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Fixed Rate Home Loans

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SERVICE ONE Alliance Bank fixed rate home loan options give you the choice of fixing all or part of your loan, and offer between 1 and 5-year terms. This gives you certainty around repayment amounts as your loan is not subject to interest rate movements during the fixed period. A summary of fixed rate loan features is offered below:

Competitive interest rates

1-year 4.44% p.a. (interest rate) 4.71% p.a. (comparison rate)^ (OO)
2-year 4.04% p.a. (interest rate) 4.63% p.a. (comparison rate)^ (OO)
3-year 4.24% p.a. (interest rate) 4.63% p.a. (comparison rate)^ (OO)
4-year 4.64% p.a. (interest rate) 4.74% p.a. (comparison rate)^ (OO)
5-year 4.64% p.a. (interest rate) 4.75% p.a. (comparison rate)^ (OO)

OO = owner occupied

At the end of the fixed period, you will have the choice of what product your loan reverts to at no cost. Unless you advise otherwise, the loan will revert to the Standard Variable Home Loan rate tier that applies to your loan amount at funding. Rates stated are for owner occupied. These loan options are also available for investment purposes and as interest only options. View all interest rates.

Flexible repayments Monthly repayments, or your choice of fortnightly or weekly - helping you reduce the term of your loan, saving you money.
Redraw facility+ You can withdraw all or part of any extra repayments you make against your loan.
Loan offset facility+~ A partial offset facility is available on fixed rate loan options to offset part of your savings balances against your loan balance.
Additional variable and lump sum repayments Own your home sooner by making variable and lump sum repayments.
Tailored borrowing amounts Borrow up to 80% of the property value or up to 95% of the property value with Lender's Mortgage Insurance.
Auto repayments (salary/account) Easy and convenient repayments to avoid late fees.
Loan Repayment Insurance This insurance helps you cover your loan repayments should the unexpected occur.

In addition:

  • You can choose to split your loan between variable and fixed rates - at a ratio that suits you!
  • Conditional approval can be granted quickly upon receipt of your application.
  • You will take advantage of discounts on your everyday banking.*
  • By having a home loan with SERVICE ONE Alliance Bank, you can enjoy a Visa card at the Standard Variable Home Loan rate.#
  • You can access a Deposit Power Guarantee if you need help with the cash deposit on a residential property purchase.

^Comparison rate calculated on a secured loan amount of $150,000 over a term of 25 years based on monthly repayments. Calculated using the $50,000 - $249,999 standard variable tier.

WARNING: This comparison rate applies only to the example or 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 the cost of the loan.

~Refer to the Loan Offset Facility Request/Variation form for terms and conditions - available upon request or application.

*Discounts on everyday banking will depend upon your average relationship balance (including loan balances). View the Schedule of Fees and Charges for more information.

#An additional benefit of having a SERVICE ONE Alliance Bank home loan is it allows you to enjoy a Visa Card (conditions apply) at the Standard Variable Home Loan interest rate.

Terms and conditions apply and fees and charges are payable. Lending criteria apply. Full details available on application. Some loan services may require a separate application and are subject to assessment.

After even more options?

Options are available to tailor your loan to your own needs and individual circumstances. It's all about making sure your loan arrangements are relevant to you. So whether you're building your new home, considering help from family to get into your first home or moving to a new home and want to take your existing SERVICE ONE Alliance Bank loan with you, find out how it's your home loan, your way.

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