First Home Premium Package

An all in one package for first home buyers that allows you to save when you combine a home loan, credit card and transaction account.

Interest offset account and redraw facility⁴ are available with this home loan product.

3.29 % p.a. Interest rate 3.32 % p.a. Comparison rate

Home Loan Features
Minimum loan amount :	No minimum
Maximum LVR :	Up to 80% or 95% with Lenders Mortgage Insurance
Maximum loan term :	30 years
Interest charges :	Calculated daily, debited monthly
Repayment type :	Principal & Interest; Interest Only (conditions apply)
Repayment frequency :	Principal & Interest - weekly, fortnightly or monthly repayments allowed; Interest Only - monthly due 1st day of each month
Application fee :	$0
Monthly loan fee / Annual Package fee :	Nil / $375 p.a. charged annually in arrears
Extra repayments :	Unlimited
Interest offset :	Yes
Redraw :	Yes
In principle approval :	Yes
Lenders' Mortgage Insurance :	Yes, for LVRs over 80%
Loan preparation fees :	Refer to Fees & Charges brochure for current fees applicable
Increase/top up :	Yes
Second mortgage security :	Yes
Vacant land as sole security :	Yes

¹ Eligibility criteria, terms & conditions and fees & charges apply. Maximum loan to valuation ratio 80% without Lender’s Mortgage Insurance. You must direct your whole pay amount to the First Home Premium Transaction Account each pay day, or deposit a minimum of $2,000 each month, to qualify for ongoing transaction fee exemption.
² Comparison rate based on $150,000 loan over 25 years. 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.
³ Mortgage Insurance will be required if you borrow over 80% of the value of your home (or borrow an additional amount on your existing mortgage that brings the overall loan amount over 80% LVR).
⁴ Minimum redraw amount of $100 and $30 service fee applies.