Mortgage Breaker Investment Interest Only
Our Mortgage Breaker Investor interest only variable home loan gives you the flexibility to make unlimited additional repayments.
- From (investment)
- 6.29%
- 6.33% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.29% | 6.33% | LVR ≤60% discount |
| Variable | 6.39% | 6.43% | LVR >60% to ≤70% discount |
| Variable | 6.44% | 6.48% | LVR >70% to ≤80% discount |
| Variable | 6.59% | 6.63% | LVR >80% to ≤90% discount |
| Variable Interest only term is available for up to 5 years | 9.04% | 9.09% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Loan Document Fee - Top Up Payable for a further advance against existing security. Valuation fee at cost. | Event | $350.00 |
| Valuation Fee The cost of the first valuation for a new security is covered by RACQ Bank. Any additional valuation required on an existing security will be payable by the member at cost. | Event | Variable |
| Company / Trust - Borrower / Guarantor Party Fee Company Search and Review Fee Payable for each company or trust borrower / guarantor party on the loan. | Event | $150.00 |
| Discharge Fee Payable for standard partial or full discharges. Fee charged per property. | Exit | $300.00 |
| Default Enforcement Expenses May apply if enforcement services are required as part of default administration. | Event | Variable |
| Substitution of Mortgage Security Per property. | Event | $350.00 |
Features
- Real-time payments (NPP)
- Digital banking
- split loan
- Extra repayments
- unlimited extra repayments
Eligibility
- Minimum age — 18 years
- Individuals only
- Residency status — Must be an Australian Resident
Constraints
- Minimum limit — $20,000.00
More Information
Published by RACQ Bank under the Consumer Data Right · Last updated 18 May 2026 · Product ID 308 · View on CDR.gov.au · View Source Data (JSON)