Interest Rates -  all loans

View our fixed and variable interest rates for our Home Loans, Car Loans, Personal Loans and Credit Cards.

Interest Rates effective 23 September 2020.

 

Home Loans

Interest Rates for Home Loans are determined by your loan purpose (owner occupied or investment ), variable or fixed rate options and the Loan to Value Ratio (LVR). 

LVR is the initial amount you are borrowing, represented as a percentage of the value of the asset you are purchasing. For example, a loan of $400,000 to buy a property worth $500,000 results in a LVR of 80%. Home loan rates are set based on the initial LVR at the time of purchase and don’t change because of changes to the LVR during the life of the loan.

Owner Occupied

  • Variable rates
    LVR of 80% or less
    LVR of 80% or less
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    First home buyer comparison rate (p.a.)1,2
    First Rate Home Loan
    Interest rate (p.a)

    2.84%

    Comparison rate (p.a)1,2

    2.89%

    First home buyer comparison rate (p.a.)1,2

    2.88%

    Premier Package Home Loan
    Interest rate (p.a)

    2.88%

    Comparison rate (p.a)1,2

    3.32%

    First home buyer comparison rate (p.a.)1,2

    3.32%

    Complete Home Loan
    Interest rate (p.a)

    3.21%

    Comparison rate (p.a)1,2

    3.26%

    First home buyer comparison rate (p.a.)1,2

    3.25%

    Standard Home Loan
    Interest rate (p.a)

    3.57%

    Comparison rate (p.a)1,2

    3.62%

    First home buyer comparison rate (p.a.)1,2

    3.61%

    Equity Line of Credit Home Loan
    Interest rate (p.a)

    4.39%

    Comparison rate (p.a)1,2

    N/A

    First home buyer comparison rate (p.a.)1,2

    N/A

    LVR between 80% - 90%
    LVR between 80% - 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    First home buyer comparison rate (p.a.)1,2
    First Rate Home Loan
    Interest rate (p.a)

    3.04%

    Comparison rate (p.a)1,2

    3.09%

    First home buyer comparison rate (p.a.)1,2

    3.08%

    Premier Package Home Loan
    Interest rate (p.a)

    3.08%

    Comparison rate (p.a)1,2

    3.52%

    First home buyer comparison rate (p.a.)1,2

    3.52%

    Complete Home Loan
    Interest rate (p.a)

    3.41%

    Comparison rate (p.a)1,2

    3.46%

    First home buyer comparison rate (p.a.)1,2

    3.45%

    Standard Home Loan
    Interest rate (p.a)

    3.77%

    Comparison rate (p.a)1,2

    3.82%

    First home buyer comparison rate (p.a.)1,2

    3.80%

    Equity Line of Credit Home Loan
    Interest rate (p.a)

    4.39%

    Comparison rate (p.a)1,2

    N/A

    First home buyer comparison rate (p.a.)1,2

    N/A

    LVR greater than 90%
    LVR greater than 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    First home buyer comparison rate (p.a.)1,2
    First Rate Home Loan
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.19%

    First home buyer comparison rate (p.a.)1,2

    3.18%

    Premier Package Home Loan
    Interest rate (p.a)

    3.18%

    Comparison rate (p.a)1,2

    3.62%

    First home buyer comparison rate (p.a.)1,2

    3.62%

    Complete Home Loan
    Interest rate (p.a)

    3.51%

    Comparison rate (p.a)1,2

    3.56%

    First home buyer comparison rate (p.a.)1,2

    3.55%

    Standard Home Loan
    Interest rate (p.a)

    3.87%

    Comparison rate (p.a)1,2

    3.92%

    First home buyer comparison rate (p.a.)1,2

    3.90%

    Equity Line of Credit Home Loan
    Interest rate (p.a)

    4.39%

    Comparison rate (p.a)1,2

    N/A

    First home buyer comparison rate (p.a.)1,2

    N/A

  • Fixed rates: Premier Package
    LVR of 80% or less
    LVR of 80% or less
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    2.29%

    Comparison rate (p.a)1,2

    3.27%

    2 Year
    Interest rate (p.a)

    2.29%

    Comparison rate (p.a)1,2

    3.22%

    3 Year
    Interest rate (p.a)

    1.99%

    Comparison rate (p.a)1,2

    3.10%

    4 Year
    Interest rate (p.a)

    3.04%

    Comparison rate (p.a)1,2

    3.38%

    5 Year
    Interest rate (p.a)

    3.09%

    Comparison rate (p.a)1,2

    3.41%

    LVR between 80% - 90%
    LVR between 80% - 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    2.89%

    Comparison rate (p.a)1,2

    3.50%

    2 Year
    Interest rate (p.a)

    2.89%

    Comparison rate (p.a)1,2

    3.49%

    3 Year
    Interest rate (p.a)

    2.59%

    Comparison rate (p.a)1,2

    3.40%

    4 Year
    Interest rate (p.a)

    3.04%

    Comparison rate (p.a)1,2

    3.51%

    5 Year
    Interest rate (p.a)

    3.09%

    Comparison rate (p.a)1,2

    3.52%

    LVR greater than 90%
    LVR greater than 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    2.89%

    Comparison rate (p.a)1,2

    3.59%

    2 Year
    Interest rate (p.a)

    2.89%

    Comparison rate (p.a)1,2

    3.57%

    3 Year
    Interest rate (p.a)

    2.59%

    Comparison rate (p.a)1,2

    3.47%

    4 Year
    Interest rate (p.a)

    3.04%

    Comparison rate (p.a)1,2

    3.57%

    5 Year
    Interest rate (p.a)

    3.09%

    Comparison rate (p.a)1,2

    3.58%

  • Fixed rates: Complete
    LVR of 80% or less
    LVR of 80% or less
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    2.54%

    Comparison rate (p.a)1,2

    3.20%

    2 Year
    Interest rate (p.a)

    2.54%

    Comparison rate (p.a)1,2

    3.15%

    3 Year
    Interest rate (p.a)

    2.09%

    Comparison rate (p.a)1,2

    2.98%

    4 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.24%

    5 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    3.26%

    LVR between 80% - 90%
    LVR between 80% - 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.44%

    2 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.42%

    3 Year
    Interest rate (p.a)

    2.69%

    Comparison rate (p.a)1,2

    3.28%

    4 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.38%

    5 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    3.38%

    LVR greater than 90%
    LVR greater than 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.53%

    2 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.50%

    3 Year
    Interest rate (p.a)

    2.69%

    Comparison rate (p.a)1,2

    3.36%

    4 Year
    Interest rate (p.a)

    3.14%

    Comparison rate (p.a)1,2

    3.44%

    5 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    3.44%

Investment

  • Variable rates
    LVR of 80% or less
    LVR of 80% or less
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    Premier Package Home Loan
    Interest rate (p.a)

    3.33%

    Comparison rate (p.a)1,2

    3.76%

    Complete Home Loan
    Interest rate (p.a)

    3.66%

    Comparison rate (p.a)1,2

    3.71%

    Standard Home Loan
    Interest rate (p.a)

    4.07%

    Comparison rate (p.a)1,2

    4.12%

    Equity Line of Credit Home Loan
    Interest rate (p.a)

    4.49%

    Comparison rate (p.a)1,2

    N/A

    LVR between 80% - 90%
    LVR between 80% - 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    Premier Package Home Loan
    Interest rate (p.a)

    3.53%

    Comparison rate (p.a)1,2

    3.96%

    Complete Home Loan
    Interest rate (p.a)

    3.86%

    Comparison rate (p.a)1,2

    3.91%

    Standard Home Loan
    Interest rate (p.a)

    4.27%

    Comparison rate (p.a)1,2

    4.32%

    Equity Line of Credit Home Loan
    Interest rate (p.a)

    4.49%

    Comparison rate (p.a)1,2

    N/A

    LVR greater than 90%
    LVR greater than 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    Premier Package Home Loan
    Interest rate (p.a)

    3.63%

    Comparison rate (p.a)1,2

    4.05%

    Complete Home Loan
    Interest rate (p.a)

    3.96%

    Comparison rate (p.a)1,2

    4.01%

    Standard Home Loan
    Interest rate (p.a)

    4.37%

    Comparison rate (p.a)1,2

    4.42%

    Equity Line of Credit Home Loan
    Interest rate (p.a)

    4.49%

    Comparison rate (p.a)1,2

    N/A

  • Fixed rates: Premier Package
    LVR of 80% or less
    LVR of 80% or less
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    2.59%

    Comparison rate (p.a)1,2

    3.70%

    2 Year
    Interest rate (p.a)

    2.59%

    Comparison rate (p.a)1,2

    3.63%

    3 Year
    Interest rate (p.a)

    2.24%

    Comparison rate (p.a)1,2

    3.49%

    4 Year
    Interest rate (p.a)

    3.29%

    Comparison rate (p.a)1,2

    3.75%

    5 Year
    Interest rate (p.a)

    3.34%

    Comparison rate (p.a)1,2

    3.77%

    LVR between 80% - 90%
    LVR between 80% - 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    3.93%

    2 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    3.90%

    3 Year
    Interest rate (p.a)

    2.84%

    Comparison rate (p.a)1,2

    3.78%

    4 Year
    Interest rate (p.a)

    3.29%

    Comparison rate (p.a)1,2

    3.88%

    5 Year
    Interest rate (p.a)

    3.34%

    Comparison rate (p.a)1,2

    3.88%

    LVR greater than 90%
    LVR greater than 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    4.01%

    2 Year
    Interest rate (p.a)

    3.19%

    Comparison rate (p.a)1,2

    3.98%

    3 Year
    Interest rate (p.a)

    2.84%

    Comparison rate (p.a)1,2

    3.85%

    4 Year
    Interest rate (p.a)

    3.29%

    Comparison rate (p.a)1,2

    3.94%

    5 Year
    Interest rate (p.a)

    3.34%

    Comparison rate (p.a)1,2

    3.94%

  • Fixed rates: Complete
    LVR of 80% or less
    LVR of 80% or less
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    2.84%

    Comparison rate (p.a)1,2

    3.64%

    2 Year
    Interest rate (p.a)

    2.84%

    Comparison rate (p.a)1,2

    3.57%

    3 Year
    Interest rate (p.a)

    2.34%

    Comparison rate (p.a)1,2

    3.38%

    4 Year
    Interest rate (p.a)

    3.39%

    Comparison rate (p.a)1,2

    3.62%

    5 Year
    Interest rate (p.a)

    3.34%

    Comparison rate (p.a)1,2

    3.63%

    LVR between 80% - 90%
    LVR between 80% - 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    3.44%

    Comparison rate (p.a)1,2

    3.88%

    2 Year
    Interest rate (p.a)

    3.44%

    Comparison rate (p.a)1,2

    3.84%

    3 Year
    Interest rate (p.a)

    2.94%

    Comparison rate (p.a)1,2

    3.68%

    4 Year
    Interest rate (p.a)

    3.39%

    Comparison rate (p.a)1,2

    3.76%

    5 Year
    Interest rate (p.a)

    3.44%

    Comparison rate (p.a)1,2

    3.74%

    LVR greater than 90%
    LVR greater than 90%
    Interest
    rate (p.a)
    Comparison
    rate (p.a)1,2
    1 Year
    Interest rate (p.a)

    3.44%

    Comparison rate (p.a)1,2

    3.97%

    2 Year
    Interest rate (p.a)

    3.44%

    Comparison rate (p.a)1,2

    3.92%

    3 Year
    Interest rate (p.a)

    2.94%

    Comparison rate (p.a)1,2

    3.75%

    4 Year
    Interest rate (p.a)

    3.39%

    Comparison rate (p.a)1,2

    3.82%

    5 Year
    Interest rate (p.a)

    3.44%

    Comparison rate (p.a)1,2

    3.80%

Car Loans

Interest Rates for Car Loans are determined by your choice of variable rate or fixed rate options.

  • Variable rates
    Promotional
    Promotional
    Interest
    rate (p.a)8
    Comparison
    rate (p.a)2,8
    New Car Loan
    Interest rate (p.a)8

    5.79%

    Comparison rate (p.a)2,8

    6.06%6

    Used Car Loan
    Interest rate (p.a)8

    6.79%

    Comparison rate (p.a)2,8

    8.12%5

    Green Car Loan
    Interest rate (p.a)8

    5.29%

    Comparison rate (p.a)2,8

    5.56%6

    Standard
    Standard
    Interest
    rate (p.a)
    Comparison
    rate (p.a)2
    New Car Loan
    Interest rate (p.a)

    8.79%

    Comparison rate (p.a)2

    9.07%6

    Used Car Loan
    Interest rate (p.a)

    9.79%

    Comparison rate (p.a)2

    11.15%5

    Green Car Loan
    Interest rate (p.a)

    8.29%

    Comparison rate (p.a)2

    8.57%6

  • Fixed rates
    Promotional interest
    rate (p.a)8
    Promotional comparison
    rate (p.a)2,8
    Interest
    rate (p.a)7
    Comparison
    rate (p.a)2
    1 Year
    Promotional interest rate (p.a)8

    5.79%

    Promotional comparison rate (p.a)2,8

    7.94%6

    Interest rate (p.a)7

    8.79%

    Comparison rate (p.a)2

    9.07%6

    2 Year
    Promotional interest rate (p.a)8

    5.79%

    Promotional comparison rate (p.a)2,8

    7.10%6

    Interest rate (p.a)7

    8.79%

    Comparison rate (p.a)2

    9.07%6

    3 Year
    Promotional interest rate (p.a)8

    5.79%

    Promotional comparison rate (p.a)2,8

    6.52%6

    Interest rate (p.a)7

    8.79%

    Comparison rate (p.a)2

    9.07%6

    4 Year
    Promotional interest rate (p.a)8

    5.79%

    Promotional comparison rate (p.a)2,8

    6.18%6

    Interest rate (p.a)7

    8.79%

    Comparison rate (p.a)2

    9.07%6

    5 Year
    Promotional interest rate (p.a)8

    5.79%

    Promotional comparison rate (p.a)2,8

    6.06%6

    Interest rate (p.a)7

    8.79%

    Comparison rate (p.a)2

    9.07%6

    Promotional interest
    rate (p.a)8
    Promotional comparison
    rate (p.a)2,8
    Interest
    rate (p.a)7
    Comparison
    rate (p.a)2
    1 Year
    Promotional interest rate (p.a)8

    5.29%

    Promotional comparison rate (p.a)2,8

    7.44%6

    Interest rate (p.a)7

    8.29%

    Comparison rate (p.a)2

    8.57%6

    2 Year
    Promotional interest rate (p.a)8

    5.29%

    Promotional comparison rate (p.a)2,8

    6.61%6

    Interest rate (p.a)7

    8.29%

    Comparison rate (p.a)2

    8.57%6

    3 Year
    Promotional interest rate (p.a)8

    5.29%

    Promotional comparison rate (p.a)2,8

    6.02%6

    Interest rate (p.a)7

    8.29%

    Comparison rate (p.a)2

    8.57%6

    4 Year
    Promotional interest rate (p.a)8

    5.29%

    Promotional comparison rate (p.a)2,8

    5.68%6

    Interest rate (p.a)7

    8.29%

    Comparison rate (p.a)2

    8.57%6

    5 Year
    Promotional interest rate (p.a)8

    5.29%

    Promotional comparison rate (p.a)2,8

    5.56%6

    Interest rate (p.a)7

    8.29%

    Comparison rate (p.a)2

    8.57%6

    Promotional interest
    rate (p.a)8
    Promotional comparison
    rate (p.a)2,8
    Interest
    rate (p.a)7
    Comparison
    rate (p.a)2
    1 Year
    Promotional interest rate (p.a)8

    6.79%

    Promotional comparison rate (p.a)2,8

    9.44%5

    Interest rate (p.a)7

    9.79%

    Comparison rate (p.a)2

    11.15%5

    2 Year
    Promotional interest rate (p.a)8

    6.79%

    Promotional comparison rate (p.a)2,8

    8.46%5

    Interest rate (p.a)7

    9.79%

    Comparison rate (p.a)2

    11.15%5

    3 Year
    Promotional interest rate (p.a)8

    6.79%

    Promotional comparison rate (p.a)2,8

    8.12%5

    Interest rate (p.a)7

    9.79%

    Comparison rate (p.a)2

    11.15%5

    4 Year
    Promotional interest rate (p.a)8

    6.79%

    Promotional comparison rate (p.a)2,8

    8.12%5

    Interest rate (p.a)7

    9.79%

    Comparison rate (p.a)2

    11.15%5

    5 Year
    Promotional interest rate (p.a)8

    6.79%

    Promotional comparison rate (p.a)2,8

    8.12%5

    Interest rate (p.a)7

    9.79%

    Comparison rate (p.a)2

    11.15%5

Personal Loans

Interest Rates for Personal Loans are determined by your choice of variable rate or fixed rate options.

  • Variable rates
    Interest
    rate (p.a)
    Comparison
    rate (p.a)4
    Personal Loan
    Interest rate (p.a)

    9.64%

    Comparison rate (p.a)4

    11.00%

    Green Personal Loan
    Interest rate (p.a)

    7.25%

    Comparison rate (p.a)4

    8.59%

    Share Loan
    Interest rate (p.a)

    8.15%

    Comparison rate (p.a)4

    9.49%

    Overdraft
    Interest rate (p.a)

    12.79%

    Comparison rate (p.a)4

    N/A

  • Fixed rates
    Interest
    rate (p.a)
    Comparison
    rate (p.a)4
    1-5 Years
    Interest rate (p.a)

    9.64%

    Comparison rate (p.a)4

    11.00%

    Interest
    rate (p.a)
    Comparison
    rate (p.a)4
    1-5 Years
    Interest rate (p.a)

    7.25%

    Comparison rate (p.a)4

    8.59%

    Interest
    rate (p.a)
    Comparison
    rate (p.a)4
    1-5 Years
    Interest rate (p.a)

    8.15%

    Comparison rate (p.a)4

    9.49%

Credit Cards

Interest Rates for Credit Cards vary for purchases, cash advances and balance transfers.

  • Variable rates
    Purchase variable rate (p.a)
    Balance transfer variable rate (p.a)
    Cash advance variable rate (p.a)
    Visa Platinum Credit Card (S6)
    Purchase variable rate (p.a)

    9.59%

    Balance transfer variable rate (p.a)

    9.59%

    Cash advance variable rate (p.a)

    19.59%

    Visa Classic Credit Card (S7)
    Purchase variable rate (p.a)

    12.54%

    Balance transfer variable rate (p.a)

    12.54%

    Cash advance variable rate (p.a)

    12.54%

Important Information
Interest is calculated daily. Interest rates are per annum, current at the time of publication and are subject to change without notice.

1. Comparison rate calculated on a secured loan amount of $150,000 for a term of 25 years.
2. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions are available on request.
3. Rates are indicative only. Fixed Rates are fixed at the date of funding or may be fixed at the date of application by paying a fixed rate lock fee. Conditions apply.
4. Comparison rate calculated on an unsecured loan amount of $10,000 for a term of 3 years.
5. Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years.
6. Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years.
7. Rates are indicative only. Fixed rates are fixed at the date of funding.
Bank First may charge a fee for these services and facilities. Refer to the Fees and Charges brochure, available on request. Full terms and conditions available on request
8. Promotional interest rates available for car loan applications received by 30 June 2021 and funded by 31 July 2021. The 3% discount is off the standard car loan rate. Lending criteria applies. We reserve the right to amend or withdraw these offers at any time.