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Find out how much you could save by switching to a Bank of Melbourne home loan

Why refinance

Learn about the reasons why you might want to find another home loan.

The costs

Find out what you’ll likely need to spend in addition to the cost of the property.

The process

Find out what you’ll need to do to apply for a loan.

New owner occupier loans

  • 3.89 p.a 2 year Fixed Rate.
    Advantage Package.1
    Principal & Interest repayments.
  • 4.94% p.a Comparison rate2

New investment loans

  • 4.19% p.a 2 year Fixed Rate.
    Advantage Package.1
    Principal & Interest repayments.
  • 5.46% p.a

    Comparison rate.2

     

     

     

Fees

  • $600 Establishment Fee3
  • $10 Monthly administration fee
  • OR
  • $0 with Advantage Package1

Start your journey online

Learn how much you could borrow, without knowing the loan type.
Receive indicative approval in under 10 minutes.
A home loan expert will call to talk you through your options.

Talk to us

Conditions, fees and credit criteria apply. Before making a decision, it’s best to read the terms and conditions:

Residential Loan Agreement - General Terms and Conditions (PDF 914KB)

Loan Accounts - Charges for specific services and accounts (PDF 1MB)

Portfolio Loan Agreement - General Terms and Conditions (PDF 8MB)

Bank of Melbourne Advantage Package - Terms and Conditions (PDF 1MB)

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. Advantage Package annual fee of currently $395 applies, other fees may be payable. The fee savings apply for the duration of the package.
  2. 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.
  3. Other upfront fees and costs may apply.