Broken Hill Bank
Choice Home Loan
Broken Hill Bank · residential mortgages
Provider last updated this product 2026-09-14.
Go to provider
You'll complete your application on
Broken Hill Bank's website. Confirm the rate and fees with them
before applying.
Our Choice Home Loan, With Our Lowest Ongoing Variable Interest Rate, Is The Only Choice If You Are Looking To Purchase Your Own Home.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 5.94% | 5.99% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Loan Redraw Processing Fee | TRANSACTION | $35 | - |
| Discharge of Mortgage Fee | UPFRONT | $649.02 | - |
| Veda credit report fee | UPFRONT | $19.95 | - |
| Loan Establishment Fee | EVENT | $655 | - |
| Loan Establishment Fee | EVENT | $705 | - |
| Loan Establishment Fee # | UPFRONT | $855 | - |
| Loan Contract Variation Fee | EVENT | $225 | - |
| Guarantee Security Fee | EVENT | $225 | - |
| Discharge of Mortgage Fee | UPFRONT | $125 | - |
| Credit Bureau Default Listing | EVENT | $50 | - |
| Security Handling Fee | EVENT | $200 | - |
| IPEX Fee - Loan Funding # | UPFRONT | $35 | - |
| Settlement Fee | EVENT | $150 | - |
| Debt Agreement Fee | EVENT | $150 | - |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 5.94% | 5.99% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- No Monthly Account Keeping Fees
- No Loan Service Fees
- No Penalties For Early Payouts
Who can apply
- min age - 18
- otherSubject To Eligibility For Credit Via Loan Application Assessment
- residency status - Australian Citizens Or Permanent ResidentsResidents Of Australia Are Eligible
Limits
- max lvr - 0.80
- min limit - 250000.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-14T08:00:17.2969966Z · Product ID: 54