Real-ly great rates

Whether you’re buying your first home, refinancing or investing, Pepper Money Everyday home loans offer competitive fixed and variable interest rates, with lots of great features.

Pepper Everyday Home Loan
Owner Occupier Interest Rates

Fixed interest rates

Variable interest rates

Principal & Interest (P&I)

Principal & Interest (P&I)

2.33% p.a.

2 year fixed rate*

2.75% p.a.

Comparison rate LVR <90%^

2.59% p.a.

Variable rate#

2.60% p.a.

Comparison rate LVR <80%^

 

At the end of the fixed rate period, the loan reverts to the standard variable (P&I) home loan interest rate at that time.

Pepper Everyday Home Loan
Investment Interest Rates

Fixed interest rates

Variable interest rates

Principal & Interest (P&I)

Principal & Interest (P&I)

2.55% p.a.

3 year fixed rate*

3.06% p.a.

Comparison LVR <90%^

3.09% p.a.

Variable rate#

3.10% p.a.

Comparison rate LVR <80%^

Want to get your rate?

Speak to a Pepper Money Home Lending Specialist: 

Call us on 13 73 77 Enquire now

Key features of Pepper Everyday home loans

100% offset account

  • Optional 100% offset account (monthly fee applies). Available with fixed and variable interest rate home loans
  • Free online redraw
  • Debit card linked to 100% offset account

Interest only option available

  • Interest only option available
  • Additional repayments without penalty on variable rates

Weekly, fortnightly or monthly repayments

  • Unlimited extra re-payments without penalty for variable rates (up to $20,000 per annum on fixed rates)
  • Weekly, fortnightly or monthly repayments (for P&I loans)

Our 4-step home loan process

Getting a home loan can be complicated, but Pepper gets it. Our Lending Specialists will help you through your home loan journey. Let us do the heavy lifting.

Chat to Pepper Money
1. Chat

We take the time to understand what you want from a home loan and your current financial situation. It will help to have your supporting documents ready.

Pepper Money home loan application assessment
2. Check

We’ll review your application and the provided documents to ensure we have everything we need.

Pepper Money home loan formal approval
3. Assess

Your application will be assessed and if you are eligible you will be appoved for a Pepper Everyday home loan.

Pepper Money home loan settlement
4. Settle

If approved you will receive loan documents that need to be reviewed prior to signing. Once we receive the signed documentation, we can confirm your settlement date.

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Popular questions...

You will need to have documents confirming your current financial position such as recent bank statements, payslips or other proof of income, living expenses and your current asset and liability position. You will also need photographic identification documentation. For PAYG applicants we require three months transaction account statements showing payroll credits, plus one of the following:

  • Payslip showing YTD, or if no YTD, 2 payslips
  • Letter from employer
  • Copy of current employment contract
  • PAYG payment summary / Income statement

For self-employed applications get in touch with our Lending team on 13 73 77 to talk through your options - we offer a range of products to suit different situations.

There are fees and charges associated with a Pepper Money Everyday home loan application which will need to be paid at settlement.

Get in touch with one of our Lending Specialist 13 73 77 to discuss the fees on a Pepper Money Everyday home loan.

Your Pepper Money Everyday home loan journey can take up to six weeks, this is the typical timeframe for a home purchase. A refinance application can also occur within this time. The process may be quicker if you have all the required documentation available.

To learn more about the Pepper Money Everyday home loan application process, click here or for more information speak to a Lending Specialist on 13 73 77.

We give you the flexibility to choose between a fixed, a variable rate or both on your Pepper Money Everyday home loan.

Fixed interest rate

A fixed rate home loan simply means that you ‘fix’ the interest rate at whatever the rate is at the time of settlement for a set period (1 – 5 years). Your interest rate will remain the same over that period, regardless of any interest rate changes to variable rates.

Fixed rates may suit borrowers looking for:

  • The certainty of fixed repayments
  • Up to $20,000 p.a. of additional repayments allowed without penalty and free online redraw (manual redraw fee is $50)
  • Option to reduce interest payable with a fully transactional offset account (monthly fee applies)
  • Available for purchases, refinances, debt consolidation or cash out for investment or personal purposes

Variable interest rate 

A variable rate loan is a loan with interest rates that are subject to change throughout the term of your loan. This may be due to changes to the official cash rate set by the Reserve Bank of Australia (RBA) or if your lender changes the rate.

Variable rates may suit borrowers looking for:

  • Flexibility with repayment frequency and free redraw (manual redraw fee is $50)
  • Options to reduce interest with a fully transactional 100% offset account (monthly fee applies)
  • Available for purchases, refinances, debt consolidation or cash out for investment or personal purposes

For more information you can speak to a Lending Specialists on  13 73 77 (Monday - Friday 8am - 7pm AEST)

You can choose a split home loan with the Pepper Money Everyday home loan product. If you choose to have a portion of your loan with a fixed interest rate for a chosen loan term and the remainder with a variable interest rate this can give you the flexibility of a variable interest rate loan and the repayment certainty of a fixed interest rate loan. Here’s how it works:

  1. Choose how much of your loan balance you want to split between a variable interest rate and fixed interest rate. Note there is a $100,000 min loan amount for each split
  2. Choose a fixed rate term and know what the repayments and interest rate will be for that period
  3. Enjoy the features of a variable interest rate loan, such as unlimited extra repayments with no fees. A one off fee of $50 applies per split if you chose to split your loan balance on the Pepper Money Everyday home loan

Important Information

Pepper Money Everyday home loan Interest rates are correct as at 14th August 2020 and subject to change.

* The interest rate applicable will depend on the individual borrower’s circumstances and requirements. *Pepper Money Everyday home loan fixed interest rates range from 2.33%-3.30%p.a. (Comparison rates range from 2.74%-3.32%%p.a. ^) At the end of the fixed rate period, the loan reverts to the standard variable (P&I) home loan interest rate at that time.

#Pepper Money Everyday home loan variable interest rates range from 2.49%-4.14%p.a. (Comparison rates range from 2.50%-4.27%p.a. ^ ).

^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. All Comparison rates are calculated based on a secured loan of $150,000 over a 25 year term.

All applications are subject to the lender’s normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply. Information provided is factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser.

Credit for the Pepper Money Everyday products is provided by Bendigo and Adelaide Bank Limited ACN 068 049 178 and Australian Credit Licence No. 237879 and its related bodies corporate.

Pepper Group Pty Ltd (ACN 094 317 665 Australian Credit Licence Number 286655) is the Mortgage Manager for Bendigo and Adelaide Bank Limited.

Pty Ltd (ACN 094 317 665 Australian Credit Licence Number 286655) is the Mortgage Manager for Bendigo and Adelaide Bank Limited.

Personal information is collected, used and disclosed in accordance with Pepper Money’s Privacy Policy .

© Copyright Pepper Group Pty Limited, All rights reserved.

Calculate borrowing power Call 13 73 77 Enquire now