Discount Variable Rate Home Loan

Enjoy a low rate home loan with no monthly administration fee, the ability to make additional repayments and free online redraw with our Discount Variable Rate Home Loan.

3.75 % PA
Owner Occupied Principal & Interest Rate About this rate Apply now
3.77 % PA
Comparison Rate* 

Discount Variable Features

  • Low variable interest rate
  • For home loans of $150,000 or more
  • No annual or monthly fees^
  • Unlimited additional repayments without penalty
  • Use this loan to build a home
  • People first service and commitment to our customer-owned values
  • Online redraw
  • Repayments calculated monthly. You can make payments as frequently as you choose within each month to pay the monthly amount due
  • Family Guarantee options available
  • Interest only repayment options for investment loans, for up to 5 years

Apply by 30 September 2022 and pay no application fee.

Save up to $600!#
Application Fee $600
Monthly Fee $0
Online Redraw $0
Settlement Fee $210
Loan Finalisation Fee $345
Other fees and charges may apply and will be outlined in your Credit Contract.
Research tools
Home Loan repayment calculator
Borrowing power calculator
Home Loan refinancing calculator
The home loan application process
Buying your first home guide
Investing in property
Interest rates for new home loans (PDF)
Interest rates for loan switches, refixes and products withdrawn from sale (PDF)
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