Gateway Bank home loans

In 1955 a group of staff from one of Australia’s largest banks had a vision of creating a co-operative Loans Society and so the Gateway Credit Union was formed. What started with a briefcase and a receipt book has grown to a membership in excess of 30,000. Gateway Bank now offers its members a broad range of award winning financial products and services all specially intended to help their members prosper. Gateway Bank’s mission is to provide its members with high value, low cost financial services and loans.

The bank has won a number of awards, including the Money magazine award in 2015 for the ‘Cheapest Home Loan Package – Non-Bank’.

Other available products

Personal Finance Editor

Content updated

17 Oct, 2022

Product data updated

22 Dec, 2024

Why choose Gateway Bank

Benefits

Large variety of home loan products.
Flexible loan terms.
Competitive interest rates.

Drawbacks

Limited branch network.
Some package products include fees.

Home Loans calculator

Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

Your estimated mortgage repayments

Total interest

Total repayments

How much can I borrow?

Compare home loans

All calculations are estimates only; they are not guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
It is assumed that data entered into the calculator, including interest rates, do not change for the lifetime of the loan - unless specified.
The Present Value provided by this calculator is displayed as the amount labelled 'Loan amount'.
At the end of the interest-only period, the rate may change. For this calculation, rate switches to the current rate.
The current rate is today’s average big 4 owner occupier advertised discounted variable rate (LVR 80%), unless you have inserted your own rate.
Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.

Months are assumed to be of equal length. However, given some months are longer than others, interest charged may vary depending upon the month.
One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus each year has 364 days.
The calculator uses the unrounded repayment to derive the home loan summary line graph and repayment schedule. However, institutions may round repayments to the nearest cent.
Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
Calculator does not include the cost of fees or other extra charges.
Calculator does not account for changes to interest rates over time.
This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Consider whether you need financial advice from a qualified adviser.
After the interest only term ends, your repayments will change based on the current* interest rate. This rate is subject to change. Read our full disclaimer.

Contact a mortgage broker

Gateway Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Lee Tsiboukas

QLD4216

Customer Representative Number: 550725

5.0

13 Google reviews

Get expert advice from a home loans specialist.

Lee is a mortgage broker located on the Gold Coast in QLD, bringing over 15 years of experience in steering a Real Estat...

View Profile

Ross Hanrahan

NSW2064

Customer Representative Number: 392035

5.0

21 Google reviews

Get expert advice from a home loans specialist.

Ross is a mortgage broker with a UK background, based in Sydney Australia and helps people get on and move up the proper...

View Profile

Tony Hoang

NSW2000

Customer Representative Number: 392035

5.0

136 Google reviews

Get expert advice from a home loans specialist.

Tony Hoang stands as a seasoned finance professional, boasting a robust decade-plus-long career that includes pivotal ro...

View Profile

Gateway Bank customer service

Gateway Bank has one branch located in its Sydney head office. Borrowers outside of Sydney can contact the bank by calling the customer support number during business hours, Monday through till Friday. There is an additional hotline for lost or stolen cards as well as a telephone banking hotline. Gateway members have access to online banking and the Gateway 2go mobile banking app.

Customer service centre (phone)
Mobile app
Online banking
Email
Branch

How to Apply

Borrowers wanting to apply for a Gateway Bank home loan can either complete a loan application form online or call customer support for assistance with the application. Before applying for a Gateway Bank home loan, think about what you can afford to borrow and what other costs you need to consider. To apply for this Gateway Bank home loan, you will need to supply the following information:

Proof of identification.
Proof of income and employment.
Information regarding your current debts, assets and liabilities.

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About our expert

Mark Bristow

Personal Finance Editor

Mark Bristow is RateCity's Home & Personal Finances Editor, and an experienced analyst, researcher, and producer. While primarily focused on Australian mortgage and home loan expertise, he has experience across energy, home and travel insurances. Mark has been a journalist and writer in the financial space for over ten years, previously researching and writing commercial real estate at CoreLogic. In the years since, Mark has worked for the Winning Group, Expedia, and has seen articles published at Lifehacker and Business Insider.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

Gateway Bank home loans

Why choose Gateway Bank

Benefits

Drawbacks

Gateway Bank Home Loans