Smart Home Loan Variable
Our standard variable rate Smart Home Loan with 100% offset account and fee discounts on your everyday accounts
- From
- 7.44%
- 7.61% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Comparison Rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. | 7.44% | 7.61% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| ALTERNATE_SECURITY_MORTGAGE Capped at $0.00 | Event | $300.00 |
| DISCHARGE_MORTGAGE Capped at $0.00 | Event | $300.00 |
| FINAL_SEARCH Capped at $0.00 | Cash advance | $0.00 |
| LATE_REPAYMENT_FEE Capped at $0.00 | Event | $15.00 |
| MORTGAGE_CANCELLATION_FEE Capped at $0.00 | Event | $150.00 |
| MORTGAGE_ESTABLISHMENT_FEE Capped at $0.00 | Upfront | $600.00 |
| REGISTRATION_WITH_LRS Capped at $0.00 | Cash advance | $0.00 |
| STAFF_TRANSFER Capped at $0.00 |
Features
- For owner occupied or Investment homes, refinancing your existing home loan, purchasing of vacant land (up to 200acres/80ha) and building a new home
- Discounts on other products — Classic Credit Card
- Optional Classic Credit Card with no annual card fee and a discounted rate for the life of the home loan
- Redraw facility
- Free redraw on additional repayments made. Minimum $500
- Make weekly, fortnightly or monthly repayments
- Offset account
- 100% Offset everyday transaction account available
- Digital banking
- Secure banking 24/7 from your computer or mobile with Online Banking
- Digital banking
- 24/7 access to your accounts anywhere in the world with our smartPAY App. You can also temporarily block your card or report it lost or stolen.
Eligibility
- Credit Approval
- Minimum age — 18 years
- Residency status — AU
- Individuals onlyAvailable for personal borrowers only
- Required if LVR above 80%
Constraints
- Minimum limit — $20,000.00
- Maximum limit — $2,000,000.00
- Maximum LVR — 9000%?90% for new borrowing
- Maximum LVR — 9500%95% for a first home buyer under the Australian Govt 5% Deposit Scheme
- Maximum LVR — 9800%98% for a single parent or guardian under the Australian Govt 5% Deposit Scheme
More Information
Published by Northern Inland Credit Union Limited under the Consumer Data Right · Last updated 3 June 2026 · Product ID NICU28V · View on CDR.gov.au · View Source Data (JSON)