There are some great ways to save on your home loan!
|You started with...||And now could benefit more from...|
|A Basic Home Loan||Advantage Package - With a BankSA Advantage Package you may be eligible for discounted interest rates and fees.1|
|A variable rate home loan||Protecting yourself against potential interest rate rises with a Fixed Interest Rate or by splitting your home loan.|
|A fixed rate home loan||Making unlimited additional repayments to pay off your loan sooner on a Variable Rate loan (break cost may apply if you end your fixed rate term early).|
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.
1Advantage Package apply. A $395 annual package fee applies and is payable from a BankSA Complete Freedom transaction account. Before deciding to open a BankSA Complete Freedom account, read the Terms & Conditions, and consider if the account’s right for you.
2 Redraw requests are subject to our approval. Redraw Limits for Fixed rate loans commenced before 17 May 2020: During a fixed rate period, you can only redraw up to $10,000 in each 12 month period. For this purpose, a “12 month period” is the period from the date the fixed rate period started to the first anniversary of that date and each consecutive 12 months after that, during the fixed rate period. Redraw Limits for Fixed rate loans commenced on or after 17 May 2020: During a fixed rate period, you can only redraw available funds that you have paid into the loan during your fixed rate period, up to the prepayment threshold. For more information on the prepayment threshold see the Break costs section.
3Fixed Rate loan repayments up to $30,000 only, before break costs apply. For fixed rate loans taken up prior to 18 August 2019, prepayments of up to the $10,000 are allowed, before break costs. Redraw, repayments pause and rate lock requests are subject to our approval. Fees apply.