Clear Path Variable Home Loan
Our most popular low rate home loan with features that you'll love
Let's start the process! Call NowAt a glance
4.16
%P.A.
Owner Occupier Principal and Interest Rate
4.30
%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.
Flexible repayment options
Choose weekly, fortnightly or monthly repayments to align with your pay cycle or budget needs.
Loan features
- Borrow up to 98% of the property value, inclusive of Lender's Mortgage Insurance* (Principal and Interest Lending) or 90% of the property value, excluding Lender's Mortgage Insurance* (Interest Only Lending) for Owner Occupiers
- Borrow up to 90% of the property value, inclusive of Lender's Mortgage Insurance* (Principal and Interest or 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 |
4.16 | 4.30 |
Owner occupier - Interest Only |
4.55 |
4.22 |
Investor - Principal and Interest |
4.87 |
5.00 |
Investor - Interest Only |
5.12 |
4.61 |
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.
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
Important Information
For important information on our Clear Path Variable Home Loan, view our Terms and Conditions.
You might also be interested in:
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
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
