Gateway Bank home loan rates

104 advertised rate lines across 63 products, published by Gateway Bank under the Consumer Data Right. Read this morning. No lender pays to be listed.

Where it sits

5.89% Gateway Bank, lowest open
5.84% The benchmark
0.05pp higher

The benchmark is the rate at which a third distinct lender appears in the sorted list. It is not the lowest rate anyone publishes. Anchoring on the lowest would put a green loan or a veterans' rate under the whole market, and name a difference nobody can capture.

Both figures are advertised rates for a new customer. The discount a broker negotiates is published nowhere and is not in either number. Read your own rate against this.

Owner-occupied, principal and interest

ProductTypeLVR RateComparison
Low Rate Essentials variable 50–60% 5.89% 5.91%
Low Rate Essentials variable 0–50% 5.89% 5.91%
Allium Money Essentials variable 0–80% 5.94% 5.94%
Low Rate Essentials variable 60–70% 5.94% 5.96%
Allium Money Premium variable 0–80% 5.99% 5.99%
Low Rate Essentials variable 70–80% 6.19% 6.21%
Low Rate Essentials variable 80–85% 6.24% 6.26%
Low Rate Essentials variable 85–95% 6.50% 6.52%
Home Loan 3yr Fixed Rate fixed 3y 0–95% 6.84% 8.18%
Home Loan 1yr Fixed Rate fixed 1y 0–95% 6.94% 8.55%
Home Loan 2yr Fixed Rate fixed 2y 0–95% 7.04% 8.39%
Home Loan 5yr Fixed fixed 5y 0–95% 7.34% 8.12%
Home Loan - Variable Rate variable 0–95% 8.68% 8.75%

Owner-occupied, interest only

ProductTypeLVR RateComparison
Allium Money Essentials IO variable 0–80% 6.09% 6.09%
Allium Money Premium IO variable 0–80% 6.29% 6.29%
Low Rate Essentials Int Only variable 0–50% 6.89% 6.91%
Low Rate Essentials Int Only variable 50–60% 6.89% 6.91%
Low Rate Essentials Int Only variable 60–70% 6.94% 6.96%
Home Loan 3yr Fixed Rate I/O fixed 3y 0–95% 7.09% 8.26%
Home Loan 2yr Fixed Rate I/O fixed 2y 0–95% 7.14% 8.41%
Home Loan 1yr Fixed Rate I/O fixed 1y 0–95% 7.24% 8.58%
Low Rate Essentials Int Only variable 70–80% 7.29% 7.31%
Home Loan 5yr Fixed I/O fixed 5y 0–95% 7.69% 8.28%
Low Rate Essentials Int Only variable 80–85% 9.01% 9.04%
Low Rate Essentials Int Only variable 85–95% 9.41% 9.44%

Investment, principal and interest

ProductTypeLVR RateComparison
Inv Low Rate Essentials variable 0–50% 6.39% 6.41%
Allium Money Essentials Inv variable 0–80% 6.39% 6.39%
Inv Low Rate Essentials variable 50–60% 6.49% 6.51%
Allium Money Premium Inv variable 0–80% 6.54% 6.54%
Inv Low Rate Essentials variable 60–70% 6.59% 6.61%
Inv Low Rate Essentials variable 70–80% 6.64% 6.66%
Inv Low Rate Essentials variable 80–85% 6.83% 6.85%
Inv Low Rate Essentials variable 85–90% 6.98% 7.00%
Inv Premium Pack 2yr Fixed fixed 2y 0–90% 6.99% 6.98%
Inv Premium Pack 1yr Fixed fixed 1y 0–90% 7.04% 6.95%
Inv Home Loan 3yr Fixed fixed 3y 0–90% 7.14% 8.78%
Inv Premium Pack 3yr Fixed fixed 3y 0–90% 7.14% 7.06%
Inv Home Loan 1yr Fixed fixed 1y 0–90% 7.24% 9.24%
Inv Home Loan 2yr Fixed fixed 2y 0–90% 7.24% 9.01%
Inv Home Loan 5yr Fixed fixed 5y 0–90% 7.49% 8.58%
Inv Premium Pack 5yr Fixed fixed 5y 0–90% 7.59% 7.34%
Inv Home Loan Variable variable 0–90% 9.63% 9.70%

Investment, interest only

ProductTypeLVR RateComparison
Allium Money Essentials Inv IO variable 0–80% 6.54% 6.54%
Allium Money Premium Inv IO variable 0–80% 6.59% 6.59%
Inv Low Rate Essentials I/O variable 60–70% 6.64% 6.66%
Inv Low Rate Essentials I/O variable 70–80% 6.64% 6.66%
Inv Low Rate Essentials I/O variable 50–60% 6.64% 6.66%
Inv Low Rate Essentials I/O variable 0–50% 6.64% 6.66%
Inv Low Rate Essentials I/O variable 80–85% 6.84% 6.86%
Inv Low Rate Essentials I/O variable 85–∞% 6.94% 6.96%
Inv Premium Pack 3yr Fixed I/O fixed 3y 0–90% 7.09% 7.04%
Inv Premium Pack 2yr Fixed I/O fixed 2y 0–90% 7.14% 7.01%
Inv Premium Pack 1yr Fixed I/O fixed 1y 0–90% 7.24% 6.97%
Inv Home Loan 3yr Fixed I/O fixed 3y 0–90% 7.29% 8.83%
Inv Home Loan 2yr Fixed I/O fixed 2y 0–90% 7.34% 9.04%
Inv Home Loan 1yr Fixed I/O fixed 1y 0–90% 7.44% 9.26%
Inv Premium Pack 5yr Fixed I/O fixed 5y 0–90% 7.59% 7.34%
Inv Home Loan 5yr Fixed I/O fixed 5y 0–90% 7.69% 8.68%
Inv Home Loan Variable I/O variable 0–90% 10.06% 10.13%

Left out of the figures above

ProductWhy it is outRate
Green Plus Home Loan Eligibility 5.85%
Premium Package Eligibility 5.99%
Green Home Loan Eligibility 6.10%
Premium Package 1Yr Fixed Eligibility 6.24%
Premium Package 2Yr Fixed Eligibility 6.29%
Green Plus Home Loan IO Eligibility 6.34%
Inv Green Plus Home Loan Eligibility 6.38%
Premium Package 3Yr Fixed Eligibility 6.39%
Inv Premium Package Eligibility 6.49%
Inv Green Plus Home Loan IO Eligibility 6.50%
Green Home Loan IO Eligibility 6.55%
Inv Premium Package I/O Eligibility 6.59%

The data says a product is restricted. It never says whether you qualify. On the comparison every one of these can be put back with a click, and every figure is worked out again.

What changed

Gateway Bank last moved a rate line on Monday 17 August. Every line is read each morning and has come back the same since.

Every lender that publishes rates, and every rate move since capture began.

Does this look wrong? or could it be better

Two different things go wrong here and they are fixed in different places. If a rate on this page does not match what Gateway Bank told you, it is usually one of these.

The published data is wrong

Gateway Bank publishes these rates itself, under the Consumer Data Right. Nobody here types them in and nothing here can correct them at the source — if the feed is wrong, every comparison site reading it is wrong in the same way. Reports about a data holder's feed go to the Consumer Data Right, and published-data quality is on the ACCC's enforcement list.

Everything identifying the feed is filled in below. The one part left is what you saw.

Consumer Data Right — Product Reference Data quality

Data holder brand: Gateway Bank
ABN: not published in the CDR Register
Product Reference Data endpoint: https://public.cdr-api.gatewaybank.com.au
Data read from that endpoint on: Sunday 13 September
Rate lines published at that time: 104

What appears to be wrong:
[describe what you checked, and what the published data says]

This data is published under the Product Reference Data standard and is
available publicly, without authentication or a consumer consent.
Open the report form ↗

The form is run by the Consumer Data Right, not by this site. Nothing you type here is sent anywhere — the text above is yours to copy.

This page reads it wrongly

The rate is published correctly and this page has misread it: a band shown against the wrong loan type, a fee counted twice, a product that should be marked restricted and is not. That one is mine. Tell me and I will fix it, and say which lender so I can find the row.

Something is missing

A figure this page should show and does not, or a lender that should be here and is not. Same place. The data behind every page here is free to download if you would rather check it yourself first.

Free, and not advice. It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. What this site collects.

Building something with this? There is an API, and the data is free.

Found in the data: what lenders charge above 80% and the rate a fixed loan resets to.