Young couple painting their newly purchased home

Expect More Home Loan

Young couple painting their newly purchased home
Need a few more features than the standard home loan? Our Expect More Home Loan is the one for you. It includes fixed or variable interest rates, an offset account and redraw facility.
Variable rate 2.94 % p.a.
Comparison rate 1 2.96 % p.a.

Key features

100% offset account
Free redraw facility available via Internet Banking
Make extra repayments at no extra cost
Legal fees up to $475 and Valuation fees up to $420 covered by us
Fixed and variable rate options
Principal and Interest Annual Rate Comparison Rate 1
Variable Rate (up to 70% LVR) 2.94% p.a. 2.96% p.a.
Variable Rate (up to 80% LVR) 2.94% p.a. 3.37% p.a.
Variable Rate (80-90% LVR) 3.30% p.a. 3.72% p.a.
Fixed Rate 1 Year 2.79% p.a. 3.36% p.a.
Fixed Rate 2 Years 2.79% p.a. 3.34% p.a.
Fixed Rate 3 Years 2.79% p.a. 3.33% p.a.
Fixed Rate 5 Years 2.99% p.a. 3.39% p.a.
Interest Only Annual Rate Comparison Rate 1
Variable Rate 1 Year 3.33% p.a. 3.40% p.a.
Variable Rate 2 Years 3.33% p.a. 3.44% p.a.
Variable Rate 3 Years 3.33% p.a. 3.47% p.a.
Variable Rate 4 Years 3.33% p.a. 3.50% p.a.
Variable Rate 5 Years 3.33% p.a. 3.52% p.a.
Fixed Rate 1 Year 3.18% p.a. 3.39% p.a.
Fixed Rate 2 Years 3.18% p.a. 3.41% p.a.
Fixed Rate 3 Years 3.18% p.a. 3.43% p.a.
Fixed Rate 5 Years 3.38% p.a. 3.54% p.a.
Package Fee $395.00 p.a. (waived for LVRs up to 70%)
Discharge of Mortgage Fee $300.00 (plus legal costs)
Settlement Fee $150.00
Legal Fees Up to $475.00 covered by BOS
Valuation Fees Up to $420.00 per application covered by BOS
Variation Fee $0.00 - Variation fees are covered under Expect More Home Loan Package

Ready to apply for an Expect More Home Loan?

Have the details of the property you wish to buy ready.

Make sure you have your ID (Driver’s License or Passport) and financial documents nearby.

Apply through our online form in just 20 minutes and find out if you’ve received conditional pre-approval.

Frequently Asked Questions

An offset account may be a good way to reduce the interest amount you pay on your loan. If you have a variable rate Expect More Home Loan, you’ll be able to link to a full offset account. Your home loan interest will be calculated on the difference between your loan balance and the daily balance held in your offset account.

Plus, your offset account is available for use as a transaction account where you can deposit your salary and link it to a Visa Debit card.


If you’ve made additional repayments to your home loan, you can withdraw extra money that’s  available on your account.

You can redraw from your additional repayments via Internet Banking, or by visiting your nearest branch.

Please note that in-branch redraws may attract a fee, depending on the home loan product you hold. In-branch redraws have a minimum amount of $2,000.

You can make additional repayments to your loan, which will then be available for redraw if you need to use the extra money later on. Please note that fixed rate home loans have a $10,000 maximum extra repayment limit per year, without incurring any penalties or break costs. 

You can apply to receive a Pre-Approval for the following loans:

  • BOS Basic Home Loan – Owner Occupier or Investment Home Loan
  • Expect More Home Loan – Owner Occupier or Investment Home Loan

In accordance with current BOS product offerings, you’ll be able to choose your repayment type (Principal and Interest or Interest Only) and Interest (Variable or Fixed Rate) type preferences.

 If you’re looking for a loan for construction, or if you have a guarantor, please contact our Home Loan Specialist team so we can discuss your options.

If you’re ready to start your home buying journey, you can apply online and get a conditional pre-approval. The application only takes 20 minutes to complete.

To start, please take a moment to read the Terms and Conditions, PDS & Privacy Policy available here. 

Before you begin please make sure you have your contact details, identification (Driver’s License or Passport), relevant financial details and purchase property price and postcode on hand.

On submission of your application you’ll promptly receive an email advising you of the pre-approval outcome.

What comes next? A Home Loan Specialist will then be in touch to walk you through next steps and help you through the process.

Apply Online 

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We're here to help

Our Home Loan Specialists are on hand to help you when you need it.

Ask questions or give feedback via our online enquiry form.

Talk to one of our friendly staff between 9:30am – 5:00pm (AEST) Monday to Friday.

The 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.

All applications subject to meeting lending criteria and Bank of Sydney approval.

Please take a moment to read through the below information before applying, as this advice is general and does not take into account specific individual needs.

Consumer Loan Terms & Conditions

Lending Facilities Fees & Charges Guide

More information about our products and services is available here.