Business Term Loan - Variable Rate Interest Only secured by Residential Property
Business loan secured by residential property
- From
- 9.05%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 9.05% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Government charges Charges will be variable, calculated if and when applicable. These charges include Withholding Tax, Registration Fees on security documents and Stamp Duty. For Contracts Regulated by the National Credit Code, the only fees and charges that are payable are those set out in that contract (as varied from time to time). | Event | Variable |
| Registration fee Fee amount will be variable, calculated if and when applicable. Payable when we register any documents in relation to a security. | Event | Variable |
| Construction Loan Draw Down Fee Payable when we make a progress payment pursuant to your loan contract | Withdrawal | $80.00 |
| Law stationers fee Fee amount will be variable, calculated if and when applicable. Payable when a third party agent acts for or otherwise assists us in relation to (including when we request information in respect of a security or any other matter in connection with) your contract with us or a security. | Event | Variable |
| EasyPay notification fee - SMS | Withdrawal | $0.20 |
| Administration fee Payable when we consent to any subdivision, lease, discharge, partial discharge, change of name, release of a Security, changing a policy of lenders mortgage insurance, creation of subsequent Security Interest or any dealing in relation to a Security. |
Features
- Relationship management
- Extra repayments
- Notifications — SMS or Email
- Receive notification from bank of your nominated transactions (e.g. low account balance warning; credits over $500)
- Digital banking
- Guarantor supported
- Redraw facility
- Fee free redraw via Online Banking. $30 fee for over the counter redraw.
Eligibility
- Residency status — Australian Residents only
- Minimum age — 18 years
- Must be identifiable in terms of legislative requirements. Lending criteria apply.
- Business customers
Constraints
- Minimum limit — $1,000.00
More Information
Published by Greater Bank Limited under the Consumer Data Right · Last updated 24 June 2026 · Product ID 3095 · View on CDR.gov.au