Bank of Melbourne Variable Home Loan (Advantage Package)

4.95% p.a.

5.34% p.a.

$395.00 yearly

4.60% p.a.

4.99% p.a.

$395.00 yearly

4.45% p.a.

4.85% p.a.

$395.00 yearly

4.40% p.a.

4.80% p.a.

$395.00 yearly

4.30% p.a.

4.70% p.a.

$395.00 yearly

5.54% p.a.

5.92% p.a.

$395.00 yearly

5.04% p.a.

5.43% p.a.

$395.00 yearly

5.19% p.a.

5.57% p.a.

$395.00 yearly

4.99% p.a.

5.38% p.a.

$395.00 yearly

4.89% p.a.

5.28% p.a.

$395.00 yearly

5.53% p.a.

5.91% p.a.

$395.00 yearly

5.18% p.a.

5.56% p.a.

$395.00 yearly

5.03% p.a.

5.42% p.a.

$395.00 yearly

4.98% p.a.

5.37% p.a.

$395.00 yearly

4.88% p.a.

5.27% p.a.

$395.00 yearly

6.07% p.a.

6.44% p.a.

$395.00 yearly

5.72% p.a.

6.09% p.a.

$395.00 yearly

5.57% p.a.

5.95% p.a.

$395.00 yearly

5.52% p.a.

5.90% p.a.

$395.00 yearly

5.42% p.a.

5.80% p.a.

$395.00 yearly

Currently showing

Rates

  • 4.95% p.a.

  • n/a

  • 0 Months

  • none

  • 5.34% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $100,000

  • $149,999

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 4.60% p.a.

  • n/a

  • 0 Months

  • none

  • 4.99% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 4.45% p.a.

  • n/a

  • 0 Months

  • none

  • 4.85% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 4.40% p.a.

  • n/a

  • 0 Months

  • none

  • 4.80% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $500,000

  • $749,999

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 4.30% p.a.

  • n/a

  • 0 Months

  • none

  • 4.70% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $750,000

  • none

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 5.54% p.a.

  • n/a

  • 0 Months

  • none

  • 5.92% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $100,000

  • $149,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.04% p.a.

  • n/a

  • 0 Months

  • none

  • 5.43% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.19% p.a.

  • n/a

  • 0 Months

  • none

  • 5.57% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 4.99% p.a.

  • n/a

  • 0 Months

  • none

  • 5.38% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $500,000

  • $749,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 4.89% p.a.

  • n/a

  • 0 Months

  • none

  • 5.28% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $750,000

  • none

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.53% p.a.

  • n/a

  • 0 Months

  • none

  • 5.91% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $100,000

  • $149,999

  • none

  • 90.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.18% p.a.

  • n/a

  • 0 Months

  • none

  • 5.56% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 90.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.03% p.a.

  • n/a

  • 0 Months

  • none

  • 5.42% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 90.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 4.98% p.a.

  • n/a

  • 0 Months

  • none

  • 5.37% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $500,000

  • $749,999

  • none

  • 90.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 4.88% p.a.

  • n/a

  • 0 Months

  • none

  • 5.27% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $750,000

  • none

  • none

  • 90.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 6.07% p.a.

  • n/a

  • 0 Months

  • none

  • 6.44% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $100,000

  • $149,999

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.72% p.a.

  • n/a

  • 0 Months

  • none

  • 6.09% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.57% p.a.

  • n/a

  • 0 Months

  • none

  • 5.95% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 5.52% p.a.

  • n/a

  • 0 Months

  • none

  • 5.90% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $500,000

  • $749,999

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

Rates

  • 5.42% p.a.

  • n/a

  • 0 Months

  • none

  • 5.80% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • $0.00

  • $0.00

  • $100.00

  • none

  • $395.00 yearly

  • $350.00

Other financial bits

  • $750,000

  • none

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Monthly

  • yes

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • Get $1,500 cashback by refinancing your home loan to an Advantage Package Home Loan. Minimum loan amount $250,000.

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.

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

Product Type Overall Rating Price Features Service Convenience Trust
7.2

Based on 87
Bank of Melbourne home loans reviews

7.1 6.9 7.4 7.2 7.0

Read Bank of Melbourne home loan reviews by the Mozo community

Latest reviews of Bank of Melbourne Variable Home Loan (Advantage Package)

Bank of Melbourne

Bank of Melbourne Variable Home Loan (Owner Occupier, Principal & Interest) (Advantage Package) home loan review

Overall rating   7 / 10

Not happy at all

Terrible customer service lender

Full review

Terrible customer service lender

    Price   3 / 10

    Features   6 / 10

    Customer service   4 / 10

    Convenience   9 / 10

    Trust   6 / 10

Less

Dipsikha (VIC), reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne Variable Home Loan (Owner Occupier, Principal & Interest) (Advantage Package) home loan review

Overall rating   6 / 10

Some of the best rates and friendly service

The bank was quick to organise an advantage package and offer a reasonable discount . Being a smaller bank , the customer service is not impersonal and things can get done easily . The products might not have all the bells and whistles but are...

Full review

The bank was quick to organise an advantage package and offer a reasonable discount . Being a smaller bank , the customer service is not impersonal and things can get done easily . The products might not have all the bells and whistles but are very competitive.

    Price   8 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   5 / 10

    Trust   6 / 10

Less

Arup (VIC), reviewed almost 3 years ago

Bank of Melbourne

Bank of Melbourne Variable Home Loan (Owner Occupier, Principal & Interest) (Advantage Package) home loan review

Overall rating   9 / 10

Easily the most comfortable face to face customer

I found Bank of Melbourne to be amazingly beneficial in its appraisal, approach and professionalism when I dealt with my home loan. Easy stress free and now very rewarding.

Full review

I found Bank of Melbourne to be amazingly beneficial in its appraisal, approach and professionalism when I dealt with my home loan. Easy stress free and now very rewarding.

    Price   7 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Donny (VIC), reviewed almost 3 years ago

Bank of Melbourne

Bank of Melbourne Variable Home Loan (Owner Occupier, Principal & Interest) (Advantage Package) home loan review

Overall rating   0 / 10

Awful staff

They really deserve 0 stars. Worst bank ever. When we applied for our home loan, we were told that we would only be dealing with the lending manager or his assistant. It's only been 4 months and they've both moved to another branch...How useful....

Full review

They really deserve 0 stars. Worst bank ever. When we applied for our home loan, we were told that we would only be dealing with the lending manager or his assistant. It's only been 4 months and they've both moved to another branch...How useful. Offered us a refund of our first year annual account fee, then charged us anyway. Took us months of complaining to get it back, conveniently forgetting about our complaint each time. We also applied for a credit card, and was told by 2 different people at the bank that there was an offer of interest free for 12 months. Only after they charged us interest did they say actually our card is excluded. Again took many visits to the bank to sort this out. Unless you enjoy being scammed by the bank, please go elsewhere.

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

E (VIC), reviewed about 3 years ago

Bank of Melbourne

Bank of Melbourne Variable Home Loan (Owner Occupier, Principal & Interest) (Advantage Package) home loan review

Overall rating   10 / 10

Excellent , prompt customer service

Excellent service, well explained by courteous well qualified staff and management. One actually gets to meet the branch manager and talk over ones account-last time I did this was in England 1974 at the Midland Bank.

Full review

Excellent service, well explained by courteous well qualified staff and management. One actually gets to meet the branch manager and talk over ones account-last time I did this was in England 1974 at the Midland Bank.

    Price   9 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

David (VIC), reviewed about 3 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

*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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