abal banking home loans

3.5
Based on 7 abal banking home loan product reviews.
Fact Checked

abal banking, formerly Arab Bank, has been operating in Australia since 1986, with branches in Sydney and Melbourne. Globally, it has over 600 branches across five continents. Property is one of its specialties, so you can feel confident taking out a home loan with abal banking. 

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Last updated 30 October 2024 Important disclosures and comparison rate warning*

abal banking home loans

  • The Basics

    • Special New Buyer Offer
    • <60% LVR
    Interest rate
    5.75 % p.a.
    Variable
    Comparison rate
    5.88 % p.a.
    Initial monthly repayment
    $2,918
    Link not supplied

  • Fixed Rate

    • Owner Occupier
    • Principal & Interest
    • LVR <60%
    Interest rate
    5.85 % p.a.
    Fixed 1 year
    Comparison rate
    7.63 % p.a.
    Initial monthly repayment
    $2,950
    Link not supplied

  • Essentials Low Rate Home Loan Offer

    Interest rate
    5.90 % p.a.
    Variable
    Comparison rate
    5.94 % p.a.
    Initial monthly repayment
    $2,966
    Link not supplied

  • Fixed Rate

    • Investment
    • Principal & Interest
    • LVR <60%
    Interest rate
    5.90 % p.a.
    Fixed 1 year
    Comparison rate
    8.07 % p.a.
    Initial monthly repayment
    $2,966
    Link not supplied

  • Essentials Investment Low Rate Home Loan Offer

    Interest rate
    6.30 % p.a.
    Variable
    Comparison rate
    6.34 % p.a.
    Initial monthly repayment
    $3,095
    Link not supplied

  • The Basics

    Interest rate
    9.29 % p.a.
    Variable
    Comparison rate
    9.42 % p.a.
    Initial monthly repayment
    $4,128
    Link not supplied

  • Essentials Home Loan

    Interest rate
    9.39 % p.a.
    Variable
    Comparison rate
    9.44 % p.a.
    Initial monthly repayment
    $4,164
    Link not supplied

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abal banking home loan ratings

Overall customer rating for abal banking home loans

3.5
Based on 7 product reviews.

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* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

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