Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
|
|
Owner Occupier | Principal & Interest | < 70% | $150,000 | |
|
|
Owner Occupier | Principal & Interest | 70%-80% | $150,000 | |
|
|
Owner Occupier | Principal & Interest | 80%-95% | $150,000 | |
|
|
Owner Occupier | Interest Only | < 60% | $150,000 | |
|
|
Owner Occupier | Interest Only | 70%-80% | $150,000 | |
|
|
Investor | Principal & Interest | < 70% | $150,000 | |
|
|
Investor | Principal & Interest | 70%-80% | $150,000 | |
|
|
Investor | Principal & Interest | 80%-90% | $150,000 | |
|
|
Investor | Interest Only | < 70% | $150,000 | |
|
|
Investor | Interest Only | 70%-80% | $150,000 | |
|
|
Investor | Interest Only | 80%-90% | $150,000 |
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.14% (7.60%*) |
|
|
5.84% (7.42%*) |
|
|
5.94% (7.31%*) |
|
|
5.94% (7.20%*) |
|
|
5.94% (7.09%*) |
|
|
n/a |
|
|
n/a |
|
|
7.39% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.24% (7.70%*) |
|
|
5.94% (7.52%*) |
|
|
6.04% (7.41%*) |
|
|
6.04% (7.30%*) |
|
|
6.04% (7.19%*) |
|
|
n/a |
|
|
n/a |
|
|
7.49% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.54% (8.00%*) |
|
|
6.24% (7.81%*) |
|
|
6.34% (7.70%*) |
|
|
6.34% (7.59%*) |
|
|
6.34% (7.48%*) |
|
|
n/a |
|
|
n/a |
|
|
7.79% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
80.00% |
|
|
95.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.44% (8.15%*) |
|
|
6.24% (7.96%*) |
|
|
6.24% (7.80%*) |
|
|
6.44% (7.74%*) |
|
|
6.44% (7.62%*) |
|
|
n/a |
|
|
n/a |
|
|
7.98% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
60.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.54% (8.25%*) |
|
|
6.34% (8.05%*) |
|
|
6.34% (7.90%*) |
|
|
6.54% (7.83%*) |
|
|
6.54% (7.72%*) |
|
|
n/a |
|
|
n/a |
|
|
8.08% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.29% (7.99%*) |
|
|
6.04% (7.79%*) |
|
|
6.14% (7.66%*) |
|
|
6.14% (7.53%*) |
|
|
6.14% (7.41%*) |
|
|
n/a |
|
|
n/a |
|
|
7.82% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.39% (8.09%*) |
|
|
6.14% (7.89%*) |
|
|
6.24% (7.76%*) |
|
|
6.24% (7.63%*) |
|
|
6.24% (7.51%*) |
|
|
n/a |
|
|
n/a |
|
|
7.92% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.69% (8.39%*) |
|
|
6.44% (8.18%*) |
|
|
6.54% (8.05%*) |
|
|
6.54% (7.92%*) |
|
|
6.54% (7.79%*) |
|
|
n/a |
|
|
n/a |
|
|
8.22% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
80.00% |
|
|
90.00% |
|
Weekly, Fortnightly, Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.44% (8.26%*) |
|
|
6.24% (8.06%*) |
|
|
6.24% (7.89%*) |
|
|
6.24% (7.74%*) |
|
|
6.24% (7.61%*) |
|
|
n/a |
|
|
n/a |
|
|
8.11% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
none |
|
|
70.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.54% (8.36%*) |
|
|
6.34% (8.15%*) |
|
|
6.34% (7.99%*) |
|
|
6.34% (7.84%*) |
|
|
6.34% (7.70%*) |
|
|
n/a |
|
|
n/a |
|
|
8.21% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
70.00% |
|
|
80.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
6.84% (8.66%*) |
|
|
6.64% (8.44%*) |
|
|
6.64% (8.28%*) |
|
|
6.64% (8.13%*) |
|
|
6.64% (7.99%*) |
|
|
n/a |
|
|
n/a |
|
|
8.51% p.a. |
|
$0.00 |
|
|
$0.00 |
|
|
$0.00 |
|
|
$100.00 |
|
|
n/a |
|
|
$395.00 yearly |
|
|
$350.00 |
|
$150,000 |
|
|
none |
|
|
80.00% |
|
|
90.00% |
|
Monthly |
|
|
yes - free up to $30,000 |
|
|
yes |
|
|
yes - free |
|
|
$0.00 |
|
|
yes |
|
|
yes - partial only |
|
|
none |
|
|
Fixed Rate Lock feature fee is the higher of 0.15% of loan amount or $500, capped at $1000 for loans up to $2M. Rate Lock fee is 0.15% of loan amount for loans above $2M |
|
|
none |
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.
When mortgage rates went up we contacted the bank to explore details. The person who guided us through was amazing. She was able to answer lots of questions, see our mortgage and make suggestions to save money, help us consolidate some debts, and negotiated a good interest rate. We can redraw without penalty, and i feel confident that if i needed to refinance again, that StGeorge/Bank Of Melbourne would see me through each step. High praise from a customer experience expert like me!
Read full reviewWhen mortgage rates went up we contacted the bank to explore details. The person who guided us through was amazing. She was able to answer lots of questions, see our mortgage and make suggestions to save money, help us consolidate some debts, and negotiated a good interest rate. We can redraw without penalty, and i feel confident that if i needed to refinance again, that StGeorge/Bank Of Melbourne would see me through each step. High praise from a customer experience expert like me!
Great service and always willing to help us out, negotiate a better fee or whats on offer. Cant complain about anything and we have come from a long CommBank history so were initially apprehensive about changing.
Read full reviewGreat service and always willing to help us out, negotiate a better fee or whats on offer. Cant complain about anything and we have come from a long CommBank history so were initially apprehensive about changing.
They care for their customers, a more personalised bank like the were big4 in the 1980/90s. They have a can do approach, easy to get through to & always willing to assist. Being ex bankers (both me & husband of 2 major banks). We found that’s operations have changed dramatically since our days, staff are only knowledgeable in their field without understanding all the background leading to it, whereas in our days (we’re only in our 50s) we started at the bottom of the banking chain, through ledgers, telling, processing, personal bankers & then moved up to senior positions having all the background knowledge. Having closed a business in 2015 we were left with home loan & business loan which our bank could not refinance (ANZ) nor could the others of the big 4. The refinance with BOM was straight forward & have never looked back, their service is still outstanding 5 years on Have since encouraged two of our sons to approach BOM for their first home loan, even though it’s not their bank, they did & were very content with the service, they are now loyal customers, our 3rd son will do same next year without a second thought.
Read full reviewThey care for their customers, a more personalised bank like the were big4 in the 1980/90s. They have a can do approach, easy to get through to & always willing to assist. Being ex bankers (both me & husband of 2 major banks). We found that’s operations have changed dramatically since our days, staff are only knowledgeable in their field without understanding all the background leading to it, whereas in our days (we’re only in our 50s) we started at the bottom of the banking chain, through ledgers, telling, processing, personal bankers & then moved up to senior positions having all the background knowledge. Having closed a business in 2015 we were left with home loan & business loan which our bank could not refinance (ANZ) nor could the others of the big 4. The refinance with BOM was straight forward & have never looked back, their service is still outstanding 5 years on Have since encouraged two of our sons to approach BOM for their first home loan, even though it’s not their bank, they did & were very content with the service, they are now loyal customers, our 3rd son will do same next year without a second thought.
We had multiple applications and Bank Of Melbourne came through with the fastest approval and the best rate.
Read full reviewWe had multiple applications and Bank Of Melbourne came through with the fastest approval and the best rate.
Wont let us get out of a fixed term loan.
Read full reviewWont let us get out of a fixed term loan.
Great Rate Home Loan
5.99% p.a. variable
6.01% p.a.
Home Value Loan
6.14% p.a. variable
6.14% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.49% p.a.
fixed 3 years
6.97% p.a.
OMG Home Loan
5.99% p.a. variable
6.02% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.49% p.a.
fixed 3 years
6.97% p.a.
Great Rate Home Loan
5.99% p.a. variable
6.01% p.a.
Elevate
6.13% p.a. variable
6.14% p.a.
Great Rate Home Loan
5.99% p.a.
6.01% p.a.
OMG Home Loan
5.99% p.a.
6.02% p.a.
Elevate
6.13% p.a.
6.14% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.49% p.a.
fixed 3 years
6.97% p.a.
Fixed Home Loan Rate
5.59% p.a.
fixed 3 years
6.31% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.59% p.a.
fixed 3 years
6.99% p.a.
Fixed Rate Loan
5.79% p.a.
fixed 3 years
6.07% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
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.
