HomeBuilders Loan (Principal and Interest) (LVR <80%)
- Last updated on 10 Aug 2020
based on $350,000 loan amount for 25 years
- No ongoing fees
- Repayments may decrease if RBA cuts rates
- No redraw and no offset
- Not available for first home buyer
- Repayments may increase if RBA raises rates
Interest rate structure
$5k - $100m
Principal & interest
Loan term range
1 - 30 years
Unlimited extra repayments
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Total estimated upfront fees
Other upfront fee
Minimum SMSF Amount
Geelong Bank was originally founded in 1974 as the Ford Co-operative Credit Society Limited (FCCS) to provide financial services to Geelong Ford employees and their families.
During the 1990s, FCCS underwent two mergers which resulted in an expansion into Sydney and opened up its membership to all Australians. FCCS made the decision to change its name to Geelong Bank in 2018.
Since opening its doors, Geelong Bank has grown from strength to strength and has broadened its member base and range of products and services. Geelong Bank has a strong community focus and proudly supports education programs, safety and environment initiatives, art and culture and health and wellbeing community initiatives.
Geelong Bank Home Loan Calculator
Interested in a Geelong Bank home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Geelong Bank compares to its competitors. Simply plug in your borrowing amount below.