RACQ Bank
Mortgage Breaker Investment Interest Only
Our Mortgage Breaker Investor interest only variable home loan gives you the flexibility to make unlimited additional repayments.
Home loansBank updated 10 Sept 2026
At a glance
- Max LVR
- 90%
- Features
- extra repayments
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInterest only term is available for up to 5 years | Investment · Interest only | — | — | 9.29% | 9.34% | — |
| Variable | Investment · Interest only | — | ≤60% LVR | 6.54% | 6.58% | Available for new RACQ Bank home loans with an eligible LVR of ≤60% Interest only term is available for up to 5 years. |
| Variable | Investment · Interest only | — | 60–70% LVR | 6.64% | 6.68% | Available for new RACQ Bank home loans with an eligible LVR between >60% to ≤70%. Interest only term is available for up to 5 years. " |
| Variable | Investment · Interest only | — | 70–80% LVR | 6.69% | 6.73% | Available for new RACQ Bank home loans with an eligible LVR between >70% to ≤80%. Interest only term is available for up to 5 years. |
| Variable | Investment · Interest only | — | 80–90% LVR | 6.84% | 6.88% | Available for new RACQ Bank home loans with an eligible LVR between >80% to ≤90%. Interest only term is available for up to 5 years. |
§ 02 — Fees · 7
| 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. |
| Loan Document Fee - Top Up | Event | $350 | — | Payable for a further advance against existing security. Valuation fee at cost. |
| 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. |
| Document Preparation and Settlement Fee | Upfront | $550 | — | Document Preparation and Settlement Fee includes the cost of title search, document preparation and settlement fees - document generation, distribution of documents, verification of returned document… |
§ 03 — Features
Extra repaymentsInstant paymentsDigital banking
- · split loan
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Must be an 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.