First Option Loan & Credit Card Rates

Be sure to view our loan pages for any specials. 

Home Loans Fixed Intro Rate 12 mth Interest Rate Comparison Rate *
Classic Home Loan N/A 4.29% pa 4.29% pa

Premium Home Loan
$150k to $600k

2.59% pa 3.69% pa 3.96% pa

Premium Plus Home Loan
$600k to $800k

2.59% pa 3.49% pa 3.79% pa

Platinum Home Loan
Over $800k

2.59% pa 3.29% pa 3.61% pa
Investment Loans Fixed Intro Rate 12 mth Interest Rate Comparison Rate *
Classic Investment Loan N/A 4.79% pa 4.82% pa

Premium Investment Loan
$150k to $600k

2.79% pa 4.19% pa 4.45% pa

Premium Plus Investment Loan
$600k to $800k

2.79% pa 3.99% pa 4.27% pa

Platinum Investment Loan
Over $800k

2.79% pa 3.79% pa 4.09% pa

Notes:
- The interest rates above are for Principal and Interest loans.
- Different rates apply to Interest Only loans and Fixed Rate loans.
- Fixed Rate mortgages are available for 1, 2 and 3 years.
- First Option also offers Business Loans and Business Overdrafts.

Car Loans   Interest Rate Comparison Rate **

New Car Loan (fixed rate)
Fixed for up to 7 years

  9.99% pa 10.24% pa

Used Car Loan (fixed rate)
Fixed for up to 7 years

  9.99% pa 10.24% pa
Personal Loans Interest Rate Comparison Rate **
Standard Personal Loan (variable rate) 13.99% pa 14.25% pa
VIP Personal Loan (variable rate)
For members with an existing mortgage loan at First Option.
6.44% pa 6.68% pa
Credit Card Purchase Rate Cash Advance Rate
Low Rate Visa Credit Card (variable rate) 9.99% pa 17.99% pa

* Home Loan comparison rates are calculated on a loan amount of $150,000 over a term of 25 years
** Personal & Car Loan comparison rates are calculated on a loan amount of $30,000 over a term of 5 years
WARNING: These comparison rates are 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.