Green Plus Home Loan

 General Lending Rates

 Product Features

• Complementary Product Discounts Additional Information: Discounted interest rate for 7 Star NatHERs rated homes. 0.25% discount off our standard Premium Package Home Loan rate

• Digital Banking Additional Information: Access is available to online banking features for the product

• Offset Additional Information: An offset account is a transactional account that is linked to your home loan. Any balance in this account is offset against an equivalent portion of your home loan balance and generates an interest reduction on your loan

• Other Additional Information: Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans

• Other Additional Information: Preferential term deposit rates. Earn an extra 0.10%p.a. on your Term Deposit accounts so your investments work harder for you

• Other Additional Information: Preferential insurance rates. Enjoy a 10% discount off CGU General Insurance premiums

• Redraw Additional Information: Home loan redraw facilities allow borrowers to withdraw the additional funds they put into their variable rate home loan

• Unlimited Txns Additional Information: Unlimited extra repayments

 Product Eligibility

• Min Age - 18.

• Other Additional Information: To be eligible for Gateway's Green Plus Home Loan, the property must have a Nationwide House Energy Rating Scheme (NatHERS), or a Residential Efficiency Scorecard rating of 7 Stars or higher for energy efficiency. This needs to be evidenced with a certificate from an accredited NatHERS or Residential Efficiency Scorecard assessor. New builds or construction plans that have been certified with a 7 Star NatHERS or Residential Efficiency Scorecard rating are also eligible. For security property in the ACT, which has its own system for energy rating, a certificate from a rater licensed in the ACT showing at least a 7 Star rating is also acceptable.

 Bank Fees and Charges

• Annual Home Loan Fee (Periodic), Amount: 299.00.

• Annual Home Loan Fee (Periodic), Amount: 299.00. Additional Information: Payable at settlement and then again on each anniversary

• Discharge Fee - First Security (Exit), Amount: 300.00. Additional Information: Discharge Fee - First Security

• Discharge Fee - Per Additional Security (Exit), Amount: 95.00. Additional Information: Discharge Fee - Per Additional Security

• Establishment Fee (Upfront), Amount: 0.00. Additional Information: Nil for Green Home Loan Products

• Legal Fee (Upfront), Amount: 0.00. Additional Information: Nil for Green Home Loan Products

• Valuation Fee (Upfront), Amount: 0.00. Additional Information: Nil 1st Valuation then $325 Payable if valuation required per property Applies to standard single residential dwellings to $1 million in Metro locations and $500,000 in Regional locations (maximum land area 2.2ha/5 acres)

• Additional Valuation Fee (Event), Amount: 0.00. Additional Information: Nil for Green Home Loan Products

• Split Loan Account Fee (Upfront), Amount: 0.00. Additional Information: Two loan accounts (i.e. Variable & Fixed) free. Fee for subsequent splits

• Mortgage Registration Fee (Upfront), Amount: 0.00. Additional Information: Government charges at cost

• Construction Progress Inspection Fee (Event), Amount: 150.00. Additional Information: Payable if an inspection is undertaken during the construction period

• Construction Additional Progress Payment Fee (Event), Amount: 150.00. Additional Information: Payable from the 6th draw down (after the first 5 progress draw downs)

• Construction Final Inspection Fee (Event), Amount: 325.00. Additional Information: Payable when inspection/valuation is undertaken at final draw down

• Top Up Fee (Transaction), Amount: 0.00. Additional Information: Top up fee. Nil 1st top up, then $200 Payable at settlement when increasing loan borrowings

• Rate Lock Fee (Upfront), Amount: 0.00. Additional Information: Payable at application for Rate Lock in the prevailing fixed rate, valid for 90 days from request date

• Switch Fee (Event), Amount: 0.00. Additional Information: Nil for 1st switch then $125. Payable if Gateway agrees to vary the Loan Agreement on existing Gateway loan as follows: Product switch (e.g. from variable rate to a fixed rate) Repayment switch (e.g. P&I to Interest Only) Split (e.g. into part variable rate and part fixed rate)

• Security Variation Fee (Event), Amount: 0.00. Additional Information: Security Variation Fee. Nil 1st var then $200. Payable if Gateway agrees to vary the security on an existing loan

• Early Repayment Adjustment (era)(break Costs) (Exit), Amount: 0.00. Additional Information: Early Repayment Adjustment (ERA) (break costs). Payable if Gateway suffers a loss when loan is repaid in full during a fixed interest rate period. Unascertainable (ERA formula available upon request)

 Limitations & Restrictions (Constraints)

• Max Limit of 2000000.00

• Min Limit of 250000.00