BOSBasic Home Loan

BOSBasic Home Loan

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Variable Rate

2.96% p.a.

Comparison Rate1

3.01% p.a.

Rates Effective 22nd October 2019

A simple Home Loan with a variable interest rate so you can plan your budget & achieve your goals sooner. 




Legal Fees up to $475 and Valuation Fees up to $420 covered by BOS

Make as many additional repayments as you like over the lifetime of your loan

Enjoy no ongoing monthly or annual fees

No online redraw facility fees


  Facts & Fees

BOSBasic Home Loan: Principal & Interest
Interest Rates
Variable Interest Rate2.96% pa
Comparison Rate13.01% pa
Settlement Fee$150
Legal FeesUp to $475 in legal fees covered by BOS
Valuation FeesUp to $420 in valuation fees covered by BOS
Account Keeping Fee$0
Application Fee$600 
Access Redraw$0 
Minimum Loan Amount$250,000
Loan Amount3Borrow up to 90% of the value of the property
Interest Rate TypeVariable. Fixed Rates available on enquiry
Loan TermUp to 30 years
StatementsPaper statements every 6 months
RepaymentsPrincipal and Interest
Offset AccountNo 


Calculate the cost of your loan


Our Key Facts Sheet is designed to help you choose the Home Loan that is right for you. Simply select the BOSBasic Home Loan from our Owner Occupier dropdown, input your desired loan amount and loan term to view the lifetime cost, interest rates and repayments applicable to your loan.

Key Fact Sheet

Applying for a Home Loan2

1.    Getting Started

Fill in our Enquiry form and one of our experienced Home Loan Specialists will contact you at a time convenient to discuss your needs.

2.    Staying Informed

Once you have applied, we will keep you updated on the progress of your application via SMS or email. 

3.    Need extra support?

From application to settlement, our Home Loan Specialists will be on hand to help you every step of the way. 



Things to keep in mind

Before applying for a BOSBasic Home Loan, please consider our application criteria:

  • New applications only.
  • Applications will be considered with a LVR up to 90%3
  • Minimum of 1 year in the same line of employment.
  • Principal & Interest repayments only.
  • Existing Residential Dwellings in Metro postcodes only (excluding NT, WA & TAS). Additional restrictions apply for properties located in Queensland. 
Effective 22nd October 2019
1The comparison rate is based on a secured loan of $150K over a term of 25 years. WARNING: The comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Any advice or information does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you.
2All applications subject to meeting lending criteria and Bank of Sydney approval.
3Please consider the cost of Lenders Mortgage Insurance (LMI) for applications with an LVR of 80% or above.
Terms and Conditions and Fees & Charges apply and are documented in the Loan Terms and Conditions, Deposit, Savings & Transaction Accounts Product Disclosure Statement (PDS) and Internet Banking Terms and Conditions. These are available from any branch of Bank of Sydney, at or by calling 1300 BANKING ( 1300 226 546 ) . It is recommended that you read them prior to making any decisions as this advice is general and does not take into account specific individual needs.