Basic Variable Rate Home Loan
Home LoansData Sharing Status
Basic Variable Rate Home Loan
- From (owner occupied)
- 6.04%
- 6.09% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.04% | 6.09% | <=60% LVR |
| Variable | 6.14% | 6.19% | 0.600001–0.8% |
| Variable | 6.34% | 6.39% | 0.800001%+ |
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Introductory · 1 year | 6.14% | 6.19% | <=60% LVR |
| Introductory · 2 years | 6.14% |
Fees
| Fee | Type | Amount |
|---|---|---|
| MORTGAGE_ESTABLISHMENT_FEE | Upfront | $155.00 |
| LOAN_SECURITY_DISCHARGE_FEE | Exit | $200.00 |
| SWITCH_FEE | Event | $250.00 |
Features
- Redraw facility
- Included in Relationship Rebate
- Can be used for building
- Early repayments without penalty
- Easy to apply for loan
- Interest only repayments (up to 5 years)
- Suitable for vacant land
- Variable and lump sum repayments
- Ability to increase loan amount (Loan Top Up)
Eligibility
- Minimum age — 18 years
- Residency status — Must be an Australian citizen or permanent resident
- Lending criteria, terms and conditions apply
- Up to 95% of the valuation for owner occupied (Lenders Mortgage Insurance applies for over 80% Loan to Valuation). Up to 92% of the valuation for investment (Lenders Mortgage Insurance applies for over 80% Loan to Valuation).
Constraints
- Minimum limit — $30,000.00
More Information
Published by ORANGE CREDIT UNION LTD under the Consumer Data Right · Last updated 12 May 2026 · Product ID BASIC_HOME_LOAN · View on CDR.gov.au