---
title: "Mortgage Breaker Owner Occupied — 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/572
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-18T22:22:00Z
---

# Mortgage Breaker Owner Occupied — 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 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.

## At a glance

- **From (owner occupied):** 6.09% (6.13% 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 |
| --- | --- | --- | --- |
| 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 |
| 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

- **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 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: `572`
- Last updated by the provider: 18 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/racq-bank/572
- 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/572) — 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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