All loan, no baloney.

With one low variable rate, no application fee and zero account keeping fees1,
this is a no-nonsense loan that gets you home. If only everything was this simple.


Low variable rate.


No application fee,
no account-keeping fees1


Free redraws from available funds when you need them (min $500)


Loan to value ratiohelp_outlineInterest rate3
Comparison rate4
principal & interest
80% or less 4.09% p.a. 4.11% p.a.
More than 80% 4.76% p.a. 4.76% p.a.
80% or less 4.89% p.a. 4.91% p.a.
Loan to value ratiohelp_outlineInterest rate3
Comparison rate4
principal & interest
80% or less 4.49% p.a. 4.51% p.a.
above 80% and less than or equal to 90% 5.19% p.a. 5.21% p.a.
80% or less 5.29% p.a. 5.31% p.a.

Want more options and features?
Check out the whole home loan range.


Annual fee
Application fee
Redraw fee
Agent fee
Valuation fee
Solicitor fee
Minimum loan
Loan term
30 years
Repayment options
Weekly, fortnightly, or monthly
Borrowing capacity
Borrow up to 95% of the property value
Pay interest only
5 years for owner occupied, and for 10 years as an investor. Available when Loan to Value Ratio is 80% or less.
Lenders mortgage insurance
Charged if you borrow over 80% of the property's value. Amount varies.

Other fees may apply during the course of the loan.

Do the maths.

We've got a whole crate of home loan calculators to help you min/max your loan options.

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Borrowing power

Find out how big a slice you can borrow based on your earnings.

Serve it up
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Loan repayments

Tinker with the options and suss out your potential repayment amounts.

Get tinkering
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Extra Repayments

Get a taste of what your repayments will work out to be should you ever increase them.

Lick your loan

Contact us.

Call us

Got home loan questions? Give us a call on 13 15 63 and we’ll help you out.

13 15 63

Or don't

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get a call back

Face time.

Our home loan specialists come to you – and you choose the time and place.

book a meet up

Help and

  • Topping up your loan.

    Renovating? Planning a trip? You could top up your home loan to the tune of $20,000 or more to get the extra cash. (There is a $250 application fee, but it only applies if your top up application is successful.)

  • Who can take out loans with ME.

    To take out a home loan with ME you need to be 18 or older, and be a citizen or permanent resident of Australia or New Zealand.

  • Paying off your loan early.

    On a ME variable rate loan, you can make extra repayments as much as you want – and there’s no penalty for paying your loan off early.

  • Using your current property as loan security.

    If you’re planning on using your current property as security for a loan, it’ll need to be evaluated by one of ME’s property valuers. To check whether your property is likely to be suitable, get in touch on 13 15 63.

  • How interest rates are set.

    There are a few things that influence interest rates, but the main one is the ‘cash rate’ that’s set by the Reserve Bank of Australia. Whenever the Reserve Bank increases or decreases the cash rate, the Australian banks typically pass on the change to their customers – but not always.

    Sometimes, to balance the interest rates they’re paying for customer savings, the rates they’re paying to borrow from other financial institutions, and to increase profits for their shareholders, banks won’t pass on the full rate change to customers.

Step up your finance game.

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Pay down your home loan faster and save a bundle in the process.

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How to set budget goals.

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Stay in the loop.

Looking to get the jump on the housing market? Sign up to our regular article series for tips, tricks, and strategies on finding and buying the right property.

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the legal stuff.

(1) Solicitor, valuation and agent fees may apply.

(2) 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.

(3) Interest rates are current as at 17-Oct-2017 and are subject to change. The variable interest rate may include a discount or margin that is 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 any discount or margin at any time.

(4) Home Loan comparison rates are based 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.

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