Basic Variable Investment Loan

Summerland Bank's Basic Variable Investment Loan is a home loan. The figures are the ones Summerland Bank publishes under the Consumer Data Right today. The advertised rate last moved on 22 October 2026, up from 6.09% to 6.34%.

Advertised rate

6.34%

headline tier

Comparison rate

6.40%

as published

Last moved

+0.25pp

22 October 2026

Advertised rate, last 30 days. Between 6.09% and 6.34% over the last 30 days.

Every current rate (3)

Tier	Rate	Comparison
Variable, Investor, P&I, LVR up to 60%, $150,000 and over	6.34%	6.40%
Variable, Investor, P&I, LVR up to 80%, $150,000 and over	6.49%	6.55%
Variable, Investor, P&I, $30,000 and over	7.04%	7.20%

Rate moves, last 30 days

22 October 2026: 3 tiers lifted 0.25pp; the lowest, Variable, Investor, P&I, LVR up to 60%, $150,000 and over, from 6.09% to 6.34%.

Published fees

Fee	Amount
Establishment Feeupfront	$300
Loan Increase Feeupfront	$300
Valuation Feeupfront: Valuation Fee - Residential $300; Valuation Fee - Non-Residential is at cost.	$300
Legal Feeupfront: Legal Fee - residential $200; Legal Fee - Non Residential at cost.	$200
Redraw Fee - Assistedper transaction	$25
Redraw Fee - Electronicper transaction	$0
Contract Variation/Consent Feewhen it happens	$300
Mortgage Discharge Feeper transaction	$250
QuickDebit Dishonour Feewhen it happens	$15
Loan Administration Feerecurring	$8
Guarantee Establishment Feeupfront	$200
Settlement Feeupfront	see lender

Other Summerland Bank home loans

ECO Home Loan 6.09%Basic Variable Home Loan 6.14%Premium Variable Home Loan 6.24%ECO Investment Home Loan 6.34%Fixed Rate Loan 6.35%Premium Variable Investment Ln 6.44%Fixed Rate Investment Loan 6.49%

Get an email the morning Summerland Bank moves this rate.

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