Basic Home Loan
Home LoansData Sharing Status
Our Basic Home Loan is anything but, with a low rate, low fees and feel-good features.
- From (owner occupied)
- 6.13%
- 6.13% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.13% | 6.13% | LVR 60% or less |
| Variable | 6.13% | 6.13% | LVR 70% or less |
| Variable | 6.14% | 6.14% | LVR 80% or less |
| Variable | 6.39% | 6.39% | LVR 90% or less |
| Variable | 6.65% | 6.65% | LVR Over 90% |
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 |
| 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 |
| Mortgage Discharge Fee Payable when you discharge the mortgage. Statutory government registration fees will still apply. | Event | $275.00 |
| Annual fee Charged yearly | Ongoing | $0.00 |
| 1st Valuation Fee | Event | $0.00 |
| Monthly Fee Charged monthly | Ongoing | $0.00 |
Features
- Digital banking
- You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
- Extra repayments
- You can make extra repayments on variable rate loans and access the cash when you need it at no cost with our redraw.
- Eco-Pause: 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 fditions apply.
- Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly
- Parental Pause: 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.
- Redraw facility
- If you're ahead of your repayments, you may be able to redraw fee free, with restrictions if your loan is fixed
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 onlyIndividuals only: Not 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 d6a80145-dc64-42da-a8c1-7c1e494fd361 · View on CDR.gov.au · View Source Data (JSON)