FAQ

Standard Variable Home Loan

Most popular questions...

• Can I pay extra off my loan?

  Yes, our Standard Variable Home Loan enables you to make unlimited extra repayments.

• Can I switch to a fixed interest rate if I have a variable interest rate loan and I think interest rates are going to rise?

  Yes, if you wish to switch to a fixed interest rate, contact us to discuss your options.

• Can I redraw excess funds from my loan?

  Yes, our Standard Variable Home Loan offers you the flexibility to redraw any extra repayments you have made if you need the money back again. Redraw can be accessed online or via one of our branches.

  *Minimum redraw amount is $1,000. Redraws are only available if sufficient extra repayments have been made against the loan account.

• Can I link an offset account to my Standard Variable Home Loan?

  An offset facility is available on our Standard Variable or Home Loan Package Variable Home Loan for an $8 monthly fee. An offset facility may help you reduce the interest payable and time taken to pay off your loan.*

   

  _{*Subject to approval. Interest only repayments can only be made monthly and the period is for a maximum of 10 years with a review after 5 years.}