The Finance Algorithm
BOQ Specialist

Basic Home Loan

The Basic Home Loan offers a low competitive interest rate, an optional One Account to support your everyday banking needs and a redraw facility to manage surplus funds.

Home loansBank updated 7 May 2026
At a glance
Variable (owner occ. P&I)
8.02% · 8.20% comparison
Variable (investor P&I)
8.09%
Max LVR
90%
Annual fee
$120
Features
redraw
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only≤90% LVR8.80%8.98%
VariableInvestment · P&I≤90% LVR8.09%8.27%
VariableOwner occupied · Interest only≤90% LVR8.78%8.96%
VariableOwner occupied · P&I≤90% LVR8.02%8.20%
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
Monthly feePeriodic$10Every 1 moWaived when a transactional account is opened and used as the primary account debited for repayment.
§ 03 — Features
Redraw
  • · You can also benefit from an optional transactional account. Our One Account helps to manage your everyday banking, which features a favourable interest rate on credit balances in your account
  • · Choose between a variable or a fixed rate home loan
  • · 24/7 service with our Client Service Centre
  • · Borrow up to 90% LVR with no LMI
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Resident or Citizen
  • · Maximum LVR 90%
  • · Product is offered to medical, dental ,veterinary & accounting professionals only

Published by BOQ Specialist under the Consumer Data Right, last changed by them on 7 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.