Fixed Rate Investment Loan
For those who want the certainty of a fixed interest rate and repaymnet for their preferred term - with added flexibility of a redraw facility.
- From (investment)
- 6.39%
- 6.81% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year Investment, principal and interest repayments only. Minimum new loan amount of $150,000, 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. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | 6.39% | 6.81% | — |
| Fixed · 1 year Investment, principal and interest repayments only. Minimum new loan amount of $150,000, 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. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. | 6.39% | 6.81% | — |
| Fixed · 1 year Investment, principal and interest, interest only loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break | 6.39% | 6.92% | — |
| Fixed · 2 years Investment, principal and interest, interest only loans. Minimum loan amount of $30,000. A fixed rate break cost fee may be payable and equates to a reasonable estimate of our loss caused by the break. |
Fees
| Fee | Type | Amount |
|---|---|---|
Establishment Fee
| Upfront | $300.00 |
| Loan Increase Fee | Upfront | $300.00 |
| Valuation Fee Valuation Fee - Residential $300; Valuation Fee - Non-Residential is at cost. Includes commercial, rural & rural lifestyle properties over 30ha. | Upfront | $300.00 |
| Legal Fee Legal Fee - residential $200; Legal Fee - Non Residential at cost. | Upfront | $200.00 |
| Redraw fee - Assisted | Transaction | $25.00 |
| Redraw Fee - Electronic | Transaction | $0.00 |
| Contract Variation/Consent Fee | Event | $300.00 |
| Mortgage Discharge Fee | Transaction |
Features
- 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
- Up to $20,000 per annum
- Guarantor supported
- Notifications — Event based notifications
- Real-time payments (NPP)
- PayID
- Set up a pay ID to receive lightning fast payments.
- Save on paper, receive and view your statements online with eStatements.
Eligibility
- Minimum age — 18 years
- Individuals only
- Lending criteria apply.
- Residency status — An eligibility constraint based on residency status applies.
Constraints
- Minimum limit — $30,000.00
More Information
Published by Summerland Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 86 · View on CDR.gov.au