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 | $10,000,000 |
|
Owner Occupier | Principal & Interest | 60%-70% | $150,000 | $10,000,000 |
|
Owner Occupier | Principal & Interest | 70%-80% | $150,000 | $10,000,000 |
|
Owner Occupier | Principal & Interest | 80%-90% | $150,000 | $10,000,000 |
|
Owner Occupier | Principal & Interest | 90%-95% | $150,000 | $10,000,000 |
|
Owner Occupier | Interest Only | < 60% | $150,000 | $10,000,000 |
|
Owner Occupier | Interest Only | 60%-70% | $150,000 | $10,000,000 |
|
Owner Occupier | Interest Only | 70%-80% | $150,000 | $10,000,000 |
|
Investor | Principal & Interest | < 60% | $150,000 | $10,000,000 |
|
Investor | Principal & Interest | 60%-70% | $150,000 | $10,000,000 |
|
Investor | Principal & Interest | 70%-80% | $150,000 | $10,000,000 |
|
Investor | Principal & Interest | 80%-90% | $150,000 | $10,000,000 |
|
Investor | Interest Only | < 60% | $150,000 | $10,000,000 |
|
Investor | Interest Only | 60%-70% | $150,000 | $10,000,000 |
|
Investor | Interest Only | 70%-80% | $150,000 | $10,000,000 |
The Offset Home Loan (Package) from Macquarie is made for borrowers wanting the lot from their home loan. Not only does it come with competitive variable rates starting from just 6.14% p.a. (6.39% p.a. comparison rate*), it boasts an offset account, redraw facility and the ability to make extra repayments among its features, along with a number of additional package perks.
Macquarie’s Offset Home Loan (Package) is available to owner occupiers and investors on loan amounts from $150,000 to $10,000,000, with both principal and interest and interest-only repayment options available. There are a whole range of variable interest rates on offer depending on the size of the loan and the repayment type you’re after, as well as your loan-to-value ratio (LVR). But the lowest rates currently available for different borrowers are:
6.14% p.a. (6.39% p.a. comparison rate*) for owner occupiers making principal and interest repayments with an LVR below 60%
6.34% p.a. (6.59% p.a. comparison rate*) for investors making principal and interest repayments with an LVR below 60%
There’s no shortage of features available to Macquarie mortgage customers who will be able to make free extra repayments and online redraws, split their loan into variable and fixed rate portions and even take a repayment holiday.
And as the name suggests, the loan also comes equipped with a 100% offset account which allows borrowers to reduce the amount of interest they’re paying while still having access to any money they offset. In fact, individual or joint borrowers will be able to open up to ten offset accounts per loan account.
How about the package perks? Offset Home Loan (Package) customers can receive an annual fee waiver and reduced purchase rate (for a limited time) on a number of Macquarie credit cards, plus they’ll have access to a linked debit card which can be used in Australia and abroad.
With its extensive feature list and additional perks, plus some competitive variable rates, Macquarie’s Offset Home Loan (Package) could prove good value for owner occupier and investor borrowers alike.
While there are no upfront fees to worry about budgeting for, this is a package loan, so there is a $248 yearly fee to consider. You'll also encounter a $350 legal fee and a $400 discharge fee. If you’re looking for a lower cost offer from Macquarie you may be interested in the Basic Home Loan or Basic Home Loan (Fixed) instead.
6.14% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.39% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
none |
|
60.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.14% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.39% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
60.00% |
|
70.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.19% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.44% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
70.00% |
|
80.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.39% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.64% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
80.00% |
|
90.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
7.19% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.43% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
90.00% |
|
95.00% |
Owner Occupier |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.50% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.75% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
none |
|
60.00% |
Owner Occupier |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.54% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.79% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
60.00% |
|
70.00% |
Owner Occupier |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.65% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.90% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
70.00% |
|
80.00% |
Owner Occupier |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.34% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.59% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
none |
|
60.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.34% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.59% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
60.00% |
|
70.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.45% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.70% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
70.00% |
|
80.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
7.29% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.53% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
80.00% |
|
90.00% |
Investor |
|
Principal & Interest |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.50% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.75% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
none |
|
60.00% |
Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.54% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.79% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
60.00% |
|
70.00% |
Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
6.65% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.90% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$350.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$248.00 yearly |
|
$400.00 |
$150,000 |
|
$10,000,000 |
|
70.00% |
|
80.00% |
Investor |
|
Interest Only |
|
Monthly |
|
yes - free |
|
yes |
|
yes - free |
|
none |
|
yes |
|
yes |
|
none |
|
Waived annual fee for credit card added to the home loan. |
|
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.
Stable bank with good online features. Not cheapest in market.
Read full reviewStable bank with good online features. Not cheapest in market.
We have been with Macquarie for over a year and a half. We have our mortgage with them and combined offset bank accounts. They are very competitive in terms of their interest rate. They have great customer service and good services. We like the fact that we can have up to 7 separate offset accounts which we use to put separate savings aside for. We haven’t had any issues however I know their customer service is great.
Read full reviewWe have been with Macquarie for over a year and a half. We have our mortgage with them and combined offset bank accounts. They are very competitive in terms of their interest rate. They have great customer service and good services. We like the fact that we can have up to 7 separate offset accounts which we use to put separate savings aside for. We haven’t had any issues however I know their customer service is great.
I moved to Macquarie about 3 years ago via a mortgage broker, there wasn't anything wrong with my previous provider. However what stood out with Macquarie was the multiple offset accounts for up to 10 accounts- great to help with cash flow and budgeting. Having an offset helps me pay less interest on my home loans as well as having a cash buffer which is vital in the current economic climate. I was offered a good interest rate and I find there internet banking and mobile app very easy to use and navigate. I find them more competitive than the big 4 main banks and would recommend them to my friends and family. My only complaint was I have found it difficult to get through to the bank when I need to speak in person, longer than normal wait times and this has been of some frustration in the past.
Read full reviewI moved to Macquarie about 3 years ago via a mortgage broker, there wasn't anything wrong with my previous provider. However what stood out with Macquarie was the multiple offset accounts for up to 10 accounts- great to help with cash flow and budgeting. Having an offset helps me pay less interest on my home loans as well as having a cash buffer which is vital in the current economic climate. I was offered a good interest rate and I find there internet banking and mobile app very easy to use and navigate. I find them more competitive than the big 4 main banks and would recommend them to my friends and family. My only complaint was I have found it difficult to get through to the bank when I need to speak in person, longer than normal wait times and this has been of some frustration in the past.
Macquarie Bank's home loan is excellent—competitive rates, great app functionality. The seamless experience, combined with their efficient service, makes managing your mortgage a breeze. Highly recommend!
Read full reviewMacquarie Bank's home loan is excellent—competitive rates, great app functionality. The seamless experience, combined with their efficient service, makes managing your mortgage a breeze. Highly recommend!
I just recently joined Macquarie Bank and so far so good. The management of funds has been relatively painless compared to other banks. We are considering them for future purchases/investments.
Read full reviewI just recently joined Macquarie Bank and so far so good. The management of funds has been relatively painless compared to other banks. We are considering them for future purchases/investments.
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Mortgage Simplifier
6.14% p.a. variable
6.17% p.a.
Flex Home Loan
6.24% p.a. variable
6.48% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
SMSF Home Loan (Variable)
6.99% p.a. variable
7.00% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Home Value Loan
6.09% p.a.
6.09% p.a.
$0.00
Elevate
6.09% p.a.
6.20% p.a.
$0.00
First Home Buyer Loan
5.90% p.a.
5.93% p.a.
$0.00
Basic Variable Home Loan
5.94% p.a.
5.99% p.a.
$0.00
First Home Buyer Advantage Plus Home Loan
5.99% p.a.
6.76% 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.