Economy Variable Home Loan

BOQ's Economy Variable Rate Home Loan gives you the flexibility you're looking for with free redraw and a choice of repayment options, all on a low interest rate. Plus you can pay off your home loan sooner with unlimited additional repayments.


How to Apply


Interest Rates

ProductInterest Rate % p.a.Comparison Rate % p.a.
Owner Occupied3.894.04


  • Available for all Loan amounts
  • Up to 80% of security property for Owner Occupied and Investment
  • One free valuation1
  • Free redraw
  • Flexible repayment options




Borrowers and Purpose

Individuals, Companies and Trusts(Not available for Self-managed Super Funds and Construction Loans)Yes
Owner occupied & investmentYes
Available for new lending onlyYes



Application fee


Monthly Fee

$10.00 each month

Valuation Fee

One free per application1 

Settlement Fee2 



1. One free residential valuation by BOQ approved Valuer per Economy home loan application.

2. Payable per settlement where applicable


Not sure this is the one for you? Find out more about one of our other great home loan products and check out today's rates.


How to apply


Alternatively, drop into a BOQ branch and speak to someone face to face or call one of our friendly customer service consultants on 1300 55 72 72.


Important information

Please view the terms and conditions listed below on the Terms and Conditions page: