The super-squeezed home loan rate, starting from
7.25%
p.a. variable home loan rate*
*The variable interest rate that applies is determined by adding a margin to the above Neo Variable Home Loan rate between 0% - 2.5% p.a. The Margin we offer you will be set by reviewing your loan application and assessing your personal profile. We do not charge a loan application fee. A Documentation and Settlement Fee of $250 is added to your loan when we advance a home loan. For more information on our fees, see the Fees Schedule.
Tiny rate.
Big hairy features.
Zero fluff.
The Neo home loan isn’t for everyone.
But if you’re looking for the lowest rate, the most flexibility or you’re keen to go mortgage-free faster; it might just be the ticket.
🚫 No early repayment fees – leave any time
🚫 No monthly or annual fees
🚫 No penalty for extra or higher repayments
👍 Ultra-fast decisioning
👍 Pay less interest over time*
👍 Kill your mortgage faster*
👍 Pay weekly, fortnightly or monthly
👍 Max loan $5m
👍 Max term 30 years
*Please contact an Accredited Mortgage Adviser for additional information.
We know kung fu ;)
Low rates, less than most banks’ fixed rates.
Zero locked-in contracts and no hefty break fees.
Fast approval in as little as 48 hours.*
*Subject to our responsible lending inquiries and our home loan lending criteria.
How low is low?
Yeah, it’s true, our variable home loan rate* is really low. Here’s a quick comparison** between us and the big banks.
Floating
2 Year Fixed
*The variable interest rate that applies to each Neo Variable Loan is determined by adding a margin of between 0% - 2.5% p.a. to our Base Variable Rate. The Margin we offer you will be set by reviewing your loan application and assessing your personal profile. We do not charge a loan application fee. A Documentation and Settlement Fee of $250 is due when we advance a home loan. For more information on our fees see the Fees Schedule. **Comparison rates as of 2 October 2022. See here for today’s rates. The Neo advertised interest rates are available for new eligible loans and are subject to change. Your interest rate may differ depending on borrower category, security use and how much you borrow relative to the value of your property. Terms and conditions apply to all loan features. Final approval is subject to credit assessment.