IMB Bank home loan repayment calculator

Thinking about taking out a home loan with IMB Bank? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how IMB Bank home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated repayments

at interest rate 2.61 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

  • IMB have a wide variety of home loan products to suit most borrowers.
  • IMB loans have flexible options.
  • Loans can be packaged with other products.
  • Some loans offer discounts on interest rates.
  • Some IMB loans are not available to refinancers and investors.
  • Some loans products include fees.

IMB Bank home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
Go to site
Company

2.61%

Variable

$799

2.67%

$0
IMB Bank
More details

2.78%

Variable

$799

2.84%

$0
IMB Bank
More details

2.98%

Variable

$799

2.86%

$0
IMB Bank
More details

3.08%

Variable

$799

2.96%

$0
IMB Bank
More details

1.97%

Fixed - 3 years

$799

2.97%

$6 monthly
IMB Bank
More details

2.29%

Fixed - 4 years

$799

2.99%

$6 monthly
IMB Bank
More details

2.59%

Fixed - 5 years

$799

3.04%

$6 monthly
IMB Bank
More details

2.09%

Fixed - 2 years

$799

3.08%

$6 monthly
IMB Bank
More details

2.98%

Variable

$0

3.12%

$10 monthly
IMB Bank
More details

3.08%

Variable

$799

3.14%

$0
IMB Bank
More details

2.19%

Fixed - 1 year

$799

3.18%

$6 monthly
IMB Bank
More details

3.28%

Variable

$0

3.24%

$10 monthly
IMB Bank
More details

3.38%

Variable

$799

3.26%

$0
IMB Bank
More details

3.23%

Variable

$799

3.29%

$0
IMB Bank
More details

3.34%

Fixed - 1 year

$799

3.29%

$6 monthly
IMB Bank
More details

3.36%

Intro 24 months

$799

3.30%

$0
IMB Bank
More details

3.34%

Fixed - 2 years

$799

3.30%

$6 monthly
IMB Bank
More details

3.71%

Intro 12 months

$799

3.32%

$10 monthly
IMB Bank
More details

3.34%

Fixed - 3 years

$799

3.32%

$6 monthly
IMB Bank
More details

3.18%

Variable

$799

3.37%

$10 monthly
IMB Bank
More details

3.74%

Fixed - 4 years

$799

3.46%

$6 monthly
IMB Bank
More details

3.33%

Variable

$0

3.49%

$10 monthly
IMB Bank
More details

3.48%

Variable

$799

3.49%

$10 monthly
IMB Bank
More details

3.74%

Fixed - 5 years

$799

3.50%

$6 monthly
IMB Bank
More details

2.64%

Fixed - 3 years

$799

3.56%

$6 monthly
IMB Bank
More details

3.09%

Fixed - 5 years

$799

3.58%

$6 monthly
IMB Bank
More details

2.79%

Fixed - 3 years

$799

3.60%

$6 monthly
IMB Bank
More details

2.79%

Fixed - 1 year

$799

3.75%

$6 monthly
IMB Bank
More details

3.59%

Fixed - 5 years

$799

3.78%

$6 monthly
IMB Bank
More details

3.19%

Fixed - 1 year

$799

3.79%

$6 monthly
IMB Bank
More details

4.71%

Variable

$799

4.77%

$0
IMB Bank
More details

5.01%

Variable

$799

4.90%

$0
IMB Bank
More details

5.28%

Variable

$799

5.34%

$0
IMB Bank
More details

5.58%

Variable

$799

5.47%

$0
IMB Bank
More details

IMB Bank customer service

IMB home loan customers can contact the bank via the customer support contact centre six days a week. Alternatively, home loan customers who prefer face-to-face banking can pop into a branch or book an appointment with an IMB mobile lender through the website. Customers also have the option of emailing their enquiry through an online contact form.

✓     Customer service centre (phone)

✓     Mobile app

✓     Online banking

✓     Email

✓     Branch

✓     Online Chat

✓     Mobile banking staff

How to Apply

IMB provides potential customers with multiple ways of applying for a home loan. This includes filling out an online application form, calling an IMB Loan Specialist or applying in person at an IMB Branch if you’re in NSW. 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 identification.
  • Proof of income – whether you are self-employed or work for an employer.
  • Information regarding your current debts, liabilities and assets.
  • Information relating to the property you are buying including a contract of sale.

Learn more about IMB Bank

What factors does Real Time Ratings consider?

Real Time RatingsTM uses a range of information to provide personalised results:

  • Your loan amount
  • Your borrowing status (whether you are an owner-occupier or an investor)
  • Your loan-to-value ratio (LVR)
  • Your personal preferences (such as whether you want an offset account or to be able to make extra repayments)
  • Product information (such as a loan’s interest rate, fees and LVR requirements)
  • Market changes (such as when new loans come on to the market)

How much information is required to get a rating?

You don’t need to input any information to see the default ratings. But the more you tell us, the more relevant the ratings will become to you. We take your personal privacy seriously. If you are concerned about inputting your information, please read our privacy policy.

What is a construction loan?

A construction loan is loan taken out for the purpose of building or substantially renovating a residential property. Under this type of loan, the funds are released in stages when certain milestones in the construction process are reached. Once the building is complete, the loan will revert to a standard principal and interest mortgage.

Mortgage Calculator, Repayment Frequency

How often you wish to pay back your lender. 

Remaining loan term

The length of time it will take to pay off your current home loan, based on the currently-entered mortgage balance, monthly repayment and interest rate.

Savings over

Select a number of years to see how much money you can save with different home loans over time.

e.g. To see how much you could save in two years by switching mortgages,  set the slider to 2.

What is the amortisation period?

Popularly known as the loan term, the amortisation period is the time over which the borrower must pay back both the loan’s principal and interest. It is usually determined during the application approval process.

What is an ombudsman?

An complaints officer – previously referred to as an ombudsman -looks at formal complaints from customers about their credit providers, and helps to find a fair and independent solution to these problems.

These services are handled by the Australian Financial Complaints Authority, a non-profit government organisation that addresses and resolves financial disputes between customers and financial service providers.

Mortgage Calculator, Loan Purpose

This is what you will use the loan for – i.e. investment. 

Do other comparison sites offer the same service?

Real Time RatingsTM is the only online system that ranks the home loan market based on your personal borrowing preferences. Until now, home loans have been rated based on outdated data. Our system is unique because it reacts to changes as soon as we update our database.

What is the ratings scale?

The ratings are between 0 and 5, shown to one decimal point, with 5.0 as the best. The ratings should be used as an easy guide rather than the only thing you consider. For example, a product with a rating of 4.7 may or may not be better suited to your needs than one with a rating of 4.5, but both are probably much better than one with a rating of 1.2.

How much are repayments on a $250K mortgage?

The exact repayment amount for a $250,000 mortgage will be determined by several factors including your deposit size, interest rate and the type of loan. It is best to use a mortgage calculator to determine your actual repayment size.

For example, the monthly repayments on a $250,000 loan with a 5 per cent interest rate over 30 years will be $1342. For a loan of $300,000 on the same rate and loan term, the monthly repayments will be $1610 and for a $500,000 loan, the monthly repayments will be $2684.

What is a valuation and valuation fee?

A valuation is an assessment of what your home is worth, calculated by a professional valuer. A valuation report is typically required whenever a property is bought, sold or refinanced. The valuation fee is paid to cover the cost of preparing a valuation report.

Mortgage Calculator, Property Value

An estimate of how much your desired property is worth. 

What does going guarantor' mean?

Going guarantor means a person offers up the equity in their home as security for your loan. This is a serious commitment which can have major repercussions if the person is not able to make their repayments and defaults on their loan. In this scenario, the bank will legally be able to the guarantor until the debt is settled.

Not everyone can be a guarantor. Lenders will generally only allow immediate family members to act as a guarantor but this can sometimes be stretched to include extended family depending on the circumstances.