SmartFix

Please note: this information is for existing customers only.

Key features

Offset account

100% offset account with Visa Debit card.

Redraw^{^}

It’s free to redraw online or via our app (min $1).

Rates^*

Choose a fixed interest rate period between 1 – 5 years.

What you’ll need:

The amount you’d like to borrow (our borrowing calculator can help)
Your assets, including estimated values
Your liabilities, including credit limits
Your gross income
The approximate value of any property offered as security
Your deposit amount
The equity you have in your home.

Repayments^#

Choose between Principal and Interest or Interest Only.

Make extra repayments without penalty, up to $20,000 per year.

Make an enquiry

Tools to help you

Borrowing power

Our home loan rates and fees

SmartFix fact sheet

Video

View our short video to learn more about our loan products and features.

Banking made simple - 100% offset

Banking made simple. 100% Offset

At Adelaide bank we think you should be given every opportunity to help pay off your home loan sooner. Offering one hundred percent offset, one hundred percent of the time on our fixed and variable home loans is just one way we can help make that happen. You see not all offset accounts have a 100-percent offset feature and many offset accounts aren’t one hundred percent on a fixed loan, ours are. A one hundred percent offset account can potentially save thousands of dollars and years off a home loan. Here's how it works, say your mortgage is 400 thousand dollars and you have 20 thousand dollars savings in your offset account, with one hundred percent offset you are only paying interest on 380 thousand dollars. Wondering how much this could save you? Based on a three percent interest rate over thirty years, you could save over twenty-seven thousand dollars. You can use your offset in much the same way you'd operate an everyday transaction account. Every day every dollar that's in your offset is reducing your monthly interest, one hundred percent of the time. Doing what's best for our customers is how we've managed to stay in business for over 150 years. It's personal.

Adelaide Bank a Division of Bendigo and Adelaide Bank Limited, ABN 11 068 049 178. Australian Credit Licence 237879 Information correct as at 8 February 2021 and is subject to change. Adelaide Bank lending criteria, terms, conditions, fees and charges apply. Full details of terms & conditions available on application. (A1556717-1571552)

Calculators

Borrowing Power

Mortgage Repayments

Stamp Duty

View all calculators

Guides

Buying my next home

Buying an investment property

Keeping your loan costs down

View all guides

Things you should know

^Redraw is not automatic. You must provide consent to have this function set up and must have at least one repayment ahead, before you can redraw any funds so that you will not fall into arrears. For example, if a minimum monthly repayment is $2,500 and you have an ahead balance of $10,000, you can only withdraw $7,500 if this function is set up.

*Rates are based on what repayment you can afford and what your plan for this property is e.g. do you want to fix for 5 years but will sell in 4 years? Fixed rate break costs may apply if you choose to break out of this product type.

^#Repayments can be determined after a conversation with a lender/broker/expert around what the loan purpose is and if you meet the criteria for income/affordability, like any other loan application.