Important disclosure
Clear Path Variable Home Loan
Cashback
$2,000 cashback when you refinance your home loan to BOQNew loans to BOQ of $250,000 or more with LVR 80%, refinanced from another bank. New refinance applications received from 8 September 2023 that settle within 120 days of the loan application date. Available for owner-occupier and investor home loans with LVR of 80% or less. Offer available on BOQ’s Clear Path, Economy, or Fixed Rate home loan products only T&C apply.
Interest Rate
6.39%
p.a
Comparison Rate*
6.51%
p.a
Clear Path Variable Home Loan
Find your ideal home loan from one of the 4 home loans from BOQ
Principal and Interest (P&I)
Loan type | Loan to value ratio | Interest rate | Comparison rate | |
---|---|---|---|---|
Variable | Up to 80% | 6.39% p.a. | 6.51% p.a. | Product Info |
Variable | Up to 90% | 6.64% p.a. | 6.76% p.a. | Product Info |
Interest only
Loan type | Loan to value ratio | Interest rate | Comparison rate | |
---|---|---|---|---|
Variable | Up to 80% | 7.64% p.a. | 7.07% p.a. | Product Info |
Variable | Up to 90% | 7.89% p.a. | 7.19% p.a. | Product Info |
BOQ home loans are available through brokers who can help find the right loan and manage your application at no charge.
BOQ Variable Rate Home loan overview
For Clear Path Variable Rate Home Loan (Principal and Interest) (LVR < 80%)
Details
Maximum LVR 80% | Total Repayments |
Interest rate type Variable | Borrowing range
$150k
-
$100m
|
Suitable for Owner Occupiers | Loan term range 1 - 30 years |
Repayment type Principal and Interest | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Target Market Determination Visit Bank of Queensland to view Target Market Determination. |
Features
Extra repayments Unlimited | Redraw facility Redraw fee: $0 |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits |
Fees
Total estimated upfront fees $150 | Application fee $0 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $150 | Other upfront fee $0 |
Ongoing fee $10 | Discharge fee $350 |
- Cashback $2,000 cashback when you refinance your home loan to BOQNew loans to BOQ of $250,000 or more with LVR 80%, refinanced from another bank. New refinance applications received from 8 September 2023 that settle within 120 days of the loan application date. Available for owner-occupier and investor home loans with LVR of 80% or less. Offer available on BOQ’s Clear Path, Economy, or Fixed Rate home loan products only T&C apply.
Pros and cons
For Clear Path Variable Rate Home Loan (Principal and Interest) (LVR < 80%)
Benefits
- Interest rates ranked in the best 20%
- 100% full offset account
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
How to apply
If you'd like to apply for this home loan or just get more information, follow the application process to speak to an BOQ mortgage specialist.
FAQs
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