Basic Home Loan Fixed
Our Basic Home Loan is anything but, with a low rate, low fees and feel-good features. With the certainty of a fixed rate.
- From (owner occupied)
- 6.34%
- 6.16% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year | 6.34% | 6.16% | 0–0.6% |
| Fixed · 1 year | 6.34% | 6.16% | 0.601–0.7% |
| Fixed · 1 year | 6.34% | 6.16% | 0.701–0.8% |
| Fixed · 2 years | 6.39% | 6.19% | 0–0.6% |
| Fixed · 2 years | 6.39% | 6.19% | 0.601–0.7% |
| Fixed · 2 years | 6.39% | 6.19% | 0.701–0.8% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Home Loan Establishment Fee Payable for all mortgage secured loans to cover Bank Australia administration costs including preparing security documents. | Upfront | $0.00 |
| Rate Lock Fee Payable when you choose to lock in the fixed rate at application. 0.10% of the total fixed loan amount for approved home loan applications (minimum fee $50). This applies to 1, 2, 3 and 5 year Fixed Rate home loans only and is non-refundable. | Other | 0.1% of balance |
| Portability Fee- New Mortgage Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia. | Event | $500.00 |
| Break Fee You may be required to pay a break fee if you pay your fixed loan off in full, make an early repayment or make certain other changes to your loan during any fixed period. The fee is calculated at the time of the event and is specifically related to your individual loan. More information is found in the loan fees and charges document. | Event | $0.00 – $999,999.99 |
| Mortgage Discharge Fee Payable when you discharge the mortgage. Statutory government registration fees will still apply. | Event | $275.00 |
Features
- Digital banking
- You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
- Extra repayments
- Addtional repayments up to $30,000 during the fixed rate period
- Make your loan repayments weekly, fortnightly or monthly
- Welcoming a new family member to the family can place a pretty big strain on finances so we offer you the option of pausing your home loan repayments to give you some breathing space. This allows you to take a break from payments for three months, or halve them for six. Conditions apply
- Our Eco-Pause lets customers take a break from their mortgage repayments and redirect their money to eco upgrades such as solar panels, batteries and water tanks. With an eco-pause you can pause your repayments for three months or halve them for six. Conditions apply.
- Fixed rate lock; With our rate lock you can apply for a fixed interest rate on your home loan and lock in the rate while your home loan settles.
Eligibility
- Minimum age — 18 yearsIndividuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.
- Individuals onlyNot available for non-personal borrowers.
- Applications for loans are subject to the Bank's lending criteria.
- Residency status — AUAustralian citizen or permanent resident of Australia
Constraints
- Minimum limit — $10,000.00
More Information
Published by Bank Australia under the Consumer Data Right · Last updated 3 July 2026 · Product ID 230145b1-fedf-4b8d-a9a0-a36acb6bf1a6 · View on CDR.gov.au