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Back to Basics Owner Occupied

Back to Basics Owner Occupied

Home loansBank updated 10 Oct 2026
Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (owner occ. P&I)
6.24%6.29% comparison
Max LVR
80%
Features
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.

This home loan: 6.24%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.

RateThis home loanBest anywhereTypical institutionWhere it sits
Variable home loanOwner occupier, principal & interest, 80% LVR6.24%5.93%SCCU's BROKER HOME LOAN6.38%of 104 institutions25th lowest of 104, level with 6 others

Rates

Every rate bankWAW publishes for this home loan, 2 in all.

TypeApplies toTermBandRateComparisonConditions
IntroductoryOwner occupied, P&I2 yrs intro1–60% LVR6.04%6.25%-
VariableOwner occupied, P&I-1–80% LVR6.24%6.29%-

Rate changes

2 changes logged, newest first.

DateRateWasNowChange
12 Oct 2026Introductory, Owner occupied, P&I, 2 yrs intro, 1–60% LVR5.79%6.04%up 0.25
12 Oct 2026Variable, Owner occupied, P&I, 1–80% LVR5.99%6.24%up 0.25

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

Fees

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

When you take it out1

  • LOAN_SUBSTITUTION_OF_PROPERTY_MORTGAGE_FEE
    $300

When you make a transaction4

  • LOAN_LEGAL_FEES,_VALUATIONS,_SURVEYS,_AND_SETTLEMENT_FEES
    No fee
  • LOAN_VALUATION_FEE
    No fee
  • LOAN_REDRAW_FACILITY_FEE_ONLINE
    $10
  • LOAN_REDRAW_FACILITY_FEE_OVER_COUNTER
    $20

When particular things happen4

  • HOME_LOAN_APPLICATION_FEE_-_NEW_APPLICATIONS
    $600
  • HOME_LOAN_TOP_UP_FEE_____EXISTING_LOAN
    $300
  • LOAN_DISCHARGE_FEE_____REGISTRATION_OR_SETTLEMENT

    Plus out of pocket expenses

    $250
  • LOAN_VARIATION_FEE
    $600

Features

RedrawExtra repayments

Eligibility and limits

  • Minimum age 18
  • Amount $45,000 to $3,500,000

Published by bankWAW under the Consumer Data Right, last changed by them on 10 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.