BankSA Home Loans

Rates and Fees verified correct on December 5th, 2016
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Your guide to home loans from BankSA.

The largest financial institution in South Australia, BankSA opened its first branch in 1848. Now a part of the Westpac Group, the bank offers an extensive range of financial products and services.

$1,500 rebate when you switch over to the BankSA Advantage Package

If you are looking to refinance and are an owner occupier if apply for an Advantage Package fixed or variable home loan, BankSA will give you $1,500 cashback to help you with the costs of switching. Your loan must be over $100,000 and be refinanced from any lender except St.George, Westpac, BankSA, Bank of Melbourne and RAMS.

Compare BankSA home loans

Rates last updated December 5th, 2016
$
Loan purpose
Offset account
Loan type
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Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
BankSA Standard Variable Rate Home Loan - Owner Occupier, IO
A flexible standard variable rate home loan with redraw and family guarantee options.
5.33% 5.50% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Basic Home Loan - Promotional Rate (Owner Occupiers, P&I)
A variable rate home loan with low promotional rate. $1,500 cash back offer available to refinancers, conditions apply.
4.08% 4.09% $0 $0 p.a. 95% More info
BankSA Portfolio Home Loan - Owner Occupiers
A flexible line of credit that allows borrowers to access funds up to their available credit limit.
5.63% $700 $200 p.a. 90% More info
BankSA Fixed Rate Home Loan - 5 Year Fixed (Owner Occupier)
A 5 years fixed rate loan with redraw facility and the ability to borrow up to 95% LVR.
4.54% 5.16% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Fixed Rate Home Loan - 4 Year Fixed (Owner Occupier)
A fixed home loan with high LVR and pay low ongoing service fee.
4.74% 5.29% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Fixed Rate Home Loan - 3 Year Fixed (Owner Occupier)
3 years fixed with the minimum loan amount of $10,000.
4.24% 5.20% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier)
Enjoy a 2 years fixed rate with low interest rate and low ongoing service fee.
4.14% 5.27% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Fixed Rate Home Loan - 1 Year Fixed (Owner Occupier)
Borrow up to 95% LVR with redraw faciloty and split loan option.
4.54% 5.42% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Basic Home Loan - Regular Rate (Owner Occupiers, P&I)
A basic variable rate, no frills home loan with a low variable interest rate. $1,500 cash back offer available to refinancers, conditions apply.
4.71% 4.76% $0 $0 p.a. 95% More info
BankSA Advantage Package Home Loan - 1 Year Fixed (Owner Occupier)
A 1 year fixed rate home loan with flexible repayment options. $1,500 cash back offer available to refinancers, conditions apply.
4.39% 5.18% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - 2 Year Fixed (Owner Occupier)
A 2 year fixed rate with great savings across fees and other products. $1,500 cash back offer available to refinancers, conditions apply.
3.99% 5.07% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - 3 Year Fixed (Owner Occupier)
A 3 years fixed rate that allows borrowers to borrow from $150000 up to $10000000.
4.09% 5.02% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - 4 Year Fixed (Owner Occupier)
Ideal for borrowers who wants security with their repayments. $1,500 cash back offer available to refinancers, conditions apply.
4.59% 5.14% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - 5 Year Fixed (Owner Occupier)
Have peace of mind and comfort in budgeting knowing that repayments stay the same over the fixed period.
4.39% 5.04% $0 $395 p.a. 95% More info
5.03% $0 $395 p.a. 95% More info
4.83% $0 $395 p.a. 95% More info
4.78% $0 $395 p.a. 95% More info
BankSA Portfolio Home Loan with Advantage Package - Variable ($100,000 - $149,999)
This variable home loan allows borrowers to borrow up to $149999 and can be payable up to 40 years.
5.38% $0 $395 p.a. 90% More info
BankSA Portfolio Home Loan with Advantage Package - Variable ($150,000 - $249,999)
This variable home loan offers a limited time discount on home loan interest rate that can enjoy. $1,500 cash back offer available to refinancers, conditions apply.
5.13% $0 $395 p.a. 90% More info
BankSA Portfolio Home Loan with Advantage Package - Variable ($250,000 - $499,999)
This variable home loan allows borrowers to borrow up to $499999 and can be payable up to 40 years.
4.93% $0 $395 p.a. 90% More info
BankSA Portfolio Home Loan with Advantage Package - Variable ($500,000 - $749,999)
This variable home loan allows borrowers to borrow up to $749999 and can be payable up to 40 years.
4.93% $0 $395 p.a. 90% More info
BankSA Portfolio Home Loan with Advantage Package - Variable ($750,000 - $999,999)
This variable home loan allows borrowers to borrow up to $999999 and can be payable up to 40 years.
4.93% $700 $395 p.a. 90% More info
BankSA Portfolio Home Loan with Advantage Package - Variable ($1 Million +)
This variable home loan allows borrowers to borrow a minimum loan amount of $1000000.
4.93% $0 $395 p.a. 90% More info
BankSA Low Doc Home Loan - Variable (Owner Occupier)
This variable home loan allows low doc borrowers to borrow up to $1500000 and can be payable up to 30 years.
5.44% 5.64% $750 $12 monthly ($144 p.a.) 80% More info
BankSA Low Doc Home Loan - 1 Year Fixed
Lock in your rate for 1 year and protect yourself from rising interest rates.
4.54% 5.59% $750 $12 monthly ($144 p.a.) 80% More info
BankSA Low Doc Home Loan - 3 Year Fixed
A 3 year fixed rate that will give ease in budgeting and repayment security.
4.24% 5.34% $750 $12 monthly ($144 p.a.) 80% More info
BankSA Low Doc Home Loan - 5 Year Fixed
Ideal for borrowers who want security knowing that repayments will not change over the fixed period.
4.54% 5.28% $750 $12 monthly ($144 p.a.) 80% More info
BankSA Super Fund Home Loan - 1 Year Fixed
Borrow from $100000 up to $2000000.
5.19% 5.79% $1,500 $12 monthly ($144 p.a.) 80% More info
BankSA Super Fund Home Loan - 2 Year Fixed
A rate locked in for 2 years on your SMSF property.
4.99% 5.72% $1,500 $12 monthly ($144 p.a.) 80% More info
BankSA Super Fund Home Loan - 3 Year Fixed
Borrow up to 80% loan-to-value ratio.
5.09% 5.69% $1,500 $12 monthly ($144 p.a.) 80% More info
BankSA Super Fund Home Loan - 4 Year Fixed
4 years fixed rate home loan with a maximum loan amount of $2000000.
5.39% 5.76% $1,500 $12 monthly ($144 p.a.) 80% More info
BankSA Super Fund Home Loan - 5 Year Fixed
Enjoy a 5 years fixed rate home loan with minimum loan amount of $100000.
5.39% 5.75% $1,500 $12 monthly ($144 p.a.) 80% More info
BankSA Portfolio Home Loan - 1 Year Fixed
Experience the ease of budgeting with BankSA Portfolio Home Loan - 1 Year Fixed.
4.79% $700 $200 p.a. 90% More info
BankSA Portfolio Home Loan - 2 Year Fixed
Lock in a rate for 2 years and protect yourself from the rising interest rates.
4.34% $700 $200 p.a. 90% More info
BankSA Portfolio Home Loan - 3 Year Fixed
Repayments and rate lock are available with BankSA Portfolio Home Loan - 3 Year Fixed.
4.44% $700 $200 p.a. 90% More info
BankSA Portfolio Home Loan - 4 Year Fixed
Features include redraw facility, rate lock, a partial interest offset facility, repayment pause and more!
4.99% $700 $200 p.a. 90% More info
BankSA Portfolio Home Loan - 5 Year Fixed
Plan your budget and have peace of mind knowing your repayments.
4.74% $700 $200 p.a. 90% More info
BankSA Relocation Loan - With end loan (Owner Occupiers, IO)
A relocation home loan that will allow borrowers to move in to new property while awaiting for the existing property to be sold.
5.29% 5.46% $600 $10 monthly ($120 p.a.) 95% More info
BankSA Relocation Loan - Without end loan (Owner Occupier,  IO)
No repayments are needed and interest is capitalised until the end of the Relocation Loan period.
5.29% 5.51% $1,350 $10 monthly ($120 p.a.) 95% More info
Rates last updated December 5th, 2016
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
4.44% 5.43% $600 $10 monthly ($120 p.a.) 95% More info
4.34% 5.51% $600 $10 monthly ($120 p.a.) 95% More info
4.64% 5.03% $0 $395 p.a. 90% More info
BankSA Advantage Package Home Loan - $1 Million+ (Investor, P&I)
Enjoy a great interest rate with $0 establishment fee when you borrow over $1000000 for your investment purchases.
4.84% 5.23% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - $750,000 to $999,999 (Investor, P&I)
When you borrow from $750000 up to $999999 access discounts as well as package benefits.
4.84% 5.23% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - $500,000 to $749,999 (Investor, P&I)
Get a discounted package rate when you borrow from $500000 up to $749999.
4.84% 5.23% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - $250,000 to $499,999 (Investor, P&I)
Borrow between $250000 to $499999 and package your next investment purchase.
4.84% 5.23% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - $150,000 to $249,999 (Investor, P&I)
Package your investment loan and borrow from $150000 up to $249999.
5.04% 5.43% $0 $395 p.a. 95% More info
BankSA Advantage Package Home Loan - $100,000 to $149,999 (Investor, P&I)
Borrow from $100000 up to $149999 for your investment purchase.
5.29% 5.67% $0 $395 p.a. 95% More info
4.74% 5.39% $600 $10 monthly ($120 p.a.) 95% More info
4.98% 5.37% $0 $395 p.a. 90% More info
4.78% 5.17% $0 $395 p.a. 90% More info
4.68% 5.07% $0 $395 p.a. 90% More info
4.73% 5.12% $0 $395 p.a. 90% More info
5.33% 5.71% $0 $395 p.a. 90% More info
5.08% 5.47% $0 $395 p.a. 90% More info
4.88% 5.27% $0 $395 p.a. 90% More info
5.63% $700 $200 p.a. 90% More info
4.88% 5.27% $0 $395 p.a. 90% More info
4.99% 5.54% $600 $10 monthly ($120 p.a.) 95% More info
4.88% 5.27% $0 $395 p.a. 90% More info
4.88% 5.27% $0 $395 p.a. 90% More info
4.64% 5.42% $0 $395 p.a. 90% More info
4.19% 5.30% $0 $395 p.a. 90% More info
4.29% 5.25% $0 $395 p.a. 90% More info
4.84% 5.38% $0 $395 p.a. 90% More info
4.59% 5.26% $500 $395 p.a. 90% More info
BankSA Standard Variable Rate Home Loan - Investor, IO
A flexible standard variable rate home loan for investors, with redraw and family guarantee options.
5.58% 5.75% $600 $10 monthly ($120 p.a.) 95% More info
5.00% 5.05% $0 $0 p.a. 95% More info
4.33% 4.34% $500 $0 p.a. 95% More info
5.69% 5.89% $750 $12 monthly ($144 p.a.) 80% More info
4.79% 5.83% $750 $12 monthly ($144 p.a.) 80% More info
4.44% 4.57% $750 $12 monthly ($144 p.a.) 80% More info
4.79% 5.67% $600 $10 monthly ($120 p.a.) 95% More info
4.74% 5.51% $750 $12 monthly ($144 p.a.) 80% More info

Who is BankSA?

BankSA is South Australia’s biggest provider of housing, personal finance and rural banking services. As well as financial solutions for businesses and the corporate world, its range of personal banking products includes everything from accounts and credit cards to insurance and personal loans. In terms of home loans, BankSA offers several products designed for a range of borrowers. Whether you’re a first-time buyer, an investor, renovating or looking to refinance an existing mortgage, BankSA has a home loan designed with you in mind.


Home loans offered by BankSA

Standard Variable Rate loan

This flexible loan boasts a competitive variable interest rate that isn’t locked in for a set term. It’s designed for those buying a home, building or buying vacant land. Loan features include flexible repayment options and a full interest offset facility to help you save interest on your home loan. Redraw and repayment pause are also available to borrowers. The Standard Variable Rate Home Loan

Fixed Rate home loan

The Fixed Rate home loan guards you from any fluctuations in interest rates. Fixing your interest rate for a set period lets you know exactly where you stand with your budget and how much you'll spend on repayments. Payments can be principal and interest or interest-only, and a redraw facility is also available. Other features include repayment pause and discounted interest rates. The Fixed Rate Home Loan

Portfolio loan

The Portfolio loan is a flexible line of credit that combines your personal and investment finances into one home loan. You can designate as many as 10 sub-accounts in your loan and access the equity in your home while you pay off your loan. You can make deposits directly from your salary, while at the same time using your loan to make other investments and build your assets. Interest applies only to the outstanding balance, and you can choose to make repayments as often as you like (but at least monthly). The Portfolio Loan

Basic home loan

Boasting a low variable interest rate, this is a simple home loan for borrowers who like to keep things simple. It features flexible repayment schemes and no monthly fees, and is available to owners and investors buying property or vacant land purchase. The Basic Home Loan

Low Doc home loan

This loan can help self-employed borrowers and those who aren’t able to supply the required proof of income to apply for a regular home loan. This loan lets you choose from a fixed or variable rate or a combination of the two, while its features include an offset account, a redraw facility and a rate lock option. The Low Doc Home Loan

Advantage Package

The Advantage Package lets you group your home loan, credit card and transaction account together in one package deal. Not only does this let you combine your three most important accounts in one spot, but it also lets you save on fees. Package features include interest rate discounts, flexible repayment options, and no establishment, monthly or annual fees. It’s perfect for first-home buyers, investors and refinancing. The Advantage Package Home Loan

Other products

Other BankSA loans include the Low Doc Portfolio, which is designed for self-employed borrowers seeking a line of credit, and the Relocation Loan which lets you buy a new home before you have sold your existing residence. About how to compare home loans


Pros and cons of BankSA home loans

Pros

  • Large range of loans. Unlike speciality lenders or online lenders, Bank SA has a large range of loans which include loans for those who are self-employed.
  • Large number of branches. If you enjoy doing your banking at a physical branch BankSA have many branches, and because of their partnership with St.George and Westpac this means all kinds of Australians can access their products.

Cons

  • Standard interest rates. Because BankSA has a network of physical branches it can’t offer the super low interest rates online only lenders are offering, but still has competitive rates.

How to apply for a BankSA home loan

Applying for a BankSA home loan is a relatively straightforward process. You need to be 18 years or older to be eligible for a BankSA home loan.

Documents needed to apply for a BankSA home loan

Applying for a loan with BankSA will come with the regular document requirements. This means you'll have to supply your contact details, including your phone number and current address. You'll also have to give BankSA details about your employer and current employment. BankSA will want to know what your current assets and income is, and you'll need to provide information about the property you're purchasing.

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This page was last modified on 29 November 2016 at 11:29.

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