Rates & fees

Find out the specific fees that may be applicable to your HomeStart loan, as well as the general fees that apply if you access our various loan options. 

Home loan interest rates

As at 23 January 2017

Home loans

  Annual interest rate Comparison rate
HomeStart Home Loan and Graduate Loan  Variable Rate 5.24% 5.31%
1 Year Fixed Rate 4.98% 5.29%
2 Year Fixed Rate 4.75% 5.22%
3 Year Fixed Rate 4.85% 5.21%
Low Deposit Loan 1st Year Variable Rate
After 1st Year Variable Rate
6.24%
5.24%
5.40%
1 Year Fixed Rate 5.98% 5.38%
2 Year Fixed Rate
1st year
2nd year

5.75%
4.75%
5.32%
3 Year Fixed Rate
1st year
2nd  and 3rd year

5.85%
4.85%
5.30%
Seniors Equity Loan Variable Rate 5.94% 5.97%

Additional loans

Taken out with a HomeStart loan, the rates , fees and charges below are in addition to the rates indicated above.
Annual interest rate
Advantage Loan Variable Rate Based on CPI*
EquityStart Loan Variable Rate Based on CPI*
Breakthrough Loan This shared appreciation arrangement is combined with a HomeStart loan. The Breakthrough Loan portion is interest free, and repayment free until your property is sold at which time an appreciation gain (or loss) is applied. Repayments and variable, fixed or split rates apply to the HomeStart loan portion. A facility fee of 3% is charged, which is set for the life of the loan and is included in your monthly loan repayments on your HomeStart loan portion. 
Wyatt Loan Interest and repayment free for the first five years. It’s then combined with the HomeStart loan portion, which has regular loan repayments and interest charges.
* Calculated using the Consumer Price Index, averaged over 2 quarters


Comparison Rate calculated on the basis of secured credit of $150,000 over a term of 25 years based on monthly repayments (except for the Seniors Equity Loan which has no monthly repayments). These rates are for secured loans only.

Warning: Comparison rates apply only to the example given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

Fees and charges

Upfront fees
Upfront Establishment Fee  $845.00
Upfront Establishment Fee (Home Equity Loans) $500.00
Valuation Fee at cost (including GST)
Progress Inspection Fee (construction) at cost (including GST)
Loan Provision Charge  nil - $2970.00
Split Loan Establishment Fee $150.00
Loan Variation Fee $350.00
Settlement Fee $150.00
Disbursement Administration Fee (construction)  $550.00

View the full fees and charges PDF (48KB)


 

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Level 5, 169 Pirie St, Adelaide SA 5000