Bluebay Home LoansHomepay Plus
Homepay Plus
Also sold at the same rates and fees as Crown Money Management, Hejaz Islamic Home Finance, Mortgage Mart, OwnHome, Riyadh Financial Services, WLTH and Zank Financial.
At a glance
- Variable (owner occ. P&I)
- 6.99%
- Max LVR
- 95%
- Annual fee
- $379
- 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.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.99% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 91st lowest of 104, level with one other |
Rates
Every rate Bluebay Home Loans publishes for this home loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Owner occupied, Interest only | - | ≤95% LVR, $50,000–$2,000,000 | 7.19% | - | - |
| Variable | Owner occupied, P&I | - | ≤95% LVR, $50,000–$2,000,000 | 6.99% | - | - |
Fees
7 fees published, grouped by when they're charged.
- When you take it outUp to $9903 fees, each listed below
- While you hold it$379 a yearLender's Annual Facility Fee
- When you close it or pay it off$795Discharge Administration Fee
When you take it out3
- Construction Risk Fee (CRF)6.00% of balance
- Progress Payment Inspection Fee$990
- Upfront Construction Review Fee$750
While you hold it1
- Lender's Annual Facility Fee$379 a year
When you close it or pay it off1
- Discharge Administration Fee$795
Other fees2
- Third Party Costs
At cost
Varies - Valuation Fee
At Cost
Varies
Features
- LMI Available
- Split Loan
Eligibility and limits
- Minimum age 18
- Residency: Australian Citizen or a Permanent Resident of Australia
- Available to individuals
- Minimum balance $50,000
- Have a build contract with a HomePay accredited builder;
- provide sufficient security in accordance with our lending eligibility criteria; and/or a guarantor who supports the loan also meets our lending eligibility criteria.
- Meets our lending eligibility criteria
Compare it with others
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Published by Bluebay Home Loans under the Consumer Data Right, last changed by them on 5 Nov 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.