Rates and fees

Effective rates from 18 July 2022

Quick links

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SMSF & SMSF
Easy Refi

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Lender Paid LMI
(professional and
essential worker)

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Standard (purchase,
refinance and
construction)

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NDIS & co-living rates
(purchase refinance
and construction)

SMSF Rates

SMSF & SMSF Easy Refi Rates (effective rates from 20 June 2022- unchanged)

All residential properties

LVR

Variable

Fixed term

1 year

2 years

3-5 years

7 years

10 years

Platinum

≤ 80%

4.59%

7.54%

7.84%

8.04%

8.54%

8.54%

Gold

≤ 75%

4.49%

7.44%

7.74%

7.94%

8.44%

8.44%

Palladium

≤ 70%

4.39%

7.34%

7.64%

7.84%

8.34%

8.34%

Silver

≤ 65%

4.29%

7.24%

7.54%

7.74%

8.24%

8.24%

Diamond

≤ 60%

4.19%

7.14%

7.44%

7.64%

8.14%

8.14%

Interest only loading

+

0.40%

0.40%

0.40%

0.40%

0.40%

0.40%

Commercial loading

+

0.50%

0.50%

0.50%

0.50%

0.50%

0.50%

Offset account loading

+

n/a

n/a

n/a

n/a

n/a

n/a

Annual fee and lenders protection fee applicable

Fees and loaders (SMSF & SMSF Easy Refi)

Maximum Loan-To-Value
Ratio (LVR’s)
  • Metro and Non-Metro postcodes 80%
  • Regional and Unclassified postcodes 65%
  • Inner-City and High-Density postcodes 75%

View Postcode Matrix

Interest rate loaders
  • Loan size > $1.0m and ≤ $1.5m – 0.00% interest rate loading applies
  • Loan size > $1.5m and ≤ $2.0m – 0.50% interest rate loading applies (max LVR 80%)
  • Loan size > $2.0m and ≤ $3.0m – 1.00% interest rate loading applies (max LVR 65%)
  • Interest only – 0.40% interest rate loading applies
  • Commercial Properties – 0.50% interest rate loading applies
  • NDIS & Co-Living properties – 0.50% interest rate loading applies
  • Offset Account – n/a
  • Regional and Unclassified postcodes – 0.50% interest rate loading applies
  • Inner-City (IC), Units/Apartments in High-Density (HD) postcodes – 0.50% interest rate
    • loading applies

Fees and charges

Annual fee

$395

Fixed rate lock fee

$495

Discharge fee

$1,500

Account variation fee

$250

Facility variation fee

$450

Solicitor doc fee

$770 (+disbursements)

Valuation fee

At Cost
Order Residential vals through property hub:
https://propertyhub.corelogic.asia/

Order NDIS, Co-Living and Commercial vals via:
https://hello.granitehomeloans.com.au/val-request

Lenders protection fee
  • Loan size > $2m – 1.00% Lenders Protection fee applies
  • NDIS properties – 1.00% Lenders Protection fee applies

NDIS and Co-living properties
  • Maximum LVR 80%
  • Maximum loan amount $1.25M
  • Maximum loan term 25 years (300 months)
  • No interest only

Commissions
  • 0.65% upfront and 0.15% pa trail + GST
Download full SMSF rate card

Lender Paid LMI Rates

Lender Paid LMI Rates (effective rates from 18 July 2022)

Professional

Professional - OCCUPIER90 - max $1m loan

Structure

Secured by

Rate #

Repayment

Term

Offset?

LMI

Split 1

1st RM

4.09%

P&I

30

Yes

No

Professional - OCCUPIER95 (80% / 15% split) - max $1m loan

Split 1

1st RM

4.29%

P&I

30

No*

No

Split 2

2nd RM

4.29%

P&I

7

Yes

No

# Rate reduction can be requested when principal limit LVR reaches 90%/85%/80%

Essential worker

Essential - OCCUPIER90 - max $1m loan

Structure

Secured by

Rate #

Repayment

Term

Offset?

LMI

Split 1

1st RM

4.09%

P&I

30

Yes

No

No LMI job requirements

No LMI job requirements - max $1.5m loan - 85%

Structure

Secured by

Rate #

Repayment

Term

Offset?

LMI

PPR

1st RM

3.79%

P&I

30

Yes

No

Investment

1st RM

4.09%

P&I

30

Yes

No

Eligibility (Lender Paid LMI Rates)

Currently accepted Professional Industries in:

  • Medical & Allied Health
  • Legal Professionals
  • Accounting & Audit
  • Engineering / IT Professionals

*note: main income earner must qualify and have a University Degree

Currently accepted Essential Workers:

  • State or Federal Police Officer
  • Permanent Full Time Firefighter
  • Fully Qualified Paramedic
  • Primary and Secondary School teacher (GPS or Public School)
  • Registered Nurse

Fees and options (Lender Paid LMI Rates)

Annual fee

NIL (O/O) / $295 (Investment)

Visa Debit/ Offset Account

Included on all products*

Application Fee

Nil

Valuation Fee

 At cost– order through PropertyHub

Interest Only option

N/A

Exit / Break Fees

Nil

Discharge Fee

$595 per mortgage at time of discharge

Legal Fees (ex disbursements)

$275
$550 for Professional – Occupier95

*Offset account moves to Split 1 once Split 2 is repaid and second RM discharged
Borrower rates below include 0.65% upfront and 0.15% pa trail + GST

Download full Lender Paid LMI Rate Card

Standard

Standard (Purchase, Refinance and Construction (effective rates from 18 July 2022))

All residential properties

LVR

Variable

Fixed term

1 year

2 years

3-5 years

7 years

10 years

Home loans ≤ $1m

≤ 60%

3.29%

6.19%

6.49%

6.69%

6.69%

6.69%

≤ 70%

3.39%

6.29%

6.59%

6.79%

6.79%

6.79%

≤ 80%

3.49%

6.39%

6.69%

6.89%

6.89%

6.89%

≤ 90%

4.09%

6.99%

7.29%

7.49%

7.49%

7.49%

Home loans
> $1m & ≤ $1.5m

≤ 60%

3.59%

6.49%

6.79%

6.99%

6.99%

6.99%

≤ 70%

3.69%

6.59%

6.89%

7.09%

7.09%

7.09%

≤ 80%

3.79%

6.69%

6.99%

7.19%

7.19%

7.19%

≤ 90%

4.39%

7.29%

7.59%

7.79%

7.79%

7.79%

Home loans
> $1.5m & ≤ $2m

≤ 60%

3.89%

6.79%

7.09%

7.29%

7.29%

7.29%

≤ 70%

3.99%

6.89%

7.19%

7.39%

7.39%

7.39%

≤ 80%

4.09%

6.99%

7.29%

7.49%

7.49%

7.49%

≤ 90%

n/a

n/a

n/a

n/a

n/a

n/a

Home loans
> $2m & ≤ $2.5m

≤ 60%

4.19%

7.09%

7.39%

7.59%

7.59%

7.59%

≤ 70%

4.29%

7.19%

7.49%

7.69%

7.69%

7.69%

≤ 80%

4.39%

7.29%

7.59%

7.79%

7.79%

7.79%

≤ 90%

n/a

n/a

n/a

n/a

n/a

n/a

Interest only loading

+

0.50%

0.50%

0.50%

0.50%

0.50%

0.50%

Construction loading

+

0.20%

0.20%

0.20%

0.20%

0.20%

0.20%

Investment loading

+

0.30%

0.30%

0.30%

0.30%

0.30%

0.30%

Annual fee free has 0.10% increase

Fees and loaders (Standard)

Maximum Loan-To-Value
Ratio (LVR’s)
  • All investment loans 90%
  • Owner Occupied Purchase and Refinance Loans 90%

Interest rate loaders applicable
to all product types
  • Interest Only – 0.50% interest rate loading applies
  • Company and Trust Borrowers – 0.20% interest rate loading applies
  • Investment loan – 0.30% interest rate loading applies
  • Inner-City (IC), Regional and Unclassified postcodes – 0.20% interest rate loading applies
  • Units/Apartments in High-Density (HD) postcodes – 0.20% interest rate loading applies IC, HD, Regional postcodes max LVR 80%. Unclassified postcodes max LVR 75%
  • Construction loans
    • 0.20% interest rate loading applies (max loan amount $1.5M)
    • Standard Interest Only term 12 months followed by Principal and Interest repayments
    • Additional 0.10% loading if Interest Only term greater than 12 months
    • Additional Interest Only term for Owner Occupied loans > 80% LVR not allowed
    • Maximum Interest Only term for Investment loans > 80% LVR 36 months

Fees and charges

Annual fee

$295 Annual Fee**
**No Annual Fee is applicable to Owner Occupied variable rate loans ≤ 80% LVR

Fixed rate lock fee

$495

Construction Admin Fee

$750

Construction Progress Draw Fee

$880 (additional travel costs may apply for regional locations)

Discharge fee

$595

Facility variation fee

$250

Account variation fee

$450

Solicitor doc fee

$250 + disbursements

Valuation fee

At Cost
Order Residential vals through property hub:
https://propertyhub.corelogic.asia/

Lenders protection fee
  • Loan Size > $1.5 m – (LVR > 70% - 1.00%)

Commissions
  • 0.65% upfront and 0.15% pa trail + GST
Download full Standard rate card

NDIS & Co-Living Rates

NDIS & Co-Living Rates (purchase, refinance and construction) (effective from 18 July 2022)

All residential properties

LVR

Variable

Fixed term

1 year

2 years

3-5 years

7 years

10 years

Home loans ≤ $1m

≤ 60%

3.79%

6.69%

6.99%

n/a

n/a

n/a

≤ 70%

3.89%

6.59%

7.09%

n/a

n/a

n/a

≤ 80%

3.99%

6.89%

7.19%

n/a

n/a

n/a

≤ 90%

4.59%

7.49%

7.79%

n/a

n/a

n/a

Home loans
> $1m & ≤ $1.5m

≤ 60%

4.09%

6.99%

7.29%

n/a

n/a

n/a

≤ 70%

4.19%

7.09%

7.39%

n/a

n/a

n/a

≤ 80%

4.29%

7.19%

7.49%

n/a

n/a

n/a

≤ 90%

4.89%

7.79%

8.09%

n/a

n/a

n/a

Home loans
> $1.5m & ≤ $2m

≤ 60%

n/a

n/a

n/a

n/a

n/a

n/a

≤ 70%

n/a

n/a

n/a

n/a

n/a

n/a

≤ 80%

n/a

n/a

n/a

n/a

n/a

n/a

≤ 90%

n/a

n/a

n/a

n/a

n/a

n/a

Home loans
> $2m & ≤ $2.5m

≤ 60%

n/a

n/a

n/a

n/a

n/a

n/a

≤ 70%

n/a

n/a

n/a

n/a

n/a

n/a

≤ 80%

n/a

n/a

n/a

n/a

n/a

n/a

≤ 90%

n/a

n/a

n/a

n/a

n/a

n/a

Interest only loading

+

0.50%

0.50%

0.50%

0.50%

0.50%

0.50%

Investment loading

+

0.30%

0.30%

0.30%

0.30%

0.30%

0.30%

Annual fee free has 0.10% increase

Fees and loaders (NDIS and Co-Living)

Maximum Loan-To-Value
Ratio (LVR’s)
  • Maximum 90%
  • > 80% includes a 1st mortgage of 80% and 2nd mortgage ≤10%
  • Inner City, High Density, Regional postcodes max LVR 80%
  • Unclassified postcodes max LVR 75%

View Postcode Matrix

Interest rate loaders
  • Investment loans- 0.30% interest rate loading applies
  • Interest Only – 0.50% interest rate loading applies
  • Company and Trust Borrowers – 0.20% interest rate loading applies
  • Inner-City (IC), High Risk (HR), Regional and Unclassified postcodes – 0.20% interest rate loading applies
  • Units/Apartments in High-Density (HD) postcodes – 0.20% interest rate loading applies
  • Construction Interest Only term 12 months followed by Principal and Interest repayments
    • No additional Interest Only Term allowed
    • No Construction loaders applicable

Fees and charges

Annual fee

$295 annual fee**
**No annual fee is applicable to Owner Occupied variable rate loans ≤ 80% LVR

Fixed rate lock fee

$495

Construction Admin Fee

$750

Construction Progress Draw Fee

$880 (additional travel costs may apply for regional locations)

Discharge fee

$595

Facility variation fee

$250

Account variation fee

$450

Solicitor doc fee

$550+ disbursements

Valuation fee

At Cost
Order NDIS/Co-Living and Commercial vals via:
https://hello.granitehomeloans.com.au/val-request

Lenders protection fee
  • NDIS and Co-Living Properties: Lenders Protection Fee applies
  • (LVR 70.01% - 80.00% is 1.00%, 80.01% - 85.00% is 2.00%, 85.01% - 90.00% is 3.00%)

NDIS & Co-Living properties
  • Maximum Loan Amount $1.5m for Established Properties
  • Maximum Loan Amount $1.25m for Construction loans
  • Maximum Loan Term 25 years (300 months)

Commissions
  • 0.65% upfront and 0.15% pa trail + GST
Download full NDIS Rate Card
Download full SMSF rate card