At a glance

4.47 %P.A.
Owner Occupier Principal and Interest Rate
4.60 %P.A.
Comparison rate^
$ 0
Application fee
FREE
Residential valuation**

Why choose our Clear Path Variable Home Loan?

If you're looking for a fully featured, cheap home loan with a low rate, our Clear Path Variable Rate Home Loan is for you!

Free redraw

Access any advance repayments in your home loan through redraw. No fees apply.

Mortgage offset account+

Link your home loan to a Mortgage Offset Account and you can save on interest.

Flexible repayment options

Choose weekly, fortnightly or monthly repayments to align with your pay cycle or budget needs. 

Loan features

  • 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
  • No application fee
  • One free valuation**
  • Free redraw
  • 100% mortgage offset account+
  • Flexible repayment options - weekly, fortnightly, monthly
  • Available for all loan amounts
  • Available for construction loans. During the construction period the Interest Only Rate will be applicable.

Interest rates

 

Borrower Interest rate % p.a. Comparison rate % p.a.^

Owner occupier - Principal and Interest

4.47

4.60

Owner occupier - Interest Only

4.87

4.77

Investor - Principal and Interest

5.04

5.17

Investor - Interest Only

5.44

5.34

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 Amount
Application fee

Nil

Valuation fee

One free valuation*

Monthly fee

$10/month

Redraw fee

No fee ($100 minimum applies)

Settlement fee $150# 

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

Important Information

For important information on our Clear Path Variable Home Loan, view our 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 older
  • Have never been bankrupt
  • Be an Australian citizen or permanent resident
  • Earn a regular income

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Mortgage Offset Account

Pay off your house sooner

Mortgage Offset Account

Access your money at any time while reducing the interest payable on your home loan.

  • 100% offset against your eligible BOQ Home Loan
  • No minimum balance
  • Easy access to your money when you need it
Home and Contents Insurance

Protect your most valuable asset

Home and Contents Insurance

You’ve put a lot in to your home and spent a lot on your belongings. Make sure they’re protected should the unthinkable happen.

  • Combined or separate home and contents insurance
  • Automatic cover for fire and flood
  • Cover for accidental damage