As of 18 September 2026, the RACQ Bank Mortgage Breaker Owner Occupied's variable owner-occupier P&I variant has a comparison rate of 6.53% (6.49% advertised), ranking 63rd of 107 variable owner-occupier P&I loans and sitting 0.23 points below the market average of 6.76%. The product comes in 6 variants; the others are other LVR bands.
6.49% advertised · Variable · P&I · Owner-occupier · 70–80% LVR
5 other variants: other LVR bands below.
Rate over time
Comparison rate · Variable · P&I · Owner-occupier · 70–80% LVR- Mortgage Breaker Owner Occupied · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates by variant
Comparison rate · advertised rate- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.38% comparison · 6.34% advertised
- Variable · P&I · Owner-occupier · ≤90% LVR
- 8.78% comparison · 8.73% advertised
- Variable · P&I · Owner-occupier · 60–70% LVR
- 6.48% comparison · 6.44% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.53% comparison · 6.49% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 6.68% comparison · 6.64% advertised
- Variable · P&I · Owner-occupier · 90–90% LVR
- 6.88% comparison · 6.84% advertised
Fees
Headline variant- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $300
- Redraw fee
- None
Features
Headline variant- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
Eligibility
- Minimum loan
- $20,000
About this product
Our Mortgage Breaker Owner Occupier variable home loan gives you the flexibility to make unlimited additional repayments and have access to free redraw. You can also save on interest while having access to your money with our 100% offset account.