Gateway Bank
Low Rate Essentials
Gateway Bank · residential mortgages
Provider last updated this product 2026-09-25.
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You'll complete your application on
Gateway Bank's website. Confirm the rate and fees with them
before applying.
Low Rate Essentials
As published by the lender
- Headline rates - from 5.89% to 6.50%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 5.89% | 5.91% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Low Rate Essentials - <= 50% LVR | |||||||
| VARIABLE | 5.89% | 5.91% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Low Rate Essentials - > 50% - <= 60% LVR | |||||||
| VARIABLE | 5.94% | 5.96% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | paid monthly |
| Low Rate Essentials - > 60% - <= 70% LVR | |||||||
| VARIABLE | 6.24% | 6.26% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Low Rate Essentials - > 80% - <= 85% LVR | |||||||
| VARIABLE | 6.19% | 6.21% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Low Rate Essentials - >70% - <= 80% LVR | |||||||
| VARIABLE | 6.50% | 6.52% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Low Rate Essentials - >85% - <= 95% LVR | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Discharge Fee - First Security | EXIT | $300 | Discharge Fee - First Security |
| Top-Up Fee | EVENT | $200 | Payable at settlement when increasing loan borrowings |
| Switch Fee | EVENT | $150 | 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 | $200 | Payable if Gateway agrees to vary the security on an existing loan |
| Discharge Fee - Per Additional Security | EXIT | $95 | Discharge Fee - Per Additional Security |
| Establishment Fee | UPFRONT | $0 | Nil. Payable at settlement of new loan, and may be payable at substitution of security or when adding a new security |
| Valuation Fee | UPFRONT | $0 | 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) |
| Legal Fee | UPFRONT | $275 | Payable at settlement to cover solicitor's documentation costs |
| Split Fee | UPFRONT | $0 | Split Fee. Nil, up to 2 loan accounts. Fees apply thereafter |
| Exit Fee | EXIT | $0 | Nil |
| Annual Package Fee | UPFRONT | $0 | Nil. Payable at settlement and then again on each anniversary |
| Mortgage Registration Fee | UPFRONT | $0 | Government charges at cost |
| Additional Valuation Fee | EVENT | $0 | Payable if we or you decide to obtain an additional valuation report (which we may do at any time). At Cost |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 5.89% | 5.91% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Options to split variable options and fixed rate. Interest rate lock for up to 90 days on fixed rate loans.
Who can apply
- min age - 18
Limits
- max limit - 2000000.00
- max lvr - 95.00
- min limit - 50000.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-25T08:00:31.5567603Z · Product ID: 99