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Features & benefits

Life can be uncertain, but your home loan doesn't have to be. Lock in your interest rate and have the peace of mind your repayments will be the same.

Or, split your home loan with a variable portion and have the best of both worlds!
Repayment certainty
Lock in a fixed rate for either one, two, three or five years and you can budget more easily, knowing your exact repayments.
Fee free extra repayments
Enjoy the flexibility to make up to $5,000 in total extra repayments during your fixed rate term.3
Redraw your extra repayments for free
Access your additional home loan repayments with our free redraw facility . Just in case you need it.4

Looking to buy but unsure of your budget? Pre-approval can help.

You can apply for pre-approval even before you’ve found your property and be one step closer to a successful home purchase.

Rates & fees

Compare our competitive interest rates.
For further comparison see all our home loan interest rates

Download the Key Facts Sheet for this home loan.


Loan type
Loan purpose
Interest Rate 2
Comparison Rate^
1 year
2.19% p.a.
2.79% p.a.
2.69% p.a.
2.79% p.a.
4.28% p.a.
4.34% p.a.
4.82% p.a.
4.83% p.a.
2 years
1.89% p.a.
2.79% p.a.
2.19% p.a.
2.29% p.a.
4.04% p.a.
4.20% p.a.
4.53% p.a.
4.55% p.a.
3 years
1.97% p.a.
2.35% p.a.
2.45% p.a.
3.86% p.a.
4.35% p.a.
4.38% p.a.
5 years
2.59% p.a.
2.99% p.a.
3.09% p.a.
3.75% p.a.
4.23% p.a.
4.27% p.a.

Loan type T&Cs apply.6


Establishment Fee
Security Administration Fee
Monthly Fee
Annual Fee

Other fees may apply5.

How to apply
Start your application for your new home or investment property today.
The process
1. Get started online
You may be able to apply for a home loan online. Simply check if you qualify online and begin the application process.

If you are unable to apply online, don’t worry, one of our friendly home loan specialists will contact you to kick-start your application.
2. We’ll be in touch
Once we know a bit more about you and what you are looking for, we’ll contact you to help you on your home buying journey.

Prefer to talk to someone? Call us on 133282 or visit your nearest Great Southern Bank branch
  • Must be at least 18 years of age
  • Be a permanent resident of Australia
Eligibility for Owner Occupiers
  • Principal & Interest repayment: 95% maximum Loan to Value Ratio (LVR) including Lenders Mortgage Insurance (LMI)
  • Interest Only repayment: 80% maximum LVR including LMI
Eligibility for Investors
  • Principal & Interest repayment: 90% maximum LVR including LMI
  • Interest Only repayment: 90% maximum LVR including LMI
What you will need:
  • Proof of identity, such as a passport or drivers license.
  • Details of your income and expenses.
  • Financial details, including what you own and what you owe.
  • If you are applying with another person, both applicants need to be present.
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Get in touch
We're here to help.
Call 133 282

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Sat: 8:00am - 4:00pm (AEST)

Find a branch
Speak to one of our friendly staff at a branch near you.
Connect online
Chat to us or browse help topics and FAQs.

Discover our other home loans

Basic Variable Home Loan

Our low variable rate plus handy features to help you pay your home off sooner.

Offset Variable Home Loan

100% offset home loan.

Important Information

Rates current as at 30 July 2021 and subject to change.

Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions and fees apply. Applications are subject to credit approval.

1Fixed Rate loans are available to (a) new home loans with a minimum application amount of $100,000; or (b) switching or restructuring of existing home loans. Not available for construction loans.

2On expiry of the fixed rate period, the loan reverts to the Standard Variable Principal & Interest Owner Occupier or Investor Reference Rate (as applicable) which applies at the time of expiry.

3A daily transfer will refund any amounts paid in advance in excess of the total advance repayments allowed during the fixed rate period unless sufficient to pay out the loan in full (in which case an Early Payout Fee may apply). Excess funds will be transferred to the nominated deposit account, which must remain open for the fixed rate period.

4A $200 minimum withdrawal amount applies for redraws conducted in-branch.

5An early payout fee may apply if the loan is terminated during the fixed rate period. A partial early payout fee may apply if a reduction to the principal is requested during the fixed rate period. Click here to view the Early Payout Fee Factsheet.

6For Interest Only loans, a maximum interest only period of 24 months applies for owner occupier loans and 60 months for investment loans. The interest only period must align with the fixed rate period. On expiry of the interest only period, the loan will revert to the Standard Variable Principal & Interest Reference Rate applicable at the time. Comparison rate for Interest Only loan is based on interest only payments for the fixed term and principal & interest payments for the balance of the term.

^ Comparison rate accurate for $150,000 secured 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.