Mortgage Overdraft

An overdraft style all-in-one home loan and transaction account for maximum flexibility.

Features & Benefits

No compulsory regular payments
Maintain access to funds while reducing interest
No monthly service fees
Dedicated Relationship Manager
Standard Variable
(Owner Occupier, Interest Only)
From 4.72%p.a1
Call us: 132 067
Enquire now

Product Details

Target Market Determination
Borrowers
Owner Occupier, Investor
Interest Rate Type
Variable
Repayment Frequencies
No regular scheduled payments
Advance Payments
Yes
Redraw
N/A
100% Offset Accounts
N/A
Split Loans Allowed
No
Minimum Amount
$3,000
Maximum Term
N/A
Minimum Deposit
(without Lenders Mortgage Insurance)
20%
Minimum Deposit
(with Lenders Mortgage Insurance)
LMI not available
Interest Only Payments Available
Interest Only product
Discounted Interest Rate on Your Choice Visa Credit Card
3%
Annual Fee
None
Approval Fee
None
Documentation Fee
$250
Valuation Fees
At cost
Top Up Fee
$195
Restructure Fee
$200
Monthly Service Fee
None
Break Costs for Early Payout
None
Access Fee on Transaction & Savings Accounts
Yes2
Standard Variable
(Owner Occupier, Interest Only)
From 4.72%p.a1
Standard Variable
(Investor, Interest Only)
From 5.22%p.a1

Helpful Calculators

Home Loan Repayments Calculator

Compare Loans Calculator

Borrowing Power Calculator

Family playing in front yard

Want to know more about home loans?

We know the home loan process can be confusing at times, but at Regional Australia Bank we like to make the complex, simple.

We've simplified and compiled a list of questions we frequently get asked about, such as "How much deposit do I need?" or "What's the difference between a variable and fixed rate?"

Be sure to check out our Frequently Asked Questions to learn more.

Have a question or want to get started?

Apply for home loan online

Get started now by applying online for your home loan. It's quick, convenient, secure and available 24/7.

Need help choosing a loan?

Get in touch with a Home Loan Specialist for advice. We're here to help from application to settlement.

Call us

We're available on 132 067 if you would like to apply over the phone or have a question.

Disclaimer
  1. Interest rates are on a per annum basis and are current for new loan contracts as of today's date and are subject to change.
  2. No monthly Access Fee where the minimum monthly membership balance exceeds $5,000.

Terms, conditions, fees, charges and normal lending criteria apply. See Fees & Charges for full details.

Please refer to the Product Details, Conditions of Use and Target Market Determination when considering if this product is right for you.

Regional Australia Bank Ltd is the issuer of the product.