Basic Home Loan Variable

Owner Occupied Home Loan

6.09% p.a. Variable

6.11% p.a. Comparison*

Ideal for refinances up to 80% LVR*

  • $0 Monthly & Annual Fees
  • Redraw facility available
  • First Class Service

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Awarded home loans - Reduce Home Loans

Our High Lend Offer

Take advantage of our exclusive high-limit offer! Borrow up to $3,500,000 with our Basic Home Loan Variable and enjoy zero application fees, Unlimited additional repayments as well as free redraw through internet banking.

Speak to our knowledgeable Personal Finance Managers today and discover how you can potentially lower your interest rate and upfront fees.

Don’t miss out, call us today at 1300 733 823.

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THE BASICS
Rate6.09% p.a. Variable
6.11%* p.a. Comparison
PurposeOwner Occupied
Minimum Amount$50,000
Maximum Amount$3,500,000

Max loan amount may vary depending on the loan purpose, postcode, and other factors
Refer to your Reduce Finance Manager for loan amount policy
LVRUp to 80% LVR*

Add a further 0.05% for 60.01-80 LVR
Loan TermUp to 30 years
Rate OptionsVariable
Available for ConstructionNo
FEATURES
Redraw FacilityYes. Manual and online redraw available. Online redraw at no cost.
Account AccessInternet, Mobile and Phone Banking
StatementsHalf yearly
REPAYMENTS
TypePrincipal & Interest
FrequencyMonthly, Weekly, Fortnightly
MethodsDirect Debit
Salary Credit
Additional RepaymentsYes
FEES
Application Fee$300
Establishment Fee$0
Third Party Valuation FeeAt cost.
$0 up to $300. Over $300 difference payable
Third Party Legal & Funder FeesAt cost (Estimated $303) professional legal fee. Disbursements payable.

Does not cover government charges, disbursements, funder's contract processing fee & PEXA Fee


Annual Fee$0
Monthly Fee$0
Settlement Fee$0 Settlement fee
Disbursements payable.
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