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Home loan interest rates

Residential Investment Home Loans

This includes investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make property improvements to an investment.

For our Residential Investment Home Loan interest rates, please see Residential Investment Home Loan Interest Rates.pdf.

 

Owner Occupier## Home Loans 

Standard Variable Rate Home Loan

Balances

Standard Variable Rate for Owner Occupier

Comparison rate1

All Balances

% p.a.

% p.a.

Special offer interest rates under our Advantage Home Loan Package# on Balances $150,000+

Balances

Advantage PackageLimited Time Special Discount#

Standard Variable Rate with Advantage Package* Limited Time Special Discount#

Comparison rate1

$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.

Special offer interest rates under our Advantage Home Loan Package# on Balances $100,000+

Balances

Standard Advantage PackageDiscount

Standard Variable Rate with standard Advantage PackageDiscount

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 PackageDiscount

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.

Portfolio Loan

Balances

Variable Rate

All Balances

% p.a.

                        Get an Advantage Package* special discount on Balances $150,000+

Balances

Advantage PackageLimited 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.

Portfolio Loan Fixed Rate sub-accounts

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.

Basic Home Loan

Term

Annual rate

Comparison rate1

Basic Home Loan Promotional Discounted Rate

Special limited time offer^

Rate includes 0.68% p.a. off the Basic Home Loan Rate

% p.a.

% p.a.

Basic Home Loan Rate

% p.a.

% p.a.

Low Doc Home Loan

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.

Low Doc Portfolio Loan

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.

Relocation Home Loan

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

Seniors Access Home Loan

Annual rate

Comparison rate1

% p.a.

% p.a.

Super Fund Home Loan

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:

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.

^ Basic Home Loan Promotional Rate: Special limited time discounted Basic Home Loan offer may be withdrawn at any time. This offer is only available for new Basic Home Loan applications received from 1 July 2015. Offer current as at 1 July 2015. Refer to info.bankofmelbourne.com.au/homeloanhub or call us for more information on current offers available. This is a current offer which may be varied or withdrawn at any time. If you apply after this offer has been withdrawn 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 conjunction with, or in addition to any other special offers, negotiated rates or discounts.

## This is a current offer as at 21 August 2015 and may be withdrawn at any time. Excludes Investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make property improvements to an investment property. Refer to info.bankofmelbourne.com.au/homeloanhub or call us for more information on current offers available.

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).