Economy Variable Home Loan

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 6.49%, Comparison Rate 6.58%
• Repayment Type: Interest Only
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 6.54%, Comparison Rate 6.68%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 6.44%, Comparison Rate 6.53%
• Repayment Type: Interest Only
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 8.05%, Comparison Rate 7.20%
• Repayment Type: Interest Only
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 8.27%, Comparison Rate 7.39%
• Repayment Type: Interest Only
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 6.34%, Comparison Rate 6.48%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 7.92%, Comparison Rate 8.06%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 7.57%, Comparison Rate 7.71%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.39%, Comparison Rate 6.53%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

• Lending Rate Type: Variable
• Interest Rate: 6.18%, Comparison Rate 6.33%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.23%, Comparison Rate 6.38%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

• Lending Rate Type: Variable
• Interest Rate: 6.39%, Comparison Rate 6.53%
• Repayment Type: Principal And Interest
• Loan Purpose: Owner Occupied

 Product Features

• Other Additional Information: Loan Purpose - Owner Occupied and Investment housing

• Redraw Additional Information: Unlimited free redraw- minimum $100.00 redraw.

• Other Additional Information: Security - Residential property

• Other Additional Information: Maximum LVR - 80% for both Owner Occupied and Investment purposes

• Digital Banking

• Other Additional Information: Maximum loan term - 30 years

• Other Additional Information: Loan Switching- switching fee applies

• Other Additional Information: Minimum loan term - 1 year

• Other Additional Information: Repayment frequency -Weekly, fortnightly, monthly

• Other Additional Information: Repayment Options -Principal and Interest, Interest only (maximum 5 years; subject to approval)

• Other Additional Information: Statement frequency - 6 Monthly

• Other Additional Information: Split loans- fixed loan application fee applies

• Other Additional Information: Additional repayments - make unlimited additional repayments at any time

 Product Eligibility

• Min Age - 18. Additional Information: Be 18 years of age or older

• Other Additional Information: Have never been bankrupt

• Other Additional Information: Earn a regular income

• Natural Person Additional Information: New and existing customers for new lending only. Not available for the refinance or restructure of existing BOQ lending

• Residency Status - Resident Or Citizen. Additional Information: Be an Australian citizen or permanent resident

 Bank Fees and Charges

• Settlement Fee (Upfront), Amount: 150.0000.

• Substitution Of Security (Event), Amount: 300.0000. Additional Information: Payable if we agree to substitution of a security for another security.

• Construction Loan Fee (Upfront), Amount: 250.0000.

• Consent Fee (Event), Amount: 300.0000. Additional Information: Payable whenever we give consent (following a request from you) to a change in security.

• Default Fee (Event), Amount: 30.0000. Additional Information: Payable 10 days after a repayment date if you have not paid your repayment or any other payment in full on or before that repayment date. A further default fee is payable 10 days after the repayment date in each subsequent month until all overdue amounts are paid.

• Application Fee (Upfront), Amount: 300.0000.

• Government And Other Charges (Variable), Amount: Not Listed.. Additional Information: Fees payable to third parties. Fees may include but are not limited to - Mortgage duty, Mortgage lodgement fee, Land title search fee etc. Fees may vary by state. Refer to your loan schedule for a complete list of third-party fees that apply to your account.

• Security Release Fee (Event), Amount: 350.0000. Additional Information: Payable when we agree (at your request) to discharge a security.

• Monthly Fee (Periodic), Amount: 10.0000. Additional Information: Discounts may apply in some cases. Refer to your Loan schedule for details.

• Production Fee (Event), Amount: 150.0000. Additional Information: Payable if a certificate of title or any security is requried to be produced to another financial institution.

 Document Downloads

  personal-banking-guide-to-fees-and-charges.pdf (720.6 KB)