RACQ Bank
2 Year Fixed Home Loan Investment Interest Only
Our fixed rate home loans provide security of fixed repayments and allows for additional repayments up to $10,000 per annum.
Home loansBank updated 10 Sept 2026
At a glance
- Max LVR
- 90%
- Features
- extra repayments
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedInterest only term is available for up to 5 years | Investment · Interest only | 2 yrs fixed | ≤90% LVR | 6.94% | 7.06% | — |
§ 02 — Fees · 10
| 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. |
| Early Termination Fee | Event | Varies | — | Payable if you repay your loan or change to a variable interest rate during the fixed rate period. Applicable to fixed term loans only. Interest differential as defined in the loan contract plus a $2… |
| Home Loan Fixed Rate Lock Fee | Event | $500 | — | If you elect to lock your fixed interest rate for a period of 90 days from the date you return your Home Loan Fixed Rate Lock Request. Available for new lending applications only. |
| Loan Document Fee - Top Up | Event | Varies | — | 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. |
| Default Enforcement Expenses | Other | Varies | — | May apply if enforcement services are required as part of default administration. |
| Early Payment Fee | Other | Varies | — | Payable if you make extra repayments that exceed $10,000 per annum during any fixed period. Applicable to fixed term loans only. Interest differential as defined in the loan contract is payable. |
| 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
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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.