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Re-fix and secure a new term

It's easy. As an existing home loan customer, you can do it in three simple steps if your fixed rate term is soon to end. Or, if it has already expired, give us a call.
Step 1
Log into Internet Banking or open your BankSA App and select your home loan.
Step 2
Under Interest rate type, find the View options link.
Step 3
Choose your new fixed rate term and confirm.

Why re-fix?

Lock in some certainty

Know exactly what your repayments will be each month.

Protect against rate rises

If interest rates rise your repayments will stay the same.

Budget with confidence

Know your monthly outlay so you can plan ahead.

Want to talk?

Trouble re-fixing your home loan online, want to ask a question or has your fixed rate term already expired?

Our home loan experts can give you a hand. Call 13 13 76, 7:30am-7:30pm, Monday-Saturday, or request a call back.

Our featured home loan rate


Fixed Rate Home Loan

For new Owner Occupier (Principal & Interest) packaged4 home loans, $395 annual package fee applies. LVR+ above 60% up to 80%. If you’re an existing BankSA Home Loan customer, find out how to manage your home loan.

2.94% p.a.
1 year fixed rate
3.85% p.a.
Comparison rate*
3.84% p.a.
2 year fixed rate
3.96% p.a.
Comparison rate*
4.34% p.a.
3 year fixed rate
4.12% p.a.
Comparison rate*
4.54% p.a.
4 year fixed rate
4.25% p.a.
Comparison rate*
4.74% p.a.
5 year fixed rate
4.41% p.a.
Comparison rate*


$0 Lending establishment fee6
$0 Loan account fee
$395 with Advantage Package4
0.15% Fixed rate - lock-in fee (minimum fee amount $500)

What is Rate Lock and how do I apply?

With the Rate Lock2 feature, you can lock in the current fixed interest rate at the time of your loan approval. This way, for a fee, you are protected from the possibility of rising interest rates. If the current rate falls below your 'locked in’ rate on your settlement date, you'll be given the lower rate. Rate Lock will hold the current fixed rate for up to 90 days after you have locked in the rate for a fee of 0.15% of the loan amount (minimum fee amount $500, maximum charge is capped at $1,000 for loans up to $2M, and 0.15% of the loan amount for loan above $2M). Once approved, you will need to pay the fixed rate - lock-in fee at settlement.

To apply for the Rate Lock feature, you can speak directly with your Home Finance Manager or Broker.

Make a calculated choice

Split flexibility and security

Get the best of both worlds and split your loan.

Weigh up all your options

Find a home loan that meets your current needs.

Calculate then commit

Make sure the numbers stack up in your favour.

Important information

Credit criteria, fees and charges apply. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian Resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions:

Please read these documents and keep a copy. You can request a paper copy at a branch.

Fixed rate home loan: The Bank will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences. At the end of the fixed rate period the interest rate will convert to the applicable variable home loan interest rate. 

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 13 76.

 Tax consequences may arise from promotions for investors and customers should seek independent advice on any taxation matters.

1Comparison Rate: The comparison rate is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

2Rate Lock: BankSA will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences, unless the customer locks a fixed rate in on the loan using our Rate Lock feature. The fixed rate - lock-in fee is 0.15% of the loan amount or $500, whichever is higher, capped at $1000 for loans up to $2 mil. For loans above $2mil, the fixed rate - lock-in fee is 0.15% of the loan amount. At the end of the fixed rate period the interest rate will convert to the applicable variable interest rate.

6Upfront fees and other fees and charges may apply.

*Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible BankSA transaction account. An Advantage Package discount has been included in the advertised eligible rate. The discount and fee savings apply for the duration of the package. Before deciding to acquire a BankSA transaction account, read the terms & conditions, and consider if the product is right for you.

+LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the banks valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan. Any applicable LVR discount has been included in the advertised eligible rate.

#Basic Home Loan Promotional Principal and Interest Rate: This offer is only available for new Owner Occupier Basic Home Loan applications with Principal and Interest repayments received from 24/03/2022. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.