Fixed rate home loans | Fix your rates for 2-5 years

Have certainty of your home loan repayments at a really great rate.

4.99 %P.A.⁺

Discounted 2yr Fixed Rate

5.64 %P.A.^{^}

Comparison Rate

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Call 1300 55 72 72

4.99 ^%P.A.

2 year Fixed Owner Occupied Principal and Interest Rate ⁺

5.64 ^%P.A.

Comparison Rate^

FIXED

Terms of 2 to 5 years available

Why choose our Fixed Rate Home Loan?

Have the certainty of fixed repayments during the fixed term.

Make up to $10,000 in additional repayments annually without penalty.

Choose a term that's right for you.

Split your loan between fixed & variable rate home loan portions. Variable rate application fee may apply.

Access your account balances and transactions at the tip of your fingers with mobile and online banking.

One free residential valuation by a BOQ approved valuer per Fixed Rate Home Loan application^1.

Features

Fixed Home Loan features

You don't need a fortune teller to find out what the future looks like. A fixed rate home loan gives you the certainty of knowing exactly what your repayments will be for a certain term, while protecting yourself against any potential interest rate rises.

Terms	Detail
Loan term	Maximum 30 years
Minimum loan amount	No minimum
Maximum loan amount	Borrow up to 90% of property value for discount offers, inclusive of Lender's Mortgage Insurance⁺ Owner occupiers can borrow up to 95% of the property’s value with principal and interest repayments or 90% with interest only repayments* Investors can borrow up to 90% of the property’s value with principal and interest repayments or interest only repayments*
Repayment type	Principal and Interest Interest only (same term as fixed period and subject to approval)
Repayment options	Weekly/ Fortnightly/ Monthly
Additional repayments	Yes - up to $10,000 annually
Redraw	No
Construction Option	No
Mortgage Offset facility	No
Internet Banking	Yes

Enquire now Call us 1300 55 72 72

Interest rates

Fixed Home Loan Rates

Owner Occupier Interest Rates

	Principal and Interest		Interest only
Term	Interest rate % p.a.	Comparison rate % p.a.^	Interest rate % p.a.	Comparison rate % p.a.^
2 years	5.34	5.71	7.09	6.05
2 year fixed discount rate - max 80% LVR+	4.99 (0.35% p.a. discount)	5.64	N/A	N/A
2 year fixed discount rate - max 90% LVR⁺⁺	5.34 (0% p.a. discount)	5.71	N/A	N/A
3 years	5.34	5.68	7.59	6.32
3 year fixed discount rate - max 80% LVR+	4.99 (0.35% p.a. discount)	5.59	N/A	N/A
3 year fixed discount rate - max 90% LVR⁺⁺	5.24 (0.10% p.a. discount)	5.66	N/A	N/A
4 years	5.64	5.77	7.69	6.52
4 year fixed discount rate - max 80% LVR+	5.29 (0.35% p.a. discount)	5.64	N/A	N/A
4 year fixed discount rate - max 90% LVR⁺⁺	5.54 (0.10% p.a. discount)	5.73	N/A	N/A
5 years	5.64	5.77	7.84	6.75
5 year fixed discount rate - max 80% LVR+	5.29 (0.35% p.a. discount)	5.62	N/A	N/A
5 year fixed discount rate - max 90% LVR⁺⁺	5.54 (0.10% p.a. discount)	5.72	N/A	N/A

Investor Interest Rates

	Principal and Interest		Interest Only
Term	Interest rate % p.a.	Comparison rate % p.a.^	Interest rate % p.a.	Comparison rate % p.a.^
2 years	5.59	5.88	5.69	5.90
2 year fixed discount rate - max 80% LVR+	5.24 (0.35% p.a. discount)	5.81	5.34 (0.35% p.a. discount)	5.83
2 year fixed discount rate - max 90% LVR⁺⁺	5.44 (0.15% p.a. discount)	5.85	5.54 (0.15% p.a. discount)	5.87
3 years	5.59	5.86	5.69	5.89
3 year fixed discount rate - max 80% LVR+	5.24 (0.35% p.a. discount)	5.76	5.34 (0.35% p.a. discount)	5.79
3 year fixed discount rate - max 90% LVR⁺⁺	5.34 (0.25% p.a. discount)	5.79	5.44 (0.25% p.a. discount)	5.82
4 years	5.89	5.95	5.99	5.99
4 year fixed discount rate - max LVR 80%+	5.54 (0.35% p.a. discount)	5.83	5.64 (0.35% p.a. discount)	5.86
4 year fixed discount rate - max LVR 90%⁺⁺	5.64 (0.25% p.a. discount)	5.86	5.74 (0.25% p.a. discount)	5.90
5 years	5.89	5.96	5.99	6.00
5 year fixed discount rate - max LVR 80%+	5.54 (0.35% p.a. discount)	5.81	5.64 (0.35% p.a. discount)	5.85
5 year fixed discount rate - max LVR 90%⁺⁺	5.64 (0.25% p.a. discount)	5.85	5.74 (0.25% p.a. discount)	5.89
Interest Prepaid 1 Year Fixed Rate^**	n/a	n/a	7.80	6.01

All Owner Occupier Rates

Compare interest rates

All Investor Rates

Compare interest rates

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.

Fees	Amount
Application Fee	Nil
Monthly Fee	$10
Settlement Fee	$150
Valuation Fee	One free valuation¹

Important information

Ready to apply for your home loan?

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.

Receive a callback from one of our BOQ branches
within 1-2 business days.

Enquire online

Chat to us.

Call us 1300 55 72 72

Find your nearest branch

Split home loans

If you like the benefits that both fixed rate loans and variable rate loans provide, you can choose to split your home loan.

Splitting your loan means that you can divide your home loan into fixed and variate rate portions. This gives you both the certainty of a fixed rate and the flexibility of a variable rate. The great part is, you get to choose how much of your loan you allocate to each portion.

Learn about splitting your home loan.

Handy home loan tools

Find out your borrowing power, loan repayments and plan your budget.

Calculate borrowing power

Calculate your repayments based on fixed and variable terms.

Calculate repayments

Get to know the market with a BOQ Property Report.

View reports

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Owner Occupier and Investor options available
Unlimited free redraw
Unlimited additional repayments

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Our most popular low rate loan, packed with features

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!

Owner Occupier and Investor options available
Mortgage offset
Unlimited free redraw and flexible repayments

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Need more home loan help?

We go the extra mile to help you buy your first home, with low rates and personalised support from start to finish.

Explore your options

Whether you're upgrading, downsizing or buying a holiday home, we’re here to help you with your next move.

Help with your next move

Switch to a BOQ home loan and enjoy great interest rates and a more personal approach to your banking.

Switch to a BOQ home loan

We're here to help you on your home loan journey when purchasing an investment property.

Start your investment

FAQs

What’s the difference between a fixed vs variable home loan?

If you place a high value on certainty, you might enjoy locking in a fixed rate home loan. As fixed rates don’t fluctuate with the market, it means you’ll pay the same monthly repayments for your fixed term. It certainly makes it easier to plan a budget, whether it’s for big ticket items or day-to-day expenses. At the other end of the rate spectrum are variable rates. These move with the market, so if variable rates decrease, your repayments do too.

What is LVR?

Loan-to-Value Ratio, or LVR, is a financial term used to calculate the amount borrowed against the property’s appraised worth. For example, if you are looking to purchase a property and have put a 20% deposit, this would mean you are borrowing 80% of the property’s value from the bank. As such, your LVR would be 80%.

What is principal and interest?

Lenders typically divide the borrowed balance into two sections: the principal which represents the total amount of money borrowed; and the interest, which is the cost charged by the lender for lending the money to the borrower.

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We’re here to answer any questions you may have.

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Fixed Rate Home Loan

Have certainty of your home loan repayments at a really great rate.

Show me

Why choose our Fixed Rate Home Loan?

Set repayments

Additional repayments

2-5 year terms available

Split between Fixed & Variable

Mobile & online banking

Free property valuation