At a glance

3.59 %P.A.
2 Yr Owner Occupier Principal and Interest Rate
4.19 %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.

Free redraw

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

Flexible repayment options

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

100% Mortgage offset+

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

Interest only option

2 year interest only term available subject to approval.

Additional repayments

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

Available for construction

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

Ready to get started?

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 LVR of 90%, inclusive of Lender's Mortgage Insurance*
  • Mortgage insurance required over 80% LVR
  • Available for construction loans. During the construction period the Clear Path Interest Only Variable Rate will apply
  • 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

3.59 0.97

4.19

Ongoing rate 4.16
0.40
4.19
Owner occupier - Interest only 
Introductory rate
3.99
1.03
4.27
Ongoing rate
4.16
0.40
4.27

5.19

3.99

Investor
Loan type Interest rate % p.a. Discount % p.a. Comparison rate % p.a.^

Investor - Principal and interest

Introductory rate

3.74 1.45

4.37

Ongoing rate 4.34
0.85
4.37
Investor - Interest only 
Introductory rate
4.14
1.45
4.44
Ongoing rate
4.34
0.85
4.44

5.19

3.99

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.

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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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