Interest Only in Advance (IOA) Interest Rates
The below rates include the 0.20% p.a. discount for Interest Only in Advance
LVR stands for the initial loan-to-value ratio. The interest rates below are for new loans, and won’t change during the life of your loan as the LVR changes.
- LVR[#]up to 70%: you’ll get an extra 0.10% p.a. discount off our standard interest rate if you’re borrowing less than 70% of our property valuation.
- LVR[#] above 70% up to 80%: our standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation.
- LVR[#] above 80%: an extra 0.30% p.a. will be added on top of our standard interest rate if you’re borrowing above 80% of our property valuation.
| Fixed Rate Term |
Annual Rate[#] |
Comparison Rate[#] |
| 1 year standard fixed rate less IOA discount |
6.74% |
9.25% |
| LVR up to 70% (Includes discount of 0.10% p.a.) |
6.64% |
9.15% |
| LVR above 70% up to 80% (no change to standard rate) |
6.74% |
9.25% |
| LVR above 80% (includes margin of 0.30% p.a.) |
7.04% |
9.55% |
| 2 year standard fixed rate less IOA discount |
6.64% |
8.99% |
| LVR up to 70% (Includes discount of 0.10% p.a.) |
6.54% |
8.89% |
| LVR above 70% up to 80% (no change to standard rate) |
6.64% |
8.99% |
| LVR above 80% (includes margin of 0.30% p.a.) |
6.94% |
9.29% |
| 3 year standard fixed rate less IOA discount |
6.84% |
8.83% |
| LVR up to 70% (Includes discount of 0.10% p.a.) |
6.74% |
8.73% |
| LVR above 70% up to 80% (no change to standard rate) |
6.84% |
8.83% |
| LVR above 80% (includes margin of 0.30% p.a.) |
7.14% |
9.13% |
| 4 year standard fixed rate less IOA discount |
7.04% |
8.74% |
| LVR up to 70% (Includes discount of 0.10% p.a.) |
6.94% |
8.63% |
| LVR above 70% up to 80% (no change to standard rate) |
7.04% |
8.74% |
| LVR above 80% (includes margin of 0.30% p.a.) |
7.34% |
9.04% |
| 5 year standard fixed rate less IOA discount |
7.04% |
8.59% |
| LVR up to 70% (Includes discount of 0.10% p.a.) |
6.94% |
8.49% |
| LVR above 70% up to 80% (no change to standard rate) |
7.04% |
8.59% |
| LVR above 80% (includes margin of 0.30% p.a.) |
7.34% |
8.89% |
Interest Only in Advance Interest Rates Under the Premier Advantage Package[#](PAP)
The below rates include the 0.20% p.a discount for Interest Only in Advance and a further discount of 0.20% for the Premier Advantage Package (PAP).
LVR stands for the initial loan-to-value ratio. The interest rates below are for new loans, and won’t change during the life of your loan as the LVR changes.
LVR[#]up to 70%: you’ll get an extra 0.10% p.a. discount off our standard interest rate if you’re borrowing less than 70% of our property valuation.
LVR[#]above 70% up to 80%: our standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation.
LVR[#] above 80%: an extra 0.30% p.a. will be added on top of our standard interest rate if you’re borrowing above 80% of our property valuation.
| Fixed Rate Term |
Annual Rate[#] |
Comparison Rate[#] |
| 1 year standard fixed rate less IOA and PAP discounts |
6.54% |
7.07% |
| LVR up to 70% (Includes further discount of 0.10% p.a.) |
6.44% |
6.97% |
| LVR above 70% up to 80% (no change to standard rate) |
6.54% |
7.07% |
| LVR above 80% (includes margin of 0.30% p.a.) |
6.84% |
7.37% |
| 2 year standard fixed rate less IOA and PAP discounts |
6.44% |
7.05% |
| LVR up to 70% (Includes further discount of 0.10% p.a.) |
6.34% |
6.95% |
| LVR above 70% up to 80% (no change to standard rate) |
6.44% |
7.05% |
| LVR above 80% (includes margin of 0.30% p.a.) |
6.74% |
7.35% |
| 3 year standard fixed rate less IOA and PAP discounts |
6.64% |
7.11% |
| LVR up to 70% (Includes further discount of 0.10% p.a.) |
6.54% |
7.00% |
| LVR above 70% up to 80% (no change to standard rate) |
6.64% |
7.11% |
| LVR above 80% (includes margin of 0.30% p.a.) |
6.94% |
7.41% |
| 4 year standard fixed rate less IOA and PAP discounts |
6.84% |
7.19% |
| LVR up to 70% (Includes further discount of 0.10% p.a.) |
6.74% |
7.09% |
| LVR above 70% up to 80% (no change to standard rate) |
6.84% |
7.19% |
| LVR above 80% (includes margin of 0.30% p.a.) |
7.14% |
7.50% |
| 5 year standard fixed rate less IOA and PAP discounts |
6.84% |
7.22% |
| LVR up to 70% (Includes further discount of 0.10% p.a.) |
6.74% |
7.12% |
| [LVR above 70% up to 80% (no change to standard rate) |
6.84% |
7.22% |
| LVR above 80% (includes margin of 0.30% p.a.) |
7.14% |
7.53% |