home loan rates.

Basic Home Loan  

Loan to Value Ratio (LVR)1

variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin
for new loans4
80% or less 4.09% p.a. 4.11% p.a. 4.44% p.a. -0.35% p.a.
more than 80% 4.74% p.a. 4.76% p.a. 4.44% p.a. +0.30% p.a.
Flexible Home Loan 
Loan to Value Ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin
for new loans4
80% or less 5.03% p.a. 5.05% p.a. 5.03% p.a. 0.00% p.a.
more than 80% 5.33% p.a. 5.35% p.a. 5.03% p.a. +0.30% p.a.
Flexible Home Loan with Member Package ($395 annual fee applies)
loan amount less than $150,000
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 4.83% p.a. 5.22% p.a. 4.83% p.a. 0.00% p.a.
above 80% and less than or equal to 90% 4.83% p.a. 5.22% p.a. 4.83% p.a. 0.00% p.a.
more than 90% 5.18% p.a. 5.57% p.a. 4.83% p.a. +0.35% p.a.
loan amount $150,000 to less than $400,000
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 3.94% p.a. 4.35% p.a. 4.83% p.a. -0.89% p.a.
above 80% and less than or equal to 90% 4.29% p.a. 4.69% p.a. 4.83% p.a. -0.54% p.a.
more than 90% 5.18% p.a. 5.57% p.a. 4.83% p.a. +0.35% p.a.
loan amount $400,000 to less than $700,000
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 3.89% p.a. 4.30% p.a. 4.83% p.a. -0.94% p.a.
above 80% and less than or equal to 90% 4.19% p.a. 4.59% p.a. 4.83% p.a. -0.64% p.a.
more than 90% 5.18% p.a. 5.57% p.a. 4.83% p.a. +0.35% p.a.
loan amount $700,000 or more
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 3.84% p.a. 4.25% p.a. 4.83% p.a. -0.99% p.a.
above 80% and less than or equal to 90% 4.09% p.a. 4.50% p.a. 4.83% p.a. -0.74% p.a.
more than 90% 5.18% p.a. 5.57% p.a. 4.83% p.a. +0.35% p.a.
Fixed rates5 
Flexible Home Loan With Member Package
($395 annual fee applies)
Term Interest rate Comparison rate6
Interest rate Comparison rate6
1 year 3.99% p.a. 4.95% p.a. 3.99% p.a.  4.35% p.a. 
2 years 4.09% p.a. 4.88% p.a. 4.09% p.a. 4.38% p.a. 
3 years 4.19% p.a. 4.82% p.a. 4.19% p.a.  4.41% p.a.
4 years 4.29% p.a. 4.79% p.a. 4.29% p.a. 4.47% p.a.
5 years 4.49% p.a. 4.82% p.a. 4.49% p.a. 4.57% p.a. 
6 years 5.49% p.a. 5.28% p.a. 5.49% p.a.  5.10% p.a.
7 years 5.49% p.a. 5.30% p.a. 5.49% p.a.  5.19% p.a.

Home loan products no longer sold.

standard home loan With Member Package
($395 annual fee applies)
Rate Comparison Rate Rate  Comparison Rate
Variable   5.03% p.a. 5.05% p.a. 4.83% p.a. 5.22% p.a.
Fixed  1 year 3.99% p.a. 4.95% p.a. 3.99% p.a. 5.14% p.a.
  3 years 4.19% p.a. 4.82% p.a. 4.19% p.a. 5.05% p.a.
  5 years 4.49% p.a. 4.82% p.a. 4.49% p.a. 5.08% p.a.
Ultimate Offset Account7

With Member Package
($395 annual fee applies)
Rate Comparison Rate Rate Comparison Rate
Variable   5.33% p.a. 5.35% p.a. 4.83% p.a. 5.23% p.a.
Fixed 1 year 3.99% p.a. 5.29% p.a. 3.99% p.a. 5.19% p.a.
  3 years 4.19% p.a. 5.20% p.a. 4.19% p.a. 5.14% p.a.
  5 years 4.49% p.a. 5.18% p.a. 4.49% p.a. 5.16% p.a.
Interest Only Investment Loan 
With Member Package
($395 application fee applies) 
Rate Comparison Rate Rate Comparison Rate
Variable   5.03% p.a. 5.05% p.a. 4.83% p.a. 5.22% p.a. 
Fixed 1 year 3.99% p.a. 4.95% p.a. 3.99% p.a. 5.14% p.a.
  3 year 4.19% p.a. 4.82% p.a. 4.19% p.a. 5.05% p.a.
  5 year 4.49% p.a. 4.82% p.a. 4.49% p.a. 5.08% p.a.

things you should know

Interest rates are current as at 8am 29-May-2017 and subject to change.

*Investment loan purpose includes but is not limited to, funds for shares, land, construction or an established dwelling (including refinance of investment loans) for investment purposes. For loans with mixed purpose, investment rates apply where a loan is used predominantly (greater than 50%) for investment purposes.


1Loan to Value Ratio (LVR) is the loan amount divided by the value of your property (determined by ME at assessment), multiplied by 100.


2The variable interest rate includes any applicable discounts/margins for new loans.


3Home Loan comparison rates calculated on a loan of $150,000 for a term of 25 years, repaid monthly. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.


4Discounts (-) and margins (+) may be applied to the product's variable reference rate. Discounts are offered to new home loan applications only, the discount cannot be used with any other rate promotion. Existing applications, internal refinances, top ups, additional advances or variations of existing home loans are not eligible. We may change or withdraw this discount at any time.


5A current fixed rate can be secured for 90 days by paying a $500 rate lock request fee. At settlement you will get the better of the two rates. You may have to pay a prepayment fee if you break a fixed rate contract. See here for more details. 


6This comparison rate applies only for loans with an LVR of 80% or less and a loan amount of $150,000 to less than $400,000.


7Ultimate Offset Account - Fixed rates are only available on split loans and part of the split loan must have a variable rate. The example given assumes that the loan is split 50/50 between variable rate and fixed rate portions.


Terms, conditions, fees and charges apply. Applications are subject to credit approval.

Basic Home Loan  

Loan to Value Ratio (LVR)1

variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin
for new loans4
80% or less 4.49% p.a. 4.51% p.a. 4.69% p.a. -0.20% p.a.
above 80% and less than or equal to 90% 5.19% p.a. 5.21% p.a. 4.69% p.a. +0.50% p.a.
Flexible Home Loan 
Loan to Value Ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin
for new loans4
80% or less 5.79% p.a. 5.81% p.a. 5.28% p.a. +0.51% p.a.
above 80% and less than or equal to 90% 6.09% p.a. 6.11% p.a. 5.28% p.a. +0.81% p.a.
Flexible Home Loan with Member Package ($395 annual fee applies)
loan amount less than $150,000
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 5.08% p.a. 5.47% p.a. 5.08% p.a. 0.00% p.a.
above 80% and less than or equal to 90% 5.08% p.a. 5.47% p.a. 5.08% p.a. 0.00% p.a.
loan amount $150,000 to less than $400,000
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 4.54% p.a. 4.94% p.a. 5.08% p.a. -0.54% p.a.
above 80% and less than or equal to 90% 4.74% p.a. 5.13% p.a. 5.08% p.a. -0.34% p.a.
loan amount $400,000 to less than $700,000
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 4.49% p.a. 4.89% p.a. 5.08% p.a. -0.59% p.a.
above 80% and less than or equal to 90% 4.64% p.a. 5.04% p.a. 5.08% p.a. -0.44% p.a.
loan amount $700,000 or more
loan to value ratio (LVR)1 variable interest
rate for new loans2
comparison
rate3
reference
rate
discount/margin for new loans4
80% or less 4.39% p.a. 4.79% p.a. 5.08% p.a. -0.69% p.a.
above 80% and less than or equal to 90% 4.54% p.a. 4.94% p.a. 5.08% p.a. -0.54% p.a.
Fixed rates5 
Flexible Home Loan With Member Package
($395 annual fee applies)
Term Interest rate Comparison rate6
Interest rate Comparison rate6
1 year 4.29% p.a. 5.66% p.a. 4.29% p.a.  4.91% p.a. 
2 years 4.39% p.a. 5.54% p.a. 4.39% p.a. 4.91% p.a. 
3 years 4.49% p.a. 5.45% p.a. 4.49% p.a.  4.92% p.a.
4 years 4.59% p.a. 5.39% p.a. 4.59% p.a. 4.95% p.a.
5 years 4.79% p.a. 5.39% p.a. 4.79% p.a. 5.04% p.a. 
6 years 6.29% p.a. 6.06% p.a. 6.29% p.a.  5.80% p.a.
7 years 6.29% p.a. 6.09% p.a. 6.29% p.a.  5.91% p.a. 
1 Year Fixed Interest In Advance 4.29% p.a. 5.66% p.a. 4.29% p.a. 4.91% p.a.

Home loan products no longer sold.

standard home loan With Member Package
($395 annual fee applies)
Rate Comparison Rate Rate  Comparison Rate
Variable   5.69% p.a. 5.71% p.a. 5.49% p.a. 5.87% p.a.
Fixed  1 year 4.29% p.a. 5.57% p.a. 4.29% p.a. 5.75% p.a.
  3 years 4.49% p.a. 5.38% p.a. 4.49% p.a. 5.60% p.a.
  5 years 4.79% p.a. 5.33% p.a. 4.79% p.a. 5.57% p.a.
Ultimate Offset Account7

With Member Package
($395 annual fee applies)
Rate Comparison Rate Rate Comparison Rate
Variable   5.99% p.a. 6.01% p.a. 5.49% p.a. 5.88% p.a.
Fixed 1 year 4.29% p.a. 5.93% p.a. 4.29% p.a. 5.82% p.a.
  3 years 4.49% p.a. 5.81% p.a. 4.49% p.a. 5.74% p.a.
  5 years 4.79% p.a. 5.76% p.a. 4.79% p.a. 5.73% p.a.
Interest Only Investment Loan 
With Member Package
($395 application fee applies) 
Rate Comparison Rate Rate Comparison Rate
Variable   5.69% p.a. 5.71% p.a. 5.49% p.a. 5.87% p.a. 
Fixed 1 year 4.29% p.a. 5.57% p.a. 4.29% p.a. 5.75% p.a.
  3 year 4.49% p.a. 5.38% p.a. 4.49% p.a. 5.60% p.a.
  5 year 4.79% p.a. 5.33% p.a. 4.79% p.a. 5.57% p.a.

 

things you should know

Interest rates are current as at 8am 29-May-2017 and subject to change.

*Investment loan purpose includes but is not limited to, funds for shares, land, construction or an established dwelling (including refinance of investment loans) for investment purposes. For loans with mixed purpose, investment rates apply where a loan is used predominantly (greater than 50%) for investment purposes.


1Loan to Value Ratio (LVR) is the loan amount divided by the value of your property (determined by ME at assessment), multiplied by 100.


2The variable interest rate includes any applicable discounts/margins for new loans.


3Home Loan comparison rates calculated on a loan of $150,000 for a term of 25 years, repaid monthly. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.


4Discounts (-) and margins (+) may be applied to the product's variable reference rate. Discounts are offered to new home loan applications only, the discount cannot be used with any other rate promotion. Existing applications, internal refinances, top ups, additional advances or variations of existing home loans are not eligible. We may change or withdraw this discount at any time.


5A current fixed rate can be secured for 90 days by paying a $500 rate lock request fee. At settlement you will get the better of the two rates. You may have to pay a prepayment fee if you break a fixed rate contract. See here for more details.


6This comparison rate applies only for loans with an LVR of 80% or less and a loan amount of $150,000 to less than $400,000.


7Ultimate Offset Account - Fixed rates are only available on split loans and part of the split loan must have a variable rate. The example given assumes that the loan is split 50/50 between variable rate and fixed rate portions.


Terms, conditions, fees and charges apply. Applications are subject to credit approval.