Home Loans

Note: $50,000 minimum loan amount for fixed rates.
Minimum Loan Amount $150,000 for First Rate Home Loan.
Home Loan Interest Rates effective 1 October 2019.
  • Owner Occupied
    Variable Interest Rates
                        First Rate Home Loan Premier Package Home Loan Complete Home Loan Standard Home Loan Equity Line of Credit Home Loan
    LVR of 80% or Less
    Interest Rate (p.a) 3.39% p.a. 3.68% p.a. 3.86% p.a. 4.27% p.a. 4.84% p.a.
    Comparison Rate1,2 (p.a) 3.44% p.a. 4.06% p.a. 3.91% p.a. 4.32% p.a. N/A
    First Home Buyer Comparison Rate1,2 (p.a) 3.40% p.a. 4.04% p.a. 3.87% p.a. 4.28% p.a. N/A
    LVR between 80% - 90%
    Interest Rate (p.a) 3.59% p.a. 3.88% p.a. 4.06% p.a. 4.47% p.a. N/A
    Comparison Rate1,2 (p.a) 3.64% p.a. 4.25% p.a. 4.11% p.a. 4.52% p.a. N/A
    First Home Buyer Comparison Rate1,2 (p.a) 3.60% p.a. 4.23% p.a. 4.07% p.a. 4.48% p.a. N/A
    LVR greater than 90%
    Interest Rate (p.a) 3.69% p.a. 3.98% p.a. 4.16% p.a. 4.57% p.a. N/A
    Comparison Rate1,2 (p.a) 3.74% p.a. 4.35% p.a. 4.21% p.a. 4.62% p.a. N/A
    First Home Buyer Comparison Rate1,2 (p.a) 3.70% p.a.
     
    4.33% p.a.
     
    4.17% p.a. 4.58% p.a. N/A


    Fixed Interest Rates3
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)1,2
    LVR 80% or less
    Comparison Rate (p.a.)1,2
    LVR between 80% - 90%
    Comparison Rate (p.a.)1,2
    LVR greater than 90%
    Premier Package Home Loan
    1 Year Fixed 3.34% p.a. 4.02% p.a. 4.20% p.a. 4.29% p.a.
    2 Year Fixed 3.34% p.a. 4.00% p.a. 4.16% p.a. 4.24% p.a.
    2 Years Discounted Fixed* 2.99% p.a. 3.93% p.a. N/A N/A
    3 Year Fixed 3.49% p.a. 4.01% p.a. 4.15% p.a. 4.22% p.a.
    4 Year Fixed 3.64% p.a. 4.04% p.a. 4.17% p.a. 4.24% p.a.
    5 Year Fixed 3.69% p.a. 4.06% p.a. 4.18% p.a. 4.23% p.a.
    Complete Home Loan
    1 Year Fixed 3.59% p.a. 3.88% p.a. 4.06% p.a. 4.15% p.a.
    2 Year Fixed 3.59% p.a. 3.86% p.a. 4.02% p.a. 4.10% p.a.
    3 Year Fixed 3.59% p.a. 3.84% p.a. 3.98% p.a. 4.06% p.a.
    4 Year Fixed 3.74% p.a. 3.87% p.a. 4.00% p.a. 4.06% p.a.
    5 Year Fixed 3.79% p.a. 3.88% p.a. 4.00% p.a. 4.06% p.a.
    Standard Home Loan
    1 Year Fixed 3.59% p.a. 4.25% p.a. 4.43% p.a. 4.52% p.a.
    2 Year Fixed 3.59% p.a. 4.19% p.a. 4.36% p.a. 4.44% p.a.
    3 Year Fixed 3.59% p.a. 4.14% p.a. 4.29% p.a. 4.36% p.a.
    4 Year Fixed 3.74% p.a. 4.14% p.a. 4.27% p.a. 4.33% p.a.
    5 Year Fixed 3.79% p.a. 4.12% p.a. 4.24% p.a. 4.30% p.a.
  • Investment Rates
    Variable Interest Rates
                        Premier Package Home Loan Complete Home Loan Standard Home Loan Equity Line of Credit Home Loan
    LVR of 80% or Less
    Interest Rate (p.a) 4.18% p.a. 4.36% p.a. 4.77% p.a. 4.99% p.a.
    Comparison Rate1,2 (p.a) 4.55% p.a. 4.41% p.a. 4.82% p.a. N/A
    LVR between 80% - 90%
    Interest Rate (p.a) 4.38% p.a. 4.56% p.a. 4.97% p.a. N/A
    Comparison Rate1,2 (p.a) 4.74% p.a. 4.61% p.a. 5.02% p.a. N/A
    LVR greater than 90%
    Interest Rate (p.a) 4.48% p.a. 4.66% p.a. 5.07% p.a. N/A
    Comparison Rate1,2 (p.a) 4.84% p.a. 4.71% p.a. 5.12% p.a. N/A


    Fixed Interest Rates3
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)1,2
    LVR 80% or less
    Comparison Rate (p.a.)1,2
    LVR between 80% - 90%
    Comparison Rate (p.a.)1,2
    LVR greater than 90%
    Premier Package Home Loan
    1 Year Fixed 3.69% p.a. 4.50% p.a. 4.68% p.a. 4.76% p.a.
    2 Year Fixed 3.69% p.a. 4.46% p.a. 4.62% p.a. 4.70% p.a.
    3 Year Fixed 3.79% p.a. 4.44% p.a. 4.59% p.a. 4.66% p.a.
    4 Year Fixed 3.94% p.a. 4.46% p.a. 4.59% p.a. 4.66% p.a.
    5 Year Fixed 3.99% p.a. 4.47% p.a. 4.58% p.a. 4.64% p.a.
    Complete Home Loan
    1 Year Fixed 3.94% p.a. 4.37% p.a. 4.55% p.a. 4.64% p.a.
    2 Year Fixed 3.94% p.a. 4.33% p.a. 4.49% p.a. 4.57% p.a.
    3 Year Fixed 3.89% p.a. 4.28% p.a. 4.43% p.a. 4.50% p.a.
    4 Year Fixed 4.04% p.a. 4.30% p.a. 4.43% p.a. 4.49% p.a.
    5 Year Fixed 4.09% p.a. 4.30% p.a. 4.41% p.a. 4.47% p.a.
    Standard Home Loan
    1 Year Fixed 3.94% p.a. 4.74% p.a. 4.92% p.a. 5.01% p.a.
    2 Year Fixed 3.94% p.a. 4.66% p.a. 4.83% p.a. 4.91% p.a.
    3 Year Fixed 3.89% p.a. 4.58% p.a. 4.73% p.a. 4.80% p.a.
    4 Year Fixed 4.04% p.a. 4.57% p.a. 4.70% p.a. 4.76% p.a.
    5 Year Fixed 4.09% p.a. 4.54% p.a. 4.65% p.a. 4.71% p.a.

Car Loans

Car Loan Interest Rates effective 1 October 2019.
  • Variable Interest Rates
    Variable Interest Rates
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)2 Promotional Interest Rate (p.a)8 Promotional Comparison Rate (p.a.)2,8
    New Car Loan (L35) 8.79% p.a. 9.00% p.a.6 5.79% p.a. 6.00% p.a.6
    Used Car Loan (L32) 9.79% p.a. 10.83% p.a.5 6.79% p.a. 7.81% p.a.5
    Green Car Loan (L26) 8.29% p.a. 8.50% p.a.6 5.29% p.a. 5.50% p.a.6
  • Fixed Interest Rates
    Fixed Interest Rates
    Interest Rates Interest Rate (p.a)7 Comparison Rate (p.a.)2 Promotional Interest Rate (p.a)8 Promotional Comparison Rate (p.a.)2,8
    New Car Loan
    1 Year Fixed 8.79% p.a. 9.00% p.a.6 5.79% p.a. 7.88% p.a.6
    2 Year Fixed 8.79% p.a. 9.00% p.a.6 5.79% p.a. 7.04% p.a.6
    3 Year Fixed 8.79% p.a. 9.00% p.a.6 5.79% p.a. 6.46% p.a.6
    4 Year Fixed 8.79% p.a. 9.00% p.a.6 5.79% p.a. 6.12% p.a.6
    5 Year Fixed 8.79% p.a. 9.00% p.a.6 5.79% p.a. 6.00% p.a.6
    Used Car Loan
    1 Year Fixed 9.79% p.a. 10.83% p.a.5 6.79% p.a. 9.13% p.a.5
    2 Year Fixed 9.79% p.a. 10.83% p.a.5 6.79% p.a. 8.15% p.a.5
    3 Year Fixed 9.79% p.a. 10.83% p.a.5 6.79% p.a. 7.81% p.a.5
    4 Year Fixed 9.79% p.a. 10.83% p.a.5 6.79% p.a. 7.81% p.a.5
    5 Year Fixed 9.79% p.a. 10.83% p.a.5 6.79% p.a. 7.81% p.a.5
    Green Car Loan
    1 Year Fixed 8.29% p.a. 8.50% p.a.6 5.29% p.a. 7.38% p.a.6
    2 Year Fixed 8.29% p.a. 8.50% p.a.6 5.29% p.a. 6.54% p.a.6
    3 Year Fixed 8.29% p.a. 8.50% p.a.6 5.29% p.a. 5.96% p.a.6
    4 Year Fixed 8.29% p.a. 8.50% p.a.6 5.29% p.a. 5.62% p.a.6
    5 Year Fixed 8.29% p.a. 8.50% p.a.6 5.29% p.a. 5.50% p.a.6

Personal Loans

Interest Rates effective 1 October 2019.
  • Variable Rates
    Variable Interest Rates
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)2
    Personal Loan 11.59% p.a. 12.64% p.a.4
    Green Personal Loan 9.20% p.a. 10.24% p.a.4
    Share Loan 10.10% p.a. 11.14% p.a.4
    Overdraft 13.04% p.a. N/A
  • Fixed Rates
    Fixed Interest Rates (p.a.)7
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)2
    Share Loan
    1 Year Fixed 10.10% p.a. 11.14% p.a.4
    2 Year Fixed 10.10% p.a. 11.14% p.a.4
    3 Year Fixed 10.10% p.a. 11.14% p.a.4
    4 Year Fixed 10.10% p.a. 11.14% p.a.4
    5 Year Fixed 10.10% p.a. 11.14% p.a.4
    Personal Loan
    1 Year Fixed 11.59% p.a. 12.64% p.a.4
    2 Year Fixed 11.59% p.a. 12.64% p.a.4
    3 Year Fixed 11.59% p.a. 12.64% p.a.4
    4 Year Fixed 11.59% p.a. 12.64% p.a.4
    5 Year Fixed 11.59% p.a. 12.64% p.a.4
    Green Personal Loan
    1 Year Fixed 9.20% p.a. 10.24% p.a.4
    2 Year Fixed 9.20% p.a. 10.24% p.a.4
    3 Year Fixed 9.20% p.a. 10.24% p.a.4
    4 Year Fixed 9.20% p.a. 10.24% p.a.4
    5 Year Fixed 9.20% p.a. 10.24% p.a.4

Credit Cards

Credit Card Interest Rates effective 1 October 2019.
  • Interest Rates
    Variable Interest Rates
    Interest Rates Purchase Variable Rate Balance Transfer Variable Rate Cash Advance Variable Rate
    Visa Platinum Credit Card (S6) 9.84% p.a. 9.84% p.a. 19.84% p.a.
    Visa Classic Credit Card (S7) 12.79% p.a. 12.79% p.a. 12.79% p.a.
Important Information
Interest is calculated daily. Interest rates are per annum, current at the time of publication and are subject to change without notice.
*Discounted Fixed Rate offer available for new loans only. Applications received from 23 August – 29 November 2019 and funded by 14 January 2020. Credit criteria applies. Minimum loan amount $250,000 and only available to owner occupied loans with LVR of 80% or less. To be eligible for the discounted rate you must receive a minimum of 2 months’ full income into your Bank First Everyday account as a salary credit and spend a minimum of $1000 using your Bank First card(s) within 3 months of the loan settlement date. If these criteria are not met, the standard 2 Year Fixed interest rate which was disclosed in your loan agreement will apply (standard rate currently 3.34% p.a.). Warning: This standard 2 Year Fixed rate that your loan is converted to may be higher than the standard 2 Year Fixed interest rate available on the day your loan is converted. Not available in conjunction with any other offer. Premier Package annual fee of $350 applies. Offer is only available until the promotions allocated funds have been used and therefore this offer may be withdrawn early.
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 2020 and funded by 31 July 2020. The 3% discount is off the standard car loan rate. We reserve the right to amend or withdraw these offers at any time.