Broken Hill BankChoice Offset Home Loan
The Choice Offset Home Loan Allows You To Accumulate Savings In A Specific Savings Account And Use That Account Balance To Reduce Interest On Your Home Loan.
At a glance
- Variable (owner occ. P&I)
- 6.79%6.84% comparison
- Max LVR
- 80%
- 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 | 6.79% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 85th lowest of 104, level with 2 others |
Rates
The one rate Broken Hill Bank publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Owner occupied, P&I | - | - | 6.79% | 6.84% | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 28 Oct 2026 | Variable, Owner occupied, P&I | 6.54% | 6.79% | 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
14 fees published, grouped by when they're charged.
When you take it out5
- Discharge of Mortgage Fee$125
- Discharge of Mortgage Fee$649.02
- IPEX Fee - Loan Funding #$35
- Loan Establishment Fee #$855
- Veda credit report fee$19.95
When you make a transaction1
- Loan Redraw Processing Fee$35
When particular things happen8
- Credit Bureau Default Listing$50
- Debt Agreement Fee$150
- Guarantee Security Fee$225
- Loan Contract Variation Fee$225
- Loan Establishment Fee$655
- Loan Establishment Fee$705
- Security Handling Fee$200
- Settlement Fee$150
Features
- 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
- Amount from $250,000, no maximum
- Maximum LVR 80%
- Subject To Eligibility For Credit Via Loan Application Assessment
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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.