Specially designed for first home buyers.
Benefits.
- Borrow up to 95% of the value of the property3
- We can also lodge your First Home Owner Grant application
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
Who can apply?
This loan is available for customers aged 18 years and over. Must be an Australian citizen, permanent Australian resident or hold a Visa. If a Visa holder's income is relied upon to determine serviceability, the term of the Visa must exceed the term of the loan.
Interest rates.
| Home Buyer Scheme Fixed Rate Home Loan^ | Interest Rate (%p.a.) | Comparison Rate (%p.a.)* |
| Fixed 1 year Home Buyer Scheme Total Home Loan Package - LVR <95% | 6.09% p.a. | 7.95% p.a. |
| Fixed 2 year Home Buyer Scheme Total Home Loan Package - LVR <95% | 5.79% p.a. | 7.72% p.a. |
| Fixed 3 year Home Buyer Scheme Total Home Loan Package - LVR <95% | 5.69% p.a. | 7.52% p.a. |
| Home Buyer Scheme Fixed Rate Building Loan | Interest Rate (%p.a.) | Comparison Rate (%p.a.)* |
| Fixed 1 year Home Buyer Scheme Total Home Loan Package - LVR <95% - Building Loan | 6.39% p.a. | 8.05% p.a. |
| Fixed 2 year Home Buyer Scheme Total Home Loan Package - LVR <95% - Building Loan | 6.39% p.a. | 7.91% p.a. |
| Fixed 3 year Home Buyer Scheme Total Home Loan Package - LVR <95% - Building Loan | 6.49% p.a. | 7.82% p.a. |
Fees and charges.
Fees that don't apply
| Mortgage Loan Establishment Fee | $0 |
| Mortgage Loan Settlement Fee | $0 |
| Loan Variation Documentation fee | $0 |
| Rate Variation Fee | $0 |
Fees that apply
| Annual Total Home Loan Package Fee | $395 |
| Property Valuation fee | At cost |
| Building Loan Establishment Fee | $890 |
View our Fees and Charges Guide for the full details. Other up-front fees including government charges may apply based on the loan and application type and can be advised on application.
How to apply.
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Start application.
If you’re looking to buy, invest or refinance, start your home loan application online. It takes 15 minutes and you’ll be asked to provide details of your income, assets and expenses.
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Speak to a Lending Specialist.
Once we receive your application, a Lending Specialist will contact you to confirm eligibility, next steps and answer any questions you may have.
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Assessment & evaluation.
To assess your loan, we’ll need to verify your details and obtain supporting documents, such as payslips and bank statements. Your Lending Specialist will support you through the process.
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Approval.
The most exciting stage! If your loan is approved, it’s time to sign your loan documents and finalise the settlement.
Ready to apply?
It’s simple really. Make this home loan yours in as little as 15 minutes with our online application form.
Not ready to apply?
Chat with one of our experienced Mobile Lenders at a time and place that suits you.
Digital and service excellence awards.
As a customer-owned bank, delivering the best possible experience to our customers is one of the core foundations of Beyond Bank, and we have the awards to prove it.
Roy Morgan Customer Satisfaction Awards - Bank of the Year 2020 & 2022
Canstar's Customer Owned Bank of the Year, Digital Banking 2015 – 2024
Canstar's Customer Owned Bank of the Year, Most Satisfied Customers 2023
Forbes World's Best Banks for 2024
Still have questions about our home loans?
Please read this important information.
| Interest rates are applicable to new loan applications received from 10 December 2024 and are subject to change without notice. Borrowers who acquired or applied for these products before this date may have a different interest rate. | |
| * | Comparison rates are based on a $150,000 loan 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. |
| ^ | Interest rates available exclusively to borrowers eligible for and participating in the Home Guarantee Scheme. For more information visit www.housingaustralia.gov.au. This offer may be withdrawn at any time and is not available with any other offer. |
| The Total Home Loan Package has an Annual Package Fee of $395. | |
| 1 | 100% Offset is only available on Variable Rate Home Loans. |
| 2 | Minimum redraw amount is $500. Free redraw in-advance amounts at any time through Internet Banking and Mobile Banking. Fees apply for staff-assisted redraw. An amount equivalent to the next scheduled repayment for the loan cannot be redrawn from the in-advance amount. |
| Please note that transfers made on Internet Banking and Mobile Banking can take up to 24 hours to process. For immediate transfers please call us on 13 25 85 or visit a branch. | |
| 3 | Borrow up to 95% of the value of the security property. |
| Lenders' Mortgage Insurance is required where the loan is greater than 80% of the value of the security property and not participating in the Home Guarantee Scheme (HGS). This may vary based on the location of the property. | |
| All applications for credit are subject to Beyond Bank’s credit assessment criteria. Terms and conditions are available on request. Fees and charges apply. This information is available on our website at beyondbank.com.au/about-us/corporate-governance/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch. | |
| All loans are provided by Beyond Bank Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2024. |