First Option Bank Home Loans Rates & Review

First Option Bank Home Loans as of April 2025

Loan purpose

Loan amount

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Lender	Home Loan	Interest Rate	Comparison Rate*	Monthly Repayment	Repayment type	Rate Type	Ongoing Fees	Upfront Fees	Max LVR	Tags	Features	Link	Compare	Promoted Product	Disclosure
First Option Bank	First Option Bank Discounted Simple Home Loan <60% (OO,PI)	5.49% p.a.	5.69% p.a.	$2,836	Principal & Interest	Variable	$null	$null	60%		Free redraw No application, ongoing or monthly fees $1,000 towards legal and valuation costs for owner occupied loans (T&Cs apply)	More details	Compare	Promoted	Disclosure
First Option Bank	First Option Bank Discounted Simple Home Loan 60-70% (OO,PI)	5.59% p.a.	5.79% p.a.	$2,867	Principal & Interest	Variable	$null	$null	70%			More details	Compare
First Option Bank	First Option Bank Discounted Complete Home Loan <60% (OO,PI)	5.64% p.a.	6.19% p.a.	$2,883	Principal & Interest	Variable	$375	$null	60%	100% Offset	Free redraw 100% Offset Fee-free Credit Card	More details	Compare	Promoted	Disclosure
First Option Bank	First Option Bank Discounted Simple Home Loan >70% (OO,PI)	5.69% p.a.	5.89% p.a.	$2,899	Principal & Interest	Variable	$null	$null	70%			More details	Compare
First Option Bank	First Option Bank Discounted Complete Home Loan 60-70% (OO,PI)	5.69% p.a.	6.24% p.a.	$2,899	Principal & Interest	Variable	$375	$null	70%			More details	Compare
First Option Bank	First Option Bank Simple Home Loan 60 (OO, P&I)	5.74% p.a.	5.74% p.a.	$2,915	Principal & Interest	Variable	$null	$360	60%	No application, ongoing or monthly fees		More details	Compare
First Option Bank	First Option Bank Discounted Complete Home Loan >70% (OO,PI)	5.74% p.a.	6.29% p.a.	$2,915	Principal & Interest	Variable	$375	$null	70%			More details	Compare
First Option Bank	First Option Bank Simple Home Loan 70 (OO, P&I)	5.84% p.a.	5.84% p.a.	$2,947	Principal & Interest	Variable	$null	$360	70%			More details	Compare
First Option Bank	First Option Bank Complete Home Loan Package 60 (OO, P&I)	5.89% p.a.	6.24% p.a.	$2,962	Principal & Interest	Variable	$null	$null	60%			More details	Compare
First Option Bank	First Option Bank Simple Home Loan 60 (OO,IO)	5.94% p.a.	5.94% p.a.	$2,475	Interest-only	Variable	$null	$360	60%			More details	Compare
First Option Bank	First Option Bank Simple Home Loan 95 (OO, P&I)	5.94% p.a.	5.94% p.a.	$2,978	Principal & Interest	Variable	$null	$360	95%			More details	Compare
First Option Bank	First Option Bank Complete Home Loan Package 70 (OO, P&I)	5.94% p.a.	6.29% p.a.	$2,978	Principal & Interest	Variable	$null	$null	70%			More details	Compare
First Option Bank	First Option Bank Simple Investment Home Loan 60 (INV, P&I)	5.99% p.a.	6.02% p.a.	$2,995	Principal & Interest	Variable	$null	$1,060	60%			More details	Compare
First Option Bank	First Option Bank Complete Home Loan Package 95 (OO, P&I)	5.99% p.a.	6.34% p.a.	$2,995	Principal & Interest	Variable	$null	$null	95%			More details	Compare
First Option Bank	First Option Bank Simple Home Loan 70 (OO,IO)	6.04% p.a.	6.04% p.a.	$2,517	Interest-only	Variable	$null	$360	70%			More details	Compare
First Option Bank	First Option Bank Simple Investment Home Loan 70 (INV, P&I)	6.09% p.a.	6.12% p.a.	$3,027	Principal & Interest	Variable	$null	$1,060	70%			More details	Compare
First Option Bank	First Option Bank Complete Home Loan Package 60 (OO, IO)	6.09% p.a.	6.44% p.a.	$2,538	Interest-only	Variable	$null	$null	60%			More details	Compare
First Option Bank	First Option Bank Complete Investment Loan Package 60 (INV, P&I)	6.14% p.a.	6.52% p.a.	$3,043	Principal & Interest	Variable	$null	$null	60%			More details	Compare
First Option Bank	First Option Bank Simple Home Loan 95 (OO,IO)	6.14% p.a.	6.14% p.a.	$2,558	Interest-only	Variable	$null	$360	95%			More details	Compare
First Option Bank	First Option Bank Complete Home Loan Package 70 (OO, IO)	6.14% p.a.	6.49% p.a.	$2,558	Interest-only	Variable	$null	$null	70%			More details	Compare
First Option Bank	First Option Bank Complete Home Loan Package 95 (OO, IO)	6.19% p.a.	6.54% p.a.	$2,579	Interest-only	Variable	$null	$null	95%			More details	Compare
First Option Bank	First Option Bank Simple Investment Home Loan 60 (INV,IO)	6.19% p.a.	6.22% p.a.	$2,579	Interest-only	Variable	$null	$1,060	60%			More details	Compare
First Option Bank	First Option Bank Simple Investment Home Loan 95 (INV, P&I)	6.19% p.a.	6.22% p.a.	$3,059	Principal & Interest	Variable	$null	$1,060	95%			More details	Compare
First Option Bank	First Option Bank Complete Investment Loan Package 70 (INV, P&I)	6.19% p.a.	6.57% p.a.	$3,059	Principal & Interest	Variable	$null	$null	70%			More details	Compare
First Option Bank	First Option Bank Complete Investment Loan Package 95 (INV, P&I)	6.24% p.a.	6.62% p.a.	$3,075	Principal & Interest	Variable	$null	$null	95%			More details	Compare
First Option Bank	First Option Bank Simple Investment Home Loan 70 (INV,IO)	6.29% p.a.	6.32% p.a.	$2,621	Interest-only	Variable	$null	$1,060	70%			More details	Compare
First Option Bank	First Option Bank Complete Investment Loan Package 60 (INV, IO)	6.34% p.a.	6.72% p.a.	$2,642	Interest-only	Variable	$null	$null	60%			More details	Compare
First Option Bank	First Option Bank Complete Investment Loan Package 70 (INV, IO)	6.39% p.a.	6.76% p.a.	$2,663	Interest-only	Variable	$null	$null	70%			More details	Compare
First Option Bank	First Option Bank Simple Investment Home Loan 95 (INV,IO)	6.39% p.a.	6.42% p.a.	$2,663	Interest-only	Variable	$null	$1,060	95%			More details	Compare

More home loans

Variable Home Loan P&I <90%

Product Features

No application, ongoing monthly or annual fees.
Extra repayments allowed with fee-free redraw
Add an optional offset sub-account, T&C's apply.

Monthly repayments: $2,344

5.79% Advertised Rate (p.a.)

5.83% Comparison Rate (p.a.)

More details

Important Information and Comparison Rate Warning

Rates correct as of . View disclaimer.

Important Information and Comparison Rate Warning

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Monthly Repayment Figures

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