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
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 80% | $300,000 | |
| | Owner Occupier | Principal & Interest | < 80% | $150,000 | |
| | Owner Occupier | Principal & Interest | < 95% | ||
| | Owner Occupier | Interest Only | < 70% | ||
| | Investor | Principal & Interest | < 80% | $150,000 | |
| | Investor | Interest Only | < 80% | $150,000 | |
| | Investor | Principal & Interest | < 90% | ||
| | Investor | Interest Only | < 80% |
-
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.
3.72% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
2.99% p.a.
3.72% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
2.99% p.a.
3.72% p.a.
$10.00 monthly
3.19% p.a.
3.77% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
3.19% p.a.
3.77% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
3.19% p.a.
3.77% p.a.
$10.00 monthly
4.09% p.a.
4.00% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.09% p.a.
4.00% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.09% p.a.
4.00% p.a.
$10.00 monthly
4.19% p.a.
4.03% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.19% p.a.
4.03% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.19% p.a.
4.03% p.a.
$10.00 monthly
3.49% p.a.
4.04% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
3.49% p.a.
4.04% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
3.49% p.a.
4.04% p.a.
$10.00 monthly
3.59% p.a.
4.06% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
3.59% p.a.
4.06% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
3.59% p.a.
4.06% p.a.
$10.00 monthly
4.19% p.a.
4.22% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.19% p.a.
4.22% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.19% p.a.
4.22% p.a.
$10.00 monthly
4.29% p.a.
4.25% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.29% p.a.
4.25% p.a.
$10.00 monthly
Bank of Queensland Fixed Rate
4.29% p.a.
4.25% p.a.
$10.00 monthly
Mozo Review Bank of Queensland Fixed Rate Review
Last updated: 25 October 2019.
What's hot:
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.
Key features:
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% (3.72% 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 14 November 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
-
3.09% (3.80%*)
-
2.99% (3.72%*)
-
n/a
-
3.39% (3.77%*)
-
n/a
-
n/a
-
3.76% 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
-
none
Details
Rates and fees information correct as at 14 November 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
-
3.29% (3.83%*)
-
3.19% (3.77%*)
-
n/a
-
3.49% (3.81%*)
-
n/a
-
n/a
-
3.76% 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
-
none
Details
Rates and fees information correct as at 14 November 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% (3.95%*)
-
3.74% (3.91%*)
-
4.09% (4.00%*)
-
3.89% (3.96%*)
-
3.89% (3.97%*)
-
n/a
-
n/a
-
3.76% 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.
-
none
Details
Rates and fees information correct as at 14 November 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% (3.96%*)
-
3.84% (3.93%*)
-
4.19% (4.03%*)
-
4.09% (4.03%*)
-
4.09% (4.05%*)
-
n/a
-
n/a
-
3.76% 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.
-
none
Details
Rates and fees information correct as at 14 November 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
-
3.44% (4.07%*)
-
3.49% (4.04%*)
-
n/a
-
3.59% (4.00%*)
-
n/a
-
n/a
-
4.02% 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
-
none
Details
Rates and fees information correct as at 14 November 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
-
3.59% (4.06%*)
-
n/a
-
3.69% (4.04%*)
-
n/a
-
n/a
-
4.02% 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
-
none
Details
Rates and fees information correct as at 14 November 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% (4.19%*)
-
3.84% (4.14%*)
-
4.19% (4.22%*)
-
4.09% (4.20%*)
-
4.09% (4.20%*)
-
n/a
-
n/a
-
4.02% 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.
-
none
Details
Rates and fees information correct as at 14 November 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% (4.20%*)
-
3.84% (4.14%*)
-
4.29% (4.25%*)
-
4.19% (4.23%*)
-
4.19% (4.25%*)
-
n/a
-
n/a
-
4.02% 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.
-
none
Customer Reviews
How are Bank of Queensland home loans rated by the Mozo community?
Latest reviews of Bank of Queensland Fixed Rate
- Overall7/10
Friendly staff
Quick service
Read full review
Quick service
Price5/10Features5/10Customer service8/10Convenience8/10Trust8/10Less
Danijela | New South Wales
reviewed almost 2 years ago
- Overall10/10
Local bank
Like the location, opening times and friendly staff.
Read full review
Like the location, opening times and friendly staff.
Price10/10Features10/10Customer service10/10Convenience10/10Trust10/10Less
Christine | Queensland
reviewed almost 2 years ago
- Overall6/10
Average
Interest rates below average
Read full review
Interest rates below average
Price4/10Features6/10Customer service7/10Convenience7/10Trust6/10Less
Dan | Queensland
reviewed over 3 years ago
- Overall10/10
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...
Read full review
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.
Price8/10Features9/10Customer service10/10Convenience10/10Trust10/10Less
Leah | New South Wales
reviewed almost 4 years ago
- Overall4/10
Average
Customer service has been terrible. Have the same problem sorted 4 times as they don't fix it...
Read full review
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 .
Price4/10Features4/10Customer service2/10Convenience3/10Trust6/10Less
Stuart | Queensland
reviewed about 4 years ago
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.
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