Blackboard Special
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Headline interest rate p.a.
Comparison rate p.a.
Annual fee

Moneybuddy says's Blackboard Special is a great low rate variable home loan for those purchasing homes. There is only an online application available, but this means there is also no application fee! Other great features include, the option to choose interest only payments for up to 10 years, a 100% redraw offset facility with a linked VISA debit card, 24/7 online access to your account, plus much more.

This loan is only for purchasers of homes, has other options available to those wishing to refinance.

This type of home loan would be well suited to people who want an easy, no-fuss loan, that can be managed online at anytime from your own home.

The Basics

Max LVR 90.00%

Interest type Variable rate

Headline interest rate p.a. 4.64%

Comparison rate p.a. 4.66%

Annual fee -

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable -

Line of credit available -

Product suits Owner - Occupier & Investor

The Facts & Figures

Introductory rate p.a. 4.66%

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Max loan amount $2,000,000

Early repayments Yes

Redraw facility Yes

Repayment holiday -

Ability to split loan Yes

Extra repayments -

Offset account available Yes

Interest only payments Yes

The ugly stuff: fees

Application fee $0

Valuation fee $220

Subsequent valuation fee -

Valuation fee details -

Discharge fee $300

Discharge fee details -

Legal fee $0

Settlement fee $75

Redraw fee $0

Comparison Rate Disclaimer The comparison rate is based on a $150,000 loan over 25 years.

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. says

Looking for a market leading home loan? Our new blackboard special is a purchase only home loan, that has a great rate and all the features you need in a variable home loan.

It has no application fee and comes with great features such as a 100% redraw offset account and VISA debit card.

Key features

  • 24/7 online and phone access to your account
  • 100% redraw offset facility
  • Unlimited free redraws & online transactions
  • Online application only
  • The headline interest rate is for a loan less than 80% LVR
  • Higher interest rate of 4.64% p.a.(comparison rate 4.66% p.a.) applies to loans between 80-90% LVR


  • Up to 5 free splits
  • Can manage everything online incl. transactions, statements, redraws
  • No application fee
  • Free RP data property report
  • Interest only option available
  • Weekly, fortnightly or monthly repayment options
  • 24/7 online and phone access to your account
  • 100% redraw offset facility
  • Unlimited free redraws & online transactions
  • Free Bpay, direct credit and debit transactions

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