Choice Offset Home Loan
Home LoansData Sharing Status
The Choice Offset Home Loan Allows You To Accumulate Savings In A Specific Savings Account And Use That Account Balance To Reduce Interest On Your Home Loan.
- From (owner occupied)
- 6.54%
- 6.59% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.54% | 6.59% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Loan Redraw Processing Fee | Transaction | $35.00 |
| Discharge of Mortgage Fee | Upfront | $648.92 |
| Veda credit report fee | Upfront | $19.95 |
| Loan Establishment Fee | Event | $655.00 |
| Loan Establishment Fee | Event | $705.00 |
| Loan Establishment Fee # | Upfront | $855.00 |
| Loan Contract Variation Fee | Event | $225.00 |
| Guarantee Security Fee | Event | $225.00 |
| Discharge of Mortgage Fee | Upfront | $125.00 |
Features
- Digital banking
- 24/7 Banking And Instant Access To Your Accounts Via Laptop, Tablet Or Smartphone
- Extra repayments
- Loyalty program — "Relationship Rewards"
- "Relationship Rewards" - Providing You The Opportunity For Fee-Free Banking
- Offset account
- No Monthly Account Keeping Fees
- No Loan Service Fees
- No Penalties For Early Payouts
- Redraw facility
Eligibility
- Minimum age — 18 years
- Subject To Eligibility For Credit Via Loan Application Assessment
- Residency status — Australian Citizens Or Permanent ResidentsResidents Of Australia Are Eligible
Constraints
- Maximum LVR — 80%
- Minimum limit — $250,000.00
More Information
Published by Broken Hill Bank under the Consumer Data Right · Last updated 11 June 2026 · Product ID 53 · View on CDR.gov.au