Rates on hold but market still awash with home loan bargains
The RBA has this afternoon announced that rates will remain on hold for the moment but banks are continuing to offer low interest rate deals for ideal borrowers with big deposits.
Interest rate structure
$50k - $100m
Principal & interest
Loan term range
1 - 30 years
Partial offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
Investors, Owner Occupiers
ACT, NSW, NT, QLD, SA, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
Arab Bank Australia is a subsidiary of Arab Bank plc which has the world’s largest network of Arab banks – over 500 branches in approximately 30 countries. Arab Bank was launched in Australia in 1986 and has its headquarters in Sydney, with branches in both Sydney and Melbourne.
Arab Bank Australia offers a range of everyday banking, home loans and international trading services. By partnering with leading Australian banks including Westpac, BankSA and Bank of Melbourne, Arab Bank Australia customers are able to use around 3000 ATMs Australia wide.
In 2007 Arab Bank Australia won three Money Magazine “Best of the Best” awards for their 3 Year Fixed Home Loan, 5 Year Fixed Investment Loan and premium Business Cheque Account. Three years later in 2010 it won “Best Savings Account”.
Interested in an Arab Bank Australia home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Arab Bank Australia compares to its competitors. Simply plug in your borrowing amount below.
A comparison rate calculates the cost of a $150,000 loan over 25 years. While a comparison rate is a good industry benchmark, it doesn’t consider your specific lending requirements.
Real Time RatingsTM factors in essential information like your loan size, your loan-to-value ratio (LVR), whether you want an offset account and whether you are an investor or an owner-occupier.