Home loan · Variable

Discounted Ultimate Packaged Home Loan Variable

Loan for
Repayments

7.05%comparison rate p.a. · 6.69% advertised · With a package · $395 a year

Variable · P&I · Owner-occupier · ≤80% LVR

118th of 149 variable owner-occupier P&I loans

Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This 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.

Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Application fee
$500
Ongoing fee
None
Discharge fee
$300
Compare all 859 home loans

Variable · P&I · Owner-occupier · ≤80% LVR
7.05% comparison · 6.69% advertised
Variable · Interest Only · Owner-occupier · ≤80% LVR
7.07% comparison · 6.79% advertised
Variable · P&I · Investor · ≤80% LVR
7.25% comparison · 6.89% advertised
Variable · Interest Only · Investor · ≤80% LVR
7.27% comparison · 6.99% advertised

Application fee
$500
Ongoing fee
None
Discharge fee
$300
Package (a package)
$395 a year
Redraw fee
None

Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Portable
No
Repayment holiday
No

Minimum loan
$150,000

  • Discounted Ultimate Packaged Home Loan Variable · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00SepOctToday7.05% p.a. today

November 20264 changes

  1. 13Fri
    • Variable investor P&I 7.00 → 7.259 days after the RBA rise to 4.85%
      +0.25
    • Variable owner-occupier interest-only 6.82 → 7.079 days after the RBA rise to 4.85%
      +0.25
    • Variable owner-occupier P&I 6.80 → 7.059 days after the RBA rise to 4.85%
      +0.25
    • Variable investor interest-only 7.02 → 7.279 days after the RBA rise to 4.85%
      +0.25

Packaged home loan, with multiple features for one annual fee

Also from Greater Bank: Discounted Great Rate Home Loan Variable 6.35% · Great Rate Home Loan Fixed 7.59% · Ultimate Packaged Home Loan Fixed 7.79% · Great Rate Home Loan Variable 8.37% · Ultimate Packaged Home Loan Variable 8.50%

As of 14 November 2026, the Greater Bank Discounted Ultimate Packaged Home Loan Variable's variable owner-occupier P&I variant has a comparison rate of 7.05% (6.69% advertised), ranking 118th of 149 variable owner-occupier P&I loans and sitting 0.21 points above the market average of 6.84%. The product comes in 4 variants; the others are investor and interest-only. Its rate last moved on 13 November 2026, 9 days after the RBA rise to 4.85%. From the provider's Consumer Data Right feed, refreshed nightly.