Beyond Bank Low Rate Special Variable Home Loan

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 of at least $150,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $2,000,000 with an LVR below 90%

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

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $150,000 $2,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000

3.79% p.a.

3.79% p.a.

$0.00

Beyond Bank Low Rate Special Variable Home Loan

3.79% p.a.

3.79% p.a.

$0.00

4.35% p.a.

4.36% p.a.

$0.00

Beyond Bank Low Rate Special Variable Home Loan

4.35% p.a.

4.36% p.a.

$0.00

4.55% p.a.

4.56% p.a.

$0.00

Beyond Bank Low Rate Special Variable Home Loan

4.55% p.a.

4.56% p.a.

$0.00

4.85% p.a.

4.86% p.a.

$0.00

Beyond Bank Low Rate Special Variable Home Loan

4.85% p.a.

4.86% p.a.

$0.00

Mozo Review   Beyond Bank Low Rate Special Variable Home Loan Review

Last updated: 31 August 2018.

What's hot:
  • Variable rates starting from 3.79% (3.79% comparison rate)

  • No ongoing fees

  • Free extra repayments and redraw facility

What's not:
  • $350 discharge fee

Mozo snapshot:

Beyond Bank goes beyond the norm with its Special Rate Variable Home Loan that offers enticing variable rates from 3.79% (3.79% comparison rate). There are no upfront or ongoing fees and plenty of flexible features like their free extra repayments and redraw facility that can help you pay off your loan earlier. However, ending the loan either by refinancing or paying it off will come with a $350 discharge fee.

Key features:

The Beyond Bank Low Rate Special Variable Home Loan has principal and interest options for both owner occupiers and investors. On top of this, investors will also be able to get an interest only home loan.

If you borrow up to 80% of the property's value for a loan between $150,000-$2,000,000, you may be eligible for Beyond Bank's super low 3.79% variable interest rate (3.79% comparison rate) on its Special Rate Variable Home Loan. The special rate is available to first home buyers and owner occupiers that make principal and interest repayments. 

With the Special Rate Variable Home Loan you'll receive a great range of features, including a 100% offset account, extra repayments and a redraw facility (min $500 redraw). 

And what makes the Special Rate Variable Home Loan a true winner is the lack of fees, as there's ongoing fees, no upfront fees and no valuation fee. Just make sure you budget for the $350 discharge fee that you'll have to pay at the end of the home loan period.

Tech-savvy? Then apply online and Beyond Bank promises a quick response within 2 hours (between 7am to 10pm weekdays and 9am to 10pm on weekends).

Who it's good for:

Owner occupiers looking for a special low variable rate of 3.79% (3.79 comparison rate) with no upfront or ongoing fees, free online redraw, free offset account and unlimited additional repayments.

Any catches?

Keep in mind, the special rate of 3.73% is only available for owner occupier, principal and interest loans up to 80% LVR. Owner occupier, principal and interest loans with LVR's between 80% and 90% come with a 4.35% interest rate (4.36 comparison rate).

Details

Rates and fees information correct as at 19 December 2018. 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
  • 3.79% p.a.

  • n/a

  • 0 Months

  • none

  • 3.79% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • no

  • yes

  • 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 19 December 2018. 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
  • 4.35% p.a.

  • n/a

  • 0 Months

  • none

  • 4.36% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • no

  • yes

  • 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 19 December 2018. 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
  • 4.55% p.a.

  • n/a

  • 0 Months

  • none

  • 4.56% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • $2,000,000

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 December 2018. 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
  • 4.85% p.a.

  • n/a

  • 0 Months

  • none

  • 4.86% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $350.00

Other financial bits
  • $150,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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.

Customer Reviews

How are Beyond Bank home loans rated by the Mozo community?

Overall customer rating
8.4/10
Price
8.2/10
Features
7.5/10
Customer service
8.8/10
Convenience
8.3/10
Trust
8.6/10

Latest reviews of Beyond Bank Low Rate Special Variable Home Loan

  • Overall
    8/10
    Tailored to your needs, Honest and competitive

    Great people. Always ready to listen.

    Great people. Always ready to listen.

    Price
    8/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    6/10
    Trust
    7/10

    Victoria | New South Wales

    reviewed over 2 years ago

  • Overall
    10/10
    Pleasing

    Always nice & helpful.

    Always nice & helpful.

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

    Michelle | New South Wales

    reviewed over 3 years ago

  • Overall
    0/10
    You will receive an initial response within 2hours

    "You will receive an initial response within 2 hours" and the summary of application states that...

    "You will receive an initial response within 2 hours" and the summary of application states that will receive response in 2 days. Are these true? Of course not. If you can't do it, don't print it on website. You're running business, not jokes. Maybe the lending reps are too busy? 10 days since I lodged special home loan rate 4.59% application online, no one contacted me about the status of application. Well, I cancelled the application.

    Price
    8/10
    Features
    7/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10

    Howard | Victoria

    reviewed almost 4 years ago

  • Overall
    10/10
    Great customer service and great rates too

    Beyond Banks is beyond helpful - they are almost like friends!

    Beyond Banks is beyond helpful - they are almost like friends!

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

    Elizabeth | South Australia

    reviewed over 4 years ago

  • Overall
    9/10
    Rates good and staff pleasant

    Flexible and easy to understand. Staff friendly and efficient

    Flexible and easy to understand. Staff friendly and efficient

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

    Greg | South Australia

    reviewed over 6 years ago

Beyond Bank

About Beyond Bank

Beyond Bank, formerly Community CPS, is one of Australia's largest customer owned banks. Based in South Australia, Beyond Bank operates more than 46 branches across the country. Beyond Bank offers a wide range of banking and financial products including home loans, credit cards, savings accounts, term deposits, bank and and business accounts, and personal loans. The winning combination of great products and local service has helped Beyond Bank win many industry awards, including Best Credit Union in the Mozo People's Choice Awards 2012.

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*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.