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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 15 Oct 2026
Apply at Bank of us ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Max LVR
90%
Features
redraw, extra repayments

Rates

Every rate Bank of us publishes for this home loan, 30 in all.

TypeApplies toTermBandRateComparisonConditions
FixedOwner occupied, Interest only1 yr fixed≤60% LVR6.54%6.23%-
FixedOwner occupied, Interest only1 yr fixed60–70% LVR6.54%6.23%-
FixedOwner occupied, Interest only1 yr fixed70–80% LVR6.59%6.23%-
FixedOwner occupied, Interest only1 yr fixed80–90% LVR6.74%6.25%-
FixedOwner occupied, Interest only1 yr fixed>90.01% LVR6.84%7.36%-
FixedOwner occupied, Interest only2 yrs fixed≤60% LVR6.54%6.26%-
FixedOwner occupied, Interest only2 yrs fixed60–70% LVR6.54%6.26%-
FixedOwner occupied, Interest only2 yrs fixed70–80% LVR6.59%6.27%-
FixedOwner occupied, Interest only2 yrs fixed80–90% LVR6.74%6.30%-
FixedOwner occupied, Interest only2 yrs fixed>90.01% LVR6.84%7.31%-
FixedOwner occupied, Interest only3 yrs fixed≤60% LVR6.59%6.30%-
FixedOwner occupied, Interest only3 yrs fixed60–70% LVR6.59%6.30%-
FixedOwner occupied, Interest only3 yrs fixed70–80% LVR6.64%6.32%-
FixedOwner occupied, Interest only3 yrs fixed80–90% LVR6.89%6.39%-
FixedOwner occupied, Interest only3 yrs fixed>90.01% LVR6.99%7.31%-
FixedOwner occupied, Interest only4 yrs fixed≤60% LVR6.69%6.37%-
FixedOwner occupied, Interest only4 yrs fixed60–70% LVR6.69%6.37%-
FixedOwner occupied, Interest only4 yrs fixed70–80% LVR6.74%6.39%-
FixedOwner occupied, Interest only4 yrs fixed80–90% LVR6.89%6.45%-
FixedOwner occupied, Interest only4 yrs fixed>90.01% LVR6.99%7.28%-
FixedOwner occupied, Interest only5 yrs fixed≤60% LVR6.89%6.50%-
FixedOwner occupied, Interest only5 yrs fixed60–70% LVR6.89%6.50%-
FixedOwner occupied, Interest only5 yrs fixed70–80% LVR6.94%6.52%-
FixedOwner occupied, Interest only5 yrs fixed80–90% LVR7.09%6.59%-
FixedOwner occupied, Interest only5 yrs fixed>90.01% LVR7.19%7.34%-
VariableOwner occupied, Interest only-≤60% LVR6.19%6.19%-
VariableOwner occupied, Interest only-60–70% LVR6.19%6.19%-
VariableOwner occupied, Interest only-70–80% LVR6.19%6.19%-
VariableOwner occupied, Interest only-80–90% LVR6.19%6.19%-
VariableOwner occupied, Interest only->90.01% LVR7.34%7.41%-

Rate changes

5 changes logged, newest first.

DateRateWasNowChange
16 Oct 2026Variable, Owner occupied, Interest only, ≤60% LVR6.04%6.19%up 0.15
16 Oct 2026Variable, Owner occupied, Interest only, 60–70% LVR6.04%6.19%up 0.15
16 Oct 2026Variable, Owner occupied, Interest only, 70–80% LVR6.09%6.19%up 0.10
16 Oct 2026Variable, Owner occupied, Interest only, 80–90% LVR6.39%6.19%down 0.20
16 Oct 2026Variable, Owner occupied, Interest only, >90.01% LVR7.09%7.34%up 0.25

Each change is logged the night it appears in the rates Bank of us publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

  1. When you take it outUp to $3506 fees, each listed below
  2. While you hold itNo fee published
  3. When you close it or pay it off$1 to $50,000BREAK_COST_FEE

When you take it out6

  • PROGRESS_INSPECTION_FEES

    Payable 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.

    $109.09 to $1,090.90
  • LENDER'S_MORTGAGE_INSURANCE_PREMIUM

    Lenders 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…

    $117.63 to $126,397.73
  • LOAN_DOCUMENTATION_COSTS

    Additional 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

    $325
  • SECURITY_REVIEW_FEE

    Being 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

    $275
  • SETTLEMENT_FEE
    $350
  • TITLE_SEARCH_FEE

    Payable when we require information from the Land Titles Office in connection with your credit contract. Charged at cost.

    $38.20 to $191

When particular things happen9

  • ARREARS_FEE

    Payable in each instance you are in default under this contract. This fee will be debited to your loan account on the next business day.

    $40
  • CHEQUE_DISHONOUR_(INWARD)_FEE

    Applies where a cheque paid into your account with us is dishonoured. The fee is debited to your account on the date of dishonour.

    $12
  • DISCHARGE_FEE

    Payable when we agree to discharge any security.

    $395
  • DUPLICATE_STATEMENT_FEE

    Payable for each duplicate paper copy of your monthly statement you request. Charged at the time of your request.

    $5
  • EVIDENCE_RETRIEVAL_FEE

    Applies 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…

    $20
  • FURTHER_APPLICATION_FEE

    Payable when you ask us to increase the amount of credit.

    $300
  • INSURANCE_COLLECTION_FEE

    Payable in addition to the premium, when we pay the premium for insurance over any security property on your behalf.

    $40
  • SPECIAL_ATTENDANCE_FEE

    per 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…

    $300
  • VARIATION_FEE

    Payable 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).

    $300

When you close it or pay it off1

  • BREAK_COST_FEE

    Potentially payable if a fixed rate loan is repaid in full during a fixed rate period.

    $1 to $50,000

Features

RedrawExtra repaymentsInstant paymentsDigital banking

Eligibility and 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 15 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.