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Premium Home Loan Fixed 3 Years (LVR < 80%)

SpecialApply for a 3 month break in repayments for environmental upgrades to your home
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Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • 100% full offset account
  • Parents can sign as guarantor
Cons:
  • Limited extra repayments
  • Discharge fee at end of loan
  • Repayments won't decrease if RBA cuts rates

Fees and Features

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Fixed - 3 years
Borrowing range
Borrowing range
$10k - $100m
Total repayments
Total repayments
$429,120
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
100% offset account
Extra repayments
Extra repayments
Allowed with restrictions
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
$595.00
Application fee
Application fee
$595
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$250
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Fixed - 3 years
Borrowing range
Borrowing range
$10k - $100m
Total repayments
Total repayments
$429,120
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
100% offset account
Extra repayments
Extra repayments
Allowed with restrictions
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
$595.00
Application fee
Application fee
$595
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$250
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount

Compare and review home loans with similar features

Loan Profile
Advertised rate
Advertised rate
3.84%
Fixed - 3 years
Advertised rate
4.19%
Fixed - 3 years
Advertised rate
3.57%
Variable
Advertised rate
3.54%
Variable
Comparison rate*
Comparison rate*
4.32%
Comparison rate*
4.71%
Comparison rate*
3.58%
Comparison rate*
3.58%
Monthly repayment
Monthly repayment
$1,171
Monthly repayment
$1,221
Monthly repayment
$1,132
Monthly repayment
$1,128
Total repayments
Total repayments
$421,560
Total repayments
$439,560
Total repayments
$407,520
Total repayments
$406,080
Minimum deposit %
Minimum deposit %
10%
Minimum deposit %
5%
Minimum deposit %
20%
Minimum deposit %
20%
Loan term
Loan term
1 - 30 years
Loan term
1 - 30 years
Loan term
15 - 30 years
Loan term
1 - 30 years
Loan Fees
Estimated upfront fees
Estimated upfront fees
$0
Estimated upfront fees
$604.00
Estimated upfront fees
$0
Estimated upfront fees
$567.00
Legal fee
Legal fee
$0
Legal fee
$302
Legal fee
$0
Legal fee
$264
Valuation fee
Valuation fee
$0
Valuation fee
$0
Valuation fee
$0
Valuation fee
$303
Settlement fee
Settlement fee
$0
Settlement fee
$302
Settlement fee
$0
Settlement fee
$0
Discharge fee
Discharge fee
$250
Discharge fee
$350
Discharge fee
$325
Discharge fee
$535
Ongoing fee
Ongoing fee
$350 annually
Ongoing fee
$395 annually
Ongoing fee
$0
Ongoing fee
$0
Repayments Redraws
Extra repayments
Extra repayments
Allowed with restrictions
Extra repayments
Unlimited extra repayments
Extra repayments
Unlimited extra repayments
Extra repayments
Unlimited extra repayments
Interest Rate Options
Interest rate structure
Interest rate structure
Fixed - 3 years
Interest rate structure
Fixed - 3 years
Interest rate structure
Variable
Interest rate structure
Variable
Allows split interest
Allows split interest
Allows split interest
Allows split interest
Allows split interest
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Bank Australia is a Victoria-based mutual bank that is owned by its customers, rather than by shareholders. Beginning in 1957 as the Members and Education Credit Union, Bank Australia was renamed as bankmecu before adopting its current name in 2015. Bank Australia is based in Melbourne and has served tens of thousands of customers over its history.

Bank Australia offers a wide range of mortgages that charge competitive home loan interest rates.

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