The Finance Algorithm
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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 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, 4 in all.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only-≤60% LVR6.84%6.70%-
VariableInvestment, Interest only-60–70% LVR6.84%6.70%-
VariableInvestment, Interest only-70–80% LVR6.84%6.70%-
VariableInvestment, Interest only-80–90% LVR7.09%6.95%-

Rate changes

4 changes logged, newest first.

DateRateWasNowChange
16 Oct 2026Variable, Investment, Interest only, ≤60% LVR6.59%6.84%up 0.25
16 Oct 2026Variable, Investment, Interest only, 60–70% LVR6.59%6.84%up 0.25
16 Oct 2026Variable, Investment, Interest only, 70–80% LVR6.59%6.84%up 0.25
16 Oct 2026Variable, Investment, Interest only, 80–90% LVR6.84%7.09%up 0.25

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

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

  1. When you take it outNo feeHome Loan Establishment Fee
  2. While you hold itVaries2 fees, each listed below
  3. When you close it or pay it offNo fee published

When you take it out1

  • Home Loan Establishment Fee

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

    No fee

While you hold it2

  • Annual fee
    No fee
  • Monthly Fee
    No fee

When particular things happen3

  • 1st Valuation Fee
    No fee
  • 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.