The Finance Algorithm
BNK Bank (Goldfields Money/BCHL)

Gold Prime Residential Special Home Loans

The Better Choice Gold Special Home Loan offers a standard variable loan. This loan suits borrowers that are looking for flexibility with their home loan and investment properties with a fully transactionable 100% Offset account.

Home loansBank updated 11 May 2026
At a glance
Variable (owner occ. P&I)
6.15% · 6.18% comparison
Variable (investor P&I)
6.35%
Max LVR
95%
Annual fee
$299
Features
offset, redraw, extra repayments
§ 01 — Rates · 10
TypeApplies toTermBandRateComparisonConditions
VariableINV IO Up to 70% LVRInvestment · Interest only≤70% LVR · $100,000–$2,000,0006.50%6.59%Rate applied to new Gold Prime Special Residential home loans
VariableINV IO Up to 80% LVRInvestment · Interest only70–80% LVR · $100,000–$2,000,0006.55%6.64%Rate applied to new Gold Prime Special Residential home loans
VariableINV IO Up to 90% LVRInvestment · Interest only80–90% LVR · $100,000–$2,000,0008.32%8.42%Rate applied to new Gold Prime Special Residential home loans
VariableINV P&I Up to 70% LVRInvestment · P&I≤70% LVR · $100,000–$2,000,0006.35%6.44%Rate applied to new Gold Prime Special Residential home loans
VariableINV P&I Up to 80% LVRInvestment · P&I70–80% LVR · $100,000–$2,000,0006.40%6.49%Rate applied to new Gold Prime Special Residential home loans
VariableINV P&I Up to 90% LVRInvestment · P&I80–90% LVR · $100,000–$1,500,0008.02%8.12%Rate applied to new Gold Prime Special Residential home loans
VariableOO P&I Up to 70% LVROwner occupied · P&I≤70% LVR · $100,000–$2,000,0006.15%6.18%Rate applied to new Gold Prime Special Residential home loans
VariableOO P&I Up to 80% LVROwner occupied · P&I70–80% LVR · $100,000–$2,000,0006.20%6.23%Rate applied to new Gold Prime Special Residential home loans
VariableOO P&I Up to 90% LVROwner occupied · P&I80–90% LVR · $100,000–$1,500,0007.97%8.00%Rate applied to new Gold Prime Special Residential home loans
VariableOO P&I Up to 95% LVROwner occupied · P&I90–95% LVR · $100,000–$1,500,0008.39%8.42%Rate applied to new Gold Prime Special Residential home loans
§ 02 — Fees · 22
FeeTypeAmountWhenNotes
Conversion: Funder FeeEvent$250This fee is associated with conversion of an existing loan - Convert to Fixed Rate (Full or Partial), Interest Only, Principal & Interest, Full Doc
Conversion: Variation FeeEvent$250This fee is associated with conversion of an existing loan - Convert to Fixed Rate (Full or Partial), Interest Only, Principal & Interest, Full Doc
Loan Top UpEvent$350This fee is incurred when a customer requests an increase for an existing loan
Other Fees: Document Custody FeeEvent$25
Solicitors FeesEvent$350This fee is incurred for existing loans when they increase on an existing Loan
Substitution of Security: Funder FeeEvent$250Substitution of Security
Substitution of Security: Solicitor FeesEvent$1
Substitution of Security: Valuation FeesEvent$1Substitution of Security
Valuation costsEvent$1This fee is incurred for existing loans when they increase on an existing Loan
Discharge (Full or Partial): Solicitor FeesExit$1Solicitor Fees for Discharge (Full or Partial)
Discharge (Full or partial)Exit$350Discharging a loan
Discharge FeeExit$350Discharge fee to close/discharge the loan
Discharge FeeExit$350Discharge fee to close/discharge the loan
Annual FeePeriodic$299Every 1 yrAnnual fee for investment loans only
Application FeeUpfront$295Application Fee for Investment Loan
Application FeeUpfront$295Application Fee for Owner Occupied Loan Fee waived for OO Loans
Document Handling FeeUpfront$25Document fee at the beginning of the loan
Document Handling FeeUpfront$25Document fee at the beginning of the loan
Solicitors FeesUpfront$330Solicitors Fees
Solicitors FeesUpfront$330Solicitors Fees Waived for OO Loans
Valuation FeesUpfront$1Valuation Fee to access the cost of the purchase property
Valuation FeesUpfront$1Valuation Fee refund
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
  • · Pay weekly, fortnightly or monthly
  • · Pay interest only. You can pay just the interest for up to 5 years if its an investment property.
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: An Australian citizen, permanent resident or Australian resident for tax purposes
  • · Employment: Yes
  • · Available to businesses
  • · Minimum balance $100,000
  • · Provide sufficient security and provide satisfactory assessment in accordance with Better Choice’s credit assessment criteria

Published by BNK Bank (Goldfields Money/BCHL) under the Consumer Data Right, last changed by them on 11 May 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.