The Finance Algorithm
Bank Australia

Basic Investment Loan IO

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

Home loansBank updated 3 July 2026
At a glance
Max LVR
90%
Annual fee
$0
Features
extra repayments
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only≤60% LVR6.59%6.45%
VariableInvestment · Interest only60–70% LVR6.59%6.45%
VariableInvestment · Interest only70–80% LVR6.59%6.45%
VariableInvestment · Interest only80–90% LVR6.84%6.70%
§ 02 — Fees · 6
FeeTypeAmountWhenNotes
1st Valuation FeeEventNo fee
Mortgage Discharge FeeEvent$275Payable when you discharge the mortgage. Statutory government registration fees will still apply.
Portability Fee- New MortgageEvent$500Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia.
Annual feePeriodicNo feeEvery 1 yr
Monthly FeePeriodicNo feeEvery 1 mo
Home Loan Establishment FeeUpfrontNo feePayable for all mortgage secured loans to cover Bank Australia administration costs including preparing security documents.
§ 03 — Features
Extra repaymentsDigital banking
  • · Make your loan repayments monthly
  • · Split loan between variable and fixed is available
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: AU
  • · Available to individuals
  • · Amount $10,000 to no maximum
  • · 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 3 July 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.