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Fixed Rate Home Loans

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Our Fixed Rate Home Loan can give you the certainty of a fixed interest rate, and the peace of mind of knowing your repayments won't change during the fixed period.

  • Easier budgeting
  • Choose from weekly, fortnightly or monthly repayments
  • Lock in your rate when you apply1
  • Loan Protection Insurance available
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Home Loans

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  Additional Information
Key Features  
Fixed Interest Rate View our interest rates
Minimum Amount $100,000
Maximum Amount 90% of the property value with mortgage insurance, 80% without
Loan Period Up to 30 years
Fixed Term 1 - 5 years
Repayments Monthly / Fortnightly / Weekly
Interest Charges Calculate daily, charged monthly
Loan set up costs (Inc. Valuation & Solicitor) Varies depending on your Home Loan package
Variable and Lump Sum Repayments

Yes (maximum of $20,000 p.a. in excess of normal repayments is permitted, after which break costs apply, see Break Cost Fees below).

Break Cost Fees

Represents the present value of the loss of future income to the Bank for the remaining period to the end of the fixed rate term.

Charged for breaking the fixed rate term to convert to a variable rate or to discharge the loan.

Early Repayment without Penalty No (refer to Break Cost Fees above).
Redraw Facility Yes
Monthly account keeping fees No
Loan Protection Insurance available Yes
Auto Repayments (salary / account) Yes
Loan Establishment fee Varies depending on your Home Loan package 

Things to consider

What happens if I repay the loan or switch to another loan before the end of my fixed term? 

With a fixed rate loan, you need to know that if you repay the loan or switch to another one before the end of your fixed term, or make early or additional repayments, you may have to pay Break Cost Fees (which may be very large). Fixed rate loans aren't for everyone. 

Can't decide between variable and fixed?

If you'd like the benefits of a variable rate home loan but would still appreciate the certainty of a fixed rate home loan, you could get the best of both worlds by splitting your loan. Some customers choose to split their home loan between the two: 50-50, 60-40 or some other ratio, it's up to you.

Package your loan

Package your home loan, transaction account and savings account and enjoy a range of features and discounts.

Choose between our Premium Package2 or Premier Plus Package3 and save.

  • No monthly account keeping fees
  • No Loan Establishment fee
  • Free Redraw
  • Up to 1.10% p.a. discount on Standard Variable Home Loan rate
  • 20% off our range of QBE Insurance Products

More Information


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If you have any questions Contact Us


Important Information:

All applications for credit are subject to SWC’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply.
Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the Terms and Conditions, Product Disclosure Statement and Financial Services Guide before acquiring any product.
The fixed rate is set at drawdown (not at the time of application), but if you're keen to secure the current fixed rate, you can do this by paying a Lock Rate Fee of $350 when you apply. It's available on loans of up to $1,000,000 for 1 to 5 year loans, and is valid for 90 days from your application.
2 Annual Package fee of $275 applies for the life of the loan
3 Annual Package fee of $350 applies for the life of the loan