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L70 Mortgage Offset Home Loan

A Mortgage Offset Facility Allows You To Accumulate Savings In A Specific Savings Account And Use That Account Balance To Reduce Interest On Your Home Loan.

Home loansBank updated 27 Oct 2026
Apply at Broken Hill Bank ↗Product page ↗Fees and pricing ↗

At a glance

Variable (owner occ. P&I)
8.45%8.50% comparison
Variable (investor P&I)
8.45%
Max LVR
95%
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.

This home loan: 8.45%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% LVR8.45%5.93%SCCU's BROKER HOME LOAN6.38%of 104 institutions101st lowest of 104
Investor variable home loanInvestment, principal & interest, 80% LVR8.45%5.94%AAA Financial Corporation's Portfolio Loan6.59%of 104 institutions101st lowest of 104

Rates

The one rate Broken Hill Bank publishes for this home loan.

TypeApplies toTermBandRateComparisonConditions
VariableReference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon ApprovalP&I--8.45%8.50%-

Rate changes

One change logged, newest first.

DateRateWasNowChange
28 Oct 2026Variable, P&I8.20%8.45%up 0.25

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

Fees

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

When you take it out11

  • Agents Fee
    No fee
  • Credit Report Fee
    $20
  • Electronic Settlement Fee
    No fee
  • IPEX Fee
    $35
  • Lenders Mortgage Insurance
    No fee
  • Loan Establishment Fee - Lenders Mortgage Insurance
    $855
  • Loan Establishment Fee - Self Employed or Debt Consolidation
    $705
  • Loan Establishment Fee
    $655
  • Registration Fee
    No fee
  • Solicitors Fee
    No fee
  • Valuation Fee
    No fee

When you make a transaction1

  • Loan Redraw Processing Fee
    $35

When particular things happen12

  • BHCCU Enforcement Expense
    No fee
  • Credit Bureau Default Listing
    $75
  • Debt Agreement Fee
    $150
  • Discharge Administration Fee
    $250
  • Discharge Of Mortgage Fee
    $500.52
  • Enforcement Collection Cost
    No fee
  • Enforcement Expense
    No fee
  • Guarantee Security Fee
    $325
  • Loan Contract Variation Fee
    $275
  • Progress Drawdown Fee
    $150
  • Security Handling Fee
    $200
  • Settlement Fee
    $150

Features

Offset accountRedrawExtra repaymentsDigital bankingUnlimited transactions"Relationship Rewards"
  • No Monthly Account Keeping Fees
  • No Loan Service Fees
  • No Penalties For Early Payouts

Eligibility and limits

  • Minimum age 18
  • Residency: Australian Citizens Or Permanent Residents
  • Maximum LVR 95%
  • Subject To Eligibility For Credit Via Loan Application Assessment

Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 27 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.