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Bank of Melbourne Fixed Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 60%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $10,000 with an LVR below 60%

The details shown below are for an owner occupier taking out a interest only loan of at least $10,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $10,000 with an LVR below 60%

The details shown below are for an investor taking out a principal & interest loan of at least $10,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $10,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $10,000 with an LVR below 60%

The details shown below are for an investor taking out a interest only loan of at least $10,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 60%

    Loan: $10,000

  • Owner Occupier (Principal & Interest)

    LVR 60%-80%

    Loan: $10,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan: $10,000

  • Owner Occupier (Interest Only)

    LVR < 60%

    Loan: $10,000

  • Owner Occupier (Interest Only)

    LVR 60%-80%

    Loan: $10,000

  • Investor (Principal & Interest)

    LVR < 60%

    Loan: $10,000

  • Investor (Principal & Interest)

    LVR 60%-80%

    Loan: $10,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $10,000

  • Investor (Interest Only)

    LVR < 60%

    Loan: $10,000

  • Investor (Interest Only)

    LVR 60%-80%

    Loan: $10,000

Fixed 3 year rate
2.34% p.a.
Comparison Rate*
4.07% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.39% p.a.
Comparison Rate*
4.11% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.44% p.a.
Comparison Rate*
4.16% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
3.74% p.a.
Comparison Rate*
4.85% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
3.79% p.a.
Comparison Rate*
4.90% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.74% p.a.
Comparison Rate*
4.58% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.79% p.a.
Comparison Rate*
4.63% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.84% p.a.
Comparison Rate*
4.68% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.94% p.a.
Comparison Rate*
4.84% p.a.
Service fee
$10.00 monthly
Upfront fee
$700
Fixed 3 year rate
2.99% p.a.
Comparison Rate*
4.89% p.a.
Service fee
$10.00 monthly
Upfront fee
$700

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 2.34% (4.41%*)

  • 2.34% (4.23%*)

  • 2.34% (4.07%*)

  • 2.84% (4.07%*)

  • 2.84% (3.97%*)

  • n/a

  • n/a

  • 4.44% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • none

  • 60.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 2.39% (4.46%*)

  • 2.39% (4.28%*)

  • 2.39% (4.11%*)

  • 2.89% (4.12%*)

  • 2.89% (4.01%*)

  • n/a

  • n/a

  • 4.49% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • 60.00%

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 2.44% (4.51%*)

  • 2.44% (4.33%*)

  • 2.44% (4.16%*)

  • 2.94% (4.17%*)

  • 2.94% (4.06%*)

  • n/a

  • n/a

  • 4.54% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • 80.00%

  • 95.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.74% (5.07%*)

  • 3.74% (4.96%*)

  • 3.74% (4.85%*)

  • 4.19% (4.91%*)

  • 4.19% (4.85%*)

  • n/a

  • n/a

  • 5.03% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • none

  • 60.00%

Features

  • Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.79% (5.12%*)

  • 3.79% (5.01%*)

  • 3.79% (4.90%*)

  • 4.24% (4.96%*)

  • 4.24% (4.90%*)

  • n/a

  • n/a

  • 5.08% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • 60.00%

  • 80.00%

Features

  • Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 2.94% (4.99%*)

  • 2.74% (4.77%*)

  • 2.74% (4.58%*)

  • 3.24% (4.58%*)

  • 3.24% (4.46%*)

  • n/a

  • n/a

  • 5.02% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • none

  • 60.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 2.99% (5.04%*)

  • 2.79% (4.82%*)

  • 2.79% (4.63%*)

  • 3.29% (4.63%*)

  • 3.29% (4.51%*)

  • n/a

  • n/a

  • 5.07% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • 60.00%

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.04% (5.09%*)

  • 2.84% (4.87%*)

  • 2.84% (4.68%*)

  • 3.34% (4.68%*)

  • 3.34% (4.55%*)

  • n/a

  • n/a

  • 5.12% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • 80.00%

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.14% (5.26%*)

  • 2.94% (5.04%*)

  • 2.94% (4.84%*)

  • 3.44% (4.83%*)

  • 3.44% (4.70%*)

  • n/a

  • n/a

  • 5.31% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • none

  • 60.00%

Features

  • Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Details

Rates and fees information correct as at 9 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.19% (5.31%*)

  • 2.99% (5.08%*)

  • 2.99% (4.89%*)

  • 3.49% (4.88%*)

  • 3.49% (4.75%*)

  • n/a

  • n/a

  • 5.36% p.a.

Fees

  • $600.00

  • $0.00

  • $0.00

  • $100.00

  • n/a

  • $10.00 monthly

  • $350.00

Other financial bits

  • $10,000

  • none

  • 60.00%

  • 80.00%

Features

  • Monthly

  • yes - free up to $30,000

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • none

  • none

  • 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.

Customer Reviews

How are Bank of Melbourne home loans rated by the Mozo community?

Overall customer rating
7.2/10

Based on 165 Bank of Melbourne home loan reviews

Price
7.0/10
Features
6.8/10
Customer service
7.4/10
Convenience
7.4/10
Trust
7.1/10

Latest reviews of Bank of Melbourne Fixed Home Loan

  • Overall 10/10
    Very personable service.

    Young couple, first home together and the bank has been with us every step of the way. Our local branch (Mikey) is always friendly and knows our needs and account as soon as we walk in.

    Read full review

    Young couple, first home together and the bank has been with us every step of the way. Our local branch (Mikey) is always friendly and knows our needs and account as soon as we walk in.

    Price
    7/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Melissa, Victoria reviewed 16 days ago
  • Overall 0/10
    Stay away from this company.

    They are not what they portray. All lies.

    Read full review

    They are not what they portray. All lies.

    Price
    1/10
    Features
    2/10
    Customer service
    3/10
    Convenience
    0/10
    Trust
    -1/10
    Less
    Bella, Victoria reviewed 8 months ago
  • Overall 8/10
    competitive rates and very reliable Internet banki

    You make you feel welcome and nothing is ever a a problem.

    Read full review

    You make you feel welcome and nothing is ever a a problem.

    Price
    9/10
    Features
    9/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10
    Less
    Vanessa, Tasmania reviewed over 5 years ago
  • Overall 10/10
    Great customer service

    Always friendly staff at all branches and very good interest rates.

    Read full review

    Always friendly staff at all branches and very good interest rates.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Pam, Victoria reviewed over 5 years ago
  • Overall 5/10
    Complicated definition of products

    Guys at desk gives you good smile but when things comes to real service things are complicated.

    Read full review

    Guys at desk gives you good smile but when things comes to real service things are complicated.

    Price
    4/10
    Features
    6/10
    Customer service
    2/10
    Convenience
    1/10
    Trust
    3/10
    Less
    Saghir, Victoria reviewed almost 7 years ago
Bank of Melbourne

About Bank of Melbourne

Formerly St.George in Victoria, The Bank of Melbourne provides a banking alternative to customers with its large range of products in home, personal and business banking. Based in Victoria the Bank of Melbourne offers its customers bank accounts, credit cards, term deposits, private banking services, home loans and personal loans.

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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.

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