Lenders › Gateway Bank › Low Rate Essentials Int Only
Gateway Bank · Home loans
Low Rate Essentials Int Only
Gateway Bank's Low Rate Essentials Int Only is a home loan. The figures are the ones Gateway Bank publishes under the Consumer Data Right today. The advertised rate last moved on 13 October 2026, up from 6.89% to 7.14%.
Advertised rate
7.14%
headline tier
Comparison rate
7.16%
as published
Last moved
+0.25pp
13 October 2026
Advertised rate, last 30 days. Between 6.89% and 7.14% over the last 30 days.
Every current rate (6)
| Tier | Rate | Comparison |
|---|---|---|
| Variable, Owner occupier, Interest only, LVR up to 50% | 7.14% | 7.16% |
| Variable, Owner occupier, Interest only, LVR 50 to 60% | 7.14% | 7.16% |
| Variable, Owner occupier, Interest only, LVR 60 to 70% | 7.19% | 7.21% |
| Variable, Owner occupier, Interest only, LVR 70 to 80% | 7.54% | 7.56% |
| Variable, Owner occupier, Interest only, LVR 80 to 85% | 9.26% | 9.29% |
| Variable, Owner occupier, Interest only, LVR 85 to 95% | 9.66% | 9.69% |
Rate moves, last 30 days
- 13 October 2026: 6 tiers lifted 0.25pp; the lowest, Variable, Owner occupier, Interest only, LVR up to 50%, from 6.89% to 7.14%.
Published fees
| Fee | Amount |
|---|---|
| Discharge Fee - First Securityon exit: Discharge Fee - First Security | $300 |
| Legal Feeupfront: Legal Fee | $275 |
| Top-Up Feeper transaction: Top up fee | $200 |
| Switch Feewhen it happens: Payable if Gateway agrees to vary the Loan Agreement on existing Gateway loan as follows: Product switch (e.g. | $150 |
| Security Variation Feewhen it happens: Payable if Gateway agrees to vary the security on an existing loan | $200 |
| Discharge Fee - Per Additional Securityon exit: Discharge Fee - Per Additional Security | $95 |
| Establishment Feeupfront: Payable at settlement of new loan, and may be payable at substitution of security or when adding a new security | $0 |
| Valuation Feeupfront: Payable if valuation required per property Applies to standard single residential dwellings to $1 million in Metro locations and $500,000 in Regional locatio | $0 |
| Split Feeupfront: Two loan accounts (i.e. | $99 |
| Exit Feeon exit: Nil | $0 |
| Annual Package Feeupfront: Payable at settlement and then again on each anniversary. | $0 |
| Mortgage Resgistration Feeupfront: Government charges at cost | $0 |
Other Gateway Bank home loans
Green Plus Home Loan 6.10%Low Rate Essentials 6.14%Allium Money Essentials 6.19%Allium Money Premium 6.24%Premium Package 6.24%Allium Money Essentials IO 6.34%Green Home Loan 6.35%Allium Premium 1Yr Fixed 6.52%Allium Money Premium IO 6.54%Premium Package 1Yr Fixed 6.54%Allium Premium 2Yr Fixed 6.57%Green Plus Home Loan IO 6.59%
Get an email the morning Gateway Bank moves this rate.
Every Gateway Bank rate · every home loan rate compared · other lenders · this product in the explorer.