The standard variable home loan

The standard home loan variable rate (P&I) home loan

For owner occupied P&I home loans

4.39% p.a.

Variable interest rate

4.48% p.a.

Comparison rate*

What’s included

100% Offset Account

Deposit your money into a 100% offset account, letting you reduce the interest on your home loan.

Redraw facility

Enjoy the flexibility of making extra payments and you can redraw your funds when you need them.

Flexible repayment methods

Choose how you make your repayments, including transfers, Osko, EFT or cheque.

Split Loan Option

Slice and dice your home loan with fixed and variable options. By combining the two, you can enjoy the security of a fixed rate and the flexibility of a variable.


Things you need to know

The standard owner occupied variable  
Interest Rate Comparison Rate*
Variable (P&I) 4.39% p.a. 4.48% p.a.
Variable (IO) 4.75% p.a. 4.84% p.a.
The standard investment variable  
Interest Rate Comparison Rate*
Variable (P&I) 5.05% p.a. 5.14% p.a.
Variable (IO) 5.15% p.a. 5.24% p.a.

Interest is calculated daily on the outstanding balance, and charged monthly in arrears on the last day of each month. Refer to our rates and fees for more information.

Fees applicable to this product include:

  • Application fee: $600
  • Valuation fee: at cost (minimum $250) payable at funding for costs incurred in obtaining a valuation
  • Legal fees: at cost (minimum $440) payable
  • Other fees may apply

Important documents:

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It’s easy to apply online

Here’s what you’ll need to apply online

  • Be at least 18 years of age or older
  • Be an Australian citizen, permanent resident, or have a valid visa
  • Receive a regular income
  • Have your membership number if you already bank with us

What you’ll need

  • An email address and contact number
  • Member number (If you’re already a member)
  • Australian driver’s licence, Medicare or passport details
  • Employment and income details
  • Details of your assets, expenses and liabilities

Important notes

*Comparison rates are calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Eligibility criteria, terms & conditions, fees & charges apply. Please refer to the Fees and Charges.

Grandfathered Fees & Transactions

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