RBA Rate Tracker Home Loan
- Last updated on 03 Jun 2020
Home Value Home Loan
specialGet a low variable interest rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online.
Home Value Loan
based on $300,000 loan amount for 25 years
- No ongoing fees
- Extra repayments + redraw services
- Free redraw facility
- Repayments may decrease if RBA cuts rates
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$100k - $3.5m
Principal & interest
Loan term range
1 - 30 years
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
Compare and review home loans with similar features
Auswide Bank (formerly Wide Bay Australia) was created in 1966 as Queensland-based building society, later becoming a bank. It was started with the aim of challenging the big four banks by providing low-deposit home loans.
In recent years Auswide Bank has gone on to offer an extensive range of personal finance and banking products to help everyday Australians achieve their goals and build their wealth.
As the name would suggest, Auswide Bank is widely accessible with branches and ATMs across the country. Before its relaunch, Auswide Bank was named by the People’s Choice Awards as “Best Building Society” in 2014.
Auswide home loan calculator
Interested in an Auswide home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Auswide compares to its competitors. Simply plug in your borrowing amount below.
Low-deposit home loans aren’t as common as they once were, because they’re regarded as relatively risky and the banking regulator (APRA) is trying to reduce risk from the mortgage market.
However, if you do your research, you’ll find there is still a fairly wide selection of banks, credit unions and non-bank lenders that offers low-deposit home loans.