Home / Products / Home Loans
5.79% p.a.
Interest Rate
Comparison Rate *
5.84% p.a.
Choice Home Loan
Our Choice Home Loan offers a competitive variable rate designed to help you purchase or refinance your home with confidence. With clear, transparent pricing and personalised support from an experienced lending team, it’s a flexible solution suited to a wide range of borrowing needs. Whether you’re buying your next home or reviewing your current loan, the Choice Home Loan provides a simple, competitive option backed by responsive,
customer-focused service.
Click here for our full Choice Home Loan product range.
Why choose Broken Hill Bank
Broken Hill Bank not only stays in contact throughout the whole lending process, but we endeavor to ensure your whole banking journey is as easy as possible.
From application to repayments, to everything in between, we will happily be with you every step of the way.
100% customer owned - 100% community focused
Important Information
Broken Hill Bank, a business name of The Broken Hill Community Credit Union Ltd ABN 12 087 650 762 Australian Credit Licence 238020. Credit eligibility criteria, terms and conditions, fees and charges apply. Full details are available on application.
The Choice Home Loan interest rate are variable on a per annum basis and are current as of 01/02/2026 and are subject to change. Applies to new applications for owner occupied housing purchases or refinances from another financial institution. Minimum loan amount $250,000 with minimum property value of $300,000 and loan to value ratio (LVR) 80% or less. Existing Broken Hill Bank borrowers may qualify by adding an additional $50,000 (minimum new borrowing) to an existing Broken Hill Bank owner occupied home loan with the total loan balance being >$250,000, minimum property value of $300,000 and LVR 80% or less. This offer is not available on construction loans or bridging loans, or in conjunction with or in addition to, any bonus interest offer, special offer, negotiated rates or discounts.
LVR is calculated by dividing the loan amount by the value of the property (as assessed by Broken Hill Bank). There may be a difference between the purchase price and the value of the property.
An Offset account is optional. The inclusion of an offset account increase the interest rate to the Choice Offset Home Loan Rate. See interest rate
Offset account must be in the same name as the home loan account holder. Customers with joint home loans must hold joint offset account.
Only one offset account allowed to be linked per Choice Offset Home Loan.
* The comparison rate is based on a secured loan amount of $150,000 over a term of 25 years.
WARNING: This comparison rate is 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.