A redraw facility allows you to make additional payments, without penalty, to your loan. Generating an interest reduction on your loan and allowing you access to the funds should you need.
Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. 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 Low Rate Essentials variable rate is available for a limited time only and may be varied or withdrawn at any time.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.
^Subject to lending criteria. LMI required if borrowing more than 80% of the security property value.
*Standard Investment Fixed Home Loan or Premium Package Investment Fixed Home Loan. The Redraw facility isn’t available on fixed rate loans.