Mortgage Breaker Owner Occupied
Our Mortgage Breaker Owner Occupier variable home loan gives you the flexibility to make unlimited additional repayments and have access to free redraw. You can also save on interest while having access to your money with our 100% offset account.
- From (owner occupied)
- 6.09%
- 6.13% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.09% | 6.13% | LVR ≤60% discount |
| Variable | 6.19% | 6.23% | LVR >60% to ≤70% discount |
| Variable | 6.24% | 6.28% | LVR >70% to ≤80% discount |
| Variable | 6.39% | 6.43% | LVR >80% to ≤90% discount |
| Variable Applicable for new lending only. Existing members can switch to Mortgage Breaker Owner Occupier Special with a minimum of $20,000 in additional lending. | 6.59% | 6.63% | LVR >90% |
| Variable | 8.48% | 8.53% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Loan Document Fee - Top Up Payable for a further advance against existing security. Valuation fee at cost. | Event | $350.00 |
| Default Enforcement Expenses May apply if enforcement services are required as part of default administration. | Event | Variable |
| 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 |
| Substitution of Mortgage Security Per property. | Event | $350.00 |
| Discharge Fee Payable for standard partial or full discharges. Fee charged per property. | Exit | $300.00 |
Features
- Real-time payments (NPP)
- Digital banking
- Offset account
- Redraw facility
- split loan
- Extra repayments
- unlimited extra repayments
Eligibility
- Residency status — Must be an Australian Resident
- Minimum age — 18 years
- Individuals only
Constraints
- Minimum limit — $20,000.00
More Information
Published by RACQ Bank under the Consumer Data Right · Last updated 18 May 2026 · Product ID 572 · View on CDR.gov.au