Finty
Beyond Bank Australia

Beyond Bank Australia Total Home Loan Package

Variable or Fixed rateOffsetRedraw

With our Total Home Loan Package, you could pay less fees and lower interest. You can also switch from variable to fixed at any time, and even split your loan between both different rate types at no cost.

Written byDavid Boyd
Interest rate a year, from
6.34%
Comparison rate
6.69%
Upfront fees
$3,800
Annual fee
$395
Monthly fee
Not published

Monthly repayment

$600,000 over 30 years

Apply now

What it would cost

At the lowest rate of 6.34% (variable, live in, principal and interest). The rate you are offered depends on your deposit and the loan you choose, and upfront fees are not included.

Monthly repayment
$3,729
Total repayments
$1,342,618
Interest
$742,618

Rates

Every rate Beyond Bank Australia publishes for this loan. LVR is the loan as a share of the property's value: 80% for a 20% deposit.

RatePropertyRepaymentsLVRInterest rateComparison rate
VariableLive inPrincipal and interestAny6.34%6.69%
VariableLive inPrincipal and interestAny6.39%6.74%
VariableLive inPrincipal and interestAny6.74%7.09%
VariableLive inPrincipal and interestAny8.05%8.38%
VariableLive inInterest onlyAny6.69%7.10%
VariableLive inInterest onlyAny6.89%7.30%
VariableLive inInterest onlyAny7.94%8.34%
1 year fixedLive inPrincipal and interestAny6.89%7.23%
1 year fixedLive inPrincipal and interestAny7.19%7.26%
2 year fixedLive inPrincipal and interestAny6.59%7.17%
2 year fixedLive inPrincipal and interestAny6.89%7.23%
3 year fixedLive inPrincipal and interestAny6.69%7.17%
3 year fixedLive inPrincipal and interestAny6.99%7.26%
4 year fixedLive inPrincipal and interestAny6.84%7.21%
4 year fixedLive inPrincipal and interestAny7.14%7.32%
5 year fixedLive inPrincipal and interestAny6.84%7.21%
5 year fixedLive inPrincipal and interestAny7.14%7.34%

Comparison rates are for an example 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.

Fees and features

Fees

Upfront fees
$3,800
Annual fee
$395
Monthly fee
Not published

Features

Offset account
Yes
Redraw
Yes
Highest LVR
90%
Loan amount
From $50,000 up to $2,000,000

How it compares

Against the other home loans we compare, for a home you live in with a 20% deposit. Typical means the middle half of them.

Variable rate

6.34%

For a home you live in, paying principal and interest. Typical is 6.62%.

Comparison rate

6.69%

For the same rate. Typical is 6.70%.

Upfront fees

$3,800

Typical upfront fees are $600.

Annual fee

$395

A typical annual fee is $350.

Smallest deposit

10%

Most loans need at least 10% of the price.

Pros and cons

Pros

  • An offset account. Money in it is taken off your balance when interest is worked out, so your savings and pay cut the interest while staying easy to reach.
  • Extra repayments. Paying more than the minimum pays the loan off sooner and cuts the interest you pay.
  • Redraw. You can take back extra repayments later if you need the money.
  • No early repayment fee listed. You can pay the loan off early, or refinance, without a penalty. Check the terms to be sure.
  • Fixed rates on offer. You can fix for 1 to 5 years if you'd like repayments that don't change for a while.
  • Interest only available. Some investors use it to keep repayments down for a few years, though the balance doesn't fall in that time.

Cons

  • Higher upfront fees. $3,800, above the typical $600, which adds to the cash you need at settlement.

Similar home loans

Home loans from other lenders with a similar starting variable rate, for a home you live in with a 20% deposit.