The Finance Algorithm
Beyond Bank Australia

Home Buyers Scheme Home Loan

A Home Buyer Scheme Home Loan is an exclusive package for first home buyers. Benefit from a lower deposit required, a choice of fixed or variable rate, and the flexibility for your loan to grow with you.

Home loansBank updated 23 Sept 2026
At a glance
Variable (owner occ. P&I)
6.14% · 6.49% comparison
Fixed
1 yr 6.29% · 2 yrs 6.39% · 3 yrs 6.59%
Max LVR
95%
Annual fee
$395
Features
offset, redraw, extra repayments
§ 01 — Rates · 5
TypeApplies toTermBandRateComparisonConditions
FixedHome Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposi…Owner occupied · P&I1 yr fixed6.29%6.95%
FixedHome Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposi…Owner occupied · P&I2 yrs fixed6.39%6.93%
FixedHome Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposi…Owner occupied · P&I3 yrs fixed6.59%6.97%
VariableHome Buyer Scheme Total Home Loan Package Building Loan. Owner occupied, interest only, LVR >0 - <=95%, a minimum loan amount of $50,000 new money. Only available to participants in the Australian Go…Owner occupied · Interest only6.44%6.85%
VariableHome Buyer Scheme Total Home Loan Package. Owner occupied, principal & interest, LVR >0 - <=95% & a minimum of $50,000 new money. Only available to participants in the Australian Government 5% Deposi…Owner occupied · P&I6.14%6.49%
§ 02 — Fees · 21
FeeTypeAmountWhenNotes
Default fee on Home and Investment Loan - every 14th day thereafterEvent$25This fee is payable every 14th day thereafter for so long as you remain in default.
Default fee on Home and Investment Loan - on the 8th dayEvent$20This fee is payable on the 8th day you are in default.
Default Notice FeeEvent$20This fee is payable whenever we send you a default notice because you have defaulted under the contract or related mortgage.
Mortgage Discharge, Settlement or Partial Discharge FeeEvent$350Payable whenever a mortgage is discharged or partially discharged
Rate Variation FeeEvent$150This fee is payable each time you ask us to vary the type of interest rate (variable to fixed or vice versa) or refix your loan. No Rate Variation fee - Home Buyer Scheme Total Home Loan Package
Reg of Discharge fee - SAEvent$204
Total Home Loan Package FeePeriodic$395Every 1 yrThis fee is charged annually for those who have a Total Home Loan Package.
Redraw (online) feeTransactionNo feeOnline redraw via Internet or Mobile Banking is free.
Redraw (staff-assisted) FeeTransaction$35This fee is payable for each staff-assisted redraw.
Additional Security FeeUpfront$150This fee is payable when we prepare any security in addition to the mortgage over the primary mortgaged property.
Building / Bridging Establishment FeeUpfront$890Payable on the establishment of a building or bridging loan
Hold Fixed Interest RateUpfront0.15% of balanceThe amount of this fee is 0.15% of the loan amount and is payable should you wish to hold a fixed interest rate from time of loan application to settlement. The minimum and maximum amounts are intend…
Loan Variation Documentation feeUpfront$345This fee is payable when a property already held by us as security is to be used as security for additional credit. No Loan Variation Documentation fee - Home Buyer Scheme Total Home Loan Package
Mortgage Loan Establishment FeeUpfront$445This fee is payable on establishment of the loan. No Mortgage Loan Establishment Fee - Home Buyer Scheme Total Home Loan Package
Mortgage Loan Settlement Fee (a)Upfront$200This fee is payable for a new loan settled. No Mortgage Loan Settlement Fee (a) - Home Buyer Scheme Total Home Loan Package
Mortgage Loan Settlement Fee (b)Upfront$150This fee is payable for each loan variation or top up settled. No Mortgage Loan Settlement Fee (b) - Home Buyer SchemeTotal Home Loan Package
Reg of Mortgage fee - NSWUpfront$182.73
Reg of Mortgage fee - SAUpfront$204
Reg of Transfer fee - NSWUpfront$182.73
Search FeeUpfront$35This fee is payable for each search we conduct in relation to a loan or security.
Security Handling FeeUpfront$150This fee is payable if you ask us to prepare documentation to note a change of your name on the title, or produce your land title.
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
  • · LVR: Borrow up to 95% of the value of the property (inclusive of LMI). Exclusive to first home buyers participating in the Australian Government 5% Deposit Scheme only.
  • · Split Loan: A split loan gives you the stability of a fixed interest rate plus the flexibility of a variable interest rate.
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Citizen
  • · Employment: Lending criteria, requirements and terms and conditions apply
  • · Available to individuals
  • · Amount $50,000 to $2,000,000
  • · Maximum LVR 95%
  • · Membership: You must be or become a Beyond Bank Australia member.
  • · Lending criteria applies. Terms, conditions, fees and charges apply.
  • · Eligibility: This package is exclusive to first home buyers participating in the Australian Government 5% Deposit Scheme only. Applicants may need to complete a statutory declaration of application o…

Published by Beyond Bank Australia under the Consumer Data Right, last changed by them on 23 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.