Commercial Plus Loan IO
Business LoansData Sharing Status
Commercial Plus Loan IO
- From (investment)
- 9.09%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Commercial Plus Loan I/O <60% LVR | 9.09% | — | — |
| Variable Commercial Plus Loan I/O (>60% - <= 65% LVR) | 9.19% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee 0.40% of the total loan amount (for standard applications) | Upfront | $0.00 |
| Legal Fee Document preparation costs and out-of-pocket expenses. At Cost | Upfront | $0.00 |
| Valuation Fee The amount of all valuation fees Gateway Bank incurs or has to pay its valuer in connection with a valuation of the property. At Cost | Event | $0.00 |
| Monthly Fee Charged monthly · Ongoing monthly service fee | Ongoing | $25.00 |
| Early Termination Fee Payable if the loan amount is paid in full within 3 years. 1.00% of the total loan amount applied for | Event | $0.00 |
| Split Loan Account Fee Two loan accounts (i.e. Variable & Fixed) free. Fee for subsequent splits | Event | $99.00 |
| Top Up Fee Payable at settlement when increasing loan borrowings |
Features
- Digital banking
- Access is available to online banking features for the product.
- Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans.
- Additional Repayments: Make additional repayments to help reduce your loan term
- Up to 30 year loan term*: Helps manage cashflows when compared to shorter loan term options
- Repayments: Principal & Interest and Interest Only options available
- Redraw facility
- Available on variable rate loans only. Minimum redraw amount $10,000
Eligibility
- Business customers
Constraints
- Maximum limit — $10,000,000.00
- Maximum LVR — 7000%
- Minimum limit — $4,000,000.00
More Information
Published by Gateway Bank under the Consumer Data Right · Last updated 1 July 2026 · Product ID 186 · View on CDR.gov.au