BOQ SpecialistConstruction Loan
A construction loan is a facility with the flexibility to make progress payments to your builder throughout the construction period as each building stage is completed.
At a glance
- Pricing
- Rates on application
- Variable
- 11.20%
- Monthly fee
- $20
Rates
The one rate BOQ Specialist publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Interest only | - | - | 11.20% | - | - |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 6 Nov 2026 | Variable, Interest only | 10.95% | 11.20% | up 0.25 |
| 3 Oct 2026 | Variable, Interest only | 10.70% | 10.95% | up 0.25 |
Each change is logged the night it appears in the rates BOQ Specialist publishes. See how every lender answered the RBA on the rate tracker.
Fees
23 fees published, grouped by when they're charged.
- When you take it outVariesDocumentation or Establishment Fee
- While you hold it$20 a monthMonthly Account Keeping Fee
- When you close it or pay it offVaries2 fees, each listed below
When you take it out1
- Documentation or Establishment Fee
Charged for set up of the Facility.
Varies
While you hold it1
- Monthly Account Keeping Fee
Charged monthly in arrears (with the first payment due one month after the day the advance or the first part of it is drawn to or to the order of the Customer) for the provision and maintenance of th…
$20 a month
When you make a transaction2
- SWIFT Fee
Charged if sending payment via SWIFT.
$30 - Credit Card Payment Fee
Charged when loan payment via BOQS credit card.
1.50% of balance
If a payment is late or fails1
- Payment Dishonour Fee
Charged each time a cheque or payment made by you is dishonoured.
$15
When particular things happen15
- Information Fee
Charged each time you request us to provide information about your facility, including preparing figures and retrieving documents (for example subpoenas and family law proceedings). $80 per hour per…
Varies - Arrears Management and Administration Fee
Charged for the management of any contract in arrears. $140 per hour per staff required to attend.
Varies - Bank Cheque Fee
Charged if sending payment via Bank Cheque (per bank cheque).
$25 - Legal Fee (including settlement and agent fees)
Charged when solicitors need to be involved with matters relating to the documentation and settlement of loans.
Varies - Quantity Surveyors Fees
Charged for external services provided by a Quantity Surveyor on construction facilities where these services are deemed by Us as required.
Varies - Settlement Cancellation Fee
Charged if a booked settlement does not proceed.
$150 - Special Attendance Fee
Charged if you require any special attendance (for example, the production of the title for any reason, consent to a subsequent mortgage, variation or substitution of security). $450 plus any applica…
$450 - Valuation Fee
Charged for external property valuation costs where a property valuation is required.
Varies - Additional Valuation Fee
Charged for additional valuation required by us.
Varies - Application Reassessment Fee
Charged when an application is reassessed.
$250 - Consent to lease Fee
Charged when a consent to registration of lease and production of Certificate of Title is required.
$395 - Construction fee
Charged on expiry date which is the day on which the final repayment is due under the repayment schedule. 1.10% of the total amount of the principal outstanding (where the total amount of escrow fina…
$395 - Substitution/Assignment/Novation Fee
$450 plus any applicable External Costs.
Varies - Trust Deed Review
Charged when a trust deed requires review.
$220 - Variation Fee (including increase, extension, substitution, novation)
$395 - $950. Charged for any variations made to the loan that need documentation.
Varies
When you close it or pay it off2
- Discharge Fee
$150 (PPSR security), $250 (property). Charged each time a security is discharged (per security).
Varies - Termination Fee
Payable if an agreement is terminated before expiration of the term of that agreement.
Varies
Other fees1
- Government Stamp Duty
Charged if a NSW deal and stamp duty applies.
Varies
Features
- While they're building, you only pay interest on the progress claims made.
- Instead of lending you the whole amount upfront, we make a series of progress payments to your builder as they reach certain stages in the building process.
- Do major renovations to a property you already own.
- Build a new structure on land you already own.
Eligibility and limits
- Exclusively available to medical, dental, veterinary and accounting professionals.
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Published by BOQ Specialist under the Consumer Data Right, last changed by them on 5 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.