The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 95%
The details shown below are for an owner occupier, investor taking out a interest only loan between $150,000 and $5,000,000 with an LVR below 60%
The details shown below are for an owner occupier, investor taking out a interest only loan between $150,000 and $5,000,000 with an LVR below 70%
The details shown below are for an owner occupier, investor taking out a interest only loan between $150,000 and $5,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 60%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 70%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 90%
Choose the version of this loan that suits you best
Availability | Loan type | LVR | Min loan amount | Max loan amount | |
---|---|---|---|---|---|
|
Owner Occupier | Principal & Interest | < 60% | $150,000 | $5,000,000 |
|
Owner Occupier | Principal & Interest | < 70% | $150,000 | $5,000,000 |
|
Owner Occupier | Principal & Interest | 70%-80% | $150,000 | $5,000,000 |
|
Owner Occupier | Principal & Interest | 80%-90% | $150,000 | $5,000,000 |
|
Owner Occupier | Principal & Interest | 90%-95% | $150,000 | $5,000,000 |
|
Owner Occupier, Investor | Interest Only | < 60% | $150,000 | $5,000,000 |
|
Owner Occupier, Investor | Interest Only | < 70% | $150,000 | $5,000,000 |
|
Owner Occupier, Investor | Interest Only | 70%-80% | $150,000 | $5,000,000 |
|
Investor | Principal & Interest | < 60% | $150,000 | $5,000,000 |
|
Investor | Principal & Interest | < 70% | $150,000 | $5,000,000 |
|
Investor | Principal & Interest | 70%-80% | $150,000 | $5,000,000 |
|
Investor | Principal & Interest | 80%-90% | $150,000 | $5,000,000 |
Owner Occupier (Principal & Interest)
LVR < 60%
Loan: $150,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $150,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR 70%-80%
Loan: $150,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $150,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $150,000 $5,000,000
Owner Occupier, Investor (Interest Only)
LVR < 60%
Loan: $150,000 $5,000,000
Owner Occupier, Investor (Interest Only)
LVR < 70%
Loan: $150,000 $5,000,000
Owner Occupier, Investor (Interest Only)
LVR 70%-80%
Loan: $150,000 $5,000,000
Investor (Principal & Interest)
LVR < 60%
Loan: $150,000 $5,000,000
Investor (Principal & Interest)
LVR < 70%
Loan: $150,000 $5,000,000
Investor (Principal & Interest)
LVR 70%-80%
Loan: $150,000 $5,000,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $150,000 $5,000,000
You’ve found your dream home, now all that’s left is to find the right home loan to make it official. Well, with competitive variable interest rates starting at 2.84% p.a. (2.84% p.a. comparison rate*), minimal fees and a range of features like free extra repayments, a free redraw facility and a split account option, the Basic Home Loan from Macquarie could be an option worth considering.
Let's start with the basics. The Macquarie Basic Home Loan is available to both owner occupiers and investors on loan amounts ranging from $100,000 up to $5,000,000, and there are both principal and interest and interest-only repayments options. In regards to the interest rate you'll receive, this will vary depending on all the factors above, as well as your loan-to-value ratio (LVR) as a borrower. Currently the lowest variable rates on offer with the Basic Home Loan are:
On top of competitive rates the Basic Home Loan has a number of flexible features, such as the ability to make free extra loan repayments and a free redraw facility that will enable you to dip into those extra repayments should you ever need access to extra funds. Plus, it even offers a split account option so you can split between variable and fixed rates.
To top it all off, the home loan offers a frequent flyer option for an extra 0.05%, giving borrowers the chance to earn 10,000 Qantas Points per $100,000 borrowed, 1,000 Points per month (on balances over $150,000) and 25,000 Points on your 3rd and 5th anniversary.
From low rates to handy features, the Macquarie Basic Home Loan could be a great option for all sorts of borrowers, especially those with enough money set aside to fall below the <60% LVR threshold required to get the lowest 2.84% p.a. (2.84% p.a. comparison rate*) rate.
While the Basic Home Loan does come with its fair share of features, there's no offset account available. So if that's a feature you can't do without, you may want to take a look at the Offset Home Loan (Package) from Macquarie instead.
2.84% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
2.84% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
none |
|
60.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
2.84% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
2.84% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
none |
|
70.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
2.89% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
2.89% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
70.00% |
|
80.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.19% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.19% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
80.00% |
|
90.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.76% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.76% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
90.00% |
|
95.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.24% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.24% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
none |
|
60.00% |
Owner Occupier, Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.34% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.34% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
none |
|
70.00% |
Owner Occupier, Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.64% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.64% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
70.00% |
|
80.00% |
Owner Occupier, Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
2.94% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
2.94% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
none |
|
60.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.04% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.04% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
none |
|
70.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.14% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.14% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
70.00% |
|
80.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
3.90% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
3.90% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$0.00 |
|
$400.00 |
$150,000 |
|
$5,000,000 |
|
80.00% |
|
90.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
no |
|
none |
|
Flyer option available for extra 0.05% to earn 10k Qantas Points per $100k borrowed, 1,000 Points per month on balances over $150k and 25k Points on 3rd and 5th anniversary. |
|
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.
If you are wealthy and don't fault you might be OK. If your average and get into trouble you will be shredded, even if there is a way out the will still mash you into the ground.
Read full reviewIf you are wealthy and don't fault you might be OK. If your average and get into trouble you will be shredded, even if there is a way out the will still mash you into the ground.
Disgusting attitude to customer Mental Health and suicide. Happy to provide info on how suicide could be used by the customer as a fix from foreclosure. Their Customer Advocate Department is just a tool they use for their benefit, completely shattering for the customer. Complaints department what can I say, I was thinking hard about offing myself after my last run-in with the manager there.
Read full reviewDisgusting attitude to customer Mental Health and suicide. Happy to provide info on how suicide could be used by the customer as a fix from foreclosure. Their Customer Advocate Department is just a tool they use for their benefit, completely shattering for the customer. Complaints department what can I say, I was thinking hard about offing myself after my last run-in with the manager there.
Like the offset accounts and rate of home loan, easy online functions, however some functions require forms to be completed instead of fully online.
Read full reviewLike the offset accounts and rate of home loan, easy online functions, however some functions require forms to be completed instead of fully online.
Good interest rate but not a good interest rate on their offset option.
Read full reviewGood interest rate but not a good interest rate on their offset option.
2-year 2.74% interest only for a construction loan. It was the fastest bank to approve during the pandemic and they were on the ball to get us set up whilst we rebuild our home. No cons so far.
Read full review2-year 2.74% interest only for a construction loan. It was the fastest bank to approve during the pandemic and they were on the ball to get us set up whilst we rebuild our home. No cons so far.
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$0.00
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$0.00
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3.22% 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.