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
Apply via Online Banking, select "Apply for a Loan" (Members only)
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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Rate Lock
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Take advantage of the current interest rate for 90 days, apply for a Rate Lock (Fees apply)
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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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Loan Setup Costs
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Yes - Refer to Loan Fees.
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Account Keeping Fees
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None
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Loan 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
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Apply Now
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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
Apply via Online Banking, select "Apply for a Loan" (Members only)
* Important Information
1. Applications are subject to our normal credit assessment criteria.
2. Terms and Conditions apply and together with interest rates are subject to change. Details of Fees and Charges are available.
3. 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.
4. Comparison rates are based on a loan amount of $150,000 over 25 years.
5. Loan Fees and charges apply. Other Fees and Charges may apply.
6. In relation to an Offset Savings Account, please view our Terms and Conditions and Financial Services Guide. Any advice provided does not take into account your personal circumstances or needs. You should consider whether the product is right for you.