5 year Fixed Rate OO P&I
Lock in your interest rate for 1, 2, 3 or 5 years with our fixed rate home loan and know what your repayments will be. Plus, pay off your loan sooner with free extra repayments.
- From (owner occupied)
- 6.3%
- 7.3% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 5 years Principal & Interest repayment: 95% maximum Loan to Valuation Ratio (LVR) inclusive of Lenders Mortgage Insurance (LMI). | 6.3% | 7.3% | OO PI Fixed 5yr |
| Fixed · 5 years Principal & Interest repayment: 95% maximum Loan to Valuation Ratio (LVR) inclusive of Lenders Mortgage Insurance (LMI). Only available when switching or restructuring existing extended loan term home loans. | 6.4% | 7.34% | OO PI Fixed 5yr |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee An establishment fee applies to all credit facilities and includes the cost of processing the application and the preparation of the Great Southern Bank loan documentation.
| Upfront per plan | $600.00 |
| Telegraphic transfer fee within Australia Local telegraphic transfer to an account at a financial institution within Australia. Payable where you request a local telegraphic transfer to an account at a financial institution within Australia. | Event | $35.00 |
| Account Information Fee Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Visa voucher - Personal information, traces, document copies (other than those specified above) and/or information pertaining to an account Where further investigation is required an additional hourly rate of $20 per hour will apply. An estimate of the costs involved will be provided prior to the work being undertaken. | Event | $20.00 |
| Valuation fee The establishment fee for non Rate Breaker home loans covers the cost of one valuation. A valuation fee may be payable in the future if Great Southern Bank considers it necessary to revalue the property at any time. The amount of the fee will be subject to the Great Southern Bank panel valuers scale of fees current at that time. | Event | Variable |
Features
- Redraw facility
- Enjoy free redraw. Access your additional home loan repayments with redraw, so you can use it whenever you need some breathing space. A $200 minimum withdrawal amount applies for redraws conducted in-branch.
- $0 Monthly or annual fees.
- Digital banking
- Wherever you are in the world, Great Southern Bank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
- Guarantor supported
- A guarantor is someone who promises to repay money that is owed to us under a loan, if for some reason the borrower doesn’t.
- Extra repayments
- Up to $30,000 in total extra payments permitted during the fixed rate period. A daily transfer will refund any amounts paid in advance in excess of the total advance repayments allowed during the fixed rate period unless sufficient to pay out the loan in full (in which case an Early Payout Cost may apply). Excess funds will be transferred to the nominated deposit account, which must remain open for the fixed rate period.
Eligibility
- Residency status — You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- Minimum age — 18 yearsTo be 18 or over
- Individuals onlyApplications are for individuals and personal use purposes only.
Constraints
- Maximum limit — $5,000,000.00
- Minimum limit — $100,000.00Fixed Rate loans are available to (a) new home loans with a minimum application amount of $100,000; or (b) switching or restructuring of existing home loans.
- Maximum LVR — 95%Max LVR for Principal & Interest Owner Occupier Home Loan products is 95%
- Minimum LVR — 1%Min LVR for Home Loan products is 1%
More Information
Published by Great Southern Bank under the Consumer Data Right · Last updated 21 May 2026 · Product ID 4200-7502 · View on CDR.gov.au