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 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $749,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $750,000 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 $750,000 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 $749,999 with an LVR below 90%
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 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 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 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 $749,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $750,000 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 $749,999 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $750,000 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 | < 70% | $150,000 | $5,000,000 |
| | Owner Occupier | Principal & Interest | < 60% | $150,000 | $5,000,000 |
| | Owner Occupier | Principal & Interest | 70%-80% | $150,000 | $749,999 |
| | Owner Occupier | Principal & Interest | 70%-80% | $750,000 | $5,000,000 |
| | Owner Occupier | Principal & Interest | 80%-90% | $750,000 | $5,000,000 |
| | Owner Occupier | Principal & Interest | 80%-90% | $150,000 | $749,999 |
| | Investor | Principal & Interest | < 70% | $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 |
| | Owner Occupier, Investor | Interest Only | < 60% | $150,000 | $5,000,000 |
| | Investor | Principal & Interest | < 60% | $150,000 | $5,000,000 |
| | Investor | Principal & Interest | 70%-80% | $150,000 | $749,999 |
| | Investor | Principal & Interest | 70%-80% | $750,000 | $5,000,000 |
| | Investor | Principal & Interest | 80%-90% | $150,000 | $749,999 |
| | Investor | Principal & Interest | 80%-90% | $750,000 | $5,000,000 |
Owner Occupier (Principal & Interest)
LVR < 70%
Loan: $150,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR < 60%
Loan: $150,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR 70%-80%
Loan: $150,000 $749,999
Owner Occupier (Principal & Interest)
LVR 70%-80%
Loan: $750,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $750,000 $5,000,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $150,000 $749,999
Investor (Principal & Interest)
LVR < 70%
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
Owner Occupier, Investor (Interest Only)
LVR < 60%
Loan: $150,000 $5,000,000
Investor (Principal & Interest)
LVR < 60%
Loan: $150,000 $5,000,000
Investor (Principal & Interest)
LVR 70%-80%
Loan: $150,000 $749,999
Investor (Principal & Interest)
LVR 70%-80%
Loan: $750,000 $5,000,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $150,000 $749,999
Investor (Principal & Interest)
LVR 80%-90%
Loan: $750,000 $5,000,000
So you’ve found your dream home, now all that’s left is to find the right home loan to make it official. Well, with super-competitive variable interest rates from 2.49% p.a. (2.49% p.a. comparison rate*), minimal fees and tonnes of features like free extra repayments, a free redraw facility, a split account option, plus so much more, the Macquarie Basic Home Loan could do just the trick!
With low variable rates from 2.54% p.a. (2.54% p.a. comparison rate*) yes, you read that correctly) on owner-occupier loans between $150,000 and $5,000,000, with a 70% maximum LVR, let’s just say that the Macquarie Basic Home Loan is anything but ‘basic’!
The Macquarie Basic Home Loan offers variable rates from 2.64% p.a. (2.64% p.a. comparison rate*) for borrowers looking for an owner-occupier home loan option with an LVR above 80%. On the other hand, if you’re after an investor loan with a 70% maximum LVR, then variable rates start from 2.79% p.a. (2.79% p.a. comparison rate*).
On top of great rates, the Macquarie Basic Home Loan has loads of flexible features, such as the ability to make free extra loan repayments, as well as a free redraw facility, so you can dip into those extra repayments should you ever need access to extra funds.
But that’s not all, folks! Aside from a $400 discharge fee, the Macquarie Basic Home Loan has no regular fee charges, plus, it even offers a split account option, meaning you’ll be able to split between variable and fixed rates.
To top it all off, this home loan offers a frequent flyer option for an extra 0.05%, giving you 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 hot rates to fab features, the Macquarie Basic Home Loan could be a great option for Aussies looking to buy a new home, especially those with enough money set aside for the 30% minimum deposit required for the lowest 2.54% (2.54% comparison rate*) rate tier.
While the Macquarie Basic Home Loan doesn’t charge any regular account fees, keep in mind that there is a $400 discharge fee that you’ll need to budget for, plus you'll only be able to make your repayments on a monthly basis.
2.54% p.a.
n/a
n/a
n/a
2.54% 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.
2.49% p.a.
n/a
n/a
n/a
2.49% 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.
2.64% p.a.
n/a
n/a
n/a
2.64% 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
$749,999
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.
2.64% p.a.
n/a
n/a
n/a
2.64% 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
$750,000
$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.
3.04% p.a.
n/a
n/a
n/a
3.05% 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
$750,000
$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.
3.04% p.a.
n/a
n/a
n/a
3.05% 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
$749,999
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.
2.79% p.a.
n/a
n/a
n/a
2.80% 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.
2.99% p.a.
n/a
n/a
n/a
3.00% 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.
3.24% p.a.
n/a
n/a
n/a
3.25% 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.
3.09% p.a.
n/a
n/a
n/a
3.10% 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.
2.69% p.a.
n/a
n/a
n/a
2.69% 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.
2.89% p.a.
n/a
n/a
n/a
2.90% 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
$749,999
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.
2.89% p.a.
n/a
n/a
n/a
2.90% 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
$750,000
$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.
3.85% p.a.
n/a
n/a
n/a
3.86% 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
$749,999
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.
3.85% p.a.
n/a
n/a
n/a
3.86% 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
$750,000
$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.
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.
A lot more competitive than the big banks.
Read full reviewA lot more competitive than the big banks.
Online only mortgage provider. Better interactions than my previous provider.
Read full reviewOnline only mortgage provider. Better interactions than my previous provider.
Macquarie a global financial provider offers a variety of services to its clients. Macquarie provides a variety of products including banking, financial, advisory, investment and funds management services. Since its founding in 1969 Macquarie has become one of Australia's largest companies today.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Bank of Queensland
Fixed Rate
2.09% p.a.
fixed 3 years
3.01% p.a.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.99% p.a.
fixed 3 years
3.64% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Bank of Queensland
Economy
2.59% p.a.
2.76% p.a.
Bank of Queensland
Fixed Rate
2.09% p.a.
fixed 3 years
3.01% p.a.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.99% p.a.
fixed 3 years
3.64% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
$0.00
GMCU
Basic Variable
2.33% p.a.variable for 24 months and then 3.82% p.a.
3.71% p.a.
$8.00 monthly
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.
