The Australian Military Bank was founded in 1959 and is Australia’s longest serving defence financial organisation with over $1 billion in total assets. Formerly the Australian Defence Credit Union, it was renamed the Australian Military bank in 2015.
The bank has over 50,000 members and over 30 branches at military bases around Australia. They offer home and personal loans, credit cards, savings accounts, insurance and superannuation, as well as financial planning and advice.
The Australian Military Bank has won numerous awards, including Money Magazine’s Best DIY Savings Account Award in 2016.
Australian Military Bank home loan calculator
Interested in an Australian Military Bank home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Australian Military Bank compares to its competitors. Simply plug in your borrowing amount below.
- Interest only option for investors.
- Discounted rates for large deposits.
- Flexible payment options.
- Relatively high variable rates.
- Branch access limited to military bases.
Home loan customers can contact the Australian Military Bank in a variety of ways. They have a general customer phone line and can also be contacted by email or online. Customers can also meet with a lending specialist in person at a local branch or request a call back via the Australian Military Bank website.
- Customer service centre (phone)
- Mobile app
- Online banking
Australian Military Bank home loans
Go To Site
Advertised rate4.39%Fixed - 3 years
Ongoing fee$8 monthly
Advertised rate4.19%Fixed - 2 years
Ongoing fee$8 monthly
Advertised rate4.44%Fixed - 3 years
Advertised rate4.33%Fixed - 2 years
How to Apply
Home loan customers at the Australian Military Bank can apply for a loan via an online application form. There is also the option to call or visit a lending specialist in person at an Australian Military Bank branch, or to make an appointment with a mobile lender at a preferred time and location.
Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include:
- Proof of personal identification.
- Proof of income and employment.
- Proof of other income, assets and earnings.
- Details of current debts, loans and liabilities.
- Personal insurance documents.