Bank Australia
Offset Investment Loan IO
A home loan packed with positives for future generations.
Home loansBank updated 11 Sept 2026
At a glance
- Max LVR
- 90%
- Annual fee
- $388
- Features
- offset, extra repayments
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment · Interest only | — | ≤60% LVR | 6.49% | 6.52% | — |
| Variable | Investment · Interest only | — | 60–70% LVR | 6.54% | 6.57% | — |
| Variable | Investment · Interest only | — | 70–80% LVR | 6.59% | 6.62% | — |
| Variable | Investment · Interest only | — | 80–90% LVR | 6.94% | 6.97% | — |
§ 02 — Fees · 8
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| 1st Valuation Fee | Event | No fee | — | — |
| Construction Progress Inspection | Event | No fee | — | — |
| Mortgage Discharge Fee | Event | $275 | — | Payable when you discharge the mortgage. Statutory government registration fees will still apply. |
| Portability Fee- New Mortgage | Event | $500 | — | Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia. |
| Monthly Offset Account Fee | Periodic | No fee | Every 1 mo | — |
| Offset Home Loan Annual Fee | Periodic | $199 | Every 1 yr | Annual fee payable on all Offset Home Loans and Clean Energy Home Loans. The fee is debited to the loan annually on the anniversary date of funding and is non refundable. Only one annual fee applies… |
| Platinum Rewards Credit Card Annual Fee | Periodic | $189 | Every 1 yr | An annual fee charged on your credit card. This fee is waived for holders of an Offset or Clean Energy Home Loan. Each Offset or Clean Energy Loan is entitled to a wavier for the future Annual Fee for one eligible card account in the name of… |
| Establishment Fee | Upfront | No fee | — | — |
§ 03 — Features
Offset accountExtra 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.
§ 06 — Run the numbers
Put this product through a calculator
Published by Bank Australia under the Consumer Data Right, last changed by them on 11 Sept 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.