Home loan · Variable
Basic Loan
6.84%comparison rate p.a. · 6.84% advertised
Variable · P&I · Investor · 80–90% LVR
57th of 85 variable investor P&I loans
Comparison rates are based on a secured loan of $150,000 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.
- Offset account
- No
- Redraw
- No
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $275
- Variable · P&I · Investor · ≤60% LVR
- 6.59% comparison · 6.59% advertised
- Variable · P&I · Investor · 60–70% LVR
- 6.59% comparison · 6.59% advertised
- Variable · P&I · Investor · 70–80% LVR
- 6.59% comparison · 6.59% advertised
- Variable · P&I · Investor · 80–90% LVR
- 6.84% comparison · 6.84% advertised
- Variable · Interest Only · Investor · ≤60% LVR
- 6.70% comparison · 6.84% advertised
- Variable · Interest Only · Investor · 60–70% LVR
- 6.70% comparison · 6.84% advertised
- Variable · Interest Only · Investor · 70–80% LVR
- 6.70% comparison · 6.84% advertised
- Variable · Interest Only · Investor · 80–90% LVR
- 6.95% comparison · 7.09% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $275
- Offset account
- No
- Redraw
- No
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $10,000
- Basic Loan · Variable · P&I · Investor
- RBA cash rate
October 20262 changes
- 16Fri
- 4 variants up 0.2516 days after the RBA rise to 4.60%+0.25All Variable · Interest Only · Investor
≤60% LVR 6.45 6.70 +0.25 60–70% LVR 6.45 6.70 +0.25 70–80% LVR 6.45 6.70 +0.25 80–90% LVR 6.70 6.95 +0.25 - 4 variants up 0.2516 days after the RBA rise to 4.60%+0.25All Variable · P&I · Investor
≤60% LVR 6.34 6.59 +0.25 60–70% LVR 6.34 6.59 +0.25 70–80% LVR 6.34 6.59 +0.25 80–90% LVR 6.59 6.84 +0.25
Our Basic Investment Loan is anything but, with a low rate, low fees and feel-good features.
Also from Bank Australia: Basic Home Loan 6.39% · Basic Home Loan Fixed 6.42% · Offset Home Loan Fixed 6.60% · Basic Loan Fixed 6.61% · Offset Home Loan 6.62% · Offset Loan 6.68% · Offset Loan Fixed 6.71%
As of 1 November 2026, the Bank Australia Basic Loan's variable investor P&I variant has a comparison rate of 6.59% (6.59% advertised), ranking 27th of 85 variable investor P&I loans. The product comes in 8 variants; the others are investor, interest-only and other LVR bands. Its rate last moved on 16 October 2026, 16 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.