Skip to main content

Home loans

Home loans
Banking

Buying a home, refinancing or need to renovate?

Whatever your situation, we can offer support from our team of experienced lending specialists, who are here to provide you with a helping hand to help get you into your home faster.

Father and daughter playing

We're proud to provide you with real value

Competitive rates

Offset and redraw facilities available

Flexible repayment options

Fast approval

3.79 % p.a
Variable and comparison rate

Basic Home Loan

Rate type Principal and interest
Purpose To live in
Variable rate* From 3.79% p.a.
Comparison rate From 3.79% p.a.
Application fee waived
Loan package fee waived
Upfront costs covered
Fee free offset account
Fee free redraw facility
Fee free additional repayments
New and established dwellings and off the plan purchases
House and land packages and construction loans
Minimum loan amount $200,000
Maximum loan amount $1,500,000
Minimum deposit^ 40%

Standard Home Loan

Rate type Principal and interest
Purpose To live in
Variable rate* From 4.09% p.a.
Comparison rate From 4.09% p.a.
Application fee waived
Loan package fee waived
Upfront costs covered
Fee free offset account
Fee free redraw facility
Fee free additional repayments
New and established dwellings and off the plan purchases
House and land packages and construction loans
Minimum loan amount $200,000
Maximum loan amount $1,500,000
Minimum deposit^ 40%

For all our interest rates please refer to the Interest Rates Schedule.

* Rate advertised is for a minimum deposit of 40%. See our Interest Rates Schedule for more information.
^ Other rates apply for deposits less than 40%. See our Interest Rates Schedule for more information.

Ready to take the next step?

Applications are straightforward, and our team of lending specialists are here to discuss your options.

Need information or help? Our team of lending specialists are here for you from application to settlement. Call us on 1300 221 479

Tools to help you prepare

Thinking about refinancing your home loan?

General information

We’ll waive your:

  • application fee
  • mortgage documentation fee
  • valuation fee, and
  • mortgage registration and discharge fees.

Our standard home loan comes with fee free access to a redraw facility and offset account

Refinancing fees and charges may apply, such as exit fees from your current provider.

For a full list of fees and charges, please view our Schedule of Fees and Charges.

Online applications take less than 20 minutes to complete.

Provided we’ve been able to verify your identify online and you meet our lending criteria, we’ll be able to issue a conditional approval instantly.

To apply for a loan, you need to:

  • be 18 years or older
  • an Australian citizen or permanent resident, and
  • currently employed.

Comparison rate calculated on $150,000 loan over 25 years. Care should be taken in using this comparison rate. The comparison rate is accurate only for the example given as other factors including government fees and charges, redraw fees or fees for early repayment, may influence the final cost of the loan.

 

*All depositors are protected by the Government guarantee. For further details, please refer www.fcs.gov.au.

This information is intended to be general only and has been prepared without taking into account your objectives, financial situation or needs. Because of that, you should consider its appropriateness, having regard to your objectives, financial situation and needs before acting on any such information. You should obtain and consider the relevant Target Market Determination (TMD), General Terms, Product Disclosure Statement (PDS), Fees and Charges Schedule and Interest Rate Schedule before making a decision about whether to acquire or continue to hold the relevant product.

Issued by Challenger Bank Limited (ABN 54 087 651 750, AFSL/Australian Credit Licence 245606) which is an authorised deposit-taking institution (ADI) regulated by the Australian Prudential Regulation Authority. Challenger Bank Limited is a part of the group of companies constituted by Challenger Limited and its subsidiaries (Challenger Group). No other entity in the Challenger group apart from Challenger Bank Limited is an ADI, and that entity's obligations does not represent deposits or other liabilities of Challenger Bank Limited. Challenger Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.