our fees and charges

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fees that may be payable before you settle.

   

Basic Home Loan

 

Flexible Home Loan

 

Application fee

 

 

free

 

free

 

Solicitor
fee

Our solicitors prepare the mortgage and attend to settlement and this fee covers some of our cost. It does NOT apply if you have a Member Package.

 

$200

 

$200

 

Valuation fee

If a valuation is needed, this fee is charged per property and covers some of our cost. It does NOT apply if you have a Member Package.

 

$200

 

$200

 

Agent fee

Payable at or before settlement if our external solicitors are required to instruct an agent to conduct settlement (e.g. if in a rural area)

 

$110

 

$110

 

Member package
fee

Payable if you choose to purchase a Member Package, at settlement, and on each anniversary.

 

Not available

 

$395

 

Lender's Mortgage Insurance (LMI)

Payable when the loan amount is greater than 80% of the property's value.

 

If LVR > 80% 

 

Government fees and charges

Government fees and charges apply.

 

As applicable per state

 

Other fees

Other fees may be payable for services including bank cheques and search fees.

As applicable per service

 

fees that may be payable after you settle.

   

Basic Home Loan

 

Flexible Home Loan

 

Standard Home Loan 

 

Ultimate Offset Account

 

Interest Only Investment Loan 

 

Redraw 

Withdraw extra money you have paid into your loan - on variable rate loans only.

 

Free

 

Free

 

Free

 

Free

 

Free

 

Extra Repayments 

 

up to 30k per fixed contract

 

Free

 

Free

 

Free

 

Free

 

Free

 

Fix/Split Variation

fee 

 

Charge (per request) to fix and/or split your loan. Free with the Member Package.

 

n/a

 

$250

 

 n/a

 

n/a

 

n/a

 

Rate Lock
fee 

 

Payable if you elect to lock in a fixed interest rate.

 

n/a

 

$500

 

n/a

 

 n/a

 

n/a

 

Top up fee

Payable when you top-up your home loan. It does not apply if you have a Member Package.

$250

$250

$250

$250

$250

Security discharge preparation fee 

 

Payable when we prepare a discharge of mortgage. Charged per property

 

$300

 

$300

 

$300

 

$300

 

$300

 

Security substitution fee 

 

Payable if we approve a request to substitute the security property for another property.

 

$200

 

$200

 

$200

 

$200

 

$200

 

Lender's Mortgage Insurance (LMI)

 

Payable when the loan amount is greater than 80% of the property's value.

 

 If LVR >80%    

Search fees

It may be necessary to conduct title or instrument searches or property enquiries. If so, you must pay us at or before settlement the actual cost incurred for such searches or enquiries.

 

 As applicable per state

 

Product variation fee 

 

Payable on an existing loan contract if you choose to change product types. i.e. from a Flexible Home Loan to a Basic Home Loan, or vice versa.

 

$250

 

 $250

 

$250

 

$250

 

$250

 

Duplicate of interim statement 

 

 

$5 per statement

 

$5 per statement

 

no fee

 

$5 per statement

 

no fee

 

Missed Payment fee 

 

Payable when you miss a scheduled payment for a facility by more than 5 days

 

$20

 

$20

 

n/a

 

n/a

 

n/a

 

Dishonour inward

 

 Direct entry initiated by ME

 

n/a n/a  $20  $20  $20 

Bank cheque fee

 

Payable if we provide you with a bank cheque, repurchase a bank cheque or replace a bank cheque

 

$10

 

$10

 

$10

 

$10

 

$10

 

Telegraphic transfer fee

 

Payable when you request us to make a payment for you via Telegraphic Transfer

 

$30

 

$30

 

n/a

 

$30

 

n/a

 

Prepayment fee

 

Payable if we incur a loss due to the early termination of a fixed interest rate period.

 

n/a

 

As per quote

 

Government fees and charges

 

Government fees and charges apply.

 

 As applicable per state 

Interest rate variation fee

 

Charge to fix your loan. This does not apply if you have a Member Package.

 

n/a

 

n/a

 

$250

 

$250

 

$250

 

Production of title fee

 

Payable to produce the title to the security property

 

$150

 

$150

 

$150

 

$150

 

$150

 

Consent to a dealing fee

 

Payable when we consent to a dealing with a property

 

$150

 

$150

 

$150

 

$150

 

$150

 

Cheque dishonour inward

 

Cheque payment initiated by another financial institution

 

n/a

 

n/a

 

$20

 

$20

 

$20

 

 

ultimate offset account – more stuff about fees.

EFTPOS

 

 

Free

 

Bank@Post

 

 

Free

 

ATM cash withdrawals and balance enquiries at ME Bank, Westpac, St George, Bank of Melb and Bank SA

 

 

Free

 

International ATM withdrawals

 

Withdrawals and enquiries at international ATMs may also incur an ATM operator fee charged by the ATM operator

 

$4 per withdrawal

Foreign currency conversion fee for cash withdrawals
and purchases

 Withdrawals and enquiries at international ATMs may also incur an ATM operator fee charged by the ATM operator

2.5% of AUD value

 

 Cheque written

 

 

 Free

 

Cheque dishonour outward

 

Direct entry initiated by another financial institution

 

$10

 

Dishonour outward

 

Direct entry initiated by another financial institution

 

$10

 

Cheque Trace

 

 

$15

 

Copy of vouchers

 

 

$5 per voucher or $60 per hour, whichever is the lesser