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Essentials Variable Rate

Our Essentials Variable Rate home loan is great for those people looking for a no-frills loan with low interest.

Essentials Variable Rate

Essentials Variable Rate Home Loan

The Essentials Variable Rate home loan is our no-frills, low rate home loan for owner occupied properties.

  • Low ongoing variable rate
  • Borrow up to 95% of the value of home with Mortgage Insurance or 80% without Mortgage Insurance
  • Weekly, fortnightly or monthly repayment options
  • Zero monthly or annual account keeping fees
  • Access to redraw facilities and  Visa Card facilities
  • No restrictions on making extra repayments
  • Assistance with applying for the Government First Home Buyers Grant where relevant
  • Eligible for inclusion in the WAW Customer Benefit Program
Essentials Variable Rate 4.48% p.a
Comparison Rate* 4.53% p.a

Interest Only rates available upon enquiry

Download our current Loan Interest Rate and Fees Schedule here

*Terms and conditions apply. The comparison rate is based on a loan of $150,000 over 25 years. Different amounts and terms will result in different Comparison Rates. Costs such as redraw and early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


Loan Application fee

Owner Occupied / Residential Investment $600.00
Increase fee $300.00
Guarantees Facility application fee $400.00
  Each guarantee $100.00
  Half yearly service fee - 0.50% of facility limit Min. $50.00
Redraw Facility Fee (per redraw) $20.00

Other Fees

Product / Rate switching $600.00
Substitution of Property Mortgage $300.00
Bill of Sale / Goods Mortgage - Registration / Variation At Cost
Mortgage Insurance At Cost
Legal Fees, Valuations, Surveys, Settlement Fees At Cost
Titles & Related Fees Discharge of Mortgage Costs + $400.00
  Production or Consideration Fee Costs + $50.00
  Photocopy $5.00
  Title or Final Notice At Cost
How To Apply

If you are interested in applying for this loan please click on the link below to fill out our online enquiry form with your name, contact details and the product you are interested in. One of our dedicated loans staff will contact you to further the application process.

Alternatively, you can contact us on 1300 368 555 and ask to speak to one of our home loan specialists.


Enquire Now