Advertisement

RACQ Bank home loans

RACQ Bank
RACQ Bank's overall rating for home loans

(as rated by the Mozo community)

8.5 / 10

based on 2 reviews

The 2019 Mozo Experts Choice Award winner RACQ Bank offers a range of home loan packages for different needs. Check out our range of home loans for an overview of interest rates, fees and more. Or you can compare with our home loan comparison tools.

Rates and fees verified as correct at 18 November, 2019. Other information correct at the time of writing.

What home loans do RACQ Bank offer?

Fixed Rate Home Loans Fixed Rate Home Loans

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

3.10% p.a.

4.51% p.a.

$0.00

$600

2.90% p.a.

4.13% p.a.

$0.00

$600


Hide

Variable Rate Home Loans Variable Rate Home Loans

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.96% p.a.

5.00% p.a.

$0.00

$600

4.50% p.a.

4.54% p.a.

$0.00

$600

3.34% p.a.

3.38% p.a.

$0.00

$600

3.34% p.a.

3.38% p.a.

$0.00

$600

3.24% p.a.

3.28% p.a.

$0.00

$600

3.04% p.a.

3.04% p.a.

$0.00

$0


Hide

Fixed Package Home Loan Fixed Package Home Loan

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

3.00% p.a.

4.54% p.a.

$395.00 yearly

$0

3.00% p.a.

4.26% p.a.

$395.00 yearly

$0

3.00% p.a.

4.19% p.a.

$395.00 yearly

$0

2.80% p.a.

4.16% p.a.

$395.00 yearly

$0

2.80% p.a.

3.88% p.a.

$395.00 yearly

$0

2.80% p.a.

3.81% p.a.

$395.00 yearly

$0


Hide

Variable Package Home Loan Variable Package Home Loan

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.56% p.a.

4.95% p.a.

$395.00 yearly

$0

4.16% p.a.

4.56% p.a.

$395.00 yearly

$0

4.06% p.a.

4.46% p.a.

$395.00 yearly

$0

4.10% p.a.

4.50% p.a.

$395.00 yearly

$0

3.70% p.a.

4.11% p.a.

$395.00 yearly

$0

3.60% p.a.

4.01% p.a.

$395.00 yearly

$0


Hide

*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.

How are RACQ Bank home loans rated?

RACQ Bank home loans

Overall 8.5

Price

Features

Customer service

Convenience

Trust

2 Reviews

Recent RACQ Bank home loan reviews Recent RACQ Bank home loan reviews

RACQ Bank

RACQ Bank Fixed Rate review

Overall rating   8 / 10

Great customer service and competitive rates.

I like the fact that there is a local branch nearby which I am able to access, allowing me to deal with people in person. Have also found their telephone banking service to be very good.

Full review

I like the fact that there is a local branch nearby which I am able to access, allowing me to deal with people in person. Have also found their telephone banking service to be very good.

    Price   8 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Debie, Queensland, reviewed 4 days ago

RACQ Bank

RACQ Bank Mortgage Saver Special review

Overall rating   9 / 10

Overall very good.

Simple, easy and affordable.

Full review

Simple, easy and affordable.

    Price   8 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Nathanael, Queensland, reviewed 19 days ago

Hide reviews

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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

  • Personal details for each applicant (if necessary)
  • Contact details including a valid email address
  • Proof of salary (i.e. payslips) and evidence of other income including government payments and rental income
  • Statements for any liabilities including credit cards or other existing loans
  • A copy of your council rates notice
  • A copy of your driver's licence or passport
  • Home loan statements (if you’re refinancing)
Hide

More helpful home loan quick links

 
Advertisement