Standard variable rate home loan

Why?
Features
Rates & fees
Details

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Why choose a Standard Variable Rate Home Loan?

Flexibility

Make unlimited additional repayments to pay off your loan sooner, with no break costs to pay in the event of early repayment.

Offset account

Full interest offset facility to help you save interest on your home loan.

Redraw

Redraw funds from any extra payments you have made, when you need it².

You also get…

Flexible repayments

Choose to make your repayments weekly, fortnightly or monthly.

Family Pledge

You could use the equity in a family member's home to avoid paying lender's mortgage insurance. Learn more

Package and save

With a BankSA Advantage Package you could get discounted interest rates and fees when you package your home loan, credit card and transaction account¹.

Take a break from repayments

You may be able to pause or reduce your repayments for a set period (keep in mind after the break your repayments may be higher for the rest of your loan term).²

Option to split your loan

Make part of your loan a fixed interest rate and part a variable interest rate.

Owner occupier

4.35% p.a
Standard Variable Rate
with Advantage Package.
Principal & Interest repayments.⁴
4.75% p.a
Comparison rate*

Investing in Property

4.92%p.a
Standard Variable Rate
with Advantage Package
Principal & Interest repayments.⁴
5.31% p.a
Comparison rate^*

Fees

$600 Establishment Fee³
$10 Monthly Administration fee
OR
$0 with Advantage Package¹

The Detail

Conditions, fees and credit criteria apply. Before making a decision, it’s best to read the terms and conditions.

Residential Loan Agreement

General Terms and Conditions.

Loan Accounts

Charges for specific services and accounts.

Advantage package

Terms and Conditions.

Start your application online

Learn how much you could borrow.

Receive indicative approval in under 15 minutes.

A home loan expert will call you once you have submitted your application to talk through next steps.

Find a lender

Find your nearest branch or mobile lender.

Enquire online

A BankSA home loan expert will call you back.

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Fixed Rate

Lock in your rate

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Important information

Conditions, fees and credit criteria apply.

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.

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

* Comparison 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.

Advantage Package:
annual fee of currently $395 applies, other fees may be payable. The fee savings apply for the duration of the package.
Redraw and repayment pause requests are subject to our approval. Fees apply.
Other upfront fees and costs may apply
Rate includes 0.8% p.a Advantage Package Limited Time Special Discount, applicable for loans with total borrowing amounts of $250,000 to $499,999. These special interest rate discounts are only available for Standard Variable Rate and Portfolio Variable Rate Advantage Package Home Loans. These are current offers and may be withdrawn at any time. These special interest rate discounts are instead of, and cannot be taken in addition to the standard Advantage Package discounts. If you apply after the end of this offer the standard Advantage Package discounts which will apply are available at https://www.banksa.com.au/personal/home-loans/home-loan-interest-rates

Standard Variable Rate Home Loan