Personal Loans

Table of Content

• Commonwealth Bank Wealth Package Standard Variable Rate (Owner, Principal & Interest)
• Exclusive CommBank offer for eligible home loan customers
• LOOKS LIKE YOU’RE PLANNING TO USE YOUR OWN MODEM?
• Fixed rate customers
• Manage your home loan online
• Get a rate discount. Every. Single. Year.
• Flexible loan features

This is something online lenders and smaller banks may not be able to do. The lender has a nationwide network of physical branches plus phone support and an app to manage repayments, spending and saving. We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision. Some of the products and services listed on our website are from partners who compensate us.

Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. The current reference rates including for Interest Only payments can be foundhere. We have different rates that apply, depending on whether you are making interest only payments or principal and interest repayments. During an interest only period, your interest only payments won't reduce your loan balance. At the end of an interest only period, your repayments will increase to cover principal and interest components. Calculations are estimates provided as a guide only.

Commonwealth Bank Wealth Package Standard Variable Rate (Owner, Principal & Interest)

A variable rate loan can change at any time, either up or down. A variable rate usually offers more flexibility in how fast you can repay the loan and the cost of refinancing. #You can choose to pay Principal and Interest weekly, fortnightly, or monthly. Only monthly payments are available for Interest Only.

If you bank with CommBank already, you may be able to prove your income digitally. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale. Beyond mortgages, Commonwealth Bank also offers savings accounts, transaction accounts and term deposits.

Exclusive CommBank offer for eligible home loan customers

This could occur at the branch, your home/workplace, or over the phone. Regardless of the method, you will need to supply certain documentation. Offset accounts , extra repayments and redraws are all available with some loan types.

Household bill, e.g. rates, phone or electricity bill. How much ID you need to bring along will depend on whether you’re a new or existing CommBank customer. If you need to change your home loan type to better meet your needs, we’re here to help. Make confident decisions with specialists who partner with you at every step of your home buying journey and for the life of your loan. Update your borrowing amountor choose another option in the drop down.

LOOKS LIKE YOU’RE PLANNING TO USE YOUR OWN MODEM?

For an instant response from our virtual assistant Ceba, or to connect to a specialist,message us in the CommBank app. Get a cash lump sum of $3,000+ for refinancing to a low-rate loan. You need to provide documents showing your current assets and liabilities . 1 The use of "featured", "popular", "best" and "top" on Finty do not constitute a product rating or recommendation and are subject to our general disclaimer. Calculations in comparison tables will vary based on personal data input. For more information, please read our editorial policy and find out how we make money.

There are many loan types available from this reputable lender. It is essential to compare the various loans available within Commonwealth Bank and between different lenders. This will help you ensure you’ve selected the best option available to you. If you are considering making the major step of buying the very first home of your own, we are here, ready and willing to help.

Fixed rate customers

We will then set up your home loan and provide you with a letter of confirmation that the funds have been transferred to your account. Once your home loan is approved, we’ll send you the contract and official letter of offer on your home loan. Sit down with one of our Home Lending Specialists, in branch or at your home or work, to compare home loans and find one that’s right for you.

Finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service. The Commonwealth Bank offers conditional pre-approval and you can apply online, by phone or via appointment with a lending specialist at a branch. Commonwealth Bank does offer loan conditional pre-approval.

They have physical branches and ATMs in most locations and strong customer support. If you're buying a home to live in, you need an owner-occupier loan. You will need identification such as a driver's licence, passport or birth certificate.

If you already have a home loan with us please talk to your Home Lending Specialists about your options. Update your borrowing amountto see the rates or choose another option in the drop down. If you’re making Principal and Interest repayments above the minimum required repayment amount, you can reduce these to the minimum amount to free up some cash. Discover a range of tools and benefits to help you manage your home loan and the everyday cost of living.