Our Low Rate Essentials Home Loan offers you our most competitive rate for the life of your loan with great flexibility and no annual fees.


  • No annual fees
  • Unlimited extra repayments and redraw facility available
  • Option to split variable and fixed rates
  • Interest rate lock for up to 90 days

Product Features:

Home Loans
Establishment Fee : $0
Valuation Fee : $0
Annual Fee : $0
Monthly Fee : $0
Discharge Fee : $300
Redraw Facility : Minimum $500 per redraw
Redraw Fee : $0
Loan Repayment Insurance : No
Additional Repayments Accepted : Yes
Additional Repayments Fee : $0
ATM/EFTPOS Access : No
Branch Access : Yes
Split Loans : Yes

Having trouble deciding what's right for you?

Use our comparison tool to help find the best home loan for you.

Loan Repayments Calculator

Gateway reserves the right to vary these interest rates at any time. Applications for finance are subject to our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.

Comparison rates are calculated based on a loan amount of $150,000 over a 25-year term. WARNING: Comparison rates are 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. Low Rate Essentials variable rate is available for a limited time only and may be varied or withdrawn at any time. This offer is available for new loans of $150,000 or more and top ups of $50,000 or more.


  • 1 Special Offer Rate for Aggregate Investor Borrowings with Gateway Bank over $500,000.
  • 2 Applies to standard single residential dwellings to $1 million in Metro locations and $500,000 in Regional locations (maximum land area 2.2ha/5 acres). An additional valuation fee may apply for non-standard properties
  • 3 Redraw is only available on variable rate home loans and requests are subject to approval. Minimum redraw amount is $500. Fee-free redraws are only available through Online Banking, any other form of request will incur a $5 redraw fee. The available loan redraw amount is calculated by taking the sum of any additional loan repayments you may have made, less your next scheduled loan repayment.
  • 4 A loan can be split up to 4 loan accounts without cost. Fees apply thereafter.