Our home loans
Advantage Package
Advantage Package1 could offer you discounts for the life of your loan
Receive a discount on your eligible home loan interest rate and nil transaction fees on your linked Complete Freedom account (Annual fee of $3952 applies)
Advantage Package also offers access to discounts available when you take up selected credit cards, insurance and wealth products
Standard Variable Rate Loan
Get a competitive variable interest rate without being locked in for a set term
Great features including full interest offset and redraw
Flexible repayment options.
Fixed Rate Home Loan
Lock in a fixed interest rate for 1-5 years
On investment loans, choose to pay interest in advance and get 0.2% p.a. off the fixed interest rate for the interest in advance period3
Portfolio Loan
Diversify and manage your investment through a Portfolio Loan
Use separate sub-accounts for investment and lifestyle needs
A Bank of Melbourne home loan expert will contact you at your preferred time
Basic Home Loan
A basic, no frills home loan with a low variable interest rate
$0 monthly establishment fee special offer for a limited time4
$0 monthly service fee
Flexible repayment options.
Home loan calculators
Use our calculators to help you find ways to own your home.
Calculate how much you can borrow
Calculate home loan repayments
Estimate stamp duty and other fees
Start your journey online
Find out your buying power so you could start house hunting with confidence.
We’ll give you our lowest rate upfront, personalised to your buying scenario.
If you’ve found the perfect property (or you’re refinancing), we will complete a real-time bank valuation.
You can live chat with us to help you complete the application 7 days a week (even outside of business hours).
Talk to us
The Detail
^ 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 This is a current offer which may be withdrawn at any time.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 conjunction with, or in addition to any other special offers, negotiated rates or discounts.
1. Advantage Package annual fee of $395 applies, other fees may be payable. The interest rate discount and fee savings apply for the duration of the package. Contact us to see if you are eligible to receive Advantage Package benefits.
Credit criteria, fees and charges apply. Property valuation: valuation is valid for 90 days. Your upfront bank valuation assessment may require further valuation assessment if your property does not fit lending guidelines. Personalised rate: variable interest rates are subject to change, the rate discount is valid for 14 days. For fixed rates, discounts are valid for 5 days. Support and live chat: dedicated teams are here to help you 7 days a week. Available 8am-10pm Mon-Fri and 9am-5pm Sat-Sun. Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.