---
title: "Ultimate Packaged Home Loan - Fixed 5 Year Interest Only Investment — Greater Bank Limited"
description: "Home Loans from Greater Bank Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/greater-bank-limited/products/3675
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-30T14:00:00Z
---

# Ultimate Packaged Home Loan - Fixed 5 Year Interest Only Investment — Greater Bank Limited

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

**Home Loans · Greater Bank**

Packaged home loan, with multiple features for one annual fee

## At a glance

- **From (investment):** 6.69% (7.77% comparison)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 5 years | 6.69% | 7.77% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Discharge administration fee — A Discharge Administration fee is payable when you request us to close your loan account, or produce title deeds at settlement. If Greater Bank incurs any costs associated when doing this, the cost will also be passed on to you. | Exit | $300.00 |
| EasyPay notification fee - SMS | Withdrawal | $0.20 |
| Property Exchange Australia (PEXA) transaction fee — Fee amount will be variable, calculated if and when applicable. Payable when we have to register any documents in relation to a security using PEXA, request information using PEXA, or we process a financial settlement using PEXA. Fees are applied as charged by PEXA | 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 |
| 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 |
| Redraw over-the-counter fee — Each time you re-borrow money by making written application to any branch of Greater Bank Ltd. | Withdrawal | $30.00 |
| Information fee - Per Page — Payable when we provide information or copies to you or a third party that relates to a Security, dealing document, or any record relating to your Contract or loan account (other than information you are entitled to obtain free of charge under the National Credit Code (where applicable)). | Enquiry | $1.00 |
| Default Notice Fee — Payable when we send you a notice informing you of a default under this contract | Late payment | $50.00 |
| Mortgage Insurance Premium Fee — Fee amount will be variable, calculated if and when applicable. The amount charged by our mortgage insurer for a lenders mortgage insurance policy. | Upfront | Variable |
| 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. | Variation | $350.00 |
| Bank transfer fee — Applicable when receiving an inward RTGS (Real time gross settlement) | Withdrawal | $8.00 |
| Conversion fee - Switch to a Basic/Great Rate or Ultimate Home Loan — $500 fee payable when you ask us to switch your loan to a Basic/Great Rate or Ultimate Home Loan. If more than one loan is being converted each additional loan converted at the same time will attract a reduced fee of $250. | Variation | $500.00 |
| Annual package fee — Charged yearly | Ongoing | $395.00 |
| EasyPay notification fee - Letter | Withdrawal | $8.00 |
| Information fee — $20.00 plus $1.00 per page copied. Payable when we provide information or copies to you or a third party that relates to a Security, dealing document, or any record relating to your Contract or loan account (other than information you are entitled to obtain free of charge under the National Credit Code (where applicable)). | Enquiry | $20.00 |
| SMS alert fee — Charged for each SMS alert that is sent to you notifying you of account balances and/or other nominated transactions. | Transaction | $0.20 |
| Establishment fee — $500.00 based on one security plus $250.00 for each additional security.  For each additional amount approved during the loan term, $350.00 based on one security plus $250.00 for each additional security. | Upfront | $500.00 |
| Prepayment fee — The prepayment fee is charged if we estimate we will make an economic loss as a result of extra repayments during a fixed rate term. | Payment | Variable |
| Guarantee fee — Payable for each guarantee provided | Upfront | $200.00 |
| Mercantile agents fee — Fee amount will be variable, calculated if and when applicable. Payable when we instruct a mercantile agent to contact you on our behalf in relation to this loan or a security. | Event | Variable |
| Settlement processing fee — Payable for costs we incur in arranging settlement of the loan | Upfront | $180.00 |
| Foreign currency deposit fee | Deposit | $5.00 |
| Default Administration Fee — In default by an amount that is less than 2 repayments $20.00, otherwise $50.00. | Late payment | $50.00 |
| Break costs — A break cost fee will be charged if we estimate we will make an economic loss as a result of the payout or a break from the fixed term | Exit | Variable |
| Legal fee — Fee amount will be variable, calculated if and when applicable. Payable when (or after) we make the amount of credit available to you for any costs and disbursements we have to pay a solicitor or conveyancer for acting for us in relation to this loan | Event | Variable |
| 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 |
| Title insurance premium — Fee amount will be variable, calculated if and when applicable. The amount charged by our title insurer for a lenders title insurance policy. | Upfront | Variable |

## Features

- **Guarantor supported**
- **Cashback offer** — 2500.00 (Switching to Greater Bank could score you up to $2,500 cashback. Applicable for eligible owner occupied and investment home loans. $2,000 cashback for loans ≥$250,000 with LVR of less than or equal to 80%, or $2,500 cashback for loans ≥$500,000 with LVR of less than or equal to 80%. Only one (1) Cashback Payment per eligible loan, and for first eligible loan only. Not available in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full Cashback Offer Terms and Conditions. Terms, conditions, fees, charges and credit criteria apply.)
- **Digital banking**
- **Extra repayments** (We allow you to make extra payments up to a total of 5% of your original loan amount during the fixed rate period before a prepayment fee applies.)
- **Notifications** — SMS or Email (Receive notification from bank of your nominated transactions (e.g. low account balance warning; credits over $500))
- **Redraw facility** (Fee free redraw via Online Banking.  $30 fee for over the counter redraw.)

## Eligibility

- **Must be identifiable in terms of legislative requirements. Lending criteria apply.**
- **Individuals only**
- **Residency status** — Australian Residents only
- **Minimum age** — 18 years

## Constraints

- **Maximum LVR** — 90% (Maximum LVR for Interest Only loans.
)
- **Minimum limit** — $30,000.00

## More information from Greater Bank Limited

- [Overview](https://www.greater.com.au/personal/home-loans/investment-ultimate-home-loan)
- [Terms & conditions](https://www.greater.com.au/termsandconditions)
- [Fees & pricing](https://www.greater.com.au/siteassets/calculators-rate-and-support/documents/disclosure-documents/fees-and-charges/lending-fees-and-charges)

## Data provenance

- Published by Greater Bank Limited under the Consumer Data Right
- Product ID: `3675`
- Last updated by the provider: 30 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/greater-bank-limited/3675
- Provider page: https://www.cdrcompare.au/brands/greater-bank-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000346

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/greater-bank-limited/products/3675) — 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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