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RACQ Bank Fixed Rate

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000
The details shown below are for an investor taking out a principal & interest, interest only loan of at least $20,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest, interest only loan of at least $20,000

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% $20,000
Owner Occupier Principal & Interest 90%-% $20,000
Investor Principal & Interest, Interest Only 80%-90% $20,000
Investor Principal & Interest, Interest Only 90%-% $20,000
  • Owner Occupier (Principal & Interest)
    LVR 80%-90%
    Loan: $20,000
  • Owner Occupier (Principal & Interest)
    LVR 90%-%
    Loan: $20,000
  • Investor (Principal & Interest, Interest Only)
    LVR 80%-90%
    Loan: $20,000
  • Investor (Principal & Interest, Interest Only)
    LVR 90%-%
    Loan: $20,000
Fixed 3 year rate
5.49% p.a.
Comparison Rate
6.21% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
5.99% p.a.
Comparison Rate
6.35% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
5.69% p.a.
Comparison Rate
6.48% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.19% p.a.
Comparison Rate
6.62% p.a.
Service fee
$0.00
Upfront fee
$0

Details

Rates and fees information correct as at 8 October 2024. 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

n/a

n/a

n/a

n/a

5.79% (6.42%*)

5.79% (6.35%*)

5.49% (6.21%*)

n/a

5.59% (6.10%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$0.00

n/a

n/a

n/a

$0.00

$165.00

Other financial bits

$20,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - up to $10,000 p.a.

no

no

none

yes

no

Extra repayments free up to $10,000 p.a during fixed rate period. Application fee includes valuation fee up to $300.

Eligible members get 0.10% p.a. off any eligible home loan. Receive 15% off Home & Contents Insurance for the life of the loan. RACQ members with a home loan of $250k+ can receive 2.79% p.a. green loan. 40 year loan terms available for First Home Buyers.

Application fees waived (usually $900) on new home loans with RACQ Bank that are approved by 5pm, 31 October 2024 and funded no later than 29 January 2025.

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 8 October 2024. 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

n/a

n/a

n/a

n/a

6.29% (6.47%*)

6.29% (6.45%*)

5.99% (6.35%*)

n/a

6.09% (6.32%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$0.00

n/a

n/a

n/a

$0.00

$165.00

Other financial bits

$20,000

none

90.00%

none

Features

Weekly, Fortnightly, Monthly

yes - up to $10,000 p.a.

no

no

none

yes

no

Extra repayments free up to $10,000 p.a during fixed rate period. Application fee includes valuation fee up to $300.

Eligible members get 0.10% p.a. off any eligible home loan. Receive 15% off Home & Contents Insurance for the life of the loan. RACQ members with a home loan of $250k+ can receive 2.79% p.a. green loan. 40 year loan terms available for First Home Buyers.

Application fees waived (usually $900) on new home loans with RACQ Bank that are approved by 5pm, 31 October 2024 and funded no later than 29 January 2025.

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 8 October 2024. 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

n/a

n/a

n/a

n/a

5.99% (6.71%*)

5.99% (6.63%*)

5.69% (6.48%*)

n/a

5.79% (6.35%*)

n/a

n/a

6.79% p.a.

Fees

$0.00

$0.00

n/a

n/a

n/a

$0.00

$165.00

Other financial bits

$20,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - up to $10,000 p.a.

no

no

none

yes

no

Extra repayments free up to $10,000 p.a during fixed rate period. Application fee includes valuation fee up to $300.

Eligible members get 0.10% p.a. off any eligible home loan. Receive 15% off Home & Contents Insurance for the life of the loan. RACQ members with a home loan of $250k+ can receive 2.79% p.a. green loan. 40 year loan terms available for First Home Buyers.

Application fees waived (usually $900) on new home loans with RACQ Bank that are approved by 5pm, 31 October 2024 and funded no later than 29 January 2025.

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 8 October 2024. 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

n/a

n/a

n/a

n/a

6.49% (6.76%*)

6.49% (6.73%*)

6.19% (6.62%*)

n/a

6.29% (6.57%*)

n/a

n/a

6.79% p.a.

Fees

$0.00

$0.00

n/a

n/a

n/a

$0.00

$165.00

Other financial bits

$20,000

none

90.00%

none

Features

Weekly, Fortnightly, Monthly

yes - up to $10,000 p.a.

no

no

none

yes

no

Extra repayments free up to $10,000 p.a during fixed rate period. Application fee includes valuation fee up to $300.

Eligible members get 0.10% p.a. off any eligible home loan. Receive 15% off Home & Contents Insurance for the life of the loan. RACQ members with a home loan of $250k+ can receive 2.79% p.a. green loan. 40 year loan terms available for First Home Buyers.

Application fees waived (usually $900) on new home loans with RACQ Bank that are approved by 5pm, 31 October 2024 and funded no later than 29 January 2025.

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 RACQ Bank home loans rated by the Mozo community?

Overall
8.6/10
Price
8.8/10
Features
7.7/10
Customer service
8.8/10
Convenience
7.3/10
Trust
7.6/10
Based on 8 RACQ Bank home loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of RACQ Bank Fixed Rate Home Loan

About RACQ Bank

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6.14% p.a. variable

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6.14% p.a. variable

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6.18% p.a. variable

6.18% p.a.

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5.99% p.a.

5.90% p.a.

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Macquarie

Basic Home Loan

6.14% p.a.

6.16% p.a.

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Greater Bank

Great Rate Home Loan

5.99% p.a.

6.01% p.a.

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Bendigo Bank

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6.09% p.a.

6.22% p.a.

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BCU Bank

OMG Home Loan

5.99% p.a.

6.02% p.a.

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Aussie

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6.18% p.a.

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6.14% p.a.

6.17% p.a.

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Macquarie

Offset Home Loan (Package)

6.14% p.a.

6.39% p.a.

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Basic Home Loan (Fixed)

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fixed 3 years

5.95% p.a.

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SWSbank

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6.31% p.a.

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6.02% p.a.

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6.07% p.a.

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ANZ

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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.

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