## Interest rates for new home loans

### Owner occupied

**Variable rates**

Effective from 23/05/2022

Loan | Principal & interest | Principal & interest comparison rate* | Interest only^{#} |
Interest only comparison rate* |
---|---|---|---|---|

SmartFit (≤80% LVR) 100% Offset | 2.29% p.a. | 2.53% p.a. | 3.29% p.a. | 2.87% p.a. |

SmartFit (≤90% LVR) 100% Offset | 3.09% p.a. | 3.32% p.a. | 3.53% p.a. | 3.46% p.a. |

SmartFit (>90% LVR) 100% Offset | 3.73% p.a. | 3.95% p.a. | N/A | N/A |

SmartSaver (≤80% LVR) | 2.29% p.a. | 2.33% p.a. | 3.29% p.a. | 2.70% p.a. |

SmartSaver (≤90% LVR) | 3.09% p.a. | 3.13% p.a. | N/A | N/A |

SmartSaver (>90% LVR) | 3.73% p.a. | 3.77% p.a. | N/A | N/A |

**Fixed rates ^{^2}**

Effective from 23/05/2022

Loan | Principal & interest | Principal & interest comparison rate* | Interest only^{#} |
Interest only comparison rate* |
---|---|---|---|---|

1 year SmartFix 100% Offset | 3.64% p.a. | 3.37% p.a. | 4.84% p.a. | 3.47% p.a. |

2 year SmartFix 100% Offset | 4.59% p.a. | 3.58% p.a. | 5.29% p.a. | 3.69% p.a. |

3 year SmartFix 100% Offset | 4.84% p.a. | 3.77% p.a. | 5.24% p.a. | 3.85% p.a. |

4 year SmartFix 100% Offset | 4.99% p.a. | 3.96% p.a. | 5.29% p.a. | 4.02% p.a. |

5 year SmartFix 100% Offset | 5.04% p.a. | 4.11% p.a. | 5.54% p.a. | 4.27% p.a. |

1 year SmartSaver Fixed | 3.64% p.a. | 3.18% p.a. | 4.84% p.a. | 3.28% p.a. |

2 year SmartSaver Fixed | 4.59% p.a. | 3.39% p.a. | 5.29% p.a. | 3.51% p.a. |

3 year SmartSaver Fixed | 4.84% p.a. | 3.58% p.a. | 5.24% p.a. | 3.67% p.a. |

4 year SmartSaver Fixed | 4.99% p.a. | 3.77% p.a. | 5.29% p.a. | 3.84% p.a. |

5 year SmartSaver Fixed | 5.04% p.a. | 3.93% p.a. | 5.54% p.a. | 4.10% p.a. |

### Investment

**Variable rates**

Effective from 23/05/2022

Loan | Principal & interest | Principal & interest comparison rate* | Interest only^{#} |
Interest only comparison rate* |
---|---|---|---|---|

SmartFit (≤80% LVR) 100% Offset | 2.68% p.a. | 2.91% p.a. | 3.08% p.a. | 3.04% p.a. |

SmartFit (≤90% LVR) 100% Offset | 3.29% p.a. | 3.52% p.a. | 3.53% p.a. | 3.58% p.a. |

SmartSaver (≤80% LVR) | 2.68% p.a. | 2.72% p.a. | 3.08% p.a. | 2.86% p.a. |

SmartSaver (≤90% LVR) | 3.29% p.a. | 3.33% p.a. | N/A | N/A |

**Fixed rates ^{12}**

Effective from 23/05/2022

Loan | Principal & interest | Principal & interest comparison rate* | Interest only^{#} |
Interest only comparison rate* |
---|---|---|---|---|

1 year SmartFix 100% Offset | 3.84% p.a. | 3.57% p.a. | 3.94% p.a. | 3.57% p.a. |

2 year SmartFix 100% Offset | 4.79% p.a. | 3.78% p.a. | 4.89% p.a. | 3.79% p.a. |

3 year SmartFix 100% Offset | 5.04% p.a. | 3.97% p.a. | 5.14% p.a. | 3.97% p.a. |

4 year SmartFix 100% Offset | 5.19% p.a. | 4.16% p.a. | 5.29% p.a. | 4.15% p.a. |

5 year SmartFix 100% Offset | 5.24% p.a. | 4.32% p.a. | 5.34% p.a. | 4.31% p.a. |

1 year SmartSaver Fixed | 3.84% p.a. | 3.38% p.a. | 3.94% p.a. | 3.39% p.a. |

2 year SmartSaver Fixed | 4.79% p.a. | 3.59% p.a. | 4.89% p.a. | 3.61% p.a. |

3 year SmartSaver Fixed | 5.04% p.a. | 3.78% p.a. | 5.14% p.a. | 3.80% p.a. |

4 year SmartSaver Fixed | 5.19% p.a. | 3.97% p.a. | 5.29% p.a. | 3.98% p.a. |

5 year SmartSaver Fixed | 5.24% p.a. | 4.13% p.a. | 5.34% p.a. | 4.14% p.a. |

## Fees and charges

## Things you should know

All lending interest rates are subject to change. Rates are for new lending only. Fees and Charges may be applicable and can be found in the Lending Fees and Charges Guide.

***Important information about comparison rates**

The comparison rates displayed are calculated for a loan amount of $150,000 over a 25 year loan term. All comparison rates are calculated with a nil offset balance. Comparison rates for Interest Only variable rate loans are based on an initial 5 year Interest Only period and 20 years of Principal & Interest. **WARNING:** This comparison rate applies only to examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence that cost of the loan.

**^Rates apply for all new loans applied for after 23/05/2022**

Rates may vary depending on individual customer circumstances

SmartFix owner occupied P&I maximum 80% LVR products roll to an owner occupied variable P&I product.

SmartSaver Fixed owner occupied P&I maximum 80% LVR products roll to an owner occupied variable P&I product.

SmartFix owner occupied IO maximum 80% LVR products roll to an owner occupied variable IO product.

SmartSaver Fixed owner occupied IO maximum 80% LVR products roll to an owner occupied variable IO product.

SmartFix owner occupied P&I above 80% LVR products roll to an owner occupied variable P&I product.

SmartSaver Fixed owner occupied P&I above 80% LVR products roll to an owner occupied variable P&I product.

SmartFix owner occupied IO above 80% LVR products roll to an owner occupied variable P&I product.

SmartSaver Fixed owner occupied IO above 80% LVR products roll to an owner occupied variable P&I product.

^{#}Interest Only available up to 5 years, with max LVR 80%.

^{1}Rates apply for all new loans applied for after 23/05/2022

Rates may vary depending on individual customer circumstances

SmartFix investment P&I products roll to an investment variable P&I product rate of 3.29% p.a.

SmartSaver Fixed investment P&I products roll to an investment variable P&I product rate of 3.29% p.a.

SmartFix investment IO products roll to an investment variable IO product rate of 3.53% p.a.

SmartSaver Fixed investment IO products roll to an investment variable IO product rate of 3.53% p.a.

** ^{2}**All SmartFix rates are calculated on the basis that they roll to the variable SmartFit product rate at the end of the initial term. All SmartSaver Fixed rates are calculated on the basis that they roll to the variable SmartSaver product rate at the end of the initial term. Fixed rate Interest Only loans are calculated as Interest Only for the duration of the fixed term, rolling to Principal & Interest for the rest of the loan term. During an Interest Only period, Interest Only payments will not reduce the loan balance and so more may have to be paid over the life of the loan.