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Find the best Home Loan for you
The calculator below helps you determine the interest rate and loan repayment based on your loan amount and product selection. Please speak to an accredited Regional Australia Bank lender to ensure the product you select aligns with your financial goals. The calculator is intended as a guide to help you better understand your options.
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Basic Home Loan
Our Basic Home Loan is perfect for those entering the property market, refinancing an existing home loan or looking to invest in property.
LVR 60% or less (Owner Occupier, Principal & Interest)
5.99% p.a
1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.00% p.a
2
Basic Home Loan
Our Basic Home Loan is for those entering the property market, refinancing an existing home loan or looking to invest in property. Along with a competitive home loan rate, you'll also get a dedicated Relationship Manager3 to help you get started and be there throughout the life of the loan.4 5 6
Top reasons to choose a Basic Home Loan:
Features & Benefits
Features
| Borrow purpose | Owner Occupier, Investor |
| Family guarantee | N/A |
| Construction purpose | N/A |
| Interest rate | Variable or Fixed (Fixed only for Owner Occupier) |
| Repayment frequency | Weekly, Fortnightly or Monthly |
| Advance payments | Yes |
| Redraw | Yes 7 |
| 100% offset accounts | No |
| Split loans minimum amount | $100,000 |
| Maximum term | 30 years |
| Minimum deposit (without Lenders Mortgage Insurance) | 20% |
| Minimum deposit (with Lenders Mortgage Insurance) | 5% |
| Interest only option | Yes, up to 5 years 8 |
| Home guarantee loans | N/A |
| Discounted Interest Rate on Your Choice Visa Credit Card | 3% discount |
| Basic Home Loan Introductory Discount Offer (Owner Occupier, Principal & Interest) | 6.14% p.a9 |
| Basic Home Loan Introductory Discount Offer (Owner Occupier, Principal & Interest) - Comparison Rate | 6.57% p.a2 |
| Basic Variable (Owner Occupier, Principal & Interest) | 7.19% p.a10 |
| Basic Variable (Owner Occupier, Principal & Interest) - Comparison Rate | 7.22% p.a2 |
| LVR 60% or less (Owner Occupier, Principal & Interest) | 5.99% p.a1 |
| LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate | 6.00% p.a2 |
| LVR 70% or less (Owner Occupier, Principal & Interest) | 6.04% p.a1 |
| LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate | 6.05% p.a2 |
| LVR 80% or less (Owner Occupier, Principal & Interest) | 6.09% p.a1 |
| LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate | 6.10% p.a2 |
| LVR 90% or less (Owner Occupier, Principal & Interest) | 6.47% p.a1 |
| LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate | 6.48% p.a2 |
| LVR 90% or more (Owner Occupier, Principal & Interest) | 6.89% p.a1 |
| LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate | 6.90% p.a2 |
| Other Rates | Please see our Interest Rates page for details of Fixed, Investor and Interest Only rates |
| *Loan to Value Ratio (LVR) | "LVR" is calculated by dividing the loan amount by the value of the property as assessed by Regional Australia Bank. There may be a difference between the purchase price and the value of the property. |
Fees
| Annual fee | $0 |
| Approval fee | $0 |
| Documentation fee | $250 |
| Discharge fee | May apply |
| Valuation fees | At cost |
| Top up fee | $195 |
| Restructure fee | $200 |
| Monthly service fee | $0 |
| Break costs for early payout | Nil on variable, may apply on fixed |
Find out more or get started on your Home loan application now
Want to know more about home loans?
We know the home loan process can be confusing at times, but at Regional Australia Bank we like to make the complex, simple.
We've simplified and compiled a list of questions we frequently get asked about, such as "How much deposit do I need?" or "What's the difference between a variable and fixed rate?"
Be sure to check out our Frequently Asked Questions to learn more.
Financial assistance
If the unexpected happens, and you have missed a repayment or you’re unable to meet your repayments, please get in touch.
Lost or stolen card
If your card has gone missing, or it’s been stolen, you should immediately block it and request a replacement.
Technical Support
If you experience any technical issues with online access or account features, our team is available to assist you.
Have a question or want to get started?
Get started now by applying online for your home loan. It's quick, convenient, secure and available 24/7.
Disclaimers
1
Interest rates are on a per annum basis and are current as of today's date and are subject to change. Please note that the interest rate effective at the end of each month applies to the whole month.
2
The Comparison rate is calculated on a secured loan amount of $150,000 over a term of 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.
3
The dedicated relationship manager may change during the life of your loan.
4
Terms, conditions, fees, charges and normal lending criteria apply. See Fees & Charges for full details.
5
Please refer to the Product Details, Conditions of Use and Target Market Determination when considering if this product is right for you.
6
Regional Australia Bank is the issuer of the product.
7
Minimum redraw amount is $500.
8
Terms and conditions apply. Regional Australia Bank reserves the right to determine eligibility for this service.
9
A discount of 1.05%p.a will be applied to the Basic Variable (Owner Occupier) Rate for the first 3 years of this loan. Discount applied to the advertised Basic Variable (Owner Occupier) Rate, current rates are subject to change. At the end of the 3 year period, the interest rate will revert to a 0.73%p.a. discount to the Basic Variable (Owner Occupier) Rate. Under 80% LVR, and New Business only. Available for owner occupied borrowings over $100,000 or more. Available for a limited time only and not in conjunction with any other discount.
10
The Basic Home Loan rate displayed is for owner occupied borrowings. Alternative rates applicable for investment purposes.