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Basic Home Loan (LVR < 80%)

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • Extra repayments + redraw services
  • Free redraw facility
Cons:
  • Discharge fee at end of loan
  • Not available for self-employed borrowers
  • Repayments may increase if RBA raises rates

Details & Fees

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$40k - $100mCalculate how much you can borrow »
Total repayments
Total repayments
$434,520View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
5 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$400
Application fee
Application fee$0
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$200
Legal fee
Legal fee
$200
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$300
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$40k - $100mCalculate how much you can borrow »
Total repayments
Total repayments
$434,520View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
5 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$400
Application fee
Application fee$0
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$200
Legal fee
Legal fee
$200
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$300

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ME was founded in 1994 with the vision to help everyday Australians fulfil their dreams of owning their own home. ME, or Members Equity Bank, was created by a group of industry super funds. As such, all profits are distributed back to the super funds that own the bank. ME offers its customers a wide range of award-winning home loans, bank and transaction accounts, credit cards and business banking products. ME is an online-only bank with access to a network of mobile bankers instead of branches.

ME has won numerous awards, including Money Magazines award for the Cheapest Three-Year Fixed Home Loan and the Australian Lending Awards for Best Customer Experience.

ME Home Loan Calculator  
Interested in a ME home loan? RateCity has a suite of calculators that can show you what your repayments would be and how ME compares to its competitors. Simply plug in your borrowing amount below.

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