BOQ Intro Rate Variable Home Loan

At a glance

3.19 ^%P.A.

2 Yr Owner Occupier Principal and Interest Variable Rate

3.80 ^%P.A.

Comparison rate^

^$ 0

Application fee

FREE

Residential valuation**

Our Intro Rate Variable Home Loan

Pay off your home loan sooner with a low introductory rate that reverts to a discounted Clear Path Variable Rate after 2 years.

Access your extra repayments anytime via Internet Banking. No fees apply.

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

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

2 year interest only term available subject to approval.

Make additional repayments anytime to reduce the interest on your loan and pay your loan off sooner.

Product available for construction where the Clear Path Interest Only Variable Rate will apply during the construction period.

Ready to get started?

Enquire now

Loan features

No application fee
$10 monthly fee
One free valuation^**
Free redraw
100% mortgage offset⁺
Flexible repayment options - weekly, fortnightly, monthly
Available for loans $150,000 or more
Maximum Loan to Value Ratio of 90%, inclusive of Lender's Mortgage Insurance^*
Mortgage insurance required over 80% Loan to Value Ratio
Available for construction loans. During the construction period, the Clear Path Interest Only Variable Rate will apply with the relevant discount
After the 2 year intro period, the loan will revert to the Clear Path Variable Home Loan

Interest rates

Intro Rate Variable Home Loan Interest Rates

Owner Occupier

Loan type	Interest rate % p.a.	Discount % p.a.	Comparison rate % p.a.^
Owner occupier - Principal and interest
Introductory rate	3.19	0.97	3.80
Ongoing rate	3.76	0.40	3.80
Owner occupier - Interest only
Introductory rate	3.59	0.96	3.87
Ongoing rate	3.76	0.40	3.87

4.87

||INTRORATE_OO_INTONLY_RATE||

Investor

Loan type	Interest rate % p.a.	Discount % p.a.	Comparison rate % p.a.^
Investor - Principal and interest
Introductory rate	3.49	1.38	4.06
Ongoing rate	4.02	0.85	4.06
Investor - Interest only
Introductory rate	3.59	1.53	4.08
Ongoing rate	4.02	0.85	4.08

4.87

||INTRORATE_OO_INTONLY_RATE||

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
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.