Interest
5.89%p.a.
Comparison*
5.95%p.a.
Est. repayment
$2,962
LVR not stated
Summerland Bank Home Loan Rates
Tracked products
16
Lowest variable
5.89%
Lowest fixed
5.99%
Lowest comparison
5.95%
Last updated
11 Sept 2026
Summerland Bank is one of the Australian home-loan lenders we track daily. We currently surface 16 active products from Summerland Bank, refreshed from authoritative lender sources. The product table below sorts by comparison rate by default, the true-cost metric mandated by the National Consumer Credit Protection Act 2009, so you can see total cost, including standard fees, at a glance.
What are Summerland Bank home loan rates?
Summerland Bank home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 5.89% p.a. and the lowest fixed rate currently 5.99% p.a., checked daily (last verified 11 Sept 2026). Compare Summerland Bank against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest Summerland Bank home loan rate?
The lowest Summerland Bank variable home loan rate Ratesniffers tracks is 5.89% p.a., and the lowest fixed rate is 5.99% p.a. These figures come from the 14 Summerland Bank products on this page that pass data-quality checks, ranked by comparison rate, checked daily (last verified 11 Sept 2026).
How many home loan products does Summerland Bank offer?
Ratesniffers currently tracks 16 Summerland Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 14 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Illawarra and South Coast mutual Horizon Bank is another regional New South Wales customer-owned bank worth comparing.
Summerland Bank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 5.89% p.a. | 5.95% p.a. | n/a |
| Variable Investor P&I | 6.09% p.a. | 6.15% p.a. | n/a |
| Variable Owner-occupier P&I | 5.99% p.a. | 6.36% p.a. | n/a |
| Fixed 3-year Owner-occupier P&I | 5.99% p.a. | 6.48% p.a. | n/a |
| Variable Investor P&I | 6.19% p.a. | 6.56% p.a. | n/a |
| Fixed 2-year Owner-occupier P&I | 6.22% p.a. | 6.58% p.a. | n/a |
| Fixed 4-year Owner-occupier P&I | 6.39% p.a. | 6.58% p.a. | n/a |
| Fixed 1-year Owner-occupier P&I | 6.20% p.a. | 6.61% p.a. | n/a |
| Fixed 5-year Owner-occupier P&I | 6.52% p.a. | 6.62% p.a. | n/a |
| Fixed 3-year Investor P&I | 6.19% p.a. | 6.68% p.a. | n/a |
| Fixed 4-year Investor P&I | 6.53% p.a. | 6.76% p.a. | n/a |
| Fixed 2-year Investor P&I | 6.42% p.a. | 6.78% p.a. | n/a |
14 of 16 tracked Summerland Bank home loan products
Interest
6.09%p.a.
Comparison*
6.15%p.a.
Est. repayment
$3,027
LVR not stated
Interest
5.99%p.a.
Comparison*
6.36%p.a.
Est. repayment
$2,995
LVR not stated
Interest
5.99%p.a.
Comparison*
6.48%p.a.
Est. repayment
$2,995
LVR not stated
Interest
6.19%p.a.
Comparison*
6.56%p.a.
Est. repayment
$3,059
LVR not stated
Interest
6.22%p.a.
Comparison*
6.58%p.a.
Est. repayment
$3,069
LVR not stated
Interest
6.39%p.a.
Comparison*
6.58%p.a.
Est. repayment
$3,124
LVR not stated
Interest
6.20%p.a.
Comparison*
6.61%p.a.
Est. repayment
$3,062
LVR not stated
Interest
6.52%p.a.
Comparison*
6.62%p.a.
Est. repayment
$3,167
LVR not stated
Interest
6.19%p.a.
Comparison*
6.68%p.a.
Est. repayment
$3,059
LVR not stated
Interest
6.53%p.a.
Comparison*
6.76%p.a.
Est. repayment
$3,170
LVR not stated
Interest
6.42%p.a.
Comparison*
6.78%p.a.
Est. repayment
$3,134
LVR not stated
Interest
6.67%p.a.
Comparison*
6.80%p.a.
Est. repayment
$3,216
LVR not stated
Interest
6.39%p.a.
Comparison*
6.81%p.a.
Est. repayment
$3,124
LVR not stated
*Important Information and Comparison Rate Warning
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Summerland Bank home loan repayment calculator
Pre-filled with Summerland Bank's lowest advertised variable rate in the table above, 5.89% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
The amount you want to borrow.
Summerland Bank's lowest variable today: 5.89%.
Most owner-occupier loans run 25 to 30 years.
Monthly repayment
$2,962
Fortnightly repayment
$1,367
Total interest
$566,494
30 years at 5.89% (P&I)
For a fuller model, use the repayment calculator, see how extra payments change the balance with the extra repayments calculator, or check what you can borrow with the borrowing power calculator.
Who is Summerland Bank?
Summerland Bank is the customer-owned bank of the NSW Northern Rivers, established in 1964 as Summerland Credit Union and becoming a mutual bank in November 2023. Its heartland runs through Lismore, Ballina and the surrounding towns.
Its community focus is practical: it has banked the region through floods and rebuilds, and profits stay local with its member-owners.
Who suits a Summerland Bank home loan?
Summerland tends to suit Northern Rivers locals who want genuinely community-owned banking with branches in the region. Its rates are often sharp for a small mutual, so check its position in the live table above before assuming a bigger bank prices better.
Background facts checked 4 September 2026. Rates above refresh independently.
Summerland Bank home loans: frequently asked questions
What are Summerland Bank home loan rates?
Summerland Bank home loan rates are in the live table on this page. The lowest variable rate Ratesniffers ranks is currently 5.89% p.a., and the lowest fixed rate is 5.99% p.a., checked daily (last verified 11 Sept 2026). Compare Summerland Bank against the wider market at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments on a Summerland Bank balance, use /calculators/extra-repayment.
What is the lowest Summerland Bank home loan rate?
Summerland Bank's lowest variable home loan rate is currently 5.89% p.a., and its lowest fixed rate is 5.99% p.a., based on the 14 Summerland Bank products Ratesniffers ranks by comparison rate, checked daily (last verified 11 Sept 2026). The advertised rate isn't always the rate Summerland Bank approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 Summerland Bank home loan?
At Summerland Bank's lowest variable rate of 5.89% p.a., a $600,000 principal and interest loan over 30 years repays about $3,555 a month, and $500,000 about $2,962. That is an estimate at the advertised rate before fees; the comparison rate in the table above carries the fees, and a fixed or interest-only loan repays differently.
How much do you need to earn for a $500,000 Summerland Bank home loan?
There is no single salary. Like every Australian lender, Summerland Bank must assess a new home loan at a rate at least 3 percentage points above the loan's rate under APRA's serviceability buffer, so 5.89% p.a. is assessed at about 8.89% p.a., then test that repayment against income after living expenses and other debts. The income required calculator at /calculators/income-required works this backwards from a property price and deposit.
How does Summerland Bank's home loan rate compare to the market?
Summerland Bank's lowest variable home loan rate today is 5.89% p.a., which is 35 basis points below the market median of 6.24% p.a., which puts Summerland Bank among the more competitive lenders on variable rates today. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where Summerland Bank sits right now rather than a fixed snapshot.
How many home loan products does Summerland Bank offer?
Ratesniffers currently tracks 16 Summerland Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 14 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Summerland Bank competitive for refinancing?
It depends on your loan size and LVR. Summerland Bank's lowest comparison rate is currently 5.95% p.a., worth checking against the wider market before you switch. On a $500,000 loan, even a 0.30% p.a. difference is about $100 a month, so comparing Summerland Bank against the sharpest available rate usually pays off.
How often are Summerland Bank's home loan rates updated?
Ratesniffers refreshes Summerland Bank's home loan rates daily; this page was last updated 11 Sept 2026. Rates can change whenever Summerland Bank reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.