Interest
6.69%p.a.
Comparison*
8.62%p.a.
Est. repayment
$3,223
LVR not stated
Bank of China Home Loan Rates
Tracked products
72
Variable product example
6.18%
A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
Fixed product example
6.79%
A verified Bank of China product example is 3 Year Fixed Owner Occupied P&I: 6.79% p.a. (8.24% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 90%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
Variable example comparison
6.36%
A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
Last updated
1 November 2026
Bank of China is one of the Australian home-loan lenders we track daily. We currently surface 72 active products from Bank of China, refreshed from authoritative lender sources. The product table below sorts by comparison rate by default, the true-cost metric mandated by the National Consumer Credit Protection Act 2009, so you can see total cost, including standard fees, at a glance.
What are Bank of China home loan rates?
Ratesniffers compares Bank of China home loan products by comparison rate. A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. A verified Bank of China product example is 3 Year Fixed Owner Occupied P&I: 6.79% p.a. (8.24% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 90%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. Compare Bank of China against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest Bank of China home loan rate?
A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. A verified Bank of China product example is 3 Year Fixed Owner Occupied P&I: 6.79% p.a. (8.24% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 90%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. These selected examples do not establish the lowest rate across every product or borrower scenario.
How many home loan products does Bank of China offer?
Ratesniffers currently tracks 72 Bank of China home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 10 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Bank of China home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Fixed 2-year Investor P&I | 6.69% p.a. | 8.62% p.a. | n/a |
| Fixed 2-year Investor P&I | 6.69% p.a. | 8.62% p.a. | 90% |
| Variable Owner-occupier interest-only | 8.64% p.a. | n/a | 90% |
| Fixed 2-year Investor interest-only | 6.79% p.a. | 8.67% p.a. | n/a |
| Variable Owner-occupier P&I | 8.64% p.a. | 8.67% p.a. | 90% |
| Fixed 1-year Investor P&I | 6.69% p.a. | 8.85% p.a. | n/a |
| Fixed 1-year Investor P&I | 6.69% p.a. | 8.85% p.a. | 90% |
| Fixed 1-year Investor interest-only | 6.79% p.a. | 8.89% p.a. | n/a |
| Variable Investor interest-only | 8.95% p.a. | n/a | 90% |
| Variable Investor P&I | 8.95% p.a. | 8.98% p.a. | 90% |
10 of 72 tracked Bank of China home loan products
Interest
6.69%p.a.
Comparison*
8.62%p.a.
Est. repayment
$3,223
LVR ≤90%
Interest
8.64%p.a.
Comparison*
Not available
Est. interest only / month
$3,600
LVR ≤90%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
8.67%p.a.
Est. interest only / month
$2,829
LVR not stated
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
8.64%p.a.
Comparison*
8.67%p.a.
Est. repayment
$3,894
LVR ≤90%
Interest
6.69%p.a.
Comparison*
8.85%p.a.
Est. repayment
$3,223
LVR not stated
Interest
6.69%p.a.
Comparison*
8.85%p.a.
Est. repayment
$3,223
LVR ≤90%
Interest
6.79%p.a.
Comparison*
8.89%p.a.
Est. interest only / month
$2,829
LVR not stated
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
8.95%p.a.
Comparison*
Not available
Est. interest only / month
$3,729
LVR ≤90%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
8.95%p.a.
Comparison*
8.98%p.a.
Est. repayment
$4,005
LVR ≤90%
*Important Information and Comparison Rate Warning
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Who is Bank of China?
Bank of China is one of China's big four state-owned commercial banks, founded in 1912 and restructured into a wholly state-owned commercial bank in 1994. It is China's most globalised bank, operating in 64 countries and regions, and in 2011 became the first bank from an emerging economy designated a Global Systemically Important Bank by the Financial Stability Board.
Its Sydney branch dates back more than seventy years to the Second World War, resumed operations in 1985, and Bank of China (Australia) Limited was established locally in 2005. It now runs branches across New South Wales, Victoria, Queensland, Western Australia and South Australia, offering owner-occupier, investment and refinance home loans and acting as an approved agent for the First Home Owners Grant.
Who suits a Bank of China home loan?
Bank of China tends to suit borrowers who want the backing of one of the world's largest banking groups, including customers with ties to China or cross-border banking needs, alongside mainstream Australian home-loan borrowers. Its variable rates regularly rank among the sharpest in our index, so it is worth shortlisting on price alone, not just for its international footprint. Its product terms are published per product rather than in one public fee schedule, so ask for the current terms in writing before applying.
Background facts checked 3 September 2026. Rates above refresh independently.
Bank of China home loan products explained
The line-up as published by Bank of China, checked 3 September 2026. Today's rate for each product is in the table above.
| Product | Who it is for | What to know |
|---|---|---|
| Standard Variable Rate Home Loan | Borrowers who want a variable rate from Bank of China (Australia). | Published on Bank of China (Australia)'s own home loan products page. Features and fees are set out in that product's Target Market Determination and product sheet rather than in a public summary table. |
| Discount Home Loan and Discount Plus Home Loan | Borrowers taking Bank of China's discounted variable pricing. | Two separate discounted variable products listed by Bank of China (Australia). Each has its own Target Market Determination setting the customers it is designed for. |
| Fixed Rate Home Loans | Borrowers who want repayment certainty. | Listed on the same products page with its own Target Market Determination. Terms, fees and break cost arrangements are in that product's documents. |
Bank of China fees, offset and limits at a glance
- Application or establishment fee
- Standard Variable $350, all other products no application fee
- Discharge fee
- $250
- Settlement fee
- $0
- Additional valuation fee
- $0
- Rate lock fee
- $750
- Loan portability
- $300 per request (plus any applicable cost )
- Lenders mortgage insurer
- Helia * QBE LMI guarantor
- Capitalising LMI
- LMI premium is allowed to be capitalized with total LVR no more than 100%.
- Maximum total lending
- Secured by property $8,000,000
- Extra repayments on fixed
- Nil (less than $10,000 per settlement anniversary). Payments greater than $10,000 will incur break costs
- When the fixed rate is locked
- A Lock-in Fee will be payable for each loan application where a Fixed Rate interest rate lock-in is requested.
Checked 8 Oct 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Bank of China home loan fees and policy
- Bank of China (Australia) states its home loans are secured by mortgage over residential property and can be used to buy an owner-occupied property, buy an investment property, refinance an existing home loan, or for any other purpose the bank approves.
- Its public home loan products page lists four products by name, Standard Variable Rate, Discount, Discount Plus and Fixed Rate, and points to a Target Market Determination for each rather than publishing one consolidated fee and policy summary.
- Because there is no consolidated public fee schedule, Ratesniffers does not restate application, annual, settlement or discharge fee amounts for Bank of China here. Ask for the current fee schedule for the specific product in writing before you apply.
- Bank of China does not appear on the Australian Government 5% Deposit Scheme participating lender list as at 25 September 2026.
Sources checked 3 September 2026: Bank of China (Australia) home loan products, Australian Government 5% Deposit Scheme participating lenders.
Bank of China home loans: frequently asked questions
What are Bank of China home loan rates?
Ratesniffers compares Bank of China home loan products by comparison rate. A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. A verified Bank of China product example is 3 Year Fixed Owner Occupied P&I: 6.79% p.a. (8.24% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 90%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. Compare Bank of China at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments, use /calculators/extra-repayment.
What is the lowest Bank of China home loan rate?
A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. A verified Bank of China product example is 3 Year Fixed Owner Occupied P&I: 6.79% p.a. (8.24% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 90%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. These selected examples do not establish the lowest rate across every product or borrower scenario.
What is the monthly repayment on a $600,000 Bank of China home loan?
For a hypothetical $600,000 principal-and-interest loan over 30 years, keeping this variable interest rate unchanged gives about $3,667 a month before fees. The selected source example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. Variable rates can change; this calculation does not establish eligibility or approval. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. Use /calculators/repayment to model your own amount and term.
How much do you need to earn for a $500,000 Bank of China home loan?
There is no single salary requirement for a Bank of China home loan. The lender assesses income, expenses, debts and repayment capacity. APRA's residential mortgage framework generally requires governed authorised deposit-taking institutions to apply a minimum 3 percentage point buffer above the payable interest rate, ignoring temporary introductory discounts, with prudent limited policy exceptions. This does not establish Bank of China's actual assessment rate or approval criteria. Confirm the applicable lender policy and use /calculators/income-required for an illustrative estimate, not approval.
How does Bank of China's home loan rate compare to the market?
A verified Bank of China product example is Discount Home Loan Owner Occupied <=80% LVR P&I Special: 6.18% p.a. (6.36% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. Across 30 covered listed lenders, the median advertised interest rate of one selected owner-occupier principal-and-interest variable example per lender at 80% LVR is 6.44% p.a., as of 20 October 2026. This describes those selected examples, not the whole market or rates approved for borrowers. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
How many home loan products does Bank of China offer?
Ratesniffers currently tracks 72 Bank of China home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 10 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Bank of China competitive for refinancing?
Compare Bank of China's available product conditions and total costs with your existing loan. A listed rate does not establish refinance eligibility. Allow for discharge, establishment and any fixed-loan early repayment costs, and confirm applicable lender terms before switching. Compare the table with /home-loans/refinance.
How often are Bank of China's home loan rates updated?
Ratesniffers refreshes Bank of China's home loan rates daily; this page was last updated 1 November 2026. Rates can change whenever Bank of China reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
What home loans does Bank of China offer in Australia?
Bank of China (Australia) lists four home loans on its own products page: a Standard Variable Rate Home Loan, a Discount Home Loan, a Discount Plus Home Loan and Fixed Rate Home Loans. Each carries its own Target Market Determination setting out who the product is designed for. The live table above shows which of them are currently priced.
What are Bank of China's home loan rates in November 2026?
Bank of China's current home loan rates are in the live table above, ranked by comparison rate. Ratesniffers does not freeze a number into this answer because the bank prices its variable, discount and fixed products separately and reissues rate notices through the year. Compare the comparison rate rather than the headline rate.
Can I get a Bank of China home loan for an investment property?
Yes. Bank of China (Australia) states its home loans can fund the purchase of an owner-occupied property, the purchase of an investment property, a refinance of an existing home loan, or any other purpose the bank approves. Investment pricing differs from owner-occupier pricing, so filter the table above to investor loans before comparing.
Does Bank of China offer the 5% Deposit Scheme?
No. Bank of China does not appear on the Australian Government 5% Deposit Scheme participating lender list as at 25 September 2026, so the government guarantee cannot be used with it. A first home buyer who wants that guarantee needs to apply through a lender that is on the published list.