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Home Loan Variable: 5.20% (5.24%*) • Home Loan Fixed: 5.48% (6.24%*) • Fixed: 5.48% (6.24%*) • Variable: 5.20% (5.24%*) • Investment IO: 5.78% (6.81%*) • Investment PI: 5.58% (6.62%*)

  Commercial Loan

Borrow for any worthwhile purpose including property and asset purchases, business growth, refinance and debt consolidation
Category: Business Loans  Last Updated March 21, 2024  Effective April 24, 2024

 General Lending Rates

Rates listed below are for a FIXED product. Additional Information Secured. Repayment Type Principal and Interest.
Interest Rate
3.79% PA
Comparison Rate
0.00%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..
  , FIXED, 3.79%
  • Lending Rate Type: Fixed
  • Interest Rate: 3.79%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , FIXED, 3.79%
  • Lending Rate Type: Fixed
  • Interest Rate: 3.79%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , FIXED, 3.79%
  • Lending Rate Type: Fixed
  • Interest Rate: 3.79%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 6.94%
  • Lending Rate Type: Variable
  • Interest Rate: 6.94%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 12.59%
  • Lending Rate Type: Variable
  • Interest Rate: 12.59%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 6.84%
  • Lending Rate Type: Variable
  • Interest Rate: 6.84%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  , VARIABLE, 14.58%
  • Lending Rate Type: Variable
  • Interest Rate: 14.58%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:

 Product Features

  • Digital Banking Additional Information: You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
  • Other Additional Information: Flexible Repayments: Interest Only Options avalailable. Margin may apply
  • Other Additional Information: Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly. Additional Payments welcome.
  • Other Additional Information: Progressive drawdown of funds: You can draw down the funds you need, as you need it. Fee's may apply.

 Product Eligibility

  • Business Additional Information: Includes Family/Unit/Hybrid Trusts
  • Min Age - 18. Additional Information: 18+ years
  • Natural Person Additional Information: Natural Person or In trust for a Natural Person or Non-Individual entity
  • Other Additional Information: Available to customers carrying on an enterprise or activities done in the form of a business.
  • Other Additional Information: Applications for loans are subject to the Bank's lending criteria.
  • Residency Status - Au. Additional Information: Business must be registered in Australia

 Bank Fees and Charges

  • Quantity Surveyor Fee (Variable), Amount: Not Listed.. Additional Information: Payable when a Quantity Surveyor is required.
  • Portability Fee- New Mortgage (Event), Amount: 500.00. Additional Information: Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia. Additional Valuation costs may apply.
  • Portability Fee- Existing Mortgage (Event), Amount: 150.00. Additional Information: Payable when a property securing a loan is replaced with a property that is already registered with a Bank Australia mortgage.
  • Progress Draw Fee (Variable), Amount: Not Listed.. Additional Information: A fee may apply per profressive draw down. Please contact Bank Australia for more information.
  • Valuation Fee (Variable), Amount: Not Listed.. Additional Information: A valuation fee will apply. The fee's vary based on the property being valued.
  • Establishment Fee (Upfront), Amount: Not Listed.. Additional Information: The establishment fee is caluclated at 0.5% of the borrowing amount. Other fees may apply.
  • Mortgage Discharge Fee (Event), Amount: 250.00. Additional Information: Payable when you request Bank Australia to arrange for the registration of discharge or Bank Australia is required to attend settlement. It covers preparation of the discharge of mortgage form. Statutory government registration fees will still apply. Additional fees may apply and should be paid direct to our agent if settlement is requested in a location other than a Bank Australia office. Additional Solicitor Fees may apply.
  • Solicitor Fee (Variable), Amount: Not Listed.. Additional Information: Certain applications for commercial credit require the use of a solicitor to facilitate. Additional fee's will apply and are payable to the solicitor used by Bank Australia. Please contact us for more information

 Limitations & Restrictions (Constraints)

  • Min Limit of 10000.00 Additional Information: Minimum Borrowing amount

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