A simple investment home loan with low interest rate, offering great value.
Benefits.
- Borrow up to 90% of the value of the security property
- Loan terms up to 30 years. Maximise your loan term and minimise your regular repayments
- Flexible principal and interest repayment options. Make additional repayments without penalty and choose your payment frequency from weekly to monthly
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services
- 120 day pre-approval so you can search with confidence
- Make unlimited additional repayments to your loan.
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.
| Investment Loan | Interest Rate (% p.a.) | Comparison Rate (% p.a.)* |
| Purple Basic Variable Rate Investment Loan LVR <60% | 6.24% p.a. | 6.27% p.a. |
| Purple Basic Variable Rate Investment Loan LVR >60% - 80% | 6.34% p.a. | 6.37% p.a. |
| Purple Basic Variable Rate Investment Loan LVR >80% - <90% | 6.74% p.a. | 6.77% p.a. |
Fees and charges.
Fees that apply
| Application fee2 | $445 |
| Discharge fee | $350 |
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.
After more flexibility with your home loan?
If you want to be able to split your loan between variable and fixed, or want an offset, perhaps our Total Home Loan Package is the one for you.
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 2022
Canstar's Customer Owned Bank of the Year, Digital Banking 2015 - 2023
Canstar's Customer Owned Bank of the Year, Most Satisfied Customers 2023
Forbes World's Best Banks for 2023
Still have questions about our home loans?
Other products you might like.
First Home Buyers Package
A home loan specifically for borrows who qualify for and participate in the Home Guarantee Scheme (HGS). Eligibility requirements and conditions apply.
Find out morePlease read this important information.
| Interest rates are applicable to new loan applications received from 21 May 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. |
| ^ | Available for new loans where the minimum borrowing amount is $150,000, or increases to existing loans where the increased borrowing amount is $50,000 or more and, in all cases, where the LVR (Loan to Value Ratio) does not exceed 60%. We calculate your LVR and determine your eligibility for this rate when we assess your loan. Rates may differ for existing borrowers. No package or other discounts apply to the advertised rate. This offer is available for a limited time only and may be varied, withdrawn, or replaced at any time in Beyond Bank’s sole and absolute discretion. |
| The following loans are ineligible for this offer: Bridging, Building/Construction, Parent Equity, Land Rent Scheme, Interest Only, and Investment. | |
| 1 | There is no minimum redraw amount. 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. |
| 2 | The Purple Basic Variable Home Loan has a single application fee of $445. This includes property valuation costs up to $300, Check fees and Check search fees. Other costs (including government fees and charges) may apply. Property valuation costs in excess of $300 and other fees (such as government charges) may apply. |
| 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. |