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Basic Investment Loan Fixed IO

Our Basic Investment Loan is anything but, with low fees and feel-good features. With Interest Only repayments and the certainty of a fixed rate.

Home loansBank updated 28 Oct 2026
Apply at Bank Australia ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Max LVR
90%
Annual fee
$0
Features
extra repayments

Rates

Every rate Bank Australia publishes for this home loan, 14 in all.

TypeApplies toTermBandRateComparisonConditions
FixedInvestment, Interest only1 yr fixed≤60% LVR7.04%6.64%-
FixedInvestment, Interest only1 yr fixed60–70% LVR7.04%6.64%-
FixedInvestment, Interest only1 yr fixed70–80% LVR7.04%6.64%-
FixedInvestment, Interest only1 yr fixed80–90% LVR7.34%6.90%-
FixedInvestment, Interest only2 yrs fixed≤60% LVR7.09%6.69%-
FixedInvestment, Interest only2 yrs fixed60–70% LVR7.09%6.69%-
FixedInvestment, Interest only2 yrs fixed70–80% LVR7.09%6.69%-
FixedInvestment, Interest only2 yrs fixed80–90% LVR7.34%6.94%-
FixedInvestment, Interest only3 yrs fixed≤60% LVR7.19%6.76%-
FixedInvestment, Interest only3 yrs fixed60–70% LVR7.19%6.76%-
FixedInvestment, Interest only3 yrs fixed70–80% LVR7.19%6.76%-
FixedInvestment, Interest only3 yrs fixed80–90% LVR7.49%7.03%-
FixedInvestment, Interest only5 yrs fixed≤60% LVR7.29%6.90%-
FixedInvestment, Interest only5 yrs fixed60–70% LVR7.29%6.90%-

Rate changes

14 changes logged, newest first.

DateRateWasNowChange
19 Sept 2026Fixed, Investment, Interest only, 1 yr fixed, ≤60% LVR6.64%7.04%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 1 yr fixed, 60–70% LVR6.64%7.04%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 1 yr fixed, 70–80% LVR6.64%7.04%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 1 yr fixed, 80–90% LVR6.94%7.34%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 2 yrs fixed, ≤60% LVR6.69%7.09%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 2 yrs fixed, 60–70% LVR6.69%7.09%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 2 yrs fixed, 70–80% LVR6.69%7.09%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 2 yrs fixed, 80–90% LVR6.94%7.34%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 3 yrs fixed, ≤60% LVR6.79%7.19%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 3 yrs fixed, 60–70% LVR6.79%7.19%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 3 yrs fixed, 70–80% LVR6.79%7.19%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 3 yrs fixed, 80–90% LVR7.09%7.49%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 5 yrs fixed, ≤60% LVR6.89%7.29%up 0.40
19 Sept 2026Fixed, Investment, Interest only, 5 yrs fixed, 60–70% LVR6.89%7.29%up 0.40

Each change is logged the night it appears in the rates Bank Australia publishes. See how every lender answered the RBA on the rate tracker.

Fees

8 fees published, grouped by when they're charged.

  1. When you take it outVaries2 fees, each listed below
  2. While you hold itVaries2 fees, each listed below
  3. When you close it or pay it offNo fee published

When you take it out2

  • Home Loan Establishment Fee

    Payable for all mortgage secured loans to cover Bank Australia administration costs including preparing security documents.

    No fee
  • Rate Lock Fee

    Payable when you choose to lock in the fixed rate at application. 0.10% of the total fixed loan amount for approved home loan applications (minimum fee $50). This applies to 1, 2, 3 and 5 year Fixed…

    0.10% of balance

While you hold it2

  • Annual fee
    No fee
  • Monthly Fee
    No fee

When particular things happen4

  • 1st Valuation Fee
    No fee
  • Break Fee

    You may be required to pay a break fee if you pay your fixed loan off in full, make an early repayment or make certain other changes to your loan during any fixed period. The fee is calculated at the…

    $0 to $999,999.99
  • Mortgage Discharge Fee

    Payable when you discharge the mortgage. Statutory government registration fees will still apply.

    $275
  • Portability Fee- New Mortgage

    Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia.

    $500

Features

Extra repaymentsDigital banking
  • Make your loan repayments monthly
  • Split loan between variable and fixed is available

Eligibility and limits

  • Minimum age 18
  • Residency: AU
  • Available to individuals
  • Amount from $10,000, no maximum
  • Maximum LVR 90%
  • Applications for loans are subject to the Bank's lending criteria.

Published by Bank Australia under the Consumer Data Right, last changed by them on 28 Oct 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.