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%-90% | $150,000 | |
|
Owner Occupier | Principal & Interest | < 95% | ||
|
Owner Occupier | Interest Only | < 90% | ||
|
Investor | Principal & Interest | < 90% | ||
|
Investor | Interest Only | < 80% | ||
|
Investor | Principal & Interest | < 90% | $150,000 | |
|
Investor | Interest Only | < 80% | $150,000 |
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. Owner occupiers will be able to grab a 2-year fixed rate of just 5.89% p.a. (6.41% p.a. comparison rate*), and can make extra repayments of up to $5,000 per year without incurring any penalties.
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. Fixed rates start from as low as 5.89% p.a. (5.41% p.a. comparison rate*) on 2-year fixed terms for owner occupiers with at least a 20% deposit.
You'll also be able to make additional repayments of up to $5,000 annually without penalty. Just keep in mind 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, a $10 monthly service fee and $450 in upfront fees to budget for.
As with most fixed rate home loans, the BOQ fixed home loan could be a good option if you want to lock in a competitive 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.
Be aware that there are a number of different fees to watch out for, such as the $300 application fee, $150 settlement fee, $10 monthly service fee and a $350 discharge fee.
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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5.89% (6.44%*) |
|
5.89% (6.39%*) |
|
5.99% (6.39%*) |
|
6.09% (6.40%*) |
|
n/a |
|
n/a |
|
6.39% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
$150,000 |
|
none |
|
80.00% |
|
90.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $5,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
none |
|
$3,000 refinance cashback, min $250,000, 80% LVR or less. Apply by 8th September 2023, settle within 120 days of the loan application date. |
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.
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
|
6.24% (6.50%*) |
|
6.24% (6.49%*) |
|
6.34% (6.52%*) |
|
6.44% (6.56%*) |
|
n/a |
|
n/a |
|
6.39% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
none |
|
none |
|
none |
|
95.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $10,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
100% offset account available on 1 year fixed rate loan. |
|
$2,000 refinance cashback, min $250,000, 80% LVR or less. Apply from 8th September 2023, settle within 120 days of the loan application date. |
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.
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
|
7.09% (6.67%*) |
|
7.59% (6.88%*) |
|
7.69% (7.02%*) |
|
7.84% (7.19%*) |
|
n/a |
|
n/a |
|
6.39% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
none |
|
none |
|
none |
|
90.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $10,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
100% offset account available on 1 year fixed rate loan. |
|
$2,000 refinance cashback, min $250,000, 80% LVR or less. Apply from 8th September 2023, settle within 120 days of the loan application date. |
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.
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
|
6.29% (6.67%*) |
|
6.29% (6.65%*) |
|
6.49% (6.70%*) |
|
6.59% (6.73%*) |
|
n/a |
|
n/a |
|
6.59% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
none |
|
none |
|
none |
|
90.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $10,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
100% offset account available on 1 year fixed rate loan. |
|
$2,000 refinance cashback, min $250,000, 80% LVR or less. Apply from 8th September 2023, settle within 120 days of the loan application date. |
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.
n/a |
|
n/a |
|
n/a |
|
n/a |
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n/a |
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6.44% (6.70%*) |
|
6.44% (6.69%*) |
|
6.29% (6.62%*) |
|
6.74% (6.80%*) |
|
n/a |
|
n/a |
|
6.59% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
none |
|
none |
|
none |
|
80.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $10,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
100% offset account available on 1 year fixed rate loan. |
|
$2,000 refinance cashback, min $250,000, 80% LVR or less. Apply from 8th September 2023, settle within 120 days of the loan application date. |
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.
n/a |
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n/a |
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n/a |
|
n/a |
|
n/a |
|
5.94% (6.60%*) |
|
5.94% (6.55%*) |
|
6.14% (6.57%*) |
|
6.24% (6.58%*) |
|
n/a |
|
n/a |
|
6.59% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
$150,000 |
|
none |
|
none |
|
90.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $10,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
none |
|
$2,000 refinance cashback, min $250,000, 80% LVR or less. Apply from 8th September 2023, settle within 120 days of the loan application date. |
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.
n/a |
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n/a |
|
n/a |
|
n/a |
|
n/a |
|
6.09% (6.63%*) |
|
6.09% (6.59%*) |
|
n/a |
|
6.39% (6.65%*) |
|
n/a |
|
n/a |
|
6.59% p.a. |
$300.00 |
|
$0.00 |
|
$0.00 |
|
$150.00 |
|
n/a |
|
$10.00 monthly |
|
$350.00 |
$150,000 |
|
none |
|
none |
|
80.00% |
Weekly, Fortnightly, Monthly |
|
yes - free up to $10,000 p.a |
|
no |
|
no |
|
none |
|
yes |
|
no |
|
none |
|
none |
|
$2,000 refinance cashback, min $250,000, 80% LVR or less. Apply from 8th September 2023, settle within 120 days of the loan application date. |
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.
don’t trust this bank and there branch managers all they did to us was lie and treat us like second rate citizens. steer clear And try to go somewhere else.
Read full reviewdon’t trust this bank and there branch managers all they did to us was lie and treat us like second rate citizens. steer clear And try to go somewhere else.
From the first phone call to settlement was a breeze. Great customer service, advice and options to suite my needs in refinancing my home loan. They staff are great and really listened to me and my circumstances. I’ve ended up better off than ever before. Definitely highly recommend and seeing myself as a long term customer.
Read full reviewFrom the first phone call to settlement was a breeze. Great customer service, advice and options to suite my needs in refinancing my home loan. They staff are great and really listened to me and my circumstances. I’ve ended up better off than ever before. Definitely highly recommend and seeing myself as a long term customer.
BOQ Moreyfield Qld was excellent in what they could offer in mortgage rates. They went out of their way to be of assistance. Nothing was too much of a problem and I couldn’t recommend them enough.
Read full reviewBOQ Moreyfield Qld was excellent in what they could offer in mortgage rates. They went out of their way to be of assistance. Nothing was too much of a problem and I couldn’t recommend them enough.
Have asked a number of times for my loan to be reviewed and never had any further contact from the bank. Yes they helped me with my initial loan but have been no help since.
Read full reviewHave asked a number of times for my loan to be reviewed and never had any further contact from the bank. Yes they helped me with my initial loan but have been no help since.
Spent months back and forth,ridiculous paperwork requests. Rates ,charges ect. changed on every contact. Could not answer any questions. Requested business structure changes. No idea of what they required. Time wasters with no results. Avoid this bank. If they can't organise a applicant,god help you if they have your mortgage
Read full reviewSpent months back and forth,ridiculous paperwork requests. Rates ,charges ect. changed on every contact. Could not answer any questions. Requested business structure changes. No idea of what they required. Time wasters with no results. Avoid this bank. If they can't organise a applicant,god help you if they have your mortgage
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Mortgage Simplifier
6.14% p.a. variable
6.17% p.a.
Flex Home Loan
6.24% p.a. variable
6.48% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
SMSF Home Loan (Variable)
6.99% p.a. variable
7.00% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
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.