Home Buyers Scheme Home Loan
A Home Buyer Scheme Home Loan is an exclusive package for first home buyers. Benefit from a lower deposit required, a choice of fixed or variable rate, and the flexibility for your loan to grow with you.
- From (owner occupied)
- 6.24%
- 6.59% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Home Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposit Scheme. Conditions apply. | 6.24% | 6.59% | — |
| Fixed · 1 year Home Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposit Scheme . Conditions apply. | 6.29% | 6.95% | — |
| Fixed · 2 years Home Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposit Scheme. Conditions apply. | 6.39% | 6.93% | — |
| Fixed · 3 years Home Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposit Scheme. Conditions apply. | 6.59% | 6.97% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Total Home Loan Package Fee Charged yearly · This fee is charged annually for those who have a Total Home Loan Package. | Ongoing | $395.00 |
| Building / Bridging Establishment Fee Payable on the establishment of a building or bridging loan | Upfront | $890.00 |
| Mortgage Loan Establishment Fee This fee is payable on establishment of the loan.
| Upfront | $445.00 |
| Mortgage Discharge, Settlement or Partial Discharge Fee Payable whenever a mortgage is discharged or partially discharged | Event | $350.00 |
| Loan Variation Documentation fee This fee is payable when a property already held by us as security is to be used as security for additional credit.
|
Features
- Digital banking
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
- Extra repayments
- Additional Repayments: make unlimited additional repayments to your loan when on a variable interest rate; or make up to $25,000 p.a. in additional repayments to your loan when in a fixed rate without penalty.
- Offset account
- Offset optional: Multiple Offset Accounts can be linked to a Variable Loan. The balance in this account reduces the interest you pay on your mortgage.
- LVR: Borrow up to 95% of the value of the property (inclusive of LMI). Exclusive to first home buyers participating in the Australian Government 5% Deposit Scheme only.
- Split Loan: A split loan gives you the stability of a fixed interest rate plus the flexibility of a variable interest rate.
- Redraw facility
- Redraw payments made in advance at any time through Internet and Mobile Banking. Minimum redraw amount is $500.
Eligibility
- Employment status — Lending criteria, requirements and terms and conditions apply
- Minimum age — 18 yearsAvailable for customers aged 18 years and over
- Individuals only
- Membership: You must be or become a Beyond Bank Australia member.
- Lending criteria applies. Terms, conditions, fees and charges apply.
- Eligibility: This package is exclusive to first home buyers participating in the Australian Government 5% Deposit Scheme only. Applicants may need to complete a statutory declaration of application or provide evidence of first home buyer status at our request. Conditions apply.
- Residency status — Australian CitizenMust be an Australian citizen, permanent Australian resident or hold a Visa. If a Visa holder's income is relied upon to determine serviceability, the term of the Visa must exceed the term of the loan.
Constraints
- Maximum limit — $2,000,000.00
- Maximum LVR — 95%
- Minimum limit — $50,000.00
- Minimum LVR — 0%
More Information
Published by Beyond Bank Australia under the Consumer Data Right · Last updated 16 July 2026 · Product ID 36 · View on CDR.gov.au · View Source Data (JSON)