3 Year Fixed Home Loan Investment Interest Only
Our fixed rate home loans provide security of fixed repayments and allows for additional repayments up to $10,000 per annum.
Category: Home Loans Last Updated March 3, 2025 Effective March 10, 2025
General Lending Rates
Rates listed below are for a FIXED INVESTMENT Interest Only product. Additional Information Interest only term is available for up to 5 years
Interest Rate
5.69% PA
5.69% PA
Comparison Rate
6.34%PA*
6.34%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
LVR ≤90% discount
Minimum: 0.01 PERCENT Maximum: 90 PERCENT
- Lending Rate Type: Fixed
- Interest Rate: 5.69%, Comparison Rate 6.34%
- Repayment Type: Interest Only
- Loan Purpose: Investment
Product Features
- Npp Enabled
- Digital Banking
Product Eligibility
- Residency Status - Must Be An Australian Resident.
- Min Age - 18.
- Natural Person
Bank Fees and Charges
- Valuation Fee (Variable), Amount: Not Listed.. Additional Information: The cost of the first valuation for a new security is covered by RACQ Bank. Any additional valuation required on an existing security will be payable by the member at cost.
- Company / Trust - Borrower / Guarantor Party Fee Company Search And Review Fee (Event), Amount: 150.00. Additional Information: Payable for each company or trust borrower / guarantor party on the loan.
- Early Payment Fee (Variable), Amount: Not Listed.. Additional Information: Payable if you make extra repayments that exceed $10,000 per annum during any fixed period. Applicable to fixed term loans only. Interest differential as defined in the loan contract is payable.
- Loan Document Fee - Top Up (Event), Amount: 350.00. Additional Information: Payable for a further advance against existing security. Valuation fee at cost.
- Home Loan Fixed Rate Lock Fee (Event), Amount: 500.00. Additional Information: If you elect to lock your fixed interest rate for a period of 90 days from the date you return your Home Loan Fixed Rate Lock Request. Available for new lending applications only.
- Substitution Of Mortgage Security (Event), Amount: 350.00. Additional Information: Per property.
- Early Termination Fee (Variable), Amount: Not Listed.. Additional Information: Payable if you repay your loan or change to a variable interest rate during the fixed rate period. Applicable to fixed term loans only. Interest differential as defined in the loan contract plus a $200 administration fee.
- Discharge Fee (Exit), Amount: 300.00. Additional Information: Payable for standard partial or full discharges.
- Default Enforcement Expenses (Variable), Amount: Not Listed.. Additional Information: May apply if enforcement services are required as part of default administration.
- Document Preparation And Settlement Fee (Upfront), Amount: 550.00. Additional Information: Document Preparation and Settlement Fee includes the cost of title search, document preparation and settlement fees - document generation, distribution of documents, verification of returned documents, verification of search requirements, settlement booking, settlement attendance (PEXA or paper) and lodgement of title documents.
Limitations & Restrictions (Constraints)
- Min Limit of 20000.00
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