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ME Flexible Home Loan

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan of at least $40,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $40,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $40,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $40,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $40,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $40,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $40,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $40,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan: $40,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $40,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $40,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $40,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $40,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $40,000

Rate
4.31% p.a.
Comparison Rate
4.34% p.a.
Service fee
$0.00
Upfront fee
$400
Rate
4.61% p.a.
Comparison Rate
4.64% p.a.
Service fee
$0.00
Upfront fee
$400
Rate
5.11% p.a.
Comparison Rate
4.67% p.a.
Service fee
$0.00
Upfront fee
$400
Rate
5.07% p.a.
Comparison Rate
5.10% p.a.
Service fee
$0.00
Upfront fee
$400
Rate
5.37% p.a.
Comparison Rate
5.40% p.a.
Service fee
$0.00
Upfront fee
$400
Rate
5.87% p.a.
Comparison Rate
5.43% p.a.
Service fee
$0.00
Upfront fee
$400
Rate
6.07% p.a.
Comparison Rate
5.69% p.a.
Service fee
$0.00
Upfront fee
$400

Details

Rates and fees information correct as at 19 January 2021. 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
  • 4.31% p.a.

  • n/a

  • n/a

  • n/a

  • 4.34% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 January 2021. 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
  • 4.61% p.a.

  • n/a

  • n/a

  • n/a

  • 4.64% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • 80.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 January 2021. 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
  • 5.11% p.a.

  • n/a

  • n/a

  • n/a

  • 4.67% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 January 2021. 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
  • 5.07% p.a.

  • n/a

  • n/a

  • n/a

  • 5.10% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 January 2021. 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
  • 5.37% p.a.

  • n/a

  • n/a

  • n/a

  • 5.40% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 January 2021. 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
  • 5.87% p.a.

  • n/a

  • n/a

  • n/a

  • 5.43% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 19 January 2021. 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
  • 6.07% p.a.

  • n/a

  • n/a

  • n/a

  • 5.69% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $200.00

  • $0.00

  • n/a

  • $0.00

  • $350.00

Other financial bits
  • $40,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • 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 ME home loans rated by the Mozo community?

Overall
8.5/10

Based on 942 ME home loan reviews

Price
8.4/10
Features
7.7/10
Customer service
8.5/10
Convenience
7.4/10
Trust
8.6/10

Latest reviews of ME Flexible Home Loan

  • Overall 1/10
    ME Bank - Lack of everything.

    Have been with ME Bank for 22 years. Have been laughed at and ridiculed for being on a disability pension, along with not being able to send emails through their web page. Have been waiting for 10 days for them to send a discharge form emailed through so we can start settlement process on selling our investment block. They wont answer the phone or cut you off if you do get through. Their customer service is non existent. They will end up losing all their customers. You never hear anything positive about their service anymore. Used to be awesome but now just really really really bad. Hope the new CEO has an interest in customer service.

    Read full review

    Have been with ME Bank for 22 years. Have been laughed at and ridiculed for being on a disability pension, along with not being able to send emails through their web page. Have been waiting for 10 days for them to send a discharge form emailed through so we can start settlement process on selling our investment block. They wont answer the phone or cut you off if you do get through. Their customer service is non existent. They will end up losing all their customers. You never hear anything positive about their service anymore. Used to be awesome but now just really really really bad. Hope the new CEO has an interest in customer service.

    Price
    1/10
    Features
    1/10
    Customer service
    1/10
    Convenience
    1/10
    Trust
    1/10
    Less
    Alison, Western Australia reviewed 5 months ago
  • Overall 0/10
    Dog act.

    Stay away from this bank. For all your needs look elsewhere, this bank has taken thousands of dollars from customer redraw accounts without permission.

    Read full review

    Stay away from this bank. For all your needs look elsewhere, this bank has taken thousands of dollars from customer redraw accounts without permission.

    Price
    0/10
    Features
    0/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10
    Less
    Marilyn, New South Wales reviewed 7 months ago
  • Overall 2/10
    Be prepared for a fight if you choose ME Bank.

    I have been a home loan customer of ME Bank for over 20 years. They started off great, with a local branch (within 25km), competitive interest rates and fees. Now there is no branch within 100km, their fees are still low but the interest rates are high. I have to continuously fight with them to get my interest rates lower. Over the last year or two I gave up fighting with them and the below is the result. My ME Bank home loan, I have 93% equity and my interest rate is 5.70%. I have another loan on an investment property with another bank, only 22% equity and an interest rate of 3.00%. The loans by ME Bank for new customers is lower than mine, so now I have to fight with them to lower my loans. I would not recommend ME bank at all.

    Read full review

    I have been a home loan customer of ME Bank for over 20 years. They started off great, with a local branch (within 25km), competitive interest rates and fees. Now there is no branch within 100km, their fees are still low but the interest rates are high. I have to continuously fight with them to get my interest rates lower. Over the last year or two I gave up fighting with them and the below is the result. My ME Bank home loan, I have 93% equity and my interest rate is 5.70%. I have another loan on an investment property with another bank, only 22% equity and an interest rate of 3.00%. The loans by ME Bank for new customers is lower than mine, so now I have to fight with them to lower my loans. I would not recommend ME bank at all.

    Price
    1/10
    Features
    4/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10
    Less
    Graeme, Western Australia reviewed 7 months ago
  • Overall 9/10
    Great customer service.

    Industry funds it, online easy to use.

    Read full review

    Industry funds it, online easy to use.

    Price
    7/10
    Features
    9/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10
    Less
    Scott, Western Australia reviewed about 1 year ago
  • Overall 8/10
    Rate a little high.

    The interest rate offered is a little high.

    Read full review

    The interest rate offered is a little high.

    Price
    5/10
    Features
    9/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10
    Less
    Jane, Australian Capital Territory reviewed about 1 year ago
Thumbnail icon for ME

About ME

ME stands for a new kind of banking - one that's fairer, more transparent and is committed to great deals for its customers. ME was created by Australia's leading super funds and has award-winning home loans and term deposits, low-cost savings accounts, country-wide ATM access and banking experts that come to you at your convenience.

See ME home loans

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2.47% p.a.

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fixed 3 years

2.27% p.a.

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2.19% p.a. variable

2.19% p.a.

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Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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Neat Home Loan

2.19% p.a. variable

2.20% p.a.

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Suncorp

Fixed Home Loan (Home Package Plus)

1.99% p.a.
fixed 3 years

2.90% p.a.

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Well Balanced

2.17% p.a. variable

2.20% p.a.

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

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2.34% p.a.

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2.19% p.a.

2.19% p.a.

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2.64% p.a.

2.64% p.a.

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2.19% p.a.

2.20% p.a.

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2.17% p.a.

2.20% p.a.

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2.49% p.a.

2.49% p.a.

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Back to Basics

2.54% p.a.

2.55% p.a.

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Fixed Home Loan

1.99% p.a.
fixed 3 years

2.70% p.a.

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UHomeLoan (Fixed)

1.95% p.a.
fixed 3 years

2.27% p.a.

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Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

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Basic Home Loan (Fixed)

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fixed 3 years

2.53% p.a.

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Well Balanced Fixed

2.04% p.a.
fixed 3 years

2.17% p.a.

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Fixed Home Loan (Home Package Plus)

2.19% p.a.
fixed 3 years

3.03% p.a.

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Fixed Rate Home Loan (Package)

1.99% p.a.
fixed 3 years

3.62% p.a.

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Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

$0.00

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UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

$0.00

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AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

$0.00

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86 400

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2.19% p.a.

2.20% p.a.

$0.00

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Well Balanced

2.17% p.a.

2.20% p.a.

$0.00

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Variable Home Loan Special

2.09% p.a.

2.12% p.a.

$0.00

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2.63% p.a.

$0.00

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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.