--- title: "Purple Basic Vbl Home Loan-Inv — Beyond Bank Australia" description: "Home Loans from Beyond Bank Australia. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/beyond-bank-australia/products/46 source: "CDR Compare" language: en-AU last_updated: 2026-06-09T12:00:31.0688821Z --- # Purple Basic Vbl Home Loan-Inv — Beyond Bank Australia > Home Loans from Beyond Bank Australia. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Home Loans** The Purple Basic Variable Investment Loan is a simple home loan with a low interest rate, offering great value. ## At a glance - **From (investment):** 6.24% (6.27% comparison) ## Apply Applications are handled by the provider: [Apply at Beyond Bank Australia](https://www.beyondbank.com.au/home-loans/purple-basic-variable-investment-home-loan/) ## Interest rates | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable (Purple Basic Variable Investment Loan. Principal & interest, LVR >0 - <=60% & a minimum of $150,000 new money. Conditions apply.) | 6.24% | 6.27% | — | | Variable (Purple Basic Variable Investment Loan. Principal & interest, LVR >60 - <=80% & a minimum of $150,000 new money. Conditions apply.) | 6.34% | 6.37% | — | | Variable (Purple Basic Variable Investment Loan. Principal & interest, LVR >80 - <=90%. Conditions apply.) | 6.74% | 6.77% | — | ## Fees | Fee | Type | Amount | | --- | --- | --- | | 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. | Upfront | $345.00 | | Redraw (staff-assisted) fee — This fee is payable for each staff-assisted redraw. | Transaction | $35.00 | | Redraw (online) fee — Online redraw via Internet or Mobile Banking is free. | Transaction | $0.00 | | Default Notice Fee — This fee is payable whenever we send you a default notice because you have defaulted under the contract or related mortgage. | Event | $20.00 | | Additional Security Fee — This fee is payable when we prepare any security in addition to the mortgage over the primary mortgaged property. | Upfront | $150.00 | | Default fee on Home and Investment Loan - on the 8th day — This fee is payable on the 8th day you are in default. | Event | $20.00 | | Default fee on Home and Investment Loan - every 14th day thereafter — This fee is payable every 14th day thereafter for so long as you remain in default. | Event | $25.00 | | Property Valuation Fee — A property valuation may be required at time of application and we will provide you with a quote if applicable. Beyond Bank will cover up to $300 of the valuation fee (GST inclusive) for the first valuation/property only | Upfront | $0.00 | ## 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.) - **Pre-Approval: 120 day pre-approval so you can search with confidence.** - **Redraw facility** (Redraw payments made in advance at any time through Internet and Mobile Banking. There is no minimum redraw amount.) ## Eligibility - **Employment status** — Lending criteria, requirements and terms and conditions apply - **Minimum age** — 18 years (Available for customers aged 18 years and over) - **Individuals only** - **Membership: You must be or become a Beyond Bank Australia member.** - **Lending criteria, requirements and terms and conditions apply** - **LVR: Borrow up to 90% of the value of the property (inclusive of LMI). Conditions apply.** - **Security: A single residential property or cross collateral security permitted.** - **Pension recipients** (Lending criteria, requirements and terms and conditions apply) - **Residency status** — Australian Citizen (Must 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** — 90% - **Minimum limit** — $150,000.00 - **Minimum LVR** — 0% ## More information from Beyond Bank Australia - [Overview](https://www.beyondbank.com.au/home-loans/purple-basic-variable-investment-home-loan/) - [Terms & conditions](https://www.beyondbank.com.au/home-loans/purple-basic-variable-investment-home-loan/) - [Eligibility](https://www.beyondbank.com.au/home-loans/purple-basic-variable-investment-home-loan/) - [Fees & pricing](https://www.beyondbank.com.au/home-loans/purple-basic-variable-investment-home-loan/) ## Data provenance - Published by Beyond Bank Australia under the Consumer Data Right - Product ID: `46` - Last updated by the provider: 9 June 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/beyond-bank-australia/46 - Provider page: https://www.cdrcompare.au/brands/beyond-bank-australia - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000054 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/beyond-bank-australia/products/46) — product data published by Australian data holders under the Consumer Data Right. 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