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% | $100,000 | |
|
Owner Occupier | Principal & Interest | 70%-80% | $100,000 | |
|
Owner Occupier | Interest Only | < 70% | $100,000 | |
|
Investor | Principal & Interest | < 70% | $100,000 | |
|
Owner Occupier | Principal & Interest | 80%-95% | $100,000 | |
|
Owner Occupier | Interest Only | 70%-80% | $100,000 | |
|
Investor | Principal & Interest | 70%-80% | $100,000 | |
|
Investor | Interest Only | < 70% | $100,000 | |
|
Investor | Principal & Interest | 80%-90% | $100,000 | |
|
Investor | Interest Only | 70%-80% | $100,000 | |
|
Investor | Interest Only | 80%-90% | $100,000 |
7.39% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.74% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
none |
|
70.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
7.49% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.84% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
70.00% |
|
80.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
7.98% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.32% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
none |
|
70.00% |
Owner Occupier |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
7.97% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.31% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
none |
|
70.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
7.79% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.13% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
80.00% |
|
95.00% |
Owner Occupier |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
8.08% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.42% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
70.00% |
|
80.00% |
Owner Occupier |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
8.07% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.41% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
70.00% |
|
80.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
8.26% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.60% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
none |
|
70.00% |
Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
8.37% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.71% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
80.00% |
|
90.00% |
Investor |
|
Principal & Interest |
|
Weekly, Fortnightly, Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
8.36% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.70% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
70.00% |
|
80.00% |
Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
8.11% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
8.45% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$100.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
none |
|
80.00% |
|
90.00% |
Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
$0.00 |
|
yes |
|
yes |
|
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.
As a real estate agent I’ve dealt with all of the majors banks and subsidiaries, BOM have the nicest staff, the best app and they make you feel like they have your back and are actually there to help.
Read full reviewAs a real estate agent I’ve dealt with all of the majors banks and subsidiaries, BOM have the nicest staff, the best app and they make you feel like they have your back and are actually there to help.
The refinancing process was so easy and seamless . The personalised service received was ofna very high standard.
Read full reviewThe refinancing process was so easy and seamless . The personalised service received was ofna very high standard.
We swapped to Bank of Melbourne because they had the best interest rate. It was fairly seamless but can’t say it was any different to other banks. Their app also needs some upgrades as it’s a few steps behind other apps i’ve used for banking
Read full reviewWe swapped to Bank of Melbourne because they had the best interest rate. It was fairly seamless but can’t say it was any different to other banks. Their app also needs some upgrades as it’s a few steps behind other apps i’ve used for banking
Bank of Melbourne have deteriorated. From being flexible to pushing higher rates with no real options. They also charge an annual $400 package fee which you can't negotiate out. There is no innovation and they make banking with your offset harder than ever before. Don't expect a phonecall or a health check on your account. Just when rates are going higher to make more interest on your account. Financial advice is the lease of their worries. #somebodythatweusedtoknow
Read full reviewBank of Melbourne have deteriorated. From being flexible to pushing higher rates with no real options. They also charge an annual $400 package fee which you can't negotiate out. There is no innovation and they make banking with your offset harder than ever before. Don't expect a phonecall or a health check on your account. Just when rates are going higher to make more interest on your account. Financial advice is the lease of their worries. #somebodythatweusedtoknow
Good value product, friendly staff, timely follow up on every enquiries updates.
Read full reviewGood value product, friendly staff, timely follow up on every enquiries updates.
Great Rate Home Loan
5.99% p.a. variable
6.01% p.a.
Basic Home Loan (Fixed)
5.69% p.a.
fixed 3 years
6.04% p.a.
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Express Home Loan (Fixed)
6.04% p.a.
fixed 3 years
6.21% p.a.
Basic Home Loan
6.14% p.a. variable
6.16% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.39% p.a.
fixed 3 years
6.59% p.a.
Great Rate Home Loan
5.99% p.a. variable
6.01% p.a.
Flex Home Loan
6.14% p.a. variable
6.38% p.a.
Express Home Loan
6.09% p.a. variable
6.22% p.a.
Elevate
6.18% p.a. variable
6.18% p.a.
Basic Home Loan
6.14% p.a.
6.16% p.a.
Great Rate Home Loan
5.99% p.a.
6.01% p.a.
Express Home Loan
6.09% p.a.
6.22% p.a.
OMG Home Loan
5.99% p.a.
6.02% p.a.
Elevate
6.18% p.a.
6.18% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Offset Home Loan (Package)
6.14% p.a.
6.39% p.a.
Basic Home Loan (Fixed)
5.69% p.a.
fixed 3 years
6.04% p.a.
Express Home Loan (Fixed)
6.04% p.a.
fixed 3 years
6.21% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.39% p.a.
fixed 3 years
6.59% p.a.
Fixed Home Loan Rate
5.59% p.a.
fixed 3 years
6.31% p.a.
Basic Home Loan (Fixed)
5.79% p.a.
fixed 3 years
6.10% p.a.
3 Year Fixed Rate Home Loan (Special Offer)
5.39% p.a.
fixed 3 years
6.59% p.a.
Great Rate Home Loan
5.99% p.a.
6.01% p.a.
$0.00
Home Value Loan
6.09% p.a.
6.09% p.a.
$0.00
OMG Home Loan
5.99% p.a.
6.02% p.a.
$0.00
Express Home Loan
6.09% p.a.
6.22% p.a.
$10.00 monthly
Basic Home Loan
6.14% p.a.
6.16% p.a.
$0.00
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.