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Loan Interest Rates

Current Loan / Credit Facility Interest Rates

Special Rates 1,2 Home Loan

Special Rates 1,2 Home Loan Interest Rate (p.a.) Comparison Rate (p.a.)
Equal to or less than 60% LVR 5.89% p.a. 6.72% p.a.
Equal to or less than 70% LVR 6.09% p.a. 6.91% p.a.

1,2 Home Loan

1,2 Home Loan Interest Rate Comparison Rate
Owner occupied- P&I LVR <80% 6.24% p.a. 7.06% p.a.
Owner occupied- P&I LVR >80% to <90% 6.34% p.a. 7.16% p.a.
Owner occupied- P&I LVR >90% 6.54% p.a. 7.36% p.a.
Owner occupied- IO LVR <80% 6.94% p.a. 7.76% p.a.
Owner occupied- IO LVR >80% to <90% 7.09% p.a. 7.91% p.a.
Owner occupied- IO LVR >90% 7.19% p.a. 8.00% p.a.

Mutual Home Loan

Owner Occupied
  P&I IO
  Interest Rate Comparison Rate Interest Rate Comparison Rate
LVR <60% 6.89% p.a. 6.92% p.a. N/A N/A
LVR >60% - <70% 7.09% p.a. 7.12% p.a. N/A N/A
LVR >70% - <80% 7.24% p.a. 7.27% p.a. 7.94% p.a. 7.97% p.a.
LVR >80% - <90% 7.34% p.a. 7.37% p.a. 8.09% p.a. 8.12% p.a.
LVR >90% 7.54% p.a. 7.57% p.a. 8.19% p.a. 8.22% p.a.
Investment
  P&I IO
  Interest Rate Comparison Rate Interest Rate Comparison Rate
LVR <80% 7.74% p.a. 7.77% p.a. 8.19% p.a. 8.22% p.a.
LVR >80% - <90% 7.94% p.a. 7.97% p.a. 8.39% p.a. 8.42% p.a.

Affinity Home Loan

Affinity Home Loan Interest Rate (p.a.) Comparison Rate (p.a.)
Owner Occupied - P&I LVR ≤80% 7.16% p.a. 7.41% p.a.
Owner Occupied - P&I LVR >80% to ≤90% 7.26% p.a. 7.51% p.a.
Owner Occupied - IO LVR ≤80% 7.76% p.a. 8.00% p.a.
Owner Occupied - IO LVR >80% to ≤90% 7.91% p.a. 8.15% p.a.
Investment - P&I LVR <80% 7.56% p.a. 7.80% p.a.
Investment - P&I LVR >80% 7.74% p.a. 7.98% p.a.
Investment - IO LVR <80% 8.01% p.a. 8.25% p.a.
Investment - IO LVR >80% 8.21% p.a. 8.45% p.a.

First Home Buyer Loan

  Interest Rate (p.a.) Comparison Rate (p.a.)
Owner occupied | P&I | LVR <80% 7.24% p.a. 7.24% p.a.
Owner occupied | P&I | LVR >80% to <90% 7.34% p.a. 7.34% p.a.
Owner occupied | P&I | LVR >90% 7.54% p.a. 7.54% p.a.
Owner occupied | IO | LVR <80% 7.94% p.a. 7.94% p.a.
Owner occupied | IO | LVR >80% to <90% 8.09% p.a. 8.09% p.a.
Owner occupied | IO | LVR >90% 8.19% p.a. 8.19% p.a.

1 Year Fixed Rate Home Loan

1 year Fixed Rate Home Loan Interest Rate (No Offset) Comparison Rate (No Offset) Interest Rate (With Offset) Comparison Rate (With Offset)
Owner occupied- P&I LVR <60% 6.49% p.a.   5.80% p.a.   6.59% p.a.   5.81% p.a.  
Owner occupied- P&I LVR <70% 6.59% p.a.   5.99% p.a.   6.69% p.a.   6.00% p.a.  
Owner occupied- P&I LVR <80% 6.69% p.a. 6.31% p.a. 6.79% p.a. 6.32% p.a.
Owner Occupied- P&I LVR >80% to <90% 6.79% p.a. 6.41% p.a. 6.89% p.a. 6.42% p.a.
Investment- P&I LVR <80% 6.74% p.a. 7.66% p.a. 6.84% p.a. 7.67% p.a.
Investment- P&I LVR >80% to <90% 6.84% p.a. 7.85% p.a. 6.94% p.a. 7.86% p.a.
Investment- IO LVR <80%  6.99% p.a. 8.08% p.a. 7.09% p.a. 8.09% p.a.
Investment- IO LVR >80% to <90% 7.09% p.a. 8.27% p.a. 7.19% p.a. 8.28% p.a.

 

2 Year Fixed Rate Home Loan

2 year Fixed Rate Home Loan Interest Rate (No Offset) Comparison Rate (No Offset) Interest Rate (With Offset) Comparison Rate (With Offset)
Owner occupied- P&I LVR <60% 6.59% p.a. 5.89% p.a. 6.69% p.a. 5.91% p.a.
Owner occupied- P&I LVR <70% 6.69% p.a. 6.07% p.a. 6.79% p.a. 6.09% p.a.
Owner occupied- P&I LVR <80% 6.79% p.a. 6.37% p.a. 6.89% p.a. 6.39% p.a.
Owner Occupied- P&I LVR >80% to <90% 6.89% p.a. 6.48% p.a. 6.99% p.a. 6.50% p.a.
Investment- P&I LVR <80% 6.84% p.a. 7.58% p.a. 6.94% p.a. 7.60% p.a.
Investment- P&I LVR >80% to <90% 6.94% p.a. 7.76% p.a. 7.04% p.a. 7.78% p.a.
Investment- IO LVR <80%  7.09% p.a. 7.98% p.a. 7.19% p.a. 8.00% p.a.
Investment- IO LVR >80% to <90% 7.19% p.a. 8.16% p.a. 7.29% p.a. 8.18% p.a.

HomeBuilder Loan

HomeBuilder Loan Interest Rate (p.a.) Comparison Rate (p.a.)
Owner Occupied - P&I LVR ≤80% 6.67% p.a. 6.70% p.a.
Owner Occupied - P&I LVR >80% to ≤90% 6.77% p.a. 6.80% p.a.
Owner Occupied - P&I LVR >90% 6.87% p.a. 6.90% p.a.
Owner Occupied - IO LVR ≤80% 6.67% p.a. 6.70% p.a.
Owner Occupied - IO LVR >80% to ≤90% 6.77% p.a. 6.80% p.a.
Owner Occupied - IO LVR >90% 6.87% p.a. 6.90% p.a.

Relocation Home Loan

Relocation Home Loan Interest Rate (p.a.) Comparison Rate (p.a.)
Bridging Finance up to 12 months (with no end loan) 9.11% p.a. 9.14% p.a.
Bridging Finance up to 12 months for sale and 30 years for remaining loan (with end loan) 7.96% p.a. 7.99% p.a.

Car Loans

Car Loans Interest Rate (p.a.) Comparison Rate (p.a.)
Affinity Car Loan 6.95% p.a. 7.26% p.a.
Used Car Loan 10.95% p.a. 11.27% p.a.

Personal Loans

Personal Loans Interest Rate (p.a.) Comparison Rate (p.a.)
Home Improvement Loan From 9.95% p.a. 10.27% p.a.
Personal Loan/Debt Consolidation From 9.95% p.a. 10.27% p.a.

Overdrafts

Credit Facility Interest Rate (p.a.)
Overdraft From 14.30% p.a.

Credit Cards

Credit Card - Amigo Interest Rate (p.a.)
Balance Transfer 4.99% p.a.
Purchases and Cash Advances 11.99% p.a.

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Important information

Footnotes:

  • 1 Interest rate is 1% below the Geelong Bank Mutual Home Loan variable rate, (determined by loan to value ratio and repayments) for the first two years of the loan. At the end of two years, the interest rate reverts to the carded Geelong Bank Mutual Home Loan variable rate.
  • 2 Comparison rate is based on a secured loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • 3 Eligibility is limited to new borrowings for purchases of dwellings or land on which a dwelling is to be built and refinances from other financial institutions to Geelong Bank’s 1, 2 Home Loan. Geelong Bank may vary or end this offer at any time without notice. Excludes refinances of existing Geelong Bank home loans.
  • 4 Personal loan rate applies if vehicles are >5 years old. Loans subject to normal lending criteria and approval and must have manufacturer’s warranty.
  • 5 Comparison rates are based on a secured loan of $30,000 over a term of 5 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
  • 6 The Amigo Visa Credit Card is issued on behalf of Ford Co-operative Credit Society Limited ABN 74 087 651 456 trading as Geelong Bank by Community First Bank ABN 80 087 649 938, AFSL and Australian Credit Licence Number 231204. Amigo: Credit eligibility criteria, terms and conditions, fees and charges apply. Rates are current as at 12/12/2016 and subject to change without notice. This is an introductory rate for 6 months only on balance transfers. This introductory rate is for 6 months from funding. After the initial 6 month introductory period, the interest rate of 4.99% p.a. will revert back to the standard credit card rates at the time. Currently this rate is 11.99% p.a. This offer is only available for new applications and can be withdrawn at any time without notice.

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