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Rates: Commercial & Home Loan |
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Effective Date: 12 November 2008 Loan Type | Rate %p.a. | Comparison Rate %p.a.# |
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Home Loans |
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| HeadStart Home Loan (6 month introductory)*
| 6.34 | 7.99 | HeadStart Home Loan (12month introductory)* | 7.24 | 8.00 | The Basics Home Loan | 7.24 | 7.37 | First Step Home Loan* | 7.50 | 7.65 | Standard Variable Rate Home Loan | 7.95 | 8.00 | Revolving Line of Credit – Personal | 7.95 | - | Equity Loan* | 8.45 | 8.50 | | | 1 Year Fixed Rate | 6.89 | 7.96 | 2 Year Fixed Rate | 6.99 | 7.88 | 3 Year Fixed Rate | 6.99 | 7.79 | 4 Year Fixed Rate | 7.25 | 7.81 | 5 Year Fixed Rate | 7.25 | 7.76 | | | Commercial Loans |
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| Bridging Loan | 8.45 | 8.51 | Bridging Loan (with interest capitalisation) | 9.45 | 9.51 | Revolving Line of Credit– Commercial | 8.60 | - | Prime Lending | 11.05 |
| Overdraft | 12.35 | | Unarranged Overdraft | 16.35 |
| # The Comparison Rate is based on a secured loan amount of $150,000 and is calculated over a term of 25 years based on monthly repayments.
* This product is no longer available.
 Download the current Comparison Rate Schedule (Adobe PDF format).
Note: - Fees and charges are payable.
- Conditions apply.
- Rates subject to change without notice.
WARNING: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
A Comparison Rate Schedule is available at any Arab Bank Australia Limited branch.
All rates apply to home loans approved for borrowings in Australian Dollars.
Whilst every effort is taken to ensure that rates are up to date, Arab Bank Australia takes no responsibility for errors herein.
All interest rates are % per annum.
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