Home Loan Rates | Nova Alliance Bank

Residential lending interest rates

See our home loan glossary for detailed explanations of lending terms such as LVR, LMI and many more.

Variable – Owner Occupied Lending


Home Loan type	Rate

Complete Home Loan	Principal & Interest	Principal & Interest Comparison rate	Interest Only	Interest Only Comparison rate
LVR ≤ 60%	2.84% p.a.	3.09% p.a.	3.44% p.a.	3.29% p.a.
LVR 60.01-80%	3.04% p.a.	3.29% p.a.	3.64% p.a.	3.49% p.a.
LVR 80.01-90%	3.84% p.a.	4.08% p.a.	N/A	N/A
LVR > 90%	4.04% p.a.	4.28% p.a.	N/A	N/A

Variable-Residential Investment Lending

Complete Home Loan Rate	Principal & Interest	Principal & Interest Comparison rate¹	Interest Only	Interest Only Comparison rate¹
LVR< 60% Complete	3.04% p.a.	3.29% p.a.	3.44% p.a.	3.41% p.a.
LVR 60.1-80% Complete	3.24% p.a.	3.49% p.a.	3.64% p.a.	3.61% p.a.
80.1-90% Complete	4.19% p.a.	4.43% p.a.	N/A.	N/A.
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Fixed Rate-Owner Ocuppier Lending


Home Loan type	Rate

Complete Home Loan	Principal & Interest	Principal & Interest Comparison rate	Interest Only	Interest Only Comparison rate
1 Year Complete	4.29% p.a.	3.40% p.a.	4.69% p.a.	3.58% p.a.
2 Year Complete	4.99% p.a.	3.63% p.a.	5.39% p.a.	3.78% p.a.
3 Yera Complete	5.29% p.a.	3.87% p.a.	5.69%	4.09%
4 Year Complete	5.39% p.a.	4.08% p.a.	5.79%	4.20%
5 Year Complete	5.49% p.a.	4.30% p.a.	5.89%	4.40%

Fixed Rate – Residential Investment Lending

Complete Home Loan Rate	Principal & Interest	Principal & Interest Comparison rate¹	Interest Only	Interest Only Comparison rate¹
1 Year Complete	4.49% p.a.	3.60% p.a.	4.69% p.a.	3.70% p.a.
2 Year Complete	5.19% p.a.	3.83% p.a.	5.64% p.a.	3.88% p.a.
3 Year Complete	5.44% p.a.	3.83% p.a.	5.64% p.a.	3.88% p.a.
4 Year Complete	5.54% p.a.	4.05% p.a.	5.74% p.a.	4.09% p.a.
5 Year Complete	5.64% p.a.	4.28% p.a.	5.84% p.a.	4.31% p.a.

*
All lending interest rates are subject to change. Rates are for new business and may differ for existing customers. Fees and Charges may be applicabl

1 Important information about comparison rate: The comparison rate displayed is calculated for a loan of $150,000 over 25 years. If the comparison rate relates to a loan with a fixed interest rate, the comparison rate has been calculated on the basis that our current applicable variable rate will apply at the end of the fixed rate period. WARNING: The 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.
All lending interest rates are subject to change.

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NOVA Mutual Limited ACN 087 650 440 (NOVA) is an agent of Bendigo and Adelaide Bank Limited (Bendigo Bank) ACN 068 049 178 AFSL/Australian Credit Licence 237879 in the distribution of NOVA Alliance Bank® branded products and services. NOVA also has arrangements with other third parties as detailed in the Financial Services Guide.

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