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What do you need to think about when buying your next home?

Buying before you sell
Buying your next home before selling your current one? Learn how a relocation loan could help you manage both while you wait for the right time to sell.
Taking your loan with you
If you already have a Bank of Melbourne Home Loan, you could take it with you when you move. Just ask us about portability and substituting security.
Borrowing power
Estimate how much you could borrow to put towards your next home with our borrowing power calculator.
Property reports
Check your current property market value and see sales trends for suburbs of interest with our Property Market Research Tool.

You could pocket $2,000 cashback when you keep your home loan with us.*


Cashback* For your next home

New home loan with principal and interest repayments with an Advantage Package. Min loan $250K. $395 annual package fee. Apply by 31 August 2022 and settle by 30 September 2022. T&Cs, fees and exclusions apply.

Pay less with an offset

Don't have an offset account already? Find out how it could help you pay much less interest over time with your next loan.

Read article

Review your interest rate

Should you choose a fixed rate or variable rate for your next home loan? Or would a split loan combining both suit your better?

Help me decide

Check you have the right loan

Buying your next home is a great time to stop and check what you could change to make your home loan work harder for you.

Show me how

Start your application online

Learn how much you could borrow.
It should only take around 20 minutes to apply.

Our Concierge will call you once you've submitted your application to help handle the rest of the process.

Our Home Loans

Here's how we can help you get into your next home.

Some key features

Learn about the different features of your home loan and see how they could affect you.

The Detail

*Conditions, credit criteria, fees, charges, eligibility criteria and exclusions apply. Terms and conditions available at Bank of Melbourne.

For new home loan applications received from 1 October 2021 to 31 August 2022 and settled by 30 September 2022. Exclusive offer available for nominated Bank of Melbourne home loan customers receiving this communication directly. Offer available for existing Bank of Melbourne home loan customers who take out a new Owner Occupier or Residential Investment Loans with an Advantage Package^ and Principal and Interest repayments. $250k min loan amount applies. Offer current as at 1 October 2021. Offer may be varied or withdrawn at any time. Limit of one $2,000 cashback payment regardless of the number of applications, applicants, properties or loans involved. Excludes switches and refinances of home loans from external providers or within the Westpac Group (Westpac, St.George, Bank of Melbourne, BankSA and RAMS). Offer not available for new Interest Only loans; residential lending originated under family or company trusts; Relocation Loans or substitutions of securities (‘Portabilities’). Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.

^ Advantage Package

Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible Bank of Melbourne transaction account. You must either hold or be approved for an eligible Bank of Melbourne transaction account to qualify and continue to receive the benefits of the Advantage Package. The cashback will be paid into an open Bank of Melbourne transaction account within 60 days of settlement. This account must be in the same name as the home loan account and linked to the home loan at settlement. Before deciding to acquire a Bank of Melbourne transaction account, read the terms and conditions, and consider whether the product is right for you.

Advantage Package terms and conditions  (PDF 140KB)

Credit provided by Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.