Regional Australia Bank Home Loan

Ready to take the next step towards owning your home? At Regional Australia Bank, we’re committed to regional Australians. We take pride in calling regional Australia our home. Whether you're buying your first home, refinancing, or looking to invest, we have options to help suit your needs. Enjoy competitive interest rates and features such as offset accounts, redraw options and support from your local dedicated home loan specialist. Applying online is easy, with no upfront application fees.

Top reasons to choose the Regional Australia Bank Home Loan

Very competitive interest rate
No application and monthly service fees
Offset Account Available
Extra repayments and redraw
Personalised ongoing support
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Product Details

Target Market Determination
Borrowers
Owner Occupier, Investor
Interest Rate Type
Variable or Fixed (Fixed only for Owner Occupier)
Repayment Frequencies
Weekly, Fortnightly or Monthly
Advance Payments
Yes
Redraw
Yes5
100% Offset Accounts
No
Split Loans Allowed
Yes, for Owner Occupier within the Basic Home Loan only
Minimum Amount
$100,000
Maximum Term
30 years
Minimum Deposit
(without Lenders Mortgage Insurance)
20%
Minimum Deposit
(with Lenders Mortgage Insurance)
5%
Interest Only Payments Available
Yes, up to 5 years6
Discounted Interest Rate on Your Choice Visa Credit Card
3% discount
Annual Fee
$0
Approval Fee
$0
Documentation Fee
$250
Valuation Fees
At cost
Restructure Fee
$200
Top Up Fee
$195
Break Costs for Early Payout
Nil on variable, may apply on fixed
LVR 60% or less (Owner Occupier, Principal & Interest)
6.20%p.a1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.21%p.a2
LVR 70% or less (Owner Occupier, Principal & Interest)
6.25%p.a1
LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.26%p.a2
LVR 80% or less (Owner Occupier, Principal & Interest)
6.30%p.a1
LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.31%p.a2
LVR 90% or less (Owner Occupier, Principal & Interest)
6.68%p.a1
LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.69%p.a2
LVR 90% or more (Owner Occupier, Principal & Interest)
7.10%p.a.1
LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate
7.11%p.a.2
Standard Variable
(Owner Occupier, Principal & Interest)
8.07%p.a.
Standard Variable
(Owner Occupier, Principal & Interest) - Comparison Rate
8.10%p.a.
Other Rates
Please see our Interest Rates page for details of
Investor and Interest Only rates
*Loan to Value Ratio (LVR)
"LVR" is calculated by dividing the loan amount by the value of the property (as assessed by Regional Australia Bank). There may be a difference between the purchase price and the value of the property.

 

Fixed Home Loan - 1 year

LVR 60% or less (Owner Occupier, Principal & Interest)
6.03%p.a1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.00%p.a2
LVR 70% or less (Owner Occupier, Principal & Interest)
6.04%p.a1
LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.05%p.a2
LVR 80% or less (Owner Occupier, Principal & Interest)
6.07%p.a1
LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.10%p.a2
LVR 90% or less (Owner Occupier, Principal & Interest)
6.33%p.a1
LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.47%p.a2
LVR 90% or more (Owner Occupier, Principal & Interest)
6.81%p.a1
LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate
6.89%p.a2

Fixed Home Loan - 2 years

LVR 60% or less (Owner Occupier, Principal & Interest)
5.65%p.a1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.93%p.a2
LVR 70% or less (Owner Occupier, Principal & Interest)
5.66%p.a1
LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.97%p.a2
LVR 80% or less (Owner Occupier, Principal & Interest)
5.69%p.a1
LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.02%p.a2
LVR 90% or less (Owner Occupier, Principal & Interest)
5.95%p.a1
LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.38%p.a2
LVR 90% or more (Owner Occupier, Principal & Interest)
6.43%p.a1
LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate
6.81%p.a2

Fixed Home Loan - 3 years

LVR 60% or less (Owner Occupier, Principal & Interest)
5.53%p.a1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.87%p.a2
LVR 70% or less (Owner Occupier, Principal & Interest)
5.54%p.a1
LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.91%p.a2
LVR 80% or less (Owner Occupier, Principal & Interest)
5.57%p.a1
LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.95%p.a2
LVR 90% or less (Owner Occupier, Principal & Interest)
5.84%p.a1
LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.30%p.a2
LVR 90% or more (Owner Occupier, Principal & Interest)
6.31%p.a1
LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate
6.73%p.a2

Fixed Home Loan - 4 years

LVR 60% or less (Owner Occupier, Principal & Interest)
5.63%p.a1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.87%p.a2
LVR 70% or less (Owner Occupier, Principal & Interest)
5.64%p.a1
LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.90%p.a2
LVR 80% or less (Owner Occupier, Principal & Interest)
5.67%p.a1
LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.95%p.a2
LVR 90% or less (Owner Occupier, Principal & Interest)
5.94%p.a1
LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.28%p.a2
LVR 90% or more (Owner Occupier, Principal & Interest)
6.41%p.a1
LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate
6.72%p.a2

Fixed Home Loan - 5 years

LVR 60% or less (Owner Occupier, Principal & Interest)
5.73%p.a1
LVR 60% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.89%p.a2
LVR 70% or less (Owner Occupier, Principal & Interest)
5.74%p.a1
LVR 70% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.92%p.a2
LVR 80% or less (Owner Occupier, Principal & Interest)
5.77%p.a1
LVR 80% or less (Owner Occupier, Principal & Interest) - Comparison Rate
5.96%p.a2
LVR 90% or less (Owner Occupier, Principal & Interest)
6.03%p.a1
LVR 90% or less (Owner Occupier, Principal & Interest) - Comparison Rate
6.29%p.a2
LVR 90% or more (Owner Occupier, Principal & Interest)
6.51%p.a1
LVR 90% or more (Owner Occupier, Principal & Interest) - Comparison Rate
6.73%p.a2

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 when refinancing. 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 as of today's date and are subject to change.

2 The Comparison rate is calculated on a secured loan amount of $150,000 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.

3 Minimum redraw amount is $500.

Regional Australia Bank reserves the right to determine eligibility for this service.

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.