administration Fee — A fee applied when releasing our mortgage to cover administrative processing of the discharge request. Waived if loan runs to term. | Exit | $300.00 |
| Valuation Fee — A variable fee applied to each security, charged at cost, to determine the value of the assets used as security for the loan. | Event | From $221.00 |
| Rate Lock Fee — Fixed Rate Lock Fee allows borrowers to lock in the fixed rate for 90 days, protecting against potential rate increases until settlement; compulsory for 5-year fixed terms and optional for other fixed terms. | Upfront | $350.00 |
| Break Cost Administration Fee — Fixed Break Cost Administration Fee charged when a borrower breaks their fixed rate period, covering the administration of processing the break request, charged in addition to the Fixed Rate Break Cost. | Event | $150.00 |

## Features

- **Extra repayments** (Allows borrowers to make additional repayments on the loan to reduce interest and pay off the loan faster. Limited to a maximum of $10,000 per year during the fixed term.)

## Eligibility

- **Residency status** — Are Australian or New Zealand citizens living and working in either Australia or New Zealand, or are Permanent Residents of Australia living and working in Australia.
- **Minimum age** — 18 years (Applicants must be at least 18 years old to apply for this loan.)

## Constraints

- **Maximum limit** — $3,000,000.00 (The maximum residual debt at the end of the bridging period must not exceed $3,000,000)
- **The loan term cannot exceed 30 years. ** — P30Y
- **The loan term must be at least 15 years.** — P15Y
- **Maximum limit** — $3,000,000.00 (The maximum application amount available under this product is $3,000,000.)
- **Maximum LVR** — 80% (The maximum LVR of this product is 80%.)
- **Minimum limit** — $50,000.00 (The minimum application amount that can be borrowed is $50,000.)

## Data provenance

- Published by Firstmac under the Consumer Data Right
- Product ID: `fmc-bridging`
- Last updated by the provider: 27 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/firstmac/fmc-bridging
- Provider page: https://www.cdrcompare.au/brands/firstmac

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/firstmac/products/fmc-bridging) — 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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