Our rates and fees
Interest rates for new home loans
*Maximum LVR of 90% for investment products plus capitalised LMI
SmartFix owner occupied products roll to an owner occupied variable rate of 4.49%. SmartDoc owner occupied products roll to an owner occupied variable rate of 5.25%.
Compare our products
SmartFix investment products roll to an investment variable rate of 4.74%. SmartDoc investment products roll to an investment variable rate of 5.40%.
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 SmartFix rates are calculated on the basis that they roll to the variable SmartFit rate at the end of the initial term. All SmartDoc Fixed rates are calculated on the basis that they roll to the variable SmartDoc rate at the end of the initial term. All comparison rates are calculated with a nil offset balance.
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 the cost of the loan.
Key Facts Sheet
Fees and charges explained
Payable to the Bank to assess, process and prepare the loan documentation necessary to enable the home loan to settle.
|Payable to the Bank to settle the loan.
Potential upfront fees charged by other parties
|Lenders Mortgage Insurance (LMI)
An insurance that we may require you to pay that insures us against non payment or default against your home loan.
If you default under your mortgage, resulting in the sale of the security property and the sale proceeds are insufficient to fully repay your loan, the Bank may incur a loss. We may recover this loss under the lenders mortgage insurance policy. However, you are still legally responsible for repaying the amount outstanding under the mortgage because you are not protected by the lenders mortgage insurance policy.
|Stamp duty (calculate stamp duty)
||Stamp duty is the tax imposed by the state government on mortgage documents and the property. The applicable laws and amounts vary from state to state, however you can work out how much may apply to your situation using our Stamp Duty Calculator.
| Legal fees
||Legal fees are paid by the borrower when the Bank engages a legal representative to act on its behalf in connection with the preparation of the loan contract and/or security.
Monthly / ongoing fees
Payable monthly for the ongoing maintenance of your loan.
| All other home loans
|| $15 per month
| Discharge administration fee
||Payable for each security attached to a home loan that is partially or fully discharged at your request.
| Break costs
||A fee charged when a fixed rate is broken (by closing the loan or breaking the contract) to cover the Bank's loss incurred as a result of differences in interest rates between the start of the fixed rate contract and the day that the contract is broken.
Download our Fees and Charges brochure
Terms, conditions, fees and charges apply. All information is correct as at 29 August 2016 and is subject to change. Full details available on application. Lending criteria apply. Adelaide Bank a Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178. Australian Credit Licence/AFSL 237879. GPO Box 1048, Adelaide SA 5001.
Please note, these rates are applicable to new business only.