Concerned interest rates may rise in the next few years? A fixed rate loan helps you know exactly what your repayments will be - so you can be more confident with your budget for other expenses.
You can lock in the rate for your entire loan for 1, 2 or 3 years – or fix a portion and leave the rest variable. When a fixed term expires, the loan reverts to the prevailing standard variable rate.
Contact us online about a new home loan
Download and print a new home loan application form
Fixed Rate Period
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Choose a 1, 2 or 3 year fixed interest rate
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Ability to Split
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Your fixed rate portion can be split and combined with a Variable Rate Home Loan – giving you options for both flexibility and security
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Loan Amount
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- Minimum $50,000
- Maximum 95% of security property valuation
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Lenders Mortgage Insurance
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Applicable if you borrow more than 80% of security property valuation
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Loan Term
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Up to 30 years
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Repayment Options
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- Weekly
- Fortnightly
- Monthly
- Principal plus interest
- Interest only (up to 3 years)
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Additional Repayments
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No restrictions, however you may have to pay a fee if you repay your entire loan prior to expiry of the fixed rate period
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100% Offset Option
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At the end of your fixed rate period, you have the option to convert to a Variable Rate Home Loan and combine an Offset Savings Account to reduce the interest on your loan by offsetting your everyday savings
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Application Fee
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None
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Setup Costs
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You may be required to reimburse Gateway for specific third party costs such as legal fees, valuation of security property and Government charges (details on request)
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Account Keeping Fees
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None
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Contract Fees
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Over the life of your loan contract, Government charges, credit fees and other charges may apply (details on request)
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| Online Application |
Apply Now |
Contact us online about a new home loan
Contact us online about your existing Gateway home loan
Download and print a new home loan application form
1. Applications are subject to our normal credit assessment criteria.
2. Terms and Conditions apply and together with interest rates are subject to change.
3. Details of fees and charges are available on request.