The forerunners of BankSA were the Savings Bank of South Australia, founded in 1848, and the State Bank of South Australia. These were merged under the name State Bank of South Australia in 1984.

The State Bank of South Australia was sold to Advance Bank due to a collapse and bailout by the Government of South Australia in 1992, when non-performing assets exceeded 30% of the loan book. Advance Bank was purchased by St. George in 1997.

BankSA is now a division of Westpac Banking Corporation, having been a division of St. George Bank before Westpac and St. George merged in 2008.

BankSA has over 100 branches in South Australia and the Northern Territory.

Add up to 5 home loans to your enquiry and get a free detailed comparison report.

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Important Information

Not all providers in the market are included in the comparison.

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.

Please note that due to recent changes by numerous lenders, some rates may be slightly incorrect. We shall have this resolved shortly.

Comparison Rate is based on all fees, charges and interest over the term of a standard loan of $150,000 for 25 year.

BankSA Home Loans Loan Type Initial Rate Comparison Rate  
BankSA
BankSA
3 Years Fixed 4.09% 5.02%  
  • Revert Rate: 4.59%
  • Maximum LVR: 95.00%
  • Monthly Payment: $841
  • Total Cost: $112,404
  • Total Interest: $102,429
  • Total Fees: $9,975
  • Upfront Fee: $100
  • Annual Fee: $395
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Owner Occupier: Yes
BankSA
BankSA
3 Years Fixed 4.29% 5.25%  
  • Revert Rate: 4.59%
  • Maximum LVR: 90.00%
  • Monthly Payment: $841
  • Total Cost: $112,404
  • Total Interest: $102,429
  • Total Fees: $9,975
  • Upfront Fee: $100
  • Annual Fee: $395
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Investment: Yes
BankSA
BankSA
Variable 4.49% 4.77%  
  • Revert Rate: 4.49%
  • Maximum LVR: 95.00%
  • Monthly Payment: $833
  • Total Cost: $109,844
  • Total Interest: $99,869
  • Total Fees: $9,975
  • Upfront Fee: $100
  • Annual Fee: $395
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Offset Account: Yes
  • Owner Occupier: Yes
BankSA
BankSA
4 Years Fixed 4.59% 5.09%  
  • Revert Rate: 4.52%
  • Maximum LVR: 95.00%
  • Monthly Payment: $835
  • Total Cost: $110,611
  • Total Interest: $100,636
  • Total Fees: $9,975
  • Upfront Fee: $100
  • Annual Fee: $395
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Owner Occupier: Yes
BankSA
BankSA
Variable 4.74% 4.77%  
  • Revert Rate: 4.74%
  • Maximum LVR: 90.00%
  • Monthly Payment: $854
  • Total Cost: $116,269
  • Total Interest: $106,294
  • Total Fees: $9,975
  • Upfront Fee: $100
  • Annual Fee: $395
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Offset Account: Yes
  • Investment: Yes
BankSA
BankSA
4 Years Fixed 4.84% 5.34%  
  • Revert Rate: 4.52%
  • Maximum LVR: 90.00%
  • Monthly Payment: $835
  • Total Cost: $110,611
  • Total Interest: $100,636
  • Total Fees: $9,975
  • Upfront Fee: $100
  • Annual Fee: $395
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Investment: Yes
BankSA
BankSA
Variable 5.22% 5.36%  
  • Revert Rate: 5.22%
  • Maximum LVR: 90.00%
  • Monthly Payment: $896
  • Total Cost: $122,566
  • Total Interest: $118,866
  • Total Fees: $3,700
  • Upfront Fee: $700
  • Monthly Fee: $10
  • Interest Only Payments: Yes
  • Investment: Yes
  • Owner Occupier: Yes
BankSA
BankSA
Variable 5.22% 5.36%  
  • Revert Rate: 5.22%
  • Maximum LVR: 90.00%
  • Monthly Payment: $896
  • Total Cost: $122,566
  • Total Interest: $118,866
  • Total Fees: $3,700
  • Upfront Fee: $700
  • Monthly Fee: $10
  • Interest Only Payments: Yes
  • Investment: Yes
  • Owner Occupier: Yes
BankSA
BankSA
Variable 5.48% 5.64%  
  • Revert Rate: 5.48%
  • Maximum LVR: 80.00%
  • Monthly Payment: $919
  • Total Cost: $130,252
  • Total Interest: $125,802
  • Total Fees: $4,450
  • Upfront Fee: $850
  • Monthly Fee: $12
  • Extra Repayments: Yes
  • Redraw Facility: Yes
  • Interest Only Payments: Yes
  • Offset Account: Yes
  • Owner Occupier: Yes