{
  "source": "https://cdrbank.racq.com.au/cds-au/v1/banking/products/122",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "122",
    "lastUpdated": "2026-05-18T22:23:44Z",
    "productCategory": "RESIDENTIAL_MORTGAGES",
    "name": "2 Year Fixed Home Loan Investment",
    "description": "Our fixed rate home loans provide security of fixed repayments and allows for additional repayments up to $10,000 per annum.",
    "brand": "RACQ Bank",
    "brandName": "RACQ Bank",
    "applicationUri": "https://forms.racq.com.au/banking/servlet/SmartForm.html?formCode=home-loan",
    "isTailored": false,
    "additionalInformation": {
      "feesAndPricingUri": "https://www.racq.com.au/banking/forms-and-documents"
    },
    "features": [
      {
        "featureType": "DIGITAL_BANKING"
      },
      {
        "featureType": "NPP_ENABLED"
      },
      {
        "featureType": "EXTRA_REPAYMENTS",
        "additionalInfo": "extra repayments of up to $10,000 are allowed on a fixed rate"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "split loan"
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_LIMIT",
        "additionalValue": "20000.00"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18"
      },
      {
        "eligibilityType": "NATURAL_PERSON"
      },
      {
        "eligibilityType": "RESIDENCY_STATUS",
        "additionalValue": "Must be an Australian Resident"
      }
    ],
    "fees": [
      {
        "name": "Discharge Fee",
        "feeType": "EXIT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "300.00"
        },
        "currency": "AUD",
        "additionalInfo": "Payable for standard partial or full discharges.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Substitution of Mortgage Security",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "350.00"
        },
        "currency": "AUD",
        "additionalInfo": "Per property.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Home Loan Fixed Rate Lock Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "500.00"
        },
        "currency": "AUD",
        "additionalInfo": "If you elect to lock your fixed interest rate for a period of 90 days from the date you return your Home Loan Fixed Rate Lock Request. Available for new lending applications only.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Early Termination Fee",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Payable if you repay your loan or change to a variable interest rate during the fixed rate period. Applicable to fixed term loans only. Interest differential as defined in the loan contract plus a $200 administration fee.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Loan Document Fee - Top Up",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Payable for a further advance against existing security. Valuation fee at cost.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Early Payment Fee",
        "feeType": "OTHER",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Payable if you make extra repayments that exceed $10,000 per annum during any fixed period. Applicable to fixed term loans only. Interest differential as defined in the loan contract is payable.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Company / Trust - Borrower / Guarantor Party Fee Company Search and Review Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "150.00"
        },
        "currency": "AUD",
        "additionalInfo": "Payable for each company or trust borrower / guarantor party on the loan.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Valuation Fee",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "The cost of the first valuation for a new security is covered by RACQ Bank. Any additional valuation required on an existing security will be payable by the member at cost.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Default Enforcement Expenses",
        "feeType": "OTHER",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "May apply if enforcement services are required as part of default administration.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      },
      {
        "name": "Document Preparation and Settlement Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "550.00"
        },
        "currency": "AUD",
        "additionalInfo": "Document Preparation and Settlement Fee includes the cost of title search, document preparation and settlement fees - document generation, distribution of documents, verification of returned documents, verification of search requirements, settlement booking, settlement attendance (PEXA or paper) and lodgement of title documents.",
        "additionalInfoUri": "https://www.racq.com.au/banking/forms-and-documents"
      }
    ],
    "lendingRates": [
      {
        "rate": "0.0744",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "additionalValue": "P2Y",
        "tiers": [
          {
            "name": "LVR >90%",
            "unitOfMeasure": "PERCENT",
            "minimumValue": "0.9001",
            "rateApplicationMethod": "WHOLE_BALANCE"
          }
        ],
        "lendingRateType": "FIXED",
        "comparisonRate": "0.0697",
        "interestPaymentDue": "IN_ARREARS",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "loanPurpose": "INVESTMENT"
      },
      {
        "rate": "0.0694",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "additionalValue": "P2Y",
        "tiers": [
          {
            "name": "LVR ≤90% discount ",
            "unitOfMeasure": "PERCENT",
            "minimumValue": "0.0001",
            "maximumValue": "0.90",
            "rateApplicationMethod": "WHOLE_BALANCE"
          }
        ],
        "lendingRateType": "FIXED",
        "comparisonRate": "0.0686",
        "interestPaymentDue": "IN_ARREARS",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "loanPurpose": "INVESTMENT"
      }
    ]
  }
}