No Frills Home Loan IO

No Frills Home Loan Owner Occupied Interest Only
Category: Home Loans  Last Updated May 29, 2025  Effective July 4, 2025

 General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied Interest Only product. Additional Information Rate for LVR <70% - 5.84%
Interest Rate
5.84% PA
Comparison Rate
5.61%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  Variable
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
  • Lending Rate Type: Variable
  • Interest Rate: 5.94%, Comparison Rate 5.71%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied

 Product Features

  • Digital Banking Additional Information: Our secure Online Banking service means access to your accounts 24 hours a day, seven days a week.
  • Npp Enabled Additional Information: This account is able to receive Osko payments
  • Npp Payid Additional Information: PayIDs can be linked with this account
  • Other Additional Information: Weekly, fortnightly or monthly repayment options
  • Other Additional Information: Low variable interest rate
  • Other Additional Information: Unlimited extra repayments at no cost
  • Other Additional Information: Split your loan with our fixed rate loan options
  • Redraw Additional Information: Instant redraw available from within Online Banking

 Product Eligibility

  • Employment Status - Full Time, Part Time, Casual, Self Employed.
  • Min Age - 18. Additional Information: 18 years and above
  • Natural Person
  • Other Additional Information: No information provided
  • Residency Status - Customers Who Are Permanent Resident Or Citizens May Apply For The Product.

 Bank Fees and Charges

  • Annual Fee (Periodic), Amount: 0.00.
  • Redraw Fee (Event), Amount: 0.00.
  • Account Keeping Fee (Periodic), Amount: 0.00.
  • Establishment Fee (Upfront), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Max Lvr of 80.00
  • Min Limit of 150000.00
  • Min Lvr of 0.00