Bank of Queensland Fixed Rate

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan of at least $300,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan up to with an LVR below 70%

The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 90%

The details shown below are for an investor taking out a interest only loan up to with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $300,000

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan:

  • Owner Occupier (Interest Only)

    LVR < 70%

    Loan:

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan:

  • Investor (Interest Only)

    LVR < 80%

    Loan:

2.99% p.a.

4.19% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

2.99% p.a.

4.19% p.a.

$10.00 monthly

3.19% p.a.

4.25% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

3.19% p.a.

4.25% p.a.

$10.00 monthly

4.09% p.a.

4.48% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

4.09% p.a.

4.48% p.a.

$10.00 monthly

4.39% p.a.

4.95% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

4.39% p.a.

4.95% p.a.

$10.00 monthly

3.69% p.a.

4.89% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

3.69% p.a.

4.89% p.a.

$10.00 monthly

3.79% p.a.

4.91% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

3.79% p.a.

4.91% p.a.

$10.00 monthly

4.39% p.a.

5.07% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

4.39% p.a.

5.07% p.a.

$10.00 monthly

4.49% p.a.

5.39% p.a.

$10.00 monthly

Bank of Queensland Fixed Rate

4.49% p.a.

5.39% p.a.

$10.00 monthly

Mozo Review   Bank of Queensland Fixed Rate Review

Last updated: 3 July 2019.

What's hot:
  • $1,000 cashback for first home buyers (apply by 30 July 2019)

  • Borrow with as little as 5% deposit (owner occupiers)

  • Make up to $5,000 in extra repayments annually without penalty

What's not:
  • $10 monthly service fee

  • Loan reverts to higher rate after fixed period

Mozo snapshot:

If you’re looking to purchase a new home or investment property and want the certainty of repayment for a set length of time, the BOQ fixed rate home loan has some great options across its loan terms. For owner occupiers you can borrow with as little as 5% deposit, and a 10% deposit if you’re after a loan for an investment. You can choose between 1 - 5 year fixed terms and repay the loan on a weekly, fortnightly or monthly basis, whatever suits you best. Plus, first home buyers who apply by 30 July 2019, can now score $1,000 cashback!

Key features:

Let's start with the really good news: if you're a first home buyer and apply for a BOQ faxed rate home loan by 30 July 2019, you can score a cool $1,000 cashback. That will be handy when you're hitting Ikea to fit out your brand new pad!

The interest rates of the BOQ fixed rate loan are scaled depending on a number of factors: the loan term, deposit amount and whether the loan is for an investment or for a home to live in. With the Bank of Queensland, their lowest fixed rates start from 2.99% (4.19% comparison rate*) for a 3 year fixed term, although keep in mind you'll need at least a 20% deposit to score that rate.

With the Bank of Queensland Discounted Fixed Rate Home Loan, you can make additional repayments of up to $5,000 annually without penalty. Just be aware that you won’t be able to draw down on any additional repayments as the loan doesn’t have a redraw facility. There is an offset available on the 1 year fixed term for personal customers only.

There is a minimum loan amount of $150,000 and a $10 monthly service fee.

Who it's good for:

As with most fixed rate home loans, the BOQ fixed home loan is a good option if you want to lock in a rate and know what your repayments will be month on month. There is also the option to split the loan into a fixed and variable portion if this suits your budget.

Any catches?

Just be aware that the loan revert rate is higher so make sure that you compare home loans and shop around for the best deal before the fixed rate term comes to an end.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (4.19%*)

  • n/a

  • n/a

  • n/a

  • n/a

  • 4.41% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • $300,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 3.64% (4.49%*)

  • 3.44% (4.39%*)

  • 3.19% (4.25%*)

  • n/a

  • 3.99% (4.39%*)

  • n/a

  • n/a

  • 4.41% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • $150,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 4.09% (4.53%*)

  • 4.19% (4.52%*)

  • 4.09% (4.48%*)

  • 4.39% (4.56%*)

  • 4.49% (4.60%*)

  • n/a

  • n/a

  • 4.41% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • none

  • none

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • 100% offset account available on 1 year fixed rate loan.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 4.19% (5.03%*)

  • 4.29% (4.98%*)

  • 4.39% (4.95%*)

  • 4.49% (4.94%*)

  • 4.59% (4.95%*)

  • n/a

  • n/a

  • 4.95% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • none

  • none

  • none

  • 70.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • 100% offset account available on 1 year fixed rate loan.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.74% (5.01%*)

  • 3.69% (4.89%*)

  • n/a

  • 4.09% (4.84%*)

  • n/a

  • n/a

  • 5.12% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • $150,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.79% (4.91%*)

  • n/a

  • 4.19% (4.88%*)

  • n/a

  • n/a

  • 5.12% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • $150,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 4.19% (5.18%*)

  • 4.29% (5.11%*)

  • 4.39% (5.07%*)

  • 4.49% (5.05%*)

  • 4.59% (5.05%*)

  • n/a

  • n/a

  • 5.12% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • none

  • none

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • 100% offset account available on 1 year fixed rate loan.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 4.29% (5.55%*)

  • 4.39% (5.45%*)

  • 4.49% (5.39%*)

  • 4.59% (5.34%*)

  • 4.69% (5.32%*)

  • n/a

  • n/a

  • 5.52% p.a.

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $10.00 monthly

  • $320.00

Other financial bits
  • none

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $5,000 p.a

  • no

  • no

  • none

  • yes

  • no

  • none

  • 100% offset account available on 1 year fixed rate loan.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are Bank of Queensland home loans rated by the Mozo community?

Overall customer rating
7.6/10
Price
7.2/10
Features
6.8/10
Customer service
7.9/10
Convenience
7.8/10
Trust
7.7/10

Latest reviews of Bank of Queensland Fixed Rate

  • Overall
    7/10
    Friendly staff

    Quick service

    Quick service

    Price
    5/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10

    Danijela | New South Wales

    reviewed over 1 year ago

  • Overall
    10/10
    Local bank

    Like the location, opening times and friendly staff.

    Like the location, opening times and friendly staff.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Christine | Queensland

    reviewed over 1 year ago

  • Overall
    6/10
    Average

    Interest rates below average

    Interest rates below average

    Price
    4/10
    Features
    6/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    6/10

    Dan | Queensland

    reviewed about 3 years ago

  • Overall
    10/10
    Fantastic service and friendly reliable advice.

    Same as before. I wouldn't want to change from BOQ because they give me what I want and advise me...

    Same as before. I wouldn't want to change from BOQ because they give me what I want and advise me in a very positive way.

    Price
    8/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Leah | New South Wales

    reviewed over 3 years ago

  • Overall
    4/10
    Average

    Customer service has been terrible. Have the same problem sorted 4 times as they don't fix it...

    Customer service has been terrible. Have the same problem sorted 4 times as they don't fix it properly and next month they're calling about the same issue .

    Price
    4/10
    Features
    4/10
    Customer service
    2/10
    Convenience
    3/10
    Trust
    6/10

    Stuart | Queensland

    reviewed almost 4 years ago

Bank of Queensland

About Bank of Queensland

Bank of Queensland is Australia's fastest growing retail bank, and has come a long way from its origins as a regional Queensland bank. BOQ today boasts a wide array of banking services and 200 branches around Australia. Bank of Queensland aims to give you greater control over the management of your finances and offers everyday banking products including credit cards, home loans, term deposits, savings accounts and bank accounts.

See Bank of Queensland home loans

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.03% p.a. variable

3.05% p.a.

$520

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.34% p.a. variable

3.34% p.a.

$0

Promoted

ME

ME

Flexible Home Loan (Fixed, Member Package)

3.58% p.a.
fixed 3 years

4.26% p.a.

$200

Promoted

Athena

Athena

Variable Home Loan

3.09% p.a. variable

3.05% p.a.

$0

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

2.99% p.a.
fixed 3 years

4.19% p.a.

$450

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

3.49% p.a. variable

3.49% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a. variable

3.48% p.a.

$150

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.51% p.a. variable

3.52% p.a.

$0

Promoted

Athena

Athena

Variable Home Loan

3.09% p.a.

3.05% p.a.

$0

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.34% p.a.

3.34% p.a.

$0

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.99% p.a.

2.99% p.a.

$0

Promoted

Tic:Toc

Tic:Toc

Variable Home Loan

3.07% p.a.

3.08% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a.

3.48% p.a.

$150

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.03% p.a.

3.05% p.a.

$520

Promoted

Bank of Queensland

Bank of Queensland

2 Year Intro Rate Variable Home Loan

3.54% p.a.variable for 24 months and then 4.01% p.a.

4.06% p.a.

$150

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.51% p.a.

3.52% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

$395

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

2.99% p.a.
fixed 3 years

4.19% p.a.

$450

Promoted

loans.com.au

loans.com.au

Fixed Home Loan

3.19% p.a.
fixed 3 years

3.43% p.a.

$520

Promoted

ME

ME

Flexible Home Loan (Fixed, Member Package)

3.58% p.a.
fixed 3 years

4.26% p.a.

$200

Promoted

Tic:Toc

Tic:Toc

Fixed Home Loan

n/a

n/a

$0

Promoted

Bank Australia

Bank Australia

Basic Home Loan (Fixed)

3.64% p.a.
fixed 3 years

3.74% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.24% p.a.
fixed 3 years

3.70% p.a.

$395

Promoted

loans.com.au

loans.com.au

Smart Loan Fixed (Package)

3.19% p.a.
fixed 3 years

3.63% p.a.

$520

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.