{
  "source": "https://public.cdr.bankaust.com.au/cds-au/v1/banking/products/c1754c68-efec-417c-99ed-658d6baabb7f",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "additionalInformation": {
      "feesAndPricingUri": "https://www.bankaust.com.au/banking/home-loans/basic-home-loan",
      "overviewUri": "https://www.bankaust.com.au/banking/home-loans/basic-home-loan",
      "termsUri": "https://www.bankaust.com.au/support/disclosures"
    },
    "applicationUri": "https://apply.bankaust.com.au/cip/bankaustralia/p/bankaustralia/homeloan/application.html",
    "brand": "Bank Australia",
    "description": "Our Basic Investment  Loan is anything but, with a low rate, low fees and feel-good features.",
    "effectiveFrom": "2015-04-28T14:30:00.000Z",
    "isTailored": false,
    "lastUpdated": "2026-07-03T01:22:56.520Z",
    "name": "Basic Investment Loan",
    "productCategory": "RESIDENTIAL_MORTGAGES",
    "productId": "c1754c68-efec-417c-99ed-658d6baabb7f",
    "fees": [
      {
        "name": "Home Loan Establishment Fee",
        "additionalInfo": "Payable for all mortgage secured loans to cover Bank Australia administration costs including preparing security documents.",
        "currency": "AUD",
        "fixedAmount": {
          "amount": "0.00"
        },
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount"
      },
      {
        "name": "Portability Fee- New Mortgage",
        "additionalInfo": "Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia.",
        "currency": "AUD",
        "fixedAmount": {
          "amount": "500.00"
        },
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount"
      },
      {
        "name": "Mortgage Discharge Fee",
        "additionalInfo": "Payable when you discharge the mortgage. Statutory government registration fees will still apply.",
        "currency": "AUD",
        "fixedAmount": {
          "amount": "275.00"
        },
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount"
      },
      {
        "name": "Annual fee",
        "currency": "AUD",
        "additionalValue": "P1Y",
        "fixedAmount": {
          "amount": "0.00"
        },
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount"
      },
      {
        "name": "1st Valuation Fee",
        "currency": "AUD",
        "fixedAmount": {
          "amount": "0.00"
        },
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount"
      },
      {
        "name": "Monthly Fee",
        "currency": "AUD",
        "additionalValue": "P1M",
        "fixedAmount": {
          "amount": "0.00"
        },
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount"
      }
    ],
    "eligibility": [
      {
        "additionalInfo": "Individuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.",
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18"
      },
      {
        "additionalInfo": "Individuals only: Not available for non-personal borrowers.",
        "eligibilityType": "NATURAL_PERSON"
      },
      {
        "additionalInfo": "Applications for loans are subject to the Bank's lending criteria.",
        "eligibilityType": "OTHER"
      },
      {
        "additionalInfo": "Australian citizen or permanent resident of Australia",
        "eligibilityType": "RESIDENCY_STATUS",
        "additionalValue": "AU"
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_LIMIT",
        "additionalValue": "10000.00"
      }
    ],
    "features": [
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfo": "You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly"
      },
      {
        "featureType": "REDRAW",
        "additionalInfo": "If you're ahead of your repayments, you may be able to redraw fee free, with restrictions if your loan is fixed"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Split loan between variable and fixed is available"
      },
      {
        "featureType": "EXTRA_REPAYMENTS",
        "additionalInfo": "You can make extra repayments on variable rate loans and access the cash when you need it at no cost with our redraw."
      }
    ],
    "lendingRates": [
      {
        "lendingRateType": "VARIABLE",
        "applicationType": "PERIODIC",
        "tiers": [
          {
            "name": "LVR 60% or less",
            "minimumValue": "0",
            "unitOfMeasure": "PERCENT",
            "maximumValue": "0.6",
            "rateApplicationMethod": "WHOLE_BALANCE"
          }
        ],
        "comparisonRate": "0.0634",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "rate": "0.0634",
        "applicationFrequency": "P1M",
        "loanPurpose": "INVESTMENT",
        "calculationFrequency": "P1D",
        "interestPaymentDue": "IN_ARREARS"
      },
      {
        "lendingRateType": "VARIABLE",
        "applicationType": "PERIODIC",
        "tiers": [
          {
            "name": "LVR 70% or less",
            "minimumValue": "0.601",
            "unitOfMeasure": "PERCENT",
            "maximumValue": "0.7",
            "rateApplicationMethod": "WHOLE_BALANCE"
          }
        ],
        "comparisonRate": "0.0634",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "rate": "0.0634",
        "applicationFrequency": "P1M",
        "loanPurpose": "INVESTMENT",
        "calculationFrequency": "P1D",
        "interestPaymentDue": "IN_ARREARS"
      },
      {
        "lendingRateType": "VARIABLE",
        "applicationType": "PERIODIC",
        "tiers": [
          {
            "name": "LVR 80% or less",
            "minimumValue": "0.701",
            "unitOfMeasure": "PERCENT",
            "maximumValue": "0.8",
            "rateApplicationMethod": "WHOLE_BALANCE"
          }
        ],
        "comparisonRate": "0.0634",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "rate": "0.0634",
        "applicationFrequency": "P1M",
        "loanPurpose": "INVESTMENT",
        "calculationFrequency": "P1D",
        "interestPaymentDue": "IN_ARREARS"
      },
      {
        "lendingRateType": "VARIABLE",
        "applicationType": "PERIODIC",
        "tiers": [
          {
            "name": "LVR 90% or less",
            "minimumValue": "0.801",
            "unitOfMeasure": "PERCENT",
            "maximumValue": "0.9",
            "rateApplicationMethod": "WHOLE_BALANCE"
          }
        ],
        "comparisonRate": "0.0659",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "rate": "0.0659",
        "applicationFrequency": "P1M",
        "loanPurpose": "INVESTMENT",
        "calculationFrequency": "P1D",
        "interestPaymentDue": "IN_ARREARS"
      }
    ]
  }
}