---
title: "1 Year Fixed Home Loan Investment Interest Only — RACQ Bank"
description: "Home Loans from RACQ Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/racq-bank/products/314
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-18T22:23:12Z
---

# 1 Year Fixed Home Loan Investment Interest Only — RACQ Bank

> Home Loans from RACQ Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans**

Our fixed rate home loans provide security of fixed repayments and allows for additional repayments up to $10,000 per annum.

## At a glance

- **From (investment):** 6.89% (6.84% comparison)

## Apply

Applications are handled by the provider: [Apply at RACQ Bank](https://forms.racq.com.au/banking/servlet/SmartForm.html?formCode=home-loan)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 1 year (Interest only term is available for up to 5 years) | 6.89% | 6.84% | LVR ≤90% discount |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Home Loan Fixed Rate Lock Fee — If you elect to lock your fixed interest rate for a period of 90 days from the date you return your Home Loan Fixed Rate Lock Request. Available for new lending applications only. | Event | $500.00 |
| 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 |
| Discharge Fee — Payable for standard partial or full discharges. | Exit | $300.00 |
| Loan Document Fee - Top Up — Payable for a further advance against existing security. Valuation fee at cost. | Event | Variable |
| Early Termination Fee — Payable if you repay your loan or change to a variable interest rate during the fixed rate period. Applicable to fixed term loans only. Interest differential as defined in the loan contract plus a $200 administration fee. | 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 |
| Early Payment Fee — Payable if you make extra repayments that exceed $10,000 per annum during any fixed period. Applicable to fixed term loans only. Interest differential as defined in the loan contract is payable. | Other | Variable |
| Substitution of Mortgage Security — Per property. | Event | $350.00 |
| Default Enforcement Expenses — May apply if enforcement services are required as part of default administration. | Other | Variable |
| Document Preparation and Settlement Fee — Document Preparation and Settlement Fee includes the cost of title search, document preparation and settlement fees - document generation, distribution of documents, verification of returned documents, verification of search requirements, settlement booking, settlement attendance (PEXA or paper) and lodgement of title documents. | Upfront | $550.00 |

## Features

- **Digital banking**
- **Real-time payments (NPP)**
- **Extra repayments** (extra repayments of up to $10,000 are allowed on a fixed rate)
- **split loan**

## Eligibility

- **Residency status** — Must be an Australian Resident
- **Minimum age** — 18 years
- **Individuals only**

## Constraints

- **Minimum limit** — $20,000.00

## More information from RACQ Bank

- [Fees & pricing](https://www.racq.com.au/banking/forms-and-documents)

## Data provenance

- Published by RACQ Bank under the Consumer Data Right
- Product ID: `314`
- Last updated by the provider: 18 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/racq-bank/314
- Provider page: https://www.cdrcompare.au/brands/racq-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000244

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/racq-bank/products/314) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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