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Explore our home loans

Fixed Rate

Lock in your repayment amounts so you can plan your budget with confidence.

2 years Fixed - Choices 3.72 % p.a Owner occupied
4.80 % p.a Comparison rate
View key features
  • Security of fixed repayment amounts
  • Additional repayments available, up to $10,000 p.a.
  • 1,2,3 and 5 year terms available

Mortgage Saver Special

Our simple great rate variable home loan with no establishment or ongoing fees.

Mortgage Saver Special 3.74 % p.a Owner occupied
3.74 % p.a Comparison rate
View key features
  • Available for new lending only
  • Flexibility of a split loan option
  • No annual or monthly account keeping fees
  • Unlimited additional repayments

Mortgage Breaker

The full feature variable option to help you manage your loan and pay it off more quickly.

1 year intro 3.72 % p.a Owner Occupied
4.91 % p.a Comparison rate
View key features
  • 100% offset facility
  • Access to 3-month repayment pauses
  • Flexibility of a split loan option
  • Unlimited additional repayments

Packages

Bundle things up to get discounts on our home loan rates and other products.

Mortgage Breaker variable - Choices 4.09 % p.a Owner Occupied
4.47 % p.a Comparison rate
View key features
  • Discounted interest rates
  • Flexibility of a split loan option
  • No annual fee on an RACQ Platinum Rewards Credit Card

Fixed Rate

Lock in your repayment amounts so you can plan your budget with confidence.

2 year fixed - Choices 4.14 % p.a Investor
5.24 % p.a Comparison rate
View key features
  • Security of fixed repayment amounts
  • Additional repayments available, up to $10,000 p.a.
  • 1,2,3 and 5 year terms available

Mortgage Breaker

The full feature variable option to help you manage your loan and pay it off more quickly.

1 year intro 4.12 % p.a Investor
5.36 % p.a Comaprison Rate
View key features
  • 100% offset facility
  • Access to 3-month repayment pauses
  • Flexibility of a split loan option
  • Unlimited additional repayments

Packages

Bundle things up to get discounts on our home loan rates and other products.

Mortgage Breaker variable - Choices 4.55 % p.a Investor
4.92 % p.a Comparison rate
View key features
  • Discounted interest rates
  • Flexibility of a split loan option
  • No annual fee on an RACQ Platinum Rewards Credit Card

Still not sure which option is best for you?


Compare all home loans

Why take out a home loan with RACQ?

Low rates and fees, and a range of loans

Flexible repayment options

Dedicated support and mobile lending

Member deals on homewares and services

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More about home buying

Loans are issued by Members Banking Group Limited ABN 83 087 651 054 AFSL and Australian credit licence 241195 trading as RACQ Bank. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding.

Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

Terms, conditions, fees, charges and normal lending criteria apply.  Fixed rate offer available on new lending from 25 September 2017 until further notice and is available under the Choices package. Offer applies to new lending to RACQ Bank only and is not available for the refinance or restructure of existing RACQ Bank loans. After fixed rate term, the interest rate reverts to the applicable variable rate.

1 Year Intro Rate home loan available on new lending from 25 September 2017 until further notice. 1 Year Intro Rate is the variable interest rate for the Mortgage Breaker Home Loan reduced by 1.27%pa for owner occupiers and 1.33%pa for investors for the first 12 months, minimum $125,000. Interest rate then reverts to applicable variable rate.

Comparison rate is based on a secured loan amount of $150,000 with monthly repayments over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rates shown for the Mortgage Breaker - Choices Package and Fixed Rate Home Loan are under the Choices package for owner occupiers. The comparison rate may change for other amounts. Other interest rates and comparison rates apply for property investment.

Mortgage Saver Special is available for home loan applications received from 21 September 2017 and is for new lending only. Customers with an existing home loan can switch to Mortgage Saver Special with a minimum $20,000 in additional new lending.

Insurance products are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. Please read the PDS before making a purchase decision on this product. Any general advice relating to this product at racq.com is provided by RACQ.

 

The Home Loan Repayments and Borrowing Power calculators are a model, not a prediction. Amounts and repayment periods are estimates only, and actual amounts may be higher or lower. The calculations do not take into account specific fees and charges that may be applicable to your loan, such as establishment fees, Lenders Mortgage Insurance, which, if applicable, may add to the cost of your loan and repayments. Results are based on information you have provided and do not take your personal circumstances into account. This calculator is not intended to be your sole source of information when making a financial decision. You may wish to consider obtaining advice form a suitably qualified financial professional.

Using this calculator does not guarantee you will be eligible for a loan. You will need to satisfy our lending criteria.

Selection of a product name is to enable pre-population of certain fields. If you amend the rate, the comparison rate no longer applies. The comparison rate is on a secured loan amount of $150,000 with monthly repayments over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. 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.

Calculator by Widget Works.

RACQ Bank acts under its own Australian Financial Services Licence and under an agreement with the insurer, Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU. This is general advice and does not take into account your objectives, financial situation or needs (your “personal circumstances”). You can get a Product Disclosure Statement (PDS) for any of these products from any office of RACQ Bank or CGU. Before acting on this information, consider whether it is right for you. You should read the relevant PDS before making a decision.