8.2 / 10

based on 701 reviews as rated by Mozo community

Beyond Bank home loans

Formerly a credit union trading under the name Community CPS Australia, Beyond Bank has been one of Australia’s fastest growing customer owned banks since 2013.

Right now, Beyond Bank provides personal and business banking services as well as financial planning advice to over 195,000 customers. Beyond Bank operates across almost 50 branches nationwide and customers enjoy access to over 3,000 rediATMs.

What home loans do Beyond Bank offer?

Rates and fees verified as correct at 21 January, 2021. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

With a fixed home loan from Beyond Bank, you can lock in your interest rate for a period of 1 year up to 5 years with a Fixed Home Loan from Beyond Bank. The fixed rate is available on home loans starting from $10,000 and Beyond Bank allows you to borrow up to 95% of the property’s value. There are plenty of flexible repayment options which will take the stress out of paying off your home loan including interest only payments of up 5 years, repayment holidays (subject to approval) and the ability to make additional repayments of up to $25,000 each year. You’ll also have the opportunity to save on your interest payments with the help of a 100% mortgage offset account when you choose to fix your rate for 1 year.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

3.14% p.a.

3.93% p.a.

$395.00 yearly

$0

3.04% p.a.

4.13% p.a.

$0.00

$645

3.24% p.a.

4.39% p.a.

$0.00

$645

Variable Rate Home Loans

Owner occupiers and investors can pick between two Beyond Bank variable home loans; a basic, no frills option on loans starting from $150,000 and a standard variable rate which is available for loans from $10,000. With a variable home loan from Beyond Bank, you can tailor your repayment options to suit your day to day finances via extra repayment flexibility, repayment holidays and your choice of a weekly, fortnightly or monthly repayment cycle. The basic option comes with a monthly service fee but if you’re a first home buyer, you won’t be charged an establishment fee. Beyond Bank’s standard variable option also has a number of competitive features including a 100% mortgage offset account and no monthly account keeping fees.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

2.54% p.a.

2.58% p.a.

$445

4.45% p.a.

4.50% p.a.

$0.00

$645

2.84% p.a.

2.88% p.a.

$445

4.74% p.a.

4.79% p.a.

$0.00

$645

Fixed Package Home Loan

There are two fixed home loan packages from Beyond Bank which you may be eligible to apply for depending on your loan balance. With the Pinnacle +Plus Package from Beyond Bank, you can choose a fixed term of 1 year up to a period of 5 years on loans starting from $200,000. The Pinnacle +Plus Package offers an above average level of flexible features including a redraw facility (fees apply), repayment holidays and an extra repayments facility (up to $25,000 p.a.). If you opt for a 1 year fixed term, you’ll also be able to make full use of an offset account. There are a number of additional benefits you may be eligible for when you sign up for this package in the form of waived transaction account fees, interest rate discounts on car and personal loans as well as bonus rates on term deposits. Suitable for loans starting from $50,000, Beyond Bank’s Fixed Rate Total Home Loan Package is also packed with flexible repayment features (i.e. extra repayments, redraw facility and an offset account) but there is a yearly service fee to consider.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

3.19% p.a.

4.13% p.a.

$0.00

$200

2.59% p.a.

3.79% p.a.

$395.00 yearly

$0

2.09% p.a.

3.66% p.a.

$395.00 yearly

$0

3.09% p.a.

4.33% p.a.

$0.00

$200

3.39% p.a.

4.62% p.a.

$0.00

$200

2.79% p.a.

4.04% p.a.

$395.00 yearly

$0

3.09% p.a.

4.34% p.a.

$395.00 yearly

$0

2.89% p.a.

4.28% p.a.

$395.00 yearly

$0

2.39% p.a.

3.94% p.a.

$395.00 yearly

$0

Variable Package Home Loan

The Standard Variable Home Loan Pinnacle +Plus Package from Beyond Bank is available on loans starting from $200,000 and allows you to borrow up to 95% of the property’s value. Principal and interest and interest only repayments are available as well as a bundle of other flexible features including an extra repayment facility and repayment holidays. There are no application or ongoing service fees when you sign up for Beyond Bank’s Standard Variable Package and you’ll have every opportunity to save money by taking advantage of the offset account and additional package benefits (i.e. waived transaction account fees, fee and interest rate discounts on car and personal loans and bonus rates on term deposits). Beyond Bank’s Variable Rate Total Home Loan Package is suited to homeowners with loans from $50,000. There is a yearly service fee to consider but you won’t miss out on heaps of competitive features like an offset account, an extra repayment facility and a free redraw facility.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

3.95% p.a.

3.97% p.a.

$0.00

$200

3.54% p.a.

3.56% p.a.

$0.00

$200

3.65% p.a.

4.06% p.a.

$395.00 yearly

$0

2.90% p.a.

3.32% p.a.

$395.00 yearly

$0

4.54% p.a.

4.56% p.a.

$0.00

$200

4.24% p.a.

4.26% p.a.

$0.00

$200

4.04% p.a.

4.06% p.a.

$0.00

$200

3.74% p.a.

3.76% p.a.

$0.00

$200

3.94% p.a.

4.34% p.a.

$395.00 yearly

$0

Line of Credit

Beyond Bank’s All in One Home Loan is a line of credit home loan that gives you access to the equity in your home for everything from investment opportunities to everyday expenses. This loan is available from $10,000 and allows you borrow up to 90% of your property’s value. Similar to other line of credit loans, there is no monthly service fee and no set principal repayments but interest payments on your outstanding balance is due monthly.

Product Rate Comparison Rate Service fee Upfront fee

4.60% p.a.

n/a

$0.00

$645

4.89% p.a.

n/a

$0.00

$645

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.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

Beyond Bank home loan features in a glance

Offset icon

Offset account

If the prospect of saving hundreds on interest over the term of your home loan sounds enticing to you then it’s a good idea to consider a home loan with a mortgage offset account such as the standard variable home loan or 1 year fixed rate option from Beyond Bank.

Image of coins

Parent Equity

Beyond Bank’s Parent Equity option allows you to use the equity that a family member has in their property as security on your loan.

Image of coins

3-month pre-approval

Beyond Bank can approve your fixed, variable or line of credit home loan up to three months in advance so you can begin your property search knowing exactly how much you can spend.

Rate icon

Interest only payments

Just because you’ve decided to lock in a fixed rate doesn’t mean you can’t take advantage of flexible repayment options. For instance, Beyond Bank’s Fixed Home Loan has interest only payment options for up to 5 years.

How are Beyond Bank home loans rated?

Mozo users have rated Beyond Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
Beyond Bank home loans
Overall
8.3/10
Price
Features
Customer service
Convenience
Trust

94 Reviews

Recent Beyond Bank home loan reviews

Beyond Bank Standard Variable Home Loan review
Overall 8/10
Helpful

Beyond Bank helped us refinance our home when a lot of other banks wouldn't take us, even when had accounts with them. So we are very grateful for their friendly and helpful service and trust in us.

Read full review

Beyond Bank helped us refinance our home when a lot of other banks wouldn't take us, even when had accounts with them. So we are very grateful for their friendly and helpful service and trust in us.

Price
5/10
Features
7/10
Customer service
9/10
Convenience
8/10
Trust
7/10
Less
Grace, New South Wales, reviewed 6 days ago
Beyond Bank Home Loan review
Overall 1/10
poor assistance

I have been with this bank for around 48 years and now that I'm out of work due to coronavirus. They told me that they can't assist me with my morgue repayments because i have a more than $2000 in the bank. It appears you have to be down and out before the will assist you (Good at taking terrible at helping.) Think again if you are thinking about using them.

Read full review

I have been with this bank for around 48 years and now that I'm out of work due to coronavirus. They told me that they can't assist me with my morgue repayments because i have a more than $2000 in the bank. It appears you have to be down and out before the will assist you (Good at taking terrible at helping.) Think again if you are thinking about using them.

Price
5/10
Features
5/10
Customer service
2/10
Convenience
1/10
Trust
0/10
Less
Unhappy, Northern Territory, reviewed 8 months ago
Beyond Bank All-In-One Home Loan review
Overall 10/10
Great service. Cares for the community & members!

A Community Bank that is actively involved in the community. It looks after members and has good products. Rewards staff for positive community involvement.

Read full review

A Community Bank that is actively involved in the community. It looks after members and has good products. Rewards staff for positive community involvement.

Price
10/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Brian, South Australia, reviewed 9 months ago
Beyond Bank Basic Variable Home Loan review
Overall 10/10
Great people doing wonders for our community.

Friendly staff; Community Rewards account helps my NFP community organisations; easy (guided) online banking and cards usage.

Read full review

Friendly staff; Community Rewards account helps my NFP community organisations; easy (guided) online banking and cards usage.

Price
10/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Edgar, New South Wales, reviewed about 1 year ago
Beyond Bank All-In-One Home Loan (Pinnacle +Plus) review
Overall 9/10
Very good.

Good experience.

Read full review

Good experience.

Price
7/10
Features
8/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Franxa, South Australia, reviewed about 1 year ago

What do you need to apply for a Beyond Bank home loan?

If you want to apply for a Beyond Bank home loan, you’ll need to complete an online application form. Before you get started, it’s a good idea to get the following information ready:

  • Your current place of residence
  • Your driver’s licence number
  • Your current employment details
  • Your income details such as any rental or government income, shares, superannuation etc.
  • Details of existing assets, liabilities and expenses you may have.

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