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BankSA

Fixed Rate Home Loan

Advertised Rate

2.94

% p.a

Fixed - 1 year

Comparison Rate*

5.33

% p.a

Maximum LVR
Less than 95%
Real Time Rating™

1.90

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Advertised Rate

2.94

% p.a

Fixed - 1 year

Comparison Rate*

5.33

% p.a

Maximum LVR
Less than 95%
Real Time Rating™

1.90

/ 5
Monthly Repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,413

based on $300,000 loan amount for 25 years at 2.94%

BankSA home loans are available through brokers who can help find the right loan and manage your application at no charge.

Tedjo Hadiwidjojo

5.0
14 Reviews

Get expert advice from a home loans specialist.

An experienced mortgage broker with over 15 years in the finance industry, dedicating to finding the right loan product from a wide range of lenders to meet your lending requirement. I pride myself to provide Speed, Convenience and adding Value to my clients. Buying property whether it’s your home or investment comes with complex choices and can be daunting. There are a lot of variables to consider when choosing the right loans. With my experience as a mortgage broker and an investor myself, I will recommend you the best lender and guide you through the process to get you the best possible loan option and lending rates.

Response time: in 35 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Daniel Tetlaw

Get expert advice from a home loans specialist.

I enjoy working with clients to understand their goals and deliver great outcomes for their unique situations. This requires flexibility, dotting every ‘i’, crossing every ‘t’, and striving to over deliver on my clients’ needs and expectations.

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Promoted

Quick home loan review

For Fixed Rate Investment Loan (Interest Only) 1 Year

These are the benefits of this home loan.

  • Suitable for low deposits
  • Redraw facility available
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For Fixed Rate Investment Loan (Interest Only) 1 Year

Details

Maximum LVR

Less than 95%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $10

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

864

Application fee

600

Valuation fee

$164

Settlement fee

100

Other upfront fee

0

Ongoing fee

$10 monthly

Discharge fee

350

Application method

Online

Phone

In branch

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 94.99 percent, which means it requires a minimum deposit of 5.01 percent

What's the maximum length for this loan?

BankSA allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

BankSA allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $864 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $10 if you need to use it.

Where can you apply for this loan?

BankSA makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this BankSA loan is available through a broker. Find a broker to help you with your needs.