Choice Home Loan
Home LoansData Sharing Status
Our Choice Home Loan, With Our Lowest Ongoing Variable Interest Rate, Is The Only Choice If You Are Looking To Purchase Your Own Home.
- From (owner occupied)
- 5.94%
- 5.99% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 5.94% | 5.99% | — |
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
- No Monthly Account Keeping Fees
- No Loan Service Fees
- No Penalties For Early Payouts
- Redraw facility
- Unlimited transactions
- "Relationship Rewards" - Providing You The Opportunity For Fee-Free Banking
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 54 · View on CDR.gov.au