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- Clear Path Variable Home Loan
Clear Path Variable Home Loan
- Cashback
- Owner Occupied
- Variable
- 20% min deposit
- P&I
$2,000 cashback when you refinance your home loan to BOQ
New 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 p.a.
6.39%
Comparison rate* p.a.
6.51%
Clear Path Variable Home Loan
- Cashback
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.39%
Comparison rate* p.a.
6.51%
BOQ Variable Rate Home Loan overview
For Clear Path Variable Rate Home Loan (Principal and Interest) (LVR < 80%)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
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
Repayment options
Fortnightly, Monthly, Weekly
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
Pros and Cons
For Clear Path Variable Home Loan
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
