Premium Variable Investment Ln
Feature packed loan with the benefits of an offset account as well as discounts on a range of other banking products inlcuding our credit cards.
- From (investment)
- 6.29%
- 6.66% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Investment, principal and interest repayments only. Minimum new loan amount of $500,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking both fixed and variable rates will be based on the combined loan amount. | 6.29% | 6.66% | — |
| Variable Investment, principal and interest repayments only. Minimum new loan amount of $250,000, with a loan to valuation ratio of 60% of less. Eligibility for new borrower specials for customers seeking both fixed and variable rates will be based on the combined loan amount. | 6.39% | 6.76% | — |
| Variable Investment, principal and interest repayments only. Minimum new loan amount of $500,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking both fixed and variable rates will be based on the combined loan amount. | 6.39% | 6.76% | — |
| Variable Investment, principal and interest repayments only. Minimum new loan amount of $250,000, with a loan to valuation ratio of 80% of less. Eligibility for new borrower specials for customers seeking both fixed and variable rates will be based on the combined loan amount. | 6.49% | 6.86% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Valuation Fee Valuation Fee - Residential $300; Valuation Fee - Non-Residential is at cost. Includes commercial, rural & rural lifestyle properties over 30ha. | Upfront | $300.00 |
| Contract Variation/Consent Fee | Event | $300.00 |
| Mortgage Discharge Fee | Transaction | $250.00 |
| QuickDebit Dishonour Fee | Event | $15.00 |
| Guarantee Establishment Fee | Upfront | $200.00 |
| Premium Home Loan Annual Fee Charged yearly
| Ongoing | $380.00 |
| Valuation Fee - Construction | Upfront | $800.00 |
| Loan Increase Fee |
Features
- Discounts on other products — 0.00
- All transaction fees are waived for holders of a Premium Home Loan.
- Digital banking
- Open accounts, check balances, view transactions, transfer funds, schedule payments, BPAY, eStatements, SMS alerts, activate cards, change card PIN, mark card lost or stolen, loan redraw, loan status update, accept loan contracts and send secure messages.
- Extra repayments
- Unlimited extra repayments
- Guarantor supported
- Notifications — Event based notifications.
- Real-time payments (NPP)
- PayID
- Set up a pay ID to receive lightning fast payments.
Eligibility
- Minimum age — 18 years
- Individuals only
- Lending criteria apply.
- Residency status — A Permanent Australian Resident including those working overseas.
Constraints
- Minimum limit — $250,000.00
More Information
Published by Summerland Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 85 · View on CDR.gov.au