Variable Home Loan (LVR 60%-80%) (>$150k)
- Last updated on 09 Aug 2020
based on $300,000 loan amount for 25 years
- No ongoing fees
- 100% full offset account
- Extra repayments + redraw services
- Repayments may decrease if RBA cuts rates
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$150k - $250k
Principal & interest
Loan term range
5 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $20
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Total estimated upfront fees
Other upfront fee
Minimum SMSF Amount
Loan amount, inclusive of Lenders Mortgage Insurance (LMI) premium, with LVR of up to 95% is available but at different rate.
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.
RateCity wants to prove that it pays to check your home loan rate, and provide some extra motivation for doing so. We want to encourage people to take an active interest in their home loans, and gain a thorough understanding of what they’re paying and how much they could save.
You can only check your rates once. However we will send you, via email, the link to the result page so that you may return to it.
The winner will be chosen randomly from our entries on 21 May 2020 by Loyalty.com.au, in the presence of an independent scrutineer.
No. You can invite as many people to enter the competition as you like. Just remember that you’ll only get one extra entry in the competition for each invited friend that checks their own rate.
No. While we will do our best to show a list of loans that may