Product Summary

Geelong Bank offers the following home loans to meet your individual needs

1,2 Home Loan

Introducing the 1, 2 home loan: 1% less for 2 years.

✓ 1% lower rate for the first two years
✓ 100% mortgage offset account
✓ Free redraw

5.89 % pa Interest rate 6.72 % pa Comparison rate

Owner occupied, P&I, LVR <60%

Mutual Home Loan

The Mutual Home Loan is a flexible loan suitable for owner occupiers and investors with no on-going fees.

✓ 100% mortgage offset account
✓ Free redraw
✓ $0 Annual fee

6.89 % pa Interest rate 6.92 % pa Comparison rate

Owner occupied, P&I, LVR <60%

Affinity Home Loan

The Affinity Home Loan package has features that help you to pay off your loan sooner and minimise interest charges.

✓ Offset account available
✓ Free redraw
✓ $0 Establisment fee

7.16 % pa Interest rate 7.41 % pa Comparison rate

Owner occupied, P&I, LVR <80%

First Home Buyers

This loan is suitable for home improvements including sustainable renovations like solar panels, double glazed windows, external awnings, insulation, rain water tanks and other improvements to your home. A discounted interest rate applies without the need to add to your existing home loan.

Personal Loan/Debt Consolidation ¹

To help with your kids education, purchasing a caravan or boat, buying new furniture, taking that much needed holiday or debt consolidation, whatever the purpose Geelong Bank can offer you a personal loan to suit your needs.

1 Year Fixed Rate Home Loan

Our 1 year fixed rate home loan is ideal for residential owner occupied or investment purchase, refinance, consolidate debts, release equity for personal or investment purposes.

✓ $0 Monthly Fee
✓ Offset account optional Extra +0.10%
✓ Rate Lock Available

5.99 % pa Interest rate 6.82 % pa Comparison rate

Owner occupied, P&I, no offset, LVR <60%

2 Year Fixed Rate Home Loan

Our 2 year fixed rate home loan is ideal for residential owner occupied or investment purchase, refinance, consolidate debts, release equity for personal or investment purposes.

✓ $0 Monthly Fee
✓ Offset account optional Extra +0.10%
✓ Rate Lock Available

5.50 % pa Interest rate 6.64 % pa Comparison rate

Owner occupied, P&I, no offset, LVR <60%

HomeBuilder Loan

Looking to build a new home or substantially renovate your current home?

✓ Family Guarantee
✓ Free redraw
✓ $0 Annual fee

6.67 % pa Interest rate 6.70 % pa Comparison rate

Owner occupied, P&I, LVR <80%

Relocation Home Loan

The relocation loan is a bridging facility that will allow you to achieve this without the need to sell your existing home first.

✓ Additional Repayments Accepted
✓ $0 Annual fee

7.96 % pa Interest rate 7.99 % pa Comparison rate

Owner occupied, P&I, with end loan, LVR <80%

Refinance your Home Loan and save

Our online calculator is fast and easy. Find out how much you could save by switching to Geelong Bank.

How Your Family Can Help

Getting a foot on the property ladder is increasingly difficult for first home buyers, and many look to help from their families to pull together a deposit sooner. There are many options available that allow someone to contribute money towards a home, in return for shared equity in the property.

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.