Loan Interest Rates

Home Loans

Interest Rates effective 31 October 2017. Note: $50,000 minimum loan amount for fixed rates and $50,000 minimum loan increase for existing customers switching from a loan funded prior to 1 December 2015.

  • Discounted Fixed Home Loan Rates*
    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 greater than 80%
    Premier Package Home Loan
    2 Year Fixed (Promotional Rate) 3.74% p.a. 4.23% p.a. 4.39% p.a.
    3 Year Fixed (Promotional Rate) 3.79% p.a. 4.24% p.a. 4.38% p.a.
    Complete Home Loan
    2 Year Fixed (Promotional Rate) 3.84% p.a. 4.01% p.a. 4.17% p.a.
    3 Year Fixed (Promotional Rate) 3.89% p.a. 4.01% p.a. 4.16% p.a.
  • Owner Occupied
    Variable Interest Rates
    LVR of 80% or Less LVR greater than 80%
    Interest Rate (p.a) Comparison Rate (p.a) First Home Buyer Comparison Rate (p.a) Interest Rate (p.a) Comparison Rate (p.a) First Home Buyer Comparison Rate (p.a)
    Premier Package Home Loan 3.89% p.a. 4.26% p.a. 4.24% p.a. 4.09% p.a. 4.46% p.a. 4.44% p.a.
    Complete Home Loan 3.99% p.a. 4.04% p.a. 4.00% p.a. 4.19% p.a. 4.24% p.a. 4.20% p.a.
    Standard Home Loan 4.69% p.a. 4.74% p.a. N/A 4.89% p.a. 4.94% p.a. N/A
    Equity Line of Credit Home Loan 5.14% p.a. N/A


    Fixed Interest Rates3
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)1,2 LVR less than 80% Comparison Rate (p.a.)1,2 LVR greater than 80%
    Premier Package Home Loan
    One Year Fixed 3.89% p.a. 4.26% p.a. 4.44% p.a.
    Two Year Fixed 3.89% p.a. 4.26% p.a. 4.42% p.a.
    Three Year Fixed 3.99% p.a. 4.29% p.a. 4.43% p.a.
    Four Year Fixed 4.54% p.a. 4.48% p.a. 4.61% p.a.
    Five Year Fixed 4.54% p.a. 4.53% p.a. 4.64% p.a.
    Complete Home Loan
    One Year Fixed 3.99% p.a. 4.04% p.a. 4.22% p.a.
    Two Year Fixed 3.99% p.a. 4.04% p.a. 4.20% p.a.
    Three Year Fixed 4.09% p.a. 4.06% p.a. 4.21% p.a.
    Four Year Fixed 4.64% p.a. 4.26% p.a. 4.39% p.a.
    Five Year Fixed 4.64% p.a. 4.30% p.a. 4.42% p.a.
    Standard Home Loan
    One Year Fixed 3.99% p.a. 4.67% p.a. 4.85% p.a.
    Two Year Fixed 3.99% p.a. 4.61% p.a. 4.77% p.a.
    Three Year Fixed 4.09% p.a. 4.58% p.a. 4.72% p.a.
    Four Year Fixed 4.64% p.a. 4.72% p.a. 4.85% p.a.
    Five Year Fixed 4.64% p.a. 4.72% p.a. 4.83% p.a.
  • Investment Rates
    Investment Home Loan
    LVR of 80% or Less LVR greater than 80%
    Interest Rate (p.a) Comparison Rate (p.a) First Home Buyer Comparison Rate (p.a) Interest Rate (p.a) Comparison Rate (p.a) First Home Buyer Comparison Rate (p.a)
    Premier Package Home Loan 4.39% p.a. 4.75% p.a. N/A 4.59% p.a. 4.95% p.a. N/A
    Complete Home Loan 4.49% p.a. 4.54% p.a. N/A 4.69% p.a. 4.74% p.a. N/A
    Standard Home Loan 5.19% p.a. 5.24% p.a. N/A 5.39% p.a. 5.44% p.a. N/A
    Equity Line of Credit Home Loan 5.29% p.a. N/A


    Fixed Interest Rates3
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)1,2 LVR less than 80% Comparison Rate (p.a.)1,2 LVR greater than 80%
    Premier Home Loan Package
    One Year Fixed 4.24% p.a. 4.74% p.a. 4.91% p.a.
    Two Year Fixed 4.24% p.a. 4.72% p.a. 4.88% p.a.
    Three Year Fixed 4.29% p.a. 4.72% p.a. 4.87% p.a.
    Four Year Fixed 4.84% p.a. 4.91% p.a. 5.03% p.a.
    Five Year Fixed 4.84% p.a. 4.94% p.a. 5.05% p.a.
    Complete Home Loan
    One Year Fixed 4.34% p.a. 4.52% p.a. 4.70% p.a.
    Two Year Fixed 4.34% p.a. 4.51% p.a. 4.67% p.a.
    Three Year Fixed 4.39% p.a. 4.51% p.a. 4.66% p.a.
    Four Year Fixed 4.94% p.a. 4.69% p.a. 4.82% p.a.
    Five Year Fixed 4.94% p.a. 4.72% p.a. 4.84% p.a.
    Standard Home Loan
    One Year Fixed 4.34% p.a. 5.15% p.a. 5.33% p.a.
    Two Year Fixed 4.34% p.a. 5.08% p.a. 5.24% p.a.
    Three Year Fixed 4.39% p.a. 5.02% p.a. 5.17% p.a.
    Four Year Fixed 4.94% p.a. 5.15% p.a. 5.28% p.a.
    Five Year Fixed 4.94% p.a. 5.13% p.a. 5.25% p.a.

Car Loans

Car Loan Interest Rates effective 31 October 2017.

  • Variable Interest Rates
    Variable Interest Rates
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)2
    New Car Loan (L35) 8.79% p.a. 9.00% p.a.6
    Used Car Loan (L32) 9.79% p.a. 10.83% p.a.5
    Green Car Loan (L26) 8.29% p.a. 8.50% p.a.6
  • Fixed Interest Rates
    Fixed Interest Rates
    Interest Rates Interest Rate (p.a)7 Comparison Rate (p.a.)2
    New Car Loan
    1 Year Fixed 8.79% p.a. 9.00% p.a.6
    2 Year Fixed 8.79% p.a. 9.00% p.a.6
    3 Year Fixed 8.79% p.a. 9.00% p.a.6
    4 Year Fixed 8.79% p.a. 9.00% p.a.6
    5 Year Fixed 8.79% p.a. 9.00% p.a.6
    Used Car Loan
    1 Year Fixed 9.79% p.a. 10.83% p.a.5
    2 Year Fixed 9.79% p.a. 10.83% p.a.5
    3 Year Fixed 9.79% p.a. 10.83% p.a.5
    4 Year Fixed 9.79% p.a. 10.83% p.a.5
    5 Year Fixed 9.79% p.a. 10.83% p.a.5
    Green Car Loan
    1 Year Fixed 8.29% p.a. 8.50% p.a.6
    2 Year Fixed 8.29% p.a. 8.50% p.a.6
    3 Year Fixed 8.29% p.a. 8.50% p.a.6
    4 Year Fixed 8.29% p.a. 8.50% p.a.6
    5 Year Fixed 8.29% p.a. 8.50% p.a.6

Personal Loans

Interest Rates effective 31 October 2017.

  • Variable Rates
    Variable Interest Rates
    Interest Rates Interest Rate (p.a) Comparison Rate (p.a.)2
    Personal Loan 11.74% p.a. 12.79% p.a.4
    Green Personal Loan 9.35% p.a. 10.39% p.a.4
    Share Loan 10.25% p.a. 11.29% p.a.4
    Overdraft 13.19% 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 10.25% p.a. 11.29% p.a.4
    2 Year Fixed 10.25% p.a. 11.29% p.a.4
    3 Year Fixed 10.25% p.a. 11.29% p.a.4
    4 Year Fixed 10.25% p.a. 11.29% p.a.4
    5 Year Fixed 10.25% p.a. 11.29% p.a.4
    Personal Loan
    One Year Fixed 11.74% p.a. 12.79% p.a.4
    Two Year Fixed 11.74% p.a. 12.79% p.a.4
    Three Year Fixed 11.74% p.a. 12.79% p.a.4
    Four Year Fixed 11.74% p.a. 12.79% p.a.4
    Five Year Fixed 11.74% p.a. 12.79% p.a.4
    Green Personal Loan
    One Year Fixed 9.35% p.a. 10.39% p.a.4
    Two Year Fixed 9.35% p.a. 10.39% p.a.4
    Three Year Fixed 9.35% p.a. 10.39% p.a.4
    Four Year Fixed 9.35% p.a. 10.39% p.a.4
    Five Year Fixed 9.35% p.a. 10.39% p.a.4

Credit Cards

Credit Card Interest Rates effective 31 October 2017.

  • Interest Rates
    Variable Interest Rates
    Interest Rates Purchase Variable Rate Balance Transfer Variable Rate Cash Advance Variable Rate
    Visa Platinum Credit Card (S6) 9.99% p.a. 9.99% p.a. 19.99% p.a.
    Visa Classic Credit Card (S7) 12.94% p.a. 12.94% p.a. 12.94% p.a.
Important Information
* Discounted fixed rate offer for applications received from 31 October 2017 to 31 December  2017 for property purchases and refinance only and funded by 31 March 2018. Only available to the first 140 approved loan applications received directly (excludes broker channel) and may be withdrawn at any time. Only available for loans $250,000 or more. $50,000 minimum loan increase for existing customers switching from a loan funded prior to 1 December 2015.
Car Loan Interest Rates effective 31 October 2017. Interest is calculated daily. Interest rates are per annum, current at the time of printing 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