Home loan interest rates
Balances |
Standard Variable Rate |
Comparison rate1 |
|
|---|---|---|---|
All Balances |
% p.a. |
% p.a. |
|
|
Get an Advantage Package* special discount on Balances $150,000+ |
|||
Balances |
Advantage Package* Limited Time Special Discount# |
Standard Variable Rate with Advantage Package* Limited Time Special Discount# |
Comparison rate4 |
|---|---|---|---|
$150,000 - $249,999 |
% p.a. |
% p.a. |
% p.a. |
$250,000 - $499,999 |
% p.a. |
% p.a. |
% p.a. |
$500,000 - $999,999 |
% p.a. |
% p.a. |
% p.a. |
$1 Million + |
% p.a. |
% p.a. |
% p.a. |
|
Get an Advantage Package* discount on Balances $100,000+ |
|||
Balances |
Standard Advantage Package* Discount |
Standard Variable Rate with standard Advantage Package* Discount |
Comparison rate1 |
|---|---|---|---|
$100,000 - $149,999 |
% p.a. |
% p.a. |
% p.a. |
$150,000 - $249,999 |
% p.a. |
% p.a. |
% p.a. |
$250,000 - $499,999 |
% p.a. |
% p.a. |
% p.a. |
$500,000 - $749,999 |
% p.a. |
% p.a. |
% p.a. |
$750,000 - $999,999 |
% p.a. |
% p.a. |
% p.a. |
$1 Million + |
% p.a. |
% p.a. |
% p.a. |
Fixed Rate Home Loan
Get an Advantage Package* discount on Balances $150,000+
Term |
Annual rate |
Comparison rate1(secured loan) |
Advantage Package* Discount |
Fixed Rate with Advantage Package* |
Comparison rate1 |
|---|---|---|---|---|---|
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. |
Balances |
Variable Rate |
|
|---|---|---|
All Balances |
% p.a. |
|
|
Get an Advantage Package* special discount on Balances $150,000+ |
||
Balances |
Advantage Package* Limited Time Special Discount# |
Standard Variable Rate with Advantage Package* Limited Time Special Discount# |
|---|---|---|
$150,000 - $249,999 |
% p.a. |
% p.a. |
$250,000 - $499,999 |
% p.a. |
% p.a. |
$500,000 - $999,999 |
% p.a. |
% p.a. |
$1 Million + |
% p.a. |
% p.a. |
|
Get an Advantage Package* discount on Balances $100,000+ |
||
Balances |
Standard Advantage Package* Discount |
Variable Rate with standard Advantage Package* Discount |
|---|---|---|
$100,000 - $149,999 |
% p.a. |
% p.a. |
$150,000 - $249,999 |
% p.a. |
% p.a. |
$250,000 - $499,999 |
% p.a. |
% p.a. |
$500,000 - $749,999 |
% p.a. |
% p.a. |
$750,000 - $999,999 |
% p.a. |
% p.a. |
$1 Million + |
% p.a. |
% p.a. |
Term |
Annual rate |
|---|---|
1 year fixed |
% p.a. |
2 year fixed |
% p.a. |
3 year fixed |
% p.a. |
4 year fixed |
% p.a. |
5 year fixed |
% p.a. |
Term |
Annual rate |
Comparison rate1 |
|---|---|---|
Basic Home Loan Rate |
% p.a. |
% p.a. |
Basic Home Loan Promotional Rate ^ |
% p.a. |
% p.a. |
Term |
Annual rate |
Comparison rate1 |
|---|---|---|
Variable Rate |
% p.a. |
% p.a. |
Fixed Rate |
||
1 year fixed |
% p.a. |
% p.a. |
3 year fixed |
% p.a. |
% p.a. |
5 year fixed |
% p.a. |
% p.a. |
Term |
Annual rate |
|---|---|
Variable Rate sub-accounts |
% p.a. |
Fixed Rate sub-accounts |
|
1 year fixed |
% p.a. |
3 year fixed |
% p.a. |
5 year fixed |
% p.a. |
Term |
Annual rate |
Comparison rate1 |
|---|---|---|
With end loan |
% p.a. |
% p.a. |
Without end loan |
% p.a. |
See a full list of Home Loan comparison rates |
Annual rate |
Comparison rate1 |
|---|---|
% p.a. |
% p.a. |
Term |
Annual rate |
Comparison rate1 |
|---|---|---|
Variable Rate |
% p.a. |
% p.a. |
Fixed Rate |
||
1 year fixed |
% p.a. |
% p.a. |
2 year fixed |
% p.a. |
% p.a. |
3 year fixed |
% p.a. |
% p.a. |
4 year fixed |
% p.a. |
% p.a. |
5 year fixed |
% p.a. |
% p.a. |
How to apply
The Detail
Conditions, fees and credit criteria apply:
View the terms and conditions:
- Residential Loan Agreement – General Terms and Conditions
- Loan Accounts – Charges for specific services and accounts
- Portfolio Loan Agreement - General 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 13 22 66.
1 The comparison rate is based on a loan of $150,000 over a 25 year term. 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.
* Advantage Package: Advantage Package Conditions of Use apply and are available upon request. Advantage Package annual fee, currently $395, is payable from an eligible Bank of Melbourne transactional account.
# Limited time special discounts: These special interest rate discounts are only available for Standard Variable Rate and Portfolio Variable Rate Advantage Package Home Loans. These are current offers and may be withdrawn at any time. These special interest rate discounts are instead of, and cannot be taken in addition to the standard Advantage Package discounts. If you apply after the end of this offer the standard Advantage Package discounts which will apply are available at http://www.bankofmelbourne.com.au/personal/home-loans/our-home-loans/popular/advantage-package.
^ This offer is only available for new Basic Home Loan applications received from 25 February 2014. This is a current offer which may be withdrawn at any time. If you apply after the end of this offer the interest rate which will apply is the standard Basic Variable Rate without any discount. This offer does not apply to internal refinances and is not transferable between loans, and is not available in conjuntion with, or in addition to any other special offers, negotiated rates or discounts.
There may be tax consequences arising from this promotion for our business customers and rental property investors. This is not taxation advice. Customers should seek independent taxation advice on any taxation matters.
Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. (03/12).