Our rates and fees

Interest rates for new home loans

Variable rate

  Owner Occupied Investment
Effective from 07/04/2017 Interest rate Comparison rate

Interest rate

Comparison rate

 Variable SmartFit 
(LVR less than 90%, investment max LVR 80%)

4.09% 4.31% 4.79% 5.00%

 Variable SmartFit 
(LVR greater than 90%)*

4.49% 4.70% N/A N/A

 Variable SmartSaver 
(LVR less than 90%, investment max LVR 80%)

4.04% 4.08% 4.74% 4.78%

 Variable SmartSaver 
(LVR greater than 90%)*

4.39% 4.43% N/A N/A

 Variable SmartDoc

5.25% 5.46% 5.75% 5.95%

 Variable SmartDoc Plus

5.39% 5.60% 5.89% 6.09%

*Maximum LVR of 80% for investment products 


Fixed rate
  Owner Occupied Investment
Effective from 07/04/2017 Interest Rate Comparison Rate  Interest Rate Comparison Rate

 1 year SmartFix

4.17%

4.67%

4.27% 5.13%

 2 year SmartFix

4.35%

4.68%

4.45% 5.10%

 3 year SmartFix

4.48%

4.70%

4.58% 5.09%

 4 year SmartFix

4.60%

4.74%

4.70% 5.10%

 5 year SmartFix

4.70%

4.79%

4.80% 5.12%

 1 year SmartDoc

5.17%

5.45%

5.27% 5.91%

 2 year SmartDoc

5.35%

5.48%

5.45% 5.90%

 3 year SmartDoc

5.48%

5.52%

5.58% 5.91%

 4 year SmartDoc

5.60%

5.58%

5.70% 5.94%

 5 year SmartDoc

5.70%

5.65%

5.80% 5.98%

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%.
SmartFix investment products roll to an investment variable rate of 4.99%. SmartDoc investment products roll to an investment variable rate of 5.75%.

 Compare our products

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. 

arrow-left Key Facts Sheet

Fees and charges explained


Upfront fees


Application fee

Payable to the Bank to assess, process and prepare the loan documentation necessary to enable the home loan to settle.

 $375

Settlement fee 

Payable to the Bank to settle the loan.   $120


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.

 varies
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.  varies
 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.   varies
  


Monthly / ongoing fees


Payable monthly for the ongoing maintenance of your loan.

 

 SmartSaver  nil
 All other home loans  $15 per month


Discharge fees


 Discharge administration fee Payable for each security attached to a home loan that is partially or fully discharged at your request.   $325
 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.   varies

Download our Fees and Charges brochure.

 

Terms, conditions, fees and charges apply.  All information is correct as at 7 April 2017 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.