If you’re after the security of fixed rates when you go to buy your home, check out Bank of us’ fixed rate home loan offers. You can borrow up to 95% of the property’s value but keep in mind you’ll pay an application fee if you're a borrower under the First Home Loan Deposit Scheme and an ongoing service fee if you're an investor. In terms of features, you’ll have the chance to make unlimited free extra repayments and to redraw funds, although fees and a minimum amount apply.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.19% p.a. |
6.80% p.a. |
$10.00 monthly |
$350 |
||
|
6.14% p.a. |
6.39% p.a. |
$0.00 |
$350 |
||
|
6.64% p.a. |
7.09% p.a. |
$0.00 |
$1,250 |
||
|
5.94% p.a. |
6.11% p.a. |
$0.00 |
$350 |
||
|
6.49% p.a. |
6.87% p.a. |
$10.00 monthly |
$350 |
||
|
6.29% p.a. |
6.46% p.a. |
$10.00 monthly |
$350 |
||
|
6.69% p.a. |
7.35% p.a. |
$10.00 monthly |
$1,250 |
There are a number of different variable rate home loan options from Bank of us which allow you to borrow up to 95% of the property’s price. All variable rate offers also come with unlimited free extra repayments and a redraw facility, although fees and a minimum amount apply to the latter. The Topline home loan also gives you the use of an offset account while the FlexiDiscount for first home buyers comes with the ability to split between fixed and variable rates. Depending which offer you choose, you might pay for a few upfront fees.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.86% p.a. |
7.00% p.a. |
$10.00 monthly |
$350 |
||
|
6.14% p.a. |
6.23% p.a. |
$0.00 |
$1,250 |
||
|
6.44% p.a. |
6.47% p.a. |
$0.00 |
$350 |
||
|
6.14% p.a. |
6.17% p.a. |
$0.00 |
$350 |
||
|
7.14% p.a. |
7.24% p.a. |
$0.00 |
$1,250 |
||
|
6.74% p.a. |
6.77% p.a. |
$0.00 |
$350 |
||
|
6.24% p.a. |
6.27% p.a. |
$0.00 |
$350 |
||
|
7.34% p.a. |
7.44% p.a. |
$0.00 |
$1,250 |
||
|
6.34% p.a. |
6.48% p.a. |
$10.00 monthly |
$350 |
||
|
7.34% p.a. |
7.54% p.a. |
$10.00 monthly |
$1,250 |
||
|
6.84% p.a. |
6.98% p.a. |
$10.00 monthly |
$350 |
||
|
6.94% p.a. |
6.97% p.a. |
$0.00 |
$350 |
||
|
6.44% p.a. |
6.47% p.a. |
$0.00 |
$350 |
||
|
7.44% p.a. |
7.54% p.a. |
$0.00 |
$1,250 |
Depending on which Bank of us variable loan you go with, you could have the use of an offset account to help keep interest costs down.
Pay off your home loan faster by making free additional repayments. Just keep in mind, if you pay your whole loan off before the fixed term is up, there could be early break fees.
Make your repayments weekly, fortnightly or monthly - whatever will suit your budget best.
Mozo users have rated Bank of us home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Seamless experience refinancing from another bank. Friendly and professional. Staff who want to see you in branch and local people on the phone. Was previously with another larger Tasmanian based provider who also operate on the mainland and there is no comparison. Their staff are always miserable and complaining! Bank of us is the real deal!
Read full reviewSeamless experience refinancing from another bank. Friendly and professional. Staff who want to see you in branch and local people on the phone. Was previously with another larger Tasmanian based provider who also operate on the mainland and there is no comparison. Their staff are always miserable and complaining! Bank of us is the real deal!
Awesome people at branch and great bank
Read full reviewAwesome people at branch and great bank
B&E is the best bank in Australia because of the friendly staff who go out of their way to serve you with a smile and they even know my name! Their interest rates are fabulous and they talk to you in an easy to understand manner and nothing is too much trouble to explain. We have been with B&E for over 40 years and would never consider changing to any other bank!
Read full reviewB&E is the best bank in Australia because of the friendly staff who go out of their way to serve you with a smile and they even know my name! Their interest rates are fabulous and they talk to you in an easy to understand manner and nothing is too much trouble to explain. We have been with B&E for over 40 years and would never consider changing to any other bank!
This bank is small enough to tailor their loans to the individual borrower. I have had bank accounts with the "big four" banks, but none could provide the individual service like B&E. I walk in the door and am greeted by my name. With Westpac and NAB, every time I enter the bank, the staff are different to the last time I visited. I am not recognised, I am just a number on a computer! If I ask for something a little different to their standard product line, no-one seems to have enough authority to approve and am told to return another day when someone else will be there. At B&E the comment was "what a great idea! We can organise that straight away". The branch manager has the authority to approve deals,without having to refer to higher authority.
Read full reviewThis bank is small enough to tailor their loans to the individual borrower. I have had bank accounts with the "big four" banks, but none could provide the individual service like B&E. I walk in the door and am greeted by my name. With Westpac and NAB, every time I enter the bank, the staff are different to the last time I visited. I am not recognised, I am just a number on a computer! If I ask for something a little different to their standard product line, no-one seems to have enough authority to approve and am told to return another day when someone else will be there. At B&E the comment was "what a great idea! We can organise that straight away". The branch manager has the authority to approve deals,without having to refer to higher authority.
To be addressed by name and greeted with a smile makes me feel valued and appreciated. The ladies at the counter are always cheerful and helpful. Always willing to help and explain any questions. The manager is fantastic and always helpful and considerate. Online banking is great and I just love my bank.
Read full reviewTo be addressed by name and greeted with a smile makes me feel valued and appreciated. The ladies at the counter are always cheerful and helpful. Always willing to help and explain any questions. The manager is fantastic and always helpful and considerate. Online banking is great and I just love my bank.
You can apply for a Bank of us home loan either in a branch or online. Here’s what you’ll need: