Home Loan Privileges Package

A complete home loan package where you'll be rewarded

If you already have a transaction account with BOQ, why not look at our home loan package so you can save?

You'll enjoy discounted interest rates on our Standard Variable Rate Home Loan and Line of Credit facility, and we'll waive the monthly fees and application fees on all of our loan types.

With fee savings and discounts on your home loan, everyday banking, credit cards and more, you'll love being one of our most valued customers!

 

BOQ'S Home Loan Package is available to individual and joint borrowers, and trusts and companies who have a housing loan (not available for business purposes).

 

How to apply

Features and Benefits

Standard Variable Home Loan 

Fixed Rate Home Loan 

Line of Credit Facility 

Application fee 

Nil

Nil

Nil

Home loan fee 

Nil

Nil

Nil

Annual package fee 

$395 each year

Maintenance fee 

Not applicable

First 40 transaction per month free# then $0.60 per transaction

Loan term 

Maximum 30 years

No fixed term – at call ongoing line of credit facility with a fixed credit limit

Minimum loan amount 

No Minimum

$25,000

Maximum loan amount 

Maximum loan amount is dependent on your available security and ability to repay.

Maximum LVR        Borrow up to 95% of the property value* (Principal and Interest Lending) or 80% of the property value (Interest Only Lending) for Owner Occupiers

 

Borrow up to 90% of the property value* (Principal and Interest Lending) or 80% of the property value (Interest Only Lending) for Investors

Borrow up to 80% of the property value for Owner Occupiers and Investors

Repayment type 

  • Principal and Interest
  • Interest only (maximum 5 years; subject to approval)

Flexible - pay any amount, as long as the balance stays within the credit limit.

Repayment options 

  • Weekly
  • Fortnightly
  • Monthly

Additional repayments 

Yes

Yes - up to $5,000 per annum (break costs apply above this amount)

Yes 

Redraw 

Yes – minimum $100 redraw. Available through Internet Banking subject to approval.

No

Not applicable. 

Low Doc Option 

No

No

No

Mortgage offset facility 

Yes - personal customers only

Yes - personal customers on a 1 year fixed rate term only

No

Internet Banking 

Yes

EasyPhone Banking 

Yes

#Excludes fees for transactions through non-Bank of Queensland ATMs and giroPost.

    * Lender's mortgage insurance required if the amount borrowed is more than 80% of the valuation of the security property. Applies to both owner-occupied and investment loans.

Products 

Package discounts 

Day2Day Plus AccountTM 

No discounts apply, as this is an approved transactions account which is required to qualify for this package.

Credit cards 

Choose between Platinum Visa Credit Card or Blue Visa Credit Card.

Annual credit card annual fee is waived

Personal Loans 

Application fee and monthly maintenance fee waived.

 

Interest Rate Discounts (based on package minimum borrowings) apply against the following variable Personal Loans and variable Personal Overdrafts: 

• Secured Personal Loan
• Goods Secured Personal Loan Variable
• Unsecured Personal Loan
• Unsecured Personal Overdraft
• Secured Personal Overdraft 

 

Minimum Package Borrowing 

Interest Rate Discount 

$150,000 - $250,000 

0.50% p.a.

$250,000 - $1,000,000

0.85% p.a.

$1,000,000 +

0.90% p.a

No Interest Rate discount applicable on Fixed Rate Personal Loans

Premier Investment Accounts 

Investments from $25,000 to $250,000 will receive bonus interest of 0.25% p.a. above the standard rate on carded rates.  

The bonus interest is not available in conjunction with any other bonus offer or on special rates.

To qualify

  • You must have total combined borrowings of $150,000 or more with BOQ. 
  • You must maintain an approved transaction account with BOQ (not required if you have a Line of Credit Facility).

Home Loan Package Interest Rates

View all Home Loan Package interest rates on the Home Loan Interest Rates page.

Fees and Charges

Annual package fee: $395

How to apply

Important information

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