^ Comparison rate calculated on a $150,000 secured loan over a 25 year term.

WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for variable Interest Only loans are based on an initial 5-year Interest Only period. Comparison rates for fixed Interest Only loans are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Government charges apply.

The Canstar 2020 Innovation Excellence Award was received in March, 2020 for the Automatic Rate Match product. The Canstar 5 Star Rating for Outstanding Value Home Loans was awarded in March, 2020 for the Investment Variable Home Loan product.

Discounts are applied to Fixed P&I products based on Loan to Value Ratio (LVR) and are 0.15% for ≤60%, 0.10% for 60-70% LVR, and 0.05% for 70-80% Fixed IO products have a single discount across all tiers of 0.05%. Interest rates may change at any time. The applicable interest rate will be the advertised rate on the day of settlement for new loans or the day of processing for variations to existing loans.

Note: If your LVR is exactly 60%, you would qualify for the ≤60% LVR tier. If your LVR is exactly 70%, you would qualify for the 60-70% LVR tier. LVR is calculated using Loan Amount, which does not include redraw or offset funds and based off your property value from the approved property valuation at the time you originally applied for the loan.

** The interest savings estimate is an average of modelled savings of real customers who have refinanced to Athena since launch. The savings are modelled estimates only, and are not a prediction. The actual future savings of these customers may be higher or lower. The estimated savings depend on assumptions that may change over the life of the loan, such as future interest rates and future borrower repayment behaviour. In making the average savings estimate, we assume the rates of the existing lender and Athena continue for the life of the loan, and we do not include the fees which may be charged by the existing lender. The remaining term and repayment frequencies are assumed to be the same as the Athena loan, and all repayments are assumed to be made on time with no redraws or credit limit increases. Every borrower’s situation is different. Your actual savings opportunity may differ from this average.

¹A like-for-like loan means the product name (eg. Owner P&I Var) and LVR tier (eg. Liberate, Evaporate, Celebrate) advertised to new customers must be the same product name and the same LVR tier that you have as an existing customer. Applies to variable loans only. The way we construct and name products may include a combination of the loan’s purpose (eg. Owner Occupier, Investor), repayment type (eg. P&I, IO), loan type (eg. Variable), borrower type, different features or specific qualification criteria. None of these criteria will be designed to favour new customers over existing customers. If we ever tempt new customers with a lower rate for our like-for-like loan, anyone who’s on it will get the automatic rate-match. Sweet. It’s an Aussie first!