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If you want a loan with a low rate that can still give you access to the options you need, a First Option Home Loan could be best for you. First Option is competitively priced with options that you only pay for if you use them.
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| Loan maintenance fee |
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| Portability | Gives you the ability to change properties while maintaining the same loan account. Usual security criteria apply. | $350 per move |
| Progress draws | Allows you to draw funds when building for payments to builders and other contractors, so interest costs are reduced. Drawings must be completed within 12 months. | $95 per draw |
| Redraw | Gives you same day access to any available funds (for payments you have made over and above the normal scheduled payments) in your account. | Free to activate, $50 per redraw |
| Repayment holidays | Gives you the option of skipping full or partial repayments while you are ahead of your required payments. | $95 to activate |
| SmartPay | This option is not available on this loan. | N/A |
| Top-up | Allows you to increase your loan if you need further finance. Usual lending criteria apply. | $450 each |
| 100% Offset | This option is not available on this loan. | N/A |
| Parental leave | Gives you the opportunity to reduce your repayments by as much as 50% for a period of up to six months while you are on maternity or paternity leave. Only available after the initial 18 months of a loan but conditions apply. | $95 to activate |
Got a question about Home Loans? 
General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product. View our Australian Prudential Regulation Authority Registrable Superannuation Entity (RSE) Licence & Registration numbers.
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* The comparison rate for each of the home loan products contained on this page are based on a secured loan of $150,000 over a term of 25 years.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Details of the comparison rate schedule in respect of these home loan products can be obtained from any of our branches.
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