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Make your move with a $2,000 cashback*
Fixed Rate Home Loan
Designed to give you ultimate peace of mind and maximum certainty at a competitive rate
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2 year fixed rate¹ ⁴
Comparison rate³
Ideal for owner-occupiers and investors alike, fix your interest rate for up to five years and enjoy the flexibility of an added redraw facility. Designed to give you ultimate peace of mind and maximum certainty.
All interest rates
All loan options 
Features
Why a fixed rate home loan?
Stability
Protection against rate increases
Predictability
Clarity
Peace of mind
Calculators & tools
Check with our calculators
Frequently asked questions
Can I apply for a Fixed Rate Home Loan online?
You sure can! Starting your application online is super easy. Have your ID ready, and we’ll quickly verify your details to help you get the ball rolling. It’s simple, straightforward, and convenient—just how applying for a home loan should be.
What are the benefits of a Fixed Rate Home Loan?
Fixed rate loans come with some serious perks:
Rate stability: Lock in your rate and know exactly what your repayments will be, no matter what happens to market interest rates during your fixed period.
Budget-friendly: A fixed rate makes it easier to plan your finances because your repayments stay consistent.
Peace of mind: Enjoy the security of knowing your rate won’t change during the fixed term.
Can I make extra repayments on a Fixed Rate Home Loan?
Absolutely! With our Fixed Rate Home Loan, you can make extra repayments of up to $20,000 per year while your rate is fixed—no strings attached. Just keep in mind that if you exceed this amount, there might be a break cost fee. And if you ever need those extra repayments back, you can access them through our redraw facility.
How long can I fix my home loan for?
At Summerland Bank, you can choose fixed terms ranging from 1 to 5 years. Pick a timeframe that aligns with your financial goals and lifestyle. Our friendly lenders can guide you through the options to make sure you’re comfortable with your choice.
Can I combine fixed and variable rates?
For sure! This setup is called a split loan, and it gives you the best of both worlds. Enjoy the certainty of fixed rates while benefiting from the flexibility of variable rates. Our lenders can help you design a split loan to suit your financial needs.
Is a Fixed Rate Home Loan right for me?
If you value stability and predictable repayments, a fixed rate could be perfect for you. It’s great for first-time homebuyers, families sticking to a budget, or anyone wanting to lock in a great rate. Not sure? Have a chat with our team to figure out what works best for you.
Application process
We make things simple for you
Apply online, or start a conversation with our lending specialists
Application and approval
Loan acceptance and funding
Compare home loan options
Use our handy home loan comparison table to compare loan rates, options and features side by side.
Compare now
Start your application today
$2,000 Cashback*
Purchase your first home or refinance your existing home loan, and get rewarded for moving forward. Make the move today.
*terms and conditions apply
Need more help? Schedule a call
Need more help? Schedule a call
Our local team will give you a call at a time that is suitable for you.
The legal stuff
1. Eligibility for the advertised rate: Minimum new loan amount $150,000, principal and interest repayments only. Maximum LVR 60%. Rate expressed as a percentage per annum, interest is calculated daily unless otherwise stated.
2. Eligibility for the advertised rate: Minimum new loan amount $500,000, principal and interest repayments only. Maximum LVR 60%. Rate expressed as a percentage per annum, interest is calculated daily unless otherwise stated.
3. Comparison rate is based on a loan of $150,000 over 25 years.
WARNING: This comparison rate is 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.
4. Loan reverts to applicable variable rate on maturity of the fixed period.
Rates are subject to change. Conditions, fees, and eligibility criteria may apply, see us for details. Terms and Conditions available upon request.
Target market determination available on request at our branches.
Loans Fees & Charges, Loans Rates
Refinance Cashback*
- Eligible Loans will receive a $2,000 cashback payment (the Offer).
- By applying for an Eligible Product, for the primary purpose of refinancing an eligible residential home or investment loan, you agree to the terms and conditions of the Offer.
- The following Summerland Bank products are Eligible Products for the Offer:
- Eco Home Loan,
- Basic Variable Home Loan,
- Premium Home Loan,
- Fixed Rate Home Loan, and
- Investment loans.
- To be eligible for the Offer, submit a new loan application for an Eligible Product between 4 November 2025 and 31 March 2026, and settle the loan on or before 31 May 2026 (the Offer Period).
- Eligible Loans are loans during the Offer Period to owner-occupiers and investors for Eligible Products with a minimum loan amount of $400,000 and a Loan to Value Ratio (LVR) of less than or equal to 80% (including any capitalised fees & charges).
- Greater than 50% of the new loan amount must be used to refinance the balance of a mortgage-secured residential home or investment loan from another financial institution.
- Applicants (as individuals, joint or company borrowers) are limited to one (1) cashback payment per 12-month period.
- A borrower cannot transfer or assign their right to the Offer to any other person.
- The following are ineligible for the Offer:
- Internal refinances and variations.
- New or existing Bridging loans, Overdrafts, & Business loans.
- Applications that include an applicant who has received a cashback payment from Summerland Bank within the preceding 12 months (either as an individual borrower, or as part of a joint or company application).
- Loans paid out or refinanced away before the cashback payment is made.
- The cashback payment will occur within 90 days after the loan settlement date. Payment can only be made to a nominated Summerland Bank Everyday account held in the same name(s) as the eligible loan at the settlement date.
- Summerland Bank may amend or withdraw the Offer at any time.
- Standard credit criteria, terms and conditions, and fees and charges apply.
- The Offer cannot be used in conjunction with other offers.
- Summerland Bank does not accept responsibility for any tax or financial implications arising from accepting this Offer.
- Loans issued by Summerland Financial Services Limited Trading as Summerland Bank, ABN 23 087 650 806 AFSL and Australian Credit Licence 239 238.
First home buyers Cashback*
- Eligible first home buyers who apply for an Eligible Product will receive a $2,000 cashback payment (the Offer).
- By applying for an Eligible Product, for the primary purpose of purchasing or constructing the first owner-occupied residential home, you agree to the terms and conditions of the Offer.
- The following Summerland Bank products are Eligible Products for the Offer:
- Eco Home Loan,
- Basic Variable Home Loan,
- Premium Home Loan, and
- Fixed Rate Home Loan.
- To be eligible for the Offer, submit a new loan application for an Eligible Product between 4 November 2025 and 31 March 2026, and settle the loan on or before 31 July 2026 (the Offer Period).
- Eligible Loans are loans during the Offer Period to owner-occupiers purchasing or constructing their first home with a minimum loan amount of $250,000 and a Loan to Value Ratio (LVR) of less than or equal to 95% (including any capitalised fees & charges).
- Applicants (as individuals, joint or company borrowers) are limited to one (1) cashback payment per 12-month period.
- A borrower cannot transfer or assign their right to the Offer to any other person.
- The following are ineligible for the Offer:
- Applications that include an applicant (borrower) who is not an eligible first home buyer.
- Internal refinances and variations.
- New or existing Bridging loans, Overdrafts, Business loans and Investment loans.
- Applications that include an applicant who has received a cashback payment from Summerland Bank within the preceding 12 months (either as an individual borrower, or as part of a joint or company application).
- Loans paid out or refinanced away before the cashback payment is made.
- All borrowers are eligible first home buyers who:
- Have never owned or co-owned a residential property (excluding vacant land) in Australia, and
- Do not intent to rent any part of the property post settlement.
- The cashback payment will occur within 90 days after the loan settlement date. Payment can only be made to a nominated Summerland Bank Everyday account held in the same name(s) as the eligible loan at the settlement date.
- Summerland Bank may amend or withdraw the Offer at any time.
- Standard credit criteria, terms and conditions, and fees and charges apply.
- The Offer cannot be used in conjunction with other offers.
- Summerland Bank does not accept responsibility for any tax or financial implications arising from accepting this Offer.
- Loans issued by Summerland Financial Services Limited Trading as Summerland Bank, ABN 23 087 650 806 AFSL and Australian Credit Licence 239 238.