Please be aware of scammers impersonating merchants, banks or other reputable organisations including us, via SMS and phone calls. Never give out your personal details or your One-Time PIN to anyone, even us. Learn more about protecting yourself online >
Please note that we are no longer accepting new applications for this product. Our dedicated team is available to support existing customers with any variations and modifications required to your home loan.
Why choose a Basic Home Loan?
From first-time buyers to investors - if you are looking for a simple, no-fuss home loan from a trusted lender that truly rewards your saving efforts - you've found it with a Basic Home Loan.
No monthly account keeping fees with our basic home loan.
Make additional repayments at any time without penalty1.
You can choose to pay weekly, fortnightly or monthly.
Withdraw any additional home loan repayments you have made as often as you like.
Split up to 4 accounts with a minimum split amount of $20,000 per account2.
Advertised Home Loan rates are for new, secured loans only and are subject to change at any time. All loans and securities are subject to our credit criteria. Establishment and, where applicable, legal fees apply. Terms and conditions apply and are available on request.
Minimum loan size is $350,000.
Comparison Rate calculated on a loan amount $150,000 over a term of 25 years based on monthly repayments. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
1. Without penalty, customers with fixed loan splits can make additional repayments of up to $1,000 per payment cycle, or increase their regular repayments by up to $1,000 per payment cycle.
2. Basic Home Loan is a low-cost home loan with limited features. It can’t be paired with any other products except a Standard Fixed Home Loan.