RACQ Bank home loans

3.8
Based on 8 RACQ Bank home loan product reviews.
Fact Checked

Launched in 2017, RACQ Bank is the banking arm of the Royal Automobile Club of Queensland (RACQ). As a member owned bank, RACQ Bank pledges to put its people before profits, which means creating competitive products for its members to use - including home loans.  

Last updated 12 April 2025 Important disclosures and comparison rate warning*
What are your home loan needs?
Loan purpose
Buying or Refinancing
  • Fixed Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 10% min deposit
    Interest rate
    5.49 % p.a.
    Fixed 3 years
    Comparison rate
    6.07 % p.a.
    Initial monthly repayment
    $2,836
    No Partner link
  • Fair Dinkum Home Loan

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    Interest rate
    5.64 % p.a.
    Variable
    Comparison rate
    5.65 % p.a.
    Initial monthly repayment
    $2,883
    No Partner link
  • Fixed Home Loan

    • Fixed rate
    • Investor
    • Principal & Interest
    • Interest only
    • 10% min deposit
    Interest rate
    5.69 % p.a.
    Fixed 3 years
    Comparison rate
    6.34 % p.a.
    Initial monthly repayment
    $2,899
    No Partner link
  • Fair Dinkum Home Loan

    • Owner occupier
    • Principal & Interest
    • 30% min deposit
    Interest rate
    5.74 % p.a.
    Variable
    Comparison rate
    5.74 % p.a.
    Initial monthly repayment
    $2,915
    No Partner link
  • Mortgage Saver Special

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    • Redraw available
    Interest rate
    5.74 % p.a.
    Variable
    Comparison rate
    5.78 % p.a.
    Initial monthly repayment
    $2,915
    No Partner link
  • Fair Dinkum Home Loan

    • Investor
    • Principal & Interest
    • 40% min deposit
    Interest rate
    5.84 % p.a.
    Variable
    Comparison rate
    5.84 % p.a.
    Initial monthly repayment
    $2,947
    No Partner link
  • Mortgage Breaker Special

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.84 % p.a.
    Variable
    Comparison rate
    5.88 % p.a.
    Initial monthly repayment
    $2,947
    No Partner link
  • Fair Dinkum Home Loan

    • Investor
    • Principal & Interest
    • 30% min deposit
    Interest rate
    5.94 % p.a.
    Variable
    Comparison rate
    5.94 % p.a.
    Initial monthly repayment
    $2,978
    No Partner link
  • Mortgage Breaker Special

    • Owner occupier
    • Principal & Interest
    • 30% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.94 % p.a.
    Variable
    Comparison rate
    5.98 % p.a.
    Initial monthly repayment
    $2,978
    No Partner link
  • Mortgage Breaker Investor Special

    • Investor
    • Principal & Interest
    • Interest only
    • 40% min deposit
    • Offset available
    Interest rate
    6.04 % p.a.
    Variable
    Comparison rate
    6.08 % p.a.
    Initial monthly repayment
    $3,011
    No Partner link

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RACQ Bank home loan ratings

Overall customer rating for RACQ Bank home loans

3.8
Based on 8 product reviews.

Customer reviews

Important disclosures

RACQ Bank products

Home loan quick links


* 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.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

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