A Bank of Melbourne home loan expert will contact you at your preferred time.
Fix your interest rate
Choice of loan term & repayments
Fixed terms up to 5 years, with a choice of principal and interest or interest based repayments
Package and save!
You could get discounted interest rates and fees with a Fixed Rate Home Loan as part of your Bank of Melbourne Advantage Package – a package deal for your home loan, credit card and transaction account4
For homes or vacant land
Available to owners and investors for homes or vacant land purchase
Features include discounted rates, redraw2, rate lock, a partial interest offset facility, repayment pause and more!
Discover your borrowing power!
|Save when you package your home loan, selected credit card and transaction account with Advantage Package, an annual package fee of $395 applies.|
|Monthly Administration fee||
|Other fees and charges apply. See a complete list of fees for loan accounts.|
|Fixed Rate Home Loan Interest Rates|
|Get an Advantage Package4 discount on Balances $150,000+|
|Term||Annual rate||Comparison rate5 (secured loan)||Advantage Package4 Discount||Fixed Rate with Advantage Package4||Comparison rate5|
|1 year fixed||p.a.||p.a.||p.a.||p.a.||p.a.|
|2 year fixed||p.a.||p.a.||p.a.||p.a.||p.a.|
|3 year fixed||p.a.||p.a.||p.a.||p.a.||p.a.|
|4 year fixed||p.a.||p.a.||p.a.||p.a.||p.a.|
|5 year fixed||p.a.||p.a.||p.a.||p.a.||p.a.|
|Repayment options for Fixed Rate Home Loans|
|Automatic repayments||Set up convenient automatic repayments from your nominated account|
|Interest in advance||On investment loans, choose to pay interest in advance and get a discounted rate of 0.2% p.a. off the standard fixed interest rate1|
Package and save!
Lock in a fixed interest rate
Consider splitting your loan
Partial interest offset
For Fixed rate home loans you could save interest with a partial interest offset. Partial interest offset means that for the portion of the home loan equal to the balance in the linked transaction accounts, a reduced interest rate is charged.
Apply online. It takes just 15 minutes!
Enquire now and a Bank of Melbourne home loan expert will call at your preferred time
1300 000 266 To talk with a Bank of Melbourne home loan expert, say “New Mortgage” when prompted.
Visit a branch
Find your nearest branch
What you’ll need to apply
Conditions, fees and credit criteria apply.
Before making a decision, it’s best to read the terms and conditions:
Please read these documents and keep a copy. You can request a paper copy at a branch.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 1300 000 266.
1 A discount of 0.20% p.a. will apply only if the interest in advance amount is deducted from a Bank of Melbourne transaction account.
2 Redraw, repayment pause and rate lock requests are subject to our approval. Fees apply.
3 Other upfront fees and costs may apply.
4Advantage Package annual fee of $395 applies, other fees may be payable. The fee savings apply for the duration of the package. Contact Bank of Melbourne to see if you are eligible to receive Advantage Package benefits.
5 The comparison rate is based on a loan of $150,000 over a 25 year term. After the fixed rate period expires the interest rate will revert to the relevant Standard Variable rate. 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..