The Aussie Optimizer Plus Variable rate loan with a low ongoing management fee for those borrowing over $350,000. Includes a range of features, and competitive interest rates to suit your particular situation.

Principal & Interest Interest Rates

Owner Occupier P&I Variable Rate from -  [rates|OO-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I] % p.a. rate|OO-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I * 
Comparison Rate -  [comp-rates|OO-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I] % p.a. comprate|OO-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I * 

Investment P&I Variable Rate from  -  [rates|INV-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I] % p.a. rate|INV-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I * 
Comparison Rate -  [comp-rates|INV-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I] % p.a. comprate|INV-Aussie-Optimizer-Plus-Variable-Rate-under-750k-LVR<=80-P&I *

Loan Size

Minimum - $100,000
Maximum - $5,000,000, dependent on LVR

Maximum LVR for other rates


Loan Term

Up to 30 yrs

Offset Account

100% offset facility available

Loan Repayments

Principal & Interest or Interest Only
Interest Only: Maximum term of 5 yrs
Interest rates vary between Principal & Interest and Interest
Only loans. For a full schedule of applicable rates click here

Payment Frequency

Fortnightly or Monthly

Paid By

Direct Debit or Direct Salary Crediting

Additional Payments

Yes, any time free of charge


Internet, Phone, BPAY, ATM, EFTPOS

LMI Capitalisation for other rates

Yes up to maximum LVR of 95%


Application Fee


Loan Settlement Fee


Valuation Fee

Free for 1st valuation up to $300

Solicitors Fee

Advised by solicitor

Ongoing Fee

$198 per annum


No fees to withdraw via internet or telephone access.
Automatic redraw min. $100 via website once access set up.

Split Loan

Yes at no extra cost
Pre settlement up to 2 splits
Maximum 6 splits available.

Convert to fix

Yes at no extra cost



Discharge Fee



you can apply for an increase to the principal 6 months after settlement. All loan variations are subject to approval.
$300 variation fee

More Info

What you get with this home loan

Not only a range of discounted rates, but it also comes with great flexible features.

  • Get discounted variable rates depending on the amount you borrow compared to the value of the property (loan to value ratio). The lower the LVR the higher the discount.
  • Redraw - make additional repayments to reduce your interest and redraw the extra funds whenever you need them.
  • Offset Facility - 100% Offset facility can be linked to the loan. Funds stored in this account are offset daily against your outstanding loan balance, reducing the interest payable on that loan.
  • Split the loan – fix the rate on part of it. It's free to do this before settlement.
  • Convert to a fixed rate – any time that you need to be certain about the amount of your monthly repayments.
  • Choose to pay interest only.
  • Choose between fortnightly and monthly repayments.
  • Access our BPAY functionality.
  • Get a deposit card and access any redraw via ATM, transactional fees may apply.

You'll also get online access to view all transactions associated with your loan, and a printed statement every 6 months. For additional statements you'll be charged $15.

This loan is portable, but if you choose to switch the property acting as security there is a $600 fee.

What you need to know about this loan

  • It's only for residential properties.
  • The maximum loan term is 30 years.
  • It's free to request a redraw via our website or our customer service team.
  • It's free to split the loan after settlement.
  • There are no deferred establishment fees.
  • $198 fee per annum is payable.

Amount you can borrow

We assess the maximum amount that can be borrowed on a case by case basis. We generally consider a few things such as the size of your deposit and the Loan to Value Ratio (LVR). The LVR is the percentage of the property's value you wish to borrow.

How to make this loan work best for you

Get your salary paid into your loan account and redraw the funds you need. Remember, redraws are free if you request them online. This way you can reduce the amount of interest you need to pay and save money.

For a full schedule of applicable rates for these products, click here.

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