Variable Rate Home Loans

Discount Variable

Looking for a low rate, and don't need an offset account? Our Discount Variable home loan could be perfect for your client. With no application fee, no monthly administration fee, and a competitive variable interest rate, our Discount Variable is a great option. Plus, your client can make unlimited extra repayments to get the balance down sooner.

Discount Variable Home Loan
5.14 % PA 5.16 % PA
Owner Occupier (Principal and Interest) Home Loan $20,000 or more - up to 70% LVR
Comparison Rate*
View all rates (PDF)

Features

  • Low variable interest rate
  • Minimum loan amount $20,000 under this product at time of application
  • Free online redraw of payments in advance
  • Ability to skip repayments if additional repayments have been made

More features

  • Flexible repayment frequency e.g. weekly, fortnightly, monthly
  • Make unlimited extra repayments without penalty
  • Construction loan available
Application Fee $0
Monthly Fee $0
Online Redraw $0
Settlement Fee $210
Loan Finalisation Fee $345
Other fees and charges may apply and will be outlined in the Credit Contract.