The Finance Algorithm
Bank of us

Flexidiscount Home Loan

If you want a home loan with great pricing and flexibility, but without the need for an offset account, then our FlexiDiscount Home Loan with the option of either a very competitive variable or fixed

Home loansBank updated 3 Sept 2026
At a glance
Max LVR
90%
Features
redraw, extra repayments
§ 01 — Rates · 30
TypeApplies toTermBandRateComparisonConditions
FixedOwner occupied · Interest only1 yr fixed≤60% LVR6.54%6.12%
FixedOwner occupied · Interest only1 yr fixed60–70% LVR6.54%6.12%
FixedOwner occupied · Interest only1 yr fixed70–80% LVR6.59%6.17%
FixedOwner occupied · Interest only1 yr fixed80–90% LVR6.74%6.47%
FixedOwner occupied · Interest only1 yr fixed>90.01% LVR6.84%7.13%
FixedOwner occupied · Interest only2 yrs fixed≤60% LVR6.54%6.16%
FixedOwner occupied · Interest only2 yrs fixed60–70% LVR6.54%6.16%
FixedOwner occupied · Interest only2 yrs fixed70–80% LVR6.59%6.21%
FixedOwner occupied · Interest only2 yrs fixed80–90% LVR6.74%6.50%
FixedOwner occupied · Interest only2 yrs fixed>90.01% LVR6.84%7.11%
FixedOwner occupied · Interest only3 yrs fixed≤60% LVR6.59%6.22%
FixedOwner occupied · Interest only3 yrs fixed60–70% LVR6.59%6.22%
FixedOwner occupied · Interest only3 yrs fixed70–80% LVR6.64%6.27%
FixedOwner occupied · Interest only3 yrs fixed80–90% LVR6.89%6.58%
FixedOwner occupied · Interest only3 yrs fixed>90.01% LVR6.99%7.13%
FixedOwner occupied · Interest only4 yrs fixed≤60% LVR6.69%6.30%
FixedOwner occupied · Interest only4 yrs fixed60–70% LVR6.69%6.30%
FixedOwner occupied · Interest only4 yrs fixed70–80% LVR6.74%6.35%
FixedOwner occupied · Interest only4 yrs fixed80–90% LVR6.89%6.62%
FixedOwner occupied · Interest only4 yrs fixed>90.01% LVR6.99%7.12%
FixedOwner occupied · Interest only5 yrs fixed≤60% LVR6.89%6.44%
FixedOwner occupied · Interest only5 yrs fixed60–70% LVR6.89%6.44%
FixedOwner occupied · Interest only5 yrs fixed70–80% LVR6.94%6.49%
FixedOwner occupied · Interest only5 yrs fixed80–90% LVR7.09%6.75%
FixedOwner occupied · Interest only5 yrs fixed>90.01% LVR7.19%7.21%
VariableOwner occupied · Interest only≤60% LVR6.04%6.06%
VariableOwner occupied · Interest only60–70% LVR6.04%6.06%
VariableOwner occupied · Interest only70–80% LVR6.09%6.11%
VariableOwner occupied · Interest only80–90% LVR6.39%6.43%
VariableOwner occupied · Interest only>90.01% LVR7.09%7.16%
§ 02 — Fees · 16
FeeTypeAmountWhenNotes
ARREARS_FEEEvent$40Payable in each instance you are in default under this contract. This fee will be debited to your loan account on the next business day.
CHEQUE_DISHONOUR_(INWARD)_FEEEvent$12Applies where a cheque paid into your account with us is dishonoured. The fee is debited to your account on the date of dishonour.
DISCHARGE_FEEEvent$395Payable when we agree to discharge any security.
DUPLICATE_STATEMENT_FEEEvent$5Payable for each duplicate paper copy of your monthly statement you request. Charged at the time of your request.
EVIDENCE_RETRIEVAL_FEEEvent$20Applies where you request us to retrieve the paper item or evidence supporting a transaction. The fee is debited to your account when the required documentation is provided to you. Please note that t…
FURTHER_APPLICATION_FEEEvent$300Payable when you ask us to increase the amount of credit.
INSURANCE_COLLECTION_FEEEvent$40Payable in addition to the premium, when we pay the premium for insurance over any security property on your behalf.
SPECIAL_ATTENDANCE_FEEEvent$300per attendance plus any amounts incurred by us in attending such requests, such as valuation fees, mortgage insurance premium, lender s risk and processing fee, legal costs, document custodian charge…
VARIATION_FEEEvent$300Payable when we agree to any request by you to vary the terms of your credit contract (including varying your interest rate or switching product types).
BREAK_COST_FEEExit$1 to $50,000Potentially payable if a fixed rate loan is repaid in full during a fixed rate period.
PROGRESS_INSPECTION_FEESUpfront per plan$109.09 to $1,090.90Payable if we carry out a progress inspection of any security property. Normally only applicable for construction loans with the amount determined at the time of each inspection.
LENDER'S_MORTGAGE_INSURANCE_PREMIUMUpfront$117.63 to $126,397.73Lenders mortgage insurance is generally required for loans where the loan-to-valuation ratio (LVR) is above 80%. The premium payable by you is the amount charged by the lenders mortgage insurer to pr…
LOAN_DOCUMENTATION_COSTSUpfront$325Additional costs may apply including, but limited to, situations where there is more than one residential security property in differing ownership or States, or where guarantees/trusts/companies enti… Loan Documentation Costs
SECURITY_REVIEW_FEEUpfront$275Being the amount of costs and disbursements we have to pay a valuer for a valuation of any security. Fee may be waived for owner-occupied and residential investment lending where the loan-to-valuatio… Security Review Fee
SETTLEMENT_FEEUpfront$350
TITLE_SEARCH_FEEUpfront$38.20 to $191Payable when we require information from the Land Titles Office in connection with your credit contract. Charged at cost.
§ 03 — Features
RedrawExtra repaymentsInstant paymentsDigital banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Should be a citizen or permanent resident of Australia. Temporary residents may be eligible if holders of an acceptable employer supported visa.
  • · Available to individuals
  • · Minimum balance $20,000

Published by Bank of us under the Consumer Data Right, last changed by them on 3 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.