RACQ Bank
Fair Dinkum Investment Home Loan
Our Fair Dinkum Investment Home Loan is a basic home loan with a lower variable rate, no ongoing fees and unlimited additional repayments without the extras like a redraw facility and offset account.
Home loansBank updated 10 Sept 2026
At a glance
- Variable (investor P&I)
- 6.34%
- Max LVR
- 90%
- Features
- extra repayments
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment · P&I | — | ≤60% LVR | 6.34% | 6.34% | Available for new RACQ Bank home loans with an eligible LVR of ≤60% |
| Variable | Investment · P&I | — | 60–70% LVR | 6.44% | 6.44% | Available for new RACQ Bank home loans with an eligible LVR between >60% to ≤70%. |
| Variable | Investment · P&I | — | 70–80% LVR | 6.49% | 6.49% | Available for new RACQ Bank home loans with an eligible LVR between >70% to ≤80% only. |
| Variable | Investment · P&I | — | 80–90% LVR | 6.64% | 6.64% | Available for new RACQ Bank home loans with an eligible LVR between >80% to ≤90%. |
| Variable | Investment · P&I | — | >90.01% LVR | 6.84% | 6.84% | — |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Company / Trust - Borrower / Guarantor Party Fee Company Search and Review Fee | Event | $150 | — | Payable for each company or trust borrower / guarantor party on the loan. |
| Default Enforcement Expenses | Event | Varies | — | May apply if enforcement services are required as part of default administration. |
| Substitution of Mortgage Security | Event | $350 | — | Per property. |
| Valuation Fee | Event | Varies | — | The cost of the first valuation for a new security is covered by RACQ Bank. Any additional valuation required on an existing security will be payable by the member at cost. |
| Discharge Fee | Exit | $300 | — | Payable for standard partial or full discharges. Fee charged per property. |
§ 03 — Features
Extra repaymentsInstant paymentsDigital banking
- · split loan
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Resident
- · Available to individuals
- · Amount $20,000 to no maximum
§ 06 — Run the numbers
Put this product through a calculator
Published by RACQ Bank under the Consumer Data Right, last changed by them on 10 Sept 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.