At a glance

7.29 %P.A.
Variable interest only rate
$0
Minimum loan amount
6 Months
Maximum loan term

Why choose our Bridging Finance Loan?

When you've found your dream home, there's no need to wait. Our Bridging Finance Loan gives you the opportunity to buy your new home while you're waiting for the sale of your existing home. 

Short-term loan facility

Designed to bridge the gap between your existing home loan and your new one

Flexible repayments

You'll only need to pay interest only repayments

Loan features

Feature Detail

Loan term

Short term facility - six months maximum

Minimum loan amount

No minimum loan amount

Repayment options

Interest Only repayments

Eligibility     

Individuals and joint applicants only 

Internet Banking

Yes

 

Standard Variable Home Loan Fixed Rate Home Loan Line of Credit Facility
Application fee      
Home loan fee      
Annual Package fee      
Maintenance fee      
Loan term      
Minimum loan amount      
Maximum loan amount      
Maximum LVR      
Repayment type      
Repayment options      
Additional repayments      
Redraw      
Low Doc Option      
Mortgage offset facility      
Internet banking      
EasyPhone Banking      
       
       
       

 

Standard Variable Home Loan Fixed Rate Home Loan Line of Credit Facility
Application fee      
Home loan fee      
Annual Package fee      
Maintenance fee      
Loan term      
Minimum loan amount      
Maximum loan amount      
Maximum LVR      
Repayment type      
Repayment options      
Additional repayments      
Redraw      
Low Doc Option      
Mortgage offset facility      
Internet banking      
EasyPhone Banking      
       
       
       

 

Interest rate

Product Interest Rate % p.a.
Bridging Finance Loan  7.29

Fees

At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Fee type Amount
Application fee $495
Agreed Credit Advance Fee

0.25% of approved overdraft limit 

Charged quarterly

Valuation Fee Amount may vary

A full list of fees can be found in our Fees and Charges guide below.

Important information

For important information on our Bridging Finance Loan, view the terms and conditions.

Ready to apply?

There are a few things you’ll need to begin, such as your proof of identity, employment details and financial details such as income, assets, expenses and liabilities

Step 1.

Check your eligibility. You must:

  • Be 18 years of age or over
  • Have never been bankrupt
  • Be an Australian citizen or permanent resident
  • Earn a regular income

Step 2.

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