RBA Cash Rate: 4.35% · 1AUD = 0.71 USD · Inflation: 4.6%  
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Example Interest Rates: Home Loan Variable: 5.24% (5.24%*) • Home Loan Fixed: 5.70% (6.06%*) • Fixed: 5.70% (6.06%*) • Variable: 5.24% (5.24%*) • Investment IO: 5.69% (5.72%*) • Investment PI: 5.49% (5.52%*)
Product Library

  Fair Dinkum Home Loan

Our Fair Dinkum home loan is a basic home loan with a lower variable rate, no ongoing fees and unlimited additional repayments without the extras like a redraw facility and offset account.
Category: Home Loans  Last Updated April 22, 2026  Effective April 29, 2026

General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information
Interest Rate
5.64% PA
Comparison Rate
5.65%PA*
Product rates will vary depending upon your financial position, LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

Product Variations

Product rates and conditions will vary based on the LVR and other conditions.

Lending Rate Type: Variable
Interest Rate: 5.79%, Comparison Rate 5.79%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied

Lending Rate Type: Variable
Interest Rate: 5.74%, Comparison Rate 5.74%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied

Lending Rate Type: Variable
Interest Rate: 5.64%, Comparison Rate 5.65%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied

Lending Rate Type: Variable
Interest Rate: 5.94%, Comparison Rate 5.94%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied

Product Features

  • Digital Banking
  • Npp Enabled
  • Other Additional Information: split loan
  • Extra Repayments Additional Information: unlimited extra repayments

Product Eligibility

  • Min Age - 18.
  • Natural Person
  • Residency Status - Australian Resident.

Bank Fees and Charges

  • Valuation Fee (Event), Amount: Not Listed.. Additional Information: The cost of the first valuation for a new security is covered by RACQ Bank. Any additional valuation required on an existing security will be payable by the member at cost.
  • Company / Trust - Borrower / Guarantor Party Fee (Event), Amount: 150.00. Additional Information: Payable for each company or trust borrower / guarantor party on the loan.
  • Discharge Fee (Exit), Amount: 300.00. Additional Information: Payable for standard partial or full discharges. Fee charged per property.
  • Substitution Of Mortgage Security (Event), Amount: 350.00. Additional Information: Per property.
  • Default Enforcement Expenses (Event), Amount: Not Listed.. Additional Information: May apply if enforcement services are required as part of default administration.

 Limitations & Restrictions (Constraints)

  • Min Limit of 20000.00

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Timezone: E. AUSTRALIA STANDARD TIME · [ CHANGE ]

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