Commonwealth Bank Standard Variable
5.90%
6.03%
$96
Moneybuddy says
The Commonwealth Bank Standard Variable Home Loan offers many features that many other home loan providers do not, with options of fantastic add-ons such as fee free transaction accounts!
The Basics
Max LVR 95.00%
Interest type Variable rate
Headline interest rate p.a. 5.90%
Comparison rate p.a. 6.03%
Annual fee $96
The cool stuff: features
Draw down loan progressively -
Insurance details -
Loan is Transferable -
Line of credit available No
Product suits Owner - Occupier
The Facts & Figures
Introductory rate p.a. -
Introductory term -
Interest rate (p.a.) 1 year 5.90%
Interest rate (p.a.) 2 years 5.90%
Interest rate (p.a.) 3 years 5.90%
Interest rate (p.a.) 4 years 5.90%
Interest rate (p.a.) 5 years 5.90%
Interest rate (p.a.) 7 years 5.90%
Interest rate (p.a.) 10 years 5.90%
Interest rate (p.a.) 15 years 5.90%
Comparison rate (p.a.) 1 year 6.28%
Comparison rate (p.a.) 2 years 6.93%
Comparison rate (p.a.) 3 years 6.93%
Comparison rate (p.a.) 4 years 6.93%
Comparison rate (p.a.) 5 years 6.93%
Comparison rate (p.a.) 7 years 6.93%
Comparison rate (p.a.) 10 years 6.93%
Comparison rate (p.a.) 15 years 6.93%
Minimum loan term -
Maximum loan term -
Min loan amount -
Max loan amount -
Early repayments -
Redraw facility Yes
Repayment holiday Yes
Ability to split loan Yes
Extra repayments Yes
Offset account available Yes
Interest only payments Yes
The ugly stuff: fees
Application fee $600
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee -
Comparison Rate Disclaimer -
All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.
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.
Commonwealth Bank says
With a variety of features and a competitive variable rate, you’ll enjoy the flexibility of our Standard Variable Rate Home!
Key features
- Variable rate home loan with a discounted introductory rate
- $600 application fee
- $96 annual fee
- Interest only option
- Additional repayments permitted
- Split loan feature Repayment holiday
- Redraw feature to access funds
- Construction loan available
- Minimum deposit of 5%
Pros
- Availability of beneficial add-ons
- Repayment holidays permitted
- Flexible repayment options
- Can make your repayments weekly, fortnightly or monthly
- Ability to move your loan with you
- Ability to increase your loan
Cons
- $600 application fee
More from Commonwealth Bank
Interested in this home loan?
My shortlist
You can shortlist products here & email them later.
No products currently shortlisted.
Search
Special offers
Australia Mortgage Brokers
-
Australian Debt ReductionTel: 1300 306 272
70 Phillip Street, Sydney - NSW 2000
Services we offer
- Personal Loan
-
Cherry Home Loans
Tel: 08 8260 8238
Innovation House, 50 Mawson Lakes Boulevard, Mawson Lakes - SA
Services we offer
- Car Loan
- Home Loan
- Personal Loan
Want to feature here? Add your business.
Warning about Borrowing