Discount Plus Home Loan (with Principal and Interest Repayment)

Home loansBank updated 8 Oct 2026

At a glance

Variable (owner occ. P&I): 6.18%6.56% comparison
Max LVR: 90%
Features: offset, redraw, extra repayments

How it compares

This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

Typical 6.38%

6%6.2%6.4%6.6%6.8%7%7.2%to 9.5%

This home loan: 6.18%Every other institution's lowest, 103 in all

Owner occupier, principal & interest, 80% LVR. One dot per institution, at its lowest variable home loan rate anyone can apply for; hover or tap a dot for its name.

Rate	This home loan	Best anywhere	Typical institution	Where it sits
Variable home loanOwner occupier, principal & interest, 80% LVR	6.18%	5.93%SCCU's BROKER HOME LOAN	6.38%of 104 institutions	15th lowest of 104

Rates

Every rate Bank of China publishes for this home loan, 2 in all.

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Variable	Owner occupied, P&I	-	-	6.18%	6.56%	Minimum Loan Amount: $100,000, with LVR <= 80%.
Variable	Owner occupied, P&I	-	-	7.94%	8.30%	Minimum Loan Amount: $100,000, with LVR > 80% and = 90%.

Fees

One fee published, grouped by when they're charged.

While you hold it1

Annual Fee
$395

Features

Offset accountRedrawExtra repaymentsDigital banking

Eligibility and limits

Available to individuals
Amount from $100,000, no maximum
Maximum LVR 90%

Compare it with others

All home loans Other Bank of China home loans Everything Bank of China publishes

Put this product through a calculator

Published by Bank of China under the Consumer Data Right, last changed by them on 8 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.