Basic Variable Home Loan

Basic variable home loan.

If you’re looking for a good, solid, basic home loan without any unwanted extras, our Basic Variable Home Loan offers excellent value. Buy your new home or refinance your existing loan with this low-interest, no frills home loan that’s still packed full features including:

  • Low variable interest rate and option to redraw, with loan terms up to 30 years
  • No establishment fee for first home buyers
  • Four-month pre-approval.


Interest rate

Comparison rate

Basic variable owner occupied home loan up to 90% LVR

Big benefits.

Just because we call it our basic variable home loan doesn’t mean you won’t get a full-featured home loan. For example; if you’re a first home buyer, there’s no establishment fee, and you get three-month pre-approval meaning we can approve your loan three months in advance so that you can search for your home or property with confidence. Not bad for a no frills home loan. But that’s not all, check out these other great benefits:

  • Borrow up to 90% of the value of the security property1
  • Loan terms up to 30 years. Maximise your loan term and minimise your regular repayments.
  • Redraw option. Withdraw any extra repayments you have made, or you could enjoy a repayment holiday2
  • Parent Equity available
  • Split your loan. Combine the stability of a fixed rate of interest with the flexibility of a variable rate of interest.
  • Flexible principal and interest repayment options. Make additional repayments without penalty and choose your payment frequency from weekly to monthly.
  • A pre-approved overdraft limit.3



Little fees.

  • Establishment fee: $4454
  • Settlement fee: $200
  • Monthly service fee: $11

Home loan repayments

You may also like

Mobile Lenders

Competitive home loans delivered to your home or work. Our Mobile Lenders can offer you experience, valuable money advice and recommendations to help you achieve your personal goals.

Find Out More

Need the convenience of a credit card?

Apply for a Beyond Bank Credit Card and take advantage of our great benefits and features.

Find Out More

Get the Beyond Bank Mobile App! An easy way to pay bills, transfer money and access your account details.

 *Interest rates are current as of 13/08/2019.

1. Lenders Mortgage Insurance is required where the loan is greater than 80% of the value of the security property. This may vary based on the location of the property.
2. Redraws and repayment holidays are subject to approval. Fees and charges may be payable for the redraw facility.
3. Pre-approved overdraft limits up to $5,000 to approved applicants.
4. Other upfront fees including valuation fees and government charges are payable.

Comparison rates are based on a loan of $150.000 with monthly repayments over a term of 25 years. Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Interests are subject to change without notice. Terms, conditions, lending criteria, fees and charges apply. Full details are available at the time of application or by contacting us.

This information has been prepared without taking into account of your objectives, financial situation or needs. Before acting on this information, you should consider its appropriateness, having regard to your objectives, financial situation and needs. All loans are provided by Beyond Bank Australia, a trading name of Community CPS Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237 856.

Share this page


For the security of your accounts, Internet Banking no longer supports Internet Explorer 8 or earlier versions.

As you may know, Microsoft recently made the decision to discontinue its support of Internet Explorer 8 (IE8). This leaves users exposed to potential security risks. As a result, Beyond Bank's Internet Banking will no longer support Internet Explorer 8 or earlier versions. Going forward, Beyond Bank will support Internet Explorer 9 or later to ensure the security of your accounts.

Continue to Website