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Adelaide Bank Home Loans

Adelaide Bank has home loan rates starting from 5.64%.

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Adelaide Bank is an Australian bank. Adelaide Bank offers a range of home loans for Australian borrowers. Check out the full table of Adelaide Bank products below or read more about the lender.

Compare Adelaide Bank home loans for November 2024

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Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Adelaide Bank logo
Principal & Interest20% min. depositOwner-occupier
Adelaide Bank logo
Principal & Interest20% min. depositOwner-occupier
Product NameAdelaide Bank SmartSaver Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.24%
Comp. Rate p.a.6.24%
Minimum Loan Amount$10,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.24%
Comparison Rate
6.24%
Fees
Application: $299
Ongoing: $0 per month
Monthly Payment
$924
Contact Broker
Adelaide Bank logo
Principal & Interest 1Y Fixed5% min. depositOwner-occupier
Adelaide Bank logo
Principal & Interest 1Y Fixed5% min. depositOwner-occupier
Product NameAdelaide Bank SmartSaver Fixed
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.94%
Comp. Rate p.a.6.21%
Minimum Loan Amount$10,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.94%
Comparison Rate
6.21%
Fees
Application: $299
Ongoing: $0 per month
Monthly Payment
$895
Contact Broker
Adelaide Bank logo
Principal & Interest10% min. depositOwner-occupierOffset account
Adelaide Bank logo
Principal & Interest10% min. depositOwner-occupierOffset account
Product NameAdelaide Bank SmartFit Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.54%
Comp. Rate p.a.6.70%
Minimum Loan Amount$10,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.54%
Comparison Rate
6.70%
Fees
Application: $299
Ongoing: $15 per month
Monthly Payment
$953
Contact Broker
Adelaide Bank logo
Principal & Interest10% min. depositOwner-occupier
Adelaide Bank logo
Principal & Interest10% min. depositOwner-occupier
Product NameAdelaide Bank SmartSaver Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.54%
Comp. Rate p.a.6.54%
Minimum Loan Amount$10,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.54%
Comparison Rate
6.54%
Fees
Application: $299
Ongoing: $0 per month
Monthly Payment
$953
Contact Broker
Adelaide Bank logo
Principal & Interest 3Y Fixed5% min. depositOwner-occupier
Adelaide Bank logo
Principal & Interest 3Y Fixed5% min. depositOwner-occupier
Product NameAdelaide Bank SmartSaver Fixed
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.29%
Comp. Rate p.a.6.26%
Minimum Loan Amount$10,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.29%
Comparison Rate
6.26%
Fees
Application: $299
Ongoing: $0 per month
Monthly Payment
$929
Contact Broker
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Adelaide Bank key facts

  • Adelaide Bank is a bank based in Adelaide, South Australia.
  • Adelaide Bank offers home loan products for owner-occupiers and investors.
  • This lender also offers other financial products such as insurance and commercial loans.

Review by our senior home loans writer Richard Whitten

Adelaide Bank home loan features

Here are the key features and details you need to know about Adelaide Bank's mortgage products.

FeatureDetails
Minimum depositIt is possible to get a home loan from Adelaide Bank with a deposit as low as 5%.
Offset account?You can get an offset account with several Adelaide Bank loans.
Repayment optionsSeveral Adelaide Bank home loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans.
Aaron Maiorana's headshot

"I was a first home buyer when I took out the Adelaide Bank SmartFix Home Loan. Although the rate was a touch higher than the lowest in the market at the time, the combination of being fully fixed with an offset account was very appealing. It allowed me to build my savings and reduce interest over the loan term which was the most ideal for my situation"

Aaron Maiorana
Finder crew member

How do I apply for a mortgage from Adelaide Bank?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Adelaide Bank you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

More lenders to compare

Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:

  • ING. This online bank is part of the global, Dutch financial group of the same name.
  • Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
  • UBank. This online bank is actually owned by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
  • HSBC. The local Australian banking arm of this international bank offers various home loans.

Compare other products from Adelaide Bank

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

Richard Whitten's headshot
Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 553 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
  • Money-saving tips
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2 Responses

    Default Gravatar
    phillAugust 26, 2022

    i need to learning more about this subject

      AvatarFinder
      RichardAugust 29, 2022Finder

      Hi Phill,

      If you’d like to learn more about home loans, please feel free to visit our Finder guide for more details.

      Kind regards,
      Richard

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