Rates, Fees & Charges
Home Loans

Wide Bay Home Loan (L1)	Interest Rates Comparison Schedule (PDF, 40KB)
Australian Home Loan (L11)	Interest Rates Comparison Schedule (PDF, 40KB)
Equity Home Loan (L2)	Interest Rates Comparison Schedule (PDF, 40KB)
Professional Australian Home Loan (L12)	Interest Rates Comparison Schedule (PDF, 40KB)
(the loan products below are no longer available to new applicants - information is provided for existing customer reference only - Interest Rates effective 16/10/2008)
Simple Variable Loan (L50)	8.97% p.a. standard variable
"You Beaut" Package (L51)	7.92% p.a. standard variable
All Purpose Loan (L52)	8.57% p.a. standard variable
Essential Plus Loan (L53)	7.97% p.a. standard variable
Basic Variable Loan (L54)	8.52% p.a. standard variable
Loyalty Variable Loan (L55)	8.17% p.a. standard variable
Broker Advantage Loan (L56)	8.07% p.a. standard variable
'Wealth Power" Package (L57)	8.57% p.a. standard variable

Account Fees

Wide Bay Home Loan (L1)	Nil - variable rates $10 per month - fixed rates
Australian Home Loan (L11)	$12 per month
Equity Home Loan (L2)	Nil - variable rates $10 per month - fixed rates
Professional Australian Home Loan (L12)	Nil (an annual package fee applies) View Rates, Fees & Charges for the Professional Australia Package »

Application Fee

A once-only Application Fee is required.

Wide Bay Home Loan (L1)	$395
Australian Home Loan (L11)	$575
Equity Home Loan (L2)	$395 If you are obtaining a simple further advance on an existing loan the fee is generally $100 subject to qualifying criteria - details on application
Professional Australian Home Loan (L12)	Nil (an annual package fee applies) View Rates, Fees & Charges for the Professional Australian Package »

Valuation and Inspection Fees

The property is the lender's security.

For new loans, a valuation report of your property will be required from an independent valuer. If you are building, inspection reports will also be required at various stages of construction.

The valuation is undertaken by a professional valuer who takes into account aspects of the property's worth, especially construction, location, comparable prices in the area and improvements.

These reports will be held for the term of the loan and the costs involved in obtaining them must be paid prior to the processing of your loan application.

For existing loans, your loan consultant will advise you of the requirement for a valuation.

Valuation Fee	Approx. $220 per valuation.
Inspection Fee	Approx. $75 per inspection.

Lender's Mortgage Insurance Premium

Lender's Mortgage Insurance is compulsory for all loans. This is a one-off nonrefundable Fee payable to the Lenders Mortgage Insurer.

This insurance protects Wide Bay in the event that a borrower defaults and the sale of the property is unable to cover the outstanding amount.

Upon acceptance of the loan offer, no portion of this fee is refundable.

The amount of the fee varies according to the amount borrowed and the valuation of the secured property.

More information about Wide Bay Australia's lenders mortgage insurance is available on our lender's mortgage insurance page »

Legal Fees and Statutory Charges

Where possible, Wide Bay will prepare your loan documentation - however, when it is deemed necessary to obtain legal counsel the charges are passed on to you.

The following fees associated with your loan set-up may apply:

• Loan Settlement fee - $160
• Fees associated with mortgage registration
• Government charges. These will vary according to the credit limit arranged

You will also have to pay your own solicitor's legal fees - you should obtain an estimate of these from your solicitor.

Other Loan Fees & Charges

Other fees and charges will also apply once your loan is approved. These fees typically apply if you miss a payment, your loan defaults - or if you repay your loan early or request the conditions of your loan to be changed. Further Fees & Charges (PDF, 237KB) may apply for banking services you use. Further details of applicable fees and charges are available on application and full details of fees and charges applicable to your home loan will be notified in your credit contract.