BOSBasic Home Loan

Attention: open in a new window. Print

BOSBasic Home Loan

Variable Rate

2.84% p.a.

Comparison Rate1

2.89% p.a.


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

Apply Online Enquire



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 Rate2.84% pa
Comparison Rate12.89% 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 AmountBorrow up to 70% 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 


Tools to help you prepare for your home loan

Our Borrowing Capacity Calculator and Key Facts Sheet tools are designed to help you understand how a Bank of Sydney home loan could work for you.

Use our Borrowing Capacity Calculator to generate your estimated maximum borrowing capacity. Simply enter details (including your income, expenses and any current loans) to check your borrowing power, subject to your given individual circumstances. 

Calculate Borrowing Capacity

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

Key Facts Sheet

How to apply for your home loan online2

Get a step ahead by applying online for Conditional Pre-approval. 

  1. To start, please read the Terms and Conditions, PDS & Privacy Policy3
  2. Before you begin please make sure you have your contact details, identification (Driver License or Passport), relevant financial details and purchase property price & postcode on hand.
  3. Set aside about 20 minutes to complete your application
  4. On submission of your application you will promptly receive an email advising you of the outcome.
  5. A Home Loan Specialist will then be in touch to walk you through any next steps.

Apply Online Enquire


Speak with a Home Loan Specialist

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 70%
  • 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. 
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.
3Terms 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 (13 95 00) . 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.