Offset Investment Loan Fixed IO
A home loan packed with positives for future generations.
- From (investment)
- 6.64%
- 6.47% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year | 6.64% | 6.47% | 0–0.6% |
| Fixed · 1 year | 6.64% | 6.51% | 0.601–0.7% |
| Fixed · 1 year | 6.64% | 6.55% | 0.701–0.8% |
| Fixed · 2 years | 6.69% | 6.51% | 0–0.6% |
| Fixed · 2 years | 6.69% | 6.55% | 0.601–0.7% |
| Fixed · 2 years | 6.69% | 6.59% | 0.701–0.8% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Monthly Offset Account Fee Charged monthly | Ongoing | $0.00 |
| Offset Home Loan Annual Fee Charged yearly · Annual fee payable on all Offset Home Loans and Clean Energy Home Loans. The fee is debited to the loan annually on the anniversary date of funding and is non refundable. Only one annual fee applies per customer where multiple loans exist. | Ongoing | $199.00 |
| 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 |
| Establishment Fee | Upfront | $0.00 |
| Platinum Rewards Credit Card Annual Fee Charged yearly · An annual fee charged on your credit card.
| Ongoing | $189.00 |
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
- Offset account
- A Mortgage Offset account reduces the amount of interest you pay on your home loan. The amount within this account is offset against your home loan, meaning you only pay interest on the difference. Up to a limit of $20,000.
- 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.
- Split loan between variable and fixed is available
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
Bundles
Offset Loan
Offset Loan
Offset loans include an annual fee waiver for the Platinum Rewards Credit Card and everyday banking.
More Information
Published by Bank Australia under the Consumer Data Right · Last updated 23 June 2026 · Product ID dfcc20c7-75b4-44e9-bf84-cc44344f51ae · View on CDR.gov.au