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This is an investor fixed rate interest loan:

  • Security of fixed repayment amounts
  • 1, 2, 3 and 5 year terms available
  • Additional repayments available, up to $10,000 p.a.

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Canstar award Outstanding home lender 3 Year Fixed - Choices

2.49% p.a. interest rate

4.31% p.a. comparison rate


Interest rates reflect 3 year fixed term with Choices Package. Comparison rate warning.

Standard Fixed Loan Rates

Standard Loan Interest Rate Comparison Rate
1 Year 2.59% p.a. 4.64% p.a.
2 Year 2.59% p.a. 4.45% p.a.
3 Year 2.59% p.a. 4.27% p.a.
5 Year 2.94% p.a. 4.10% p.a.

The Fixed Rate loan is available for 1, 2, 3 & 5 year terms. After the fixed term, the loan reverts to the current variable rate applicable.

Choices Package Fixed Loan Rates

Standard Loan Interest Rate Comparison Rate
1 Year 2.49% p.a. 4.63% p.a.
2 Year 2.49% p.a. 4.46% p.a.
3 Year 2.49% p.a. 4.31% p.a.
5 Year 2.84% p.a. 4.18% p.a.

Additionally, the Fixed Rate loan is available in our Choices Package, which offers a discounted interest rate and additional interest on a Term Deposit.

Home loan glossary

A Comparison Rate is an interest rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product, and also takes into account what the interest rate will be after any introductory periods are finished.
Lenders Mortgage Insurance (LMI) is a one-off insurance payment which banks generally require you to pay if you have a smaller deposit.
The Loan to Value Ratio (LVR) is the amount you are borrowing represented as a percentage of the value of the property being used as security for the loan. Our maximum LVR on home loans is 80%. However, with Lenders Mortgage Insurance (LMI), LVR for Owner Occupiers up to 95% can be considered, and LVR for Investors up to 90% can be considered.
An offset feature lets you link your transaction account to your home loan. The funds in your transaction account are offset against your home loan balance and you are only charged interest on the net balance of the two accounts.
If you pay an extra amount into your loan you may redraw that money at a later time if you need.
The RACQ Choices Package offers a discounted interest rate on variable and fixed loans and additional interest on a Term Deposit.

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 Financial Services Guide and 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 from 31 July 2020 until further notice and is available under the Choices package. After fixed rate term, the interest rate reverts to the 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 rate shown for the Fixed Rate Home Loan is under the Choices package for investors. The comparison rate may change for other amounts. Other interest rates and comparison rates apply for property investment home loans.