Calculate the upfront costs of buying a home.
Apply for a home loan
Whatever your home buying dreams, our team of specialists can help guide you through the process step by step.
Complete the form and we’ll connect you with one of our experienced Home Loan Specialists to discuss your goals, eligibility and next steps.
When you’re ready, we’ll help you prepare and submit your application.
Once your application is ready for assessment, your specialist will guide you from approval to settlement.
Home loan handy helpers
Heard some home loan lingo but are unsure what it means? Find the answers, explained in human terms, right here. No “bank-speak” allowed.
- While your deposit will be the biggest upfront cost, there are few more upfront costs you’ll need to be prepared for.
Set aside some extra funds for some common costs like building and pest inspections, solicitor or conveyancing fees, bank fees mortgage registration and transfer fees for when you've found a property. Plus, stamp duty if you’re required to pay it.
If your deposit is less than 20% of the purchase price you may also need to pay for Lenders' Mortgage Insurance (LMI). - For those breaking free from the share house life, it’s a good idea to budget for furniture and appliances you don’t currently own.
- These items don’t have to be new by the way, you can always check out the second-hand market snap up a bargain just in time for moving day.
Still saving for a deposit? Learn some clever ways to save faster.
First home buyers may be eligible for an exemption or concession on stamp duty. You can check with your local State or Territory Revenue Office for more information.
If you are buying your first home you may be eligible for one of the State or Federal Government Schemes providing financial assistance to first home buyers.
For more information on the Federal Government’s Home Buyer Schemes and to check your eligibility, visit the Housing Australia website.
HOME LOANS
- Competitive rates
- Fee-free extra repayments
- Smart tools and clever features to help you own your home sooner
Rates are current as at 22 May 2026 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.
1 Discounts off the Basic Variable Reference Rate are available to (a) new home loans with a minimum application amount of $100,000; or (b) switching or restructuring of the home loan you already have with us when it includes new borrowing of at least $10,000; for new home loan applications unconditionally approved on or after 22 May 2026. Published interest rates are inclusive of any discounts off the respective Reference Rates. Interest rates and discounts vary based on the loan purpose (owner occupier and investor), repayment type (principal and interest, interest only, construction) and Loan to Value Ratio (LVR). Maximum LVR applies and includes Lenders' Mortgage Insurance and Great Southern Bank loan setup fees where applicable.
2 Great Southern Bank may withdraw or amend this offer at any time without notice. A change in your loan purpose, your repayment type or your loan product will permanently end your entitlement to the discount.
3 LVR means ‘Loan to Value Ratio’. It is the amount of your loan divided by the valuation of your property, calculated as a percentage. For example, if you apply for a loan of $400,000, which will be secured by a property valued at $500,000, your LVR is 80%. We calculate your LVR at the time we approve your loan and your discount won’t change because of changes to the LVR during the life of your loan.
^ 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.
#Offer includes $0 Establishment Fee and is open to new or existing customers applying for a minimum application amount of $100,000 or more. Excludes applications for Internal Refinance of existing facilities. Applications must be received between 31/08/2022 and 31/07/2026 and settled by 31/10/2026. To be eligible to apply you must be at least 18 years of age and a permanent resident of Australia. Great Southern Bank may withdraw or amend this offer at any time without notice.
If you're looking to buy a property but aren't sure if you can get the home loan you need, pre-qualification can make your path forward clearer.
Use pre-qualification to tell us your plans, income, debts and expenses, and we'll give you a good indication of how much you might be able to borrow.
- It's free
- There’s no commitment
- No credit checks
- It only takes five minutes
What's the difference between pre-approval and pre-qualification?
Think of pre-qualification as the free sample you get at an ice cream shop. There’s no commitment. You’re just discovering what’s on offer to you.
Pre-approval is when you’re serious about buying. You formally apply for a home loan and give us detailed information about your financial and employment situation. We also run a credit check to review your credit history. You’ll end up with a definitive amount that you can borrow so you can start making offers on properties.