Land Loan Variable Rate
Land Loan Variable Rate
- From (owner occupied)
- 8.68%
- 8.75% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Land Loan Variable Rate (<=95% LVR) | 8.68% | 8.75% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee Payable at settlement of new loan, and may be payable at substitution of security or when adding a new security | Upfront | $200.00 |
| Legal Fee Payable at settlement to cover solicitor's documentation costs | Upfront | $275.00 |
| Valuation Fee Payable if valuation required per property Applies to standard single residential dwellings to $1 million in Metro locations and $500,000 in Regional locations (maximum land area 2.2ha/5 acres) | Upfront | $325.00 |
| Top-Up Fee Payable at settlement when increasing loan borrowings | Event | $200.00 |
| Switch Fee Payable if Gateway agrees to vary the Loan Agreement on existing Gateway loan as follows: Product switch (e.g. from variable rate to a fixed rate) Repayment switch (e.g. P&I to Interest Only) Split (e.g. into part variable rate and part fixed rate) | Event | $150.00 |
| Security Variation Fee Payable if Gateway agrees to vary the security on an existing loan | Event |
Features
- Digital banking
- Access is available to online banking features for the product
- Extra repayments
- Unlimited extra repayments
- Offset account
- An offset account is a transactional account that is linked to your home loan. Any balance in this account is offset against an equivalent portion of your home loan balance and generates an interest reduction on your loan
- Redraw facility
- Home loan redraw facilities allow borrowers to withdraw the additional funds they put into their variable rate home loan
Eligibility
- Minimum age — 18 years
Constraints
- Maximum limit — $2,000,000.00
- Maximum LVR — 8000%
- Minimum limit — $50,000.00
More Information
Published by Gateway Bank under the Consumer Data Right · Last updated 1 July 2026 · Product ID 113 · View on CDR.gov.au