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Greater Bank

Great Rate

Advertised Rate

1.99

% p.a

Fixed - 3 years

Comparison Rate*

2.30

% p.a

Maximum LVR
90%
Real Time Rating™

3.13

/ 5
Monthly Repayment

$1,482

based on $350,000 loan amount for 25 years at 1.99%

Advertised Rate

1.99

% p.a

Fixed - 3 years

Comparison Rate*

2.30

% p.a

Maximum LVR
90%
Real Time Rating™

3.13

/ 5
Monthly Repayment

$1,482

based on $350,000 loan amount for 25 years at 1.99%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,482

based on $350,000 loan amount for 25 years at 1.99%

Quick home loan review

For Great Rate Fixed Home Loan (NSW, ACT & QLD only) 3 Years

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No ongoing fees
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility

These are the drawbacks of this home loan.

  • No offset account
  • Loan reverts to higher rate after fixed period
  • Not available for first home buyers
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Great Rate Fixed Home Loan (NSW, ACT & QLD only) 3 Years

Details

Maximum LVR

90%

Total Repayments

Next LVR

Interest rate type

Fixed - 3 years

Borrowing range

Suitable for

Owner Occupiers

Loan term range

0 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, QLD

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to 5%

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

$180

Application fee

$0

Valuation fee

$0

Settlement fee

$180

Other upfront fee

$0

Ongoing fee

$0

Discharge fee

$300

Application method

Online

Phone

In branch

Specials
  • Other Borrow up to 110% of the property value using the guarantor feature
    Borrow up to 110% of the property value by asking your family to guarantee the home loan by using their property as security on your mortgage

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $30k 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 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

Greater Bank allows you to have this loan for a range of 0 to 30 years.

How often can you make repayments?

Greater Bank 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 $180 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

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

Can a broker help me with this loan?

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