Defence Bank Essentials Home Loan (Fixed)

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $1,500,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest, interest only loan between $50,000 and $1,500,000 with an LVR below 95%

The details shown below are for an investor taking out a interest only loan between $50,000 and $1,500,000 with an LVR below 95%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $50,000 $1,500,000

  • Investor (Principal & Interest, Interest Only)

    LVR < 95%

    Loan: $50,000 $1,500,000

  • Investor (Interest Only)

    LVR < 95%

    Loan: $50,000 $1,500,000

2.39% p.a.

3.54% p.a.

$8.00 monthly

Defence Bank Essentials Home Loan (Fixed)

2.39% p.a.

3.54% p.a.

$8.00 monthly

3.19% p.a.

3.74% p.a.

$8.00 monthly

Defence Bank Essentials Home Loan (Fixed)

3.19% p.a.

3.74% p.a.

$8.00 monthly

3.19% p.a.

3.74% p.a.

$8.00 monthly

Defence Bank Essentials Home Loan (Fixed)

3.19% p.a.

3.74% p.a.

$8.00 monthly

Details

Rates and fees information correct as at 4 April 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

  • 2.49% (3.77%*)

  • 2.39% (3.65%*)

  • 2.39% (3.54%*)

  • 2.89% (3.61%*)

  • 2.89% (3.55%*)

  • n/a

  • n/a

  • 3.72% p.a.

Fees
  • $0.00

  • $420.25

  • $205.25

  • $275.00

  • n/a

  • $8.00 monthly

  • $250.00

Other financial bits
  • $50,000

  • $1,500,000

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • no

  • none

  • yes

  • no

  • 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 4 April 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

  • 3.29% (3.84%*)

  • 3.19% (3.79%*)

  • 3.19% (3.74%*)

  • 3.29% (3.74%*)

  • 3.29% (3.71%*)

  • n/a

  • n/a

  • 3.72% p.a.

Fees
  • $0.00

  • $420.25

  • $205.25

  • $275.00

  • n/a

  • $8.00 monthly

  • $250.00

Other financial bits
  • $50,000

  • $1,500,000

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • no

  • none

  • yes

  • no

  • 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 4 April 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

  • 3.29% (3.84%*)

  • 3.19% (3.79%*)

  • 3.19% (3.74%*)

  • 3.29% (3.74%*)

  • 3.29% (3.71%*)

  • n/a

  • n/a

  • 3.72% p.a.

Fees
  • $0.00

  • $420.25

  • $205.25

  • $275.00

  • n/a

  • $8.00 monthly

  • $250.00

Other financial bits
  • $50,000

  • $1,500,000

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • no

  • none

  • yes

  • no

  • 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 Defence Bank home loans rated by the Mozo community?

Overall customer rating
7.8/10
Price
7.6/10
Features
7.3/10
Customer service
8.5/10
Convenience
7.8/10
Trust
8.0/10

Latest review of Defence Bank Essentials Home Loan (Fixed)

  • Overall 10/10
    Supportive

    This bank is small, although it has connections with the NAB. Although its interest rates may be higher than some other competitors, the support you receive from staff cannot be found at any other bank.

    Read full review

    This bank is small, although it has connections with the NAB. Although its interest rates may be higher than some other competitors, the support you receive from staff cannot be found at any other bank.

    Price
    6/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Geralyn, Australian Capital Territory reviewed almost 5 years ago
Defence Bank

About Defence Bank

Defence Bank was originally set up to provide financial products and services to members of the Defence force and their families. Now catering to the defence community and general public, Defence Bank offer services in savings and investment accounts, personal loans, home loans, credit cards, debit cards, term deposits and car insurance.

See Defence Bank home loans

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a. variable

2.59% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a. variable

2.65% p.a.

Promoted

ING

ING

Fixed Rate Loan (Owner Occupiers with Orange Advantage)

2.14% p.a.
fixed 3 years

3.62% p.a.

Promoted

HSBC

HSBC

Home Value Loan

2.65% p.a. variable

2.66% p.a.

Promoted

ME

ME

Flexible Home Loan (Member Package)

2.79% p.a. variable

3.23% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

2.94% p.a. variable

2.98% p.a.

Promoted

ING

ING

Mortgage Simplifier

2.78% p.a. variable

2.81% p.a.

Promoted

IMB Bank

IMB Bank

Fixed Home Loan

2.39% p.a.
fixed 3 years

3.08% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a. variable

2.59% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a. variable

2.65% p.a.

Promoted

ING

ING

Mortgage Simplifier

2.78% p.a. variable

2.81% p.a.

Promoted

HSBC

HSBC

Home Value Loan

2.65% p.a. variable

2.66% p.a.

Promoted

ME

ME

Flexible Home Loan (Member Package)

2.79% p.a. variable

3.23% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

2.94% p.a. variable

2.98% p.a.

Promoted

Gateway Bank

Gateway Bank

Low Rate Essentials Home Loan

2.76% p.a. variable

2.79% p.a.

Promoted

IMB Bank

IMB Bank

Budget Home Loan

2.78% p.a. variable

2.84% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.59% p.a.

2.59% p.a.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.63% p.a.

2.65% p.a.

Promoted

ING

ING

Mortgage Simplifier

2.78% p.a.

2.81% p.a.

Promoted

HSBC

HSBC

Home Value Loan

2.65% p.a.

2.66% p.a.

Promoted

ME

ME

Flexible Home Loan (Member Package)

2.79% p.a.

3.23% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

2.94% p.a.

2.98% p.a.

Promoted

Gateway Bank

Gateway Bank

Low Rate Essentials Home Loan

2.76% p.a.

2.79% p.a.

Promoted

Qudos Bank

Qudos Bank

Qantas Points Home Loan (Package)

3.14% p.a.

3.14% p.a.

Promoted

ING

ING

Fixed Rate Loan (Owner Occupiers with Orange Advantage)

2.14% p.a.
fixed 3 years

3.62% p.a.

Promoted

UBank

UBank

UHomeLoan (Fixed)

2.69% p.a.
fixed 3 years

3.00% p.a.

Promoted

IMB Bank

IMB Bank

Fixed Home Loan

2.39% p.a.
fixed 3 years

3.08% p.a.

Promoted

HSBC

HSBC

Fixed Rate Home Loan (Premier)

2.25% p.a.
fixed 3 years

3.12% p.a.

Promoted

UBank

UBank

UHomeLoan (Fixed)

2.84% p.a.
fixed 3 years

3.40% p.a.

Promoted

Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.39% p.a.
fixed 3 years

3.66% p.a.

Promoted

IMB Bank

IMB Bank

Fixed Home Loan

2.39% p.a.
fixed 3 years

3.08% p.a.

Promoted

Qudos Bank

Qudos Bank

Fixed Rate Home Loan

2.49% p.a.
fixed 3 years

2.94% 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.