Greater Bank Discount Great Rate Home Loan

The Greater Bank Discount Great Rate Home Loan offers variable rates from 2.19% p.a. (2.20% p.a. comparison rate*) and fixed rates from 3.09% p.a. (2.28% p.a. comparison rate*). Low deposit home loans.


Updated 22 May 2022

* See details below

Interest Rates
Enter scenario to see relevant rates
I want to borrow
with a deposit of
for my
Principal & Interest(% p.a.)
Rate
Type
Interest
Rate
Comparison
Rate*

Variable

2.19%

2.20%

1 Year Fixed

3.09%

2.28%

2 Year Fixed

4.09%

2.52%

3 Year Fixed

4.29%

2.72%

4 Year Fixed

4.89%

3.09%

5 Year Fixed

4.99%

3.33%

Interest Only(% p.a.)
Rate
Type
Interest
Rate
Comparison
Rate*

Variable

2.29%

2.30%

1 Year Fixed

3.19%

2.29%

2 Year Fixed

4.19%

2.54%

3 Year Fixed

4.39%

2.75%

4 Year Fixed

4.99%

3.12%

5 Year Fixed

5.09%

3.37%

Product Details
Our simple, low rate loan that’s perfect if you’re after great value and no ongoing fees. Our Great Rate loan doesn’t just live up to its name – it also comes with flexible repayment options which could allow you to pay it off sooner."
- Greater Bank
Fees

•

$0 establishment fee

•

$0 annual fee

Other fees may apply.

Loan Amount

•

From $150,000

Feature

•

No ongoing fees

•

Split your loan into fixed and variable rate portions

•

Make extra repayments

•

Redraw extra repayments that you have made from variable rates

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the Greater Bank website.

More information
* Comparison rate is based on a secured loan of $150,000 over a 25 year term. 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.
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