Cairns Bank
CLASSIC HOME LOAN VARIABLE <60 LVR PI
Cairns Bank · residential mortgages
Provider last updated this product 2026-08-12.
CLASSIC HOME LOAN VARIABLE <60 LVR PI
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 6.24% | 5.95% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| The comparison rate is calculated on the basis of a secured loan of $150,000 over a term of 25 years. | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| ACCOUNT_KEEPING_FEE | PERIODIC | $12 | - |
| ADDITIONAL_REDRAW_FEE | EVENT | $20 | Payable in respect of each redraw in a month after the first free redraw |
| ARREARS_FEE | PERIODIC | $25 | For loans in arrears two month or more |
| BANK_CHEQUE_FEE | EVENT | $12 | Payable for each cheque from a Bank (other than Cairns Bank) you request |
| CORPORATE_CHEQUE | EVENT | $10 | - |
| DISCHARGE_PREPARATION_FEE | EVENT | $60 | When the balance is repaid in full and a Form 3 is prepared |
| DISCHARGE_SETTLEMENT_FEE | EVENT | $100 | When required to attend at settlement |
| ESTABLISHMENT_FEE-LOAN_ESTABLISHMENT_FEE | UPFRONT | $200 | - |
| LOAN_SWITCHING_FEE | EVENT | $200 | When you apply for consent to any matter relating to the variation of this loan contract or the security (other than a matter for which a specific fee is payable) |
| SUBSEQUENT_DEALING_FEE | EVENT | $200 | When you apply for consent to a subsequent dealing with the mortgaged property |
| VARIATION_OF_LOAN_CONTRACT_FEE | EVENT | $200 | Payable when you apply to vary a loan contract |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 6.24% | 5.95% |
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
Who can apply
- natural person
- min age - 18
- residency status - AUSTRALIAN CITIZEN
Limits
- min limit - 50000.00Eligible minimum loan amount is $50,000
- max limit - 2000000.00Eligible maximum loan amount is $2,000,000
- max balance - 50000.00Maximum advance amount in redraw is capped at $50,000
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: 2026-08-12T09:24:52.000+10:00 · Product ID: L21_CLASSIC_PI_60