Bank Australia Home Loans
What home loans does Bank Australia offer?
If you’re currently considering a home loan, the comparison table below displays some of the variable rate home loans on our database from Bank Australia that are available for first home buyers. This table is sorted by Star Rating (highest to lowest), followed by comparison rate (lowest-highest). Products shown are principal and interest home loans available for a loan amount of $350K in NSW with an LVR of 80% of the property value. Before committing to a particular home loan product, check upfront with your lender and read the applicable loan documentation to confirm whether the terms of the loan meet your needs and repayment capacity. Use Canstar’s home loan selector to view a wider range of home loan products.
*Comparison rate based on loan amount of $150,000 and a term of 25 years. Read the Comparison Rate Warning
Bank Australia home loan features
Depending on which option you choose, a Bank Australia home loan may offer the following features:
- Redraw facilities available on variable rate loans (not available during fixed or interest only period of loan)
- Split loan option available
- Optional interest-only repayments
- Repayments may be made weekly, fortnightly, or monthly
- Ability to make unlimited additional repayments on selected loans (a break fee may apply to extra repayments on fixed rate loans)
- No penalties for repaying the loan early on selected loans
- Repayments may be paused for maternity/paternity leave or for energy saving purposes, such as using the funds to install water tanks or energy saving devices instead
The inclusions above represent a selection of the features available with Bank Australia home loans. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about the products on offer from this provider. Check upfront with Bank Australia and please ensure that you read the product disclosure statement (PDS) or other loan documentation to determine all the current loan terms and conditions for the product you are considering and whether it meets your needs, before committing to it.
