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Macquarie Bank home loans

Macquarie Group Limited (commonly known as Macquarie Bank) employs more than 14,000 staff in over 70 office locations across 28 countries. It is headquartered in Sydney.

Macquarie Bank provides a wide range of home loans, including mortgages for first homebuyers, investors, upgraders and renovators.

Customer service is available through the online service portal, mobile app, or via phone.

Mark Bristow
Mark Bristow

Personal Finance Editor

Content updated

Product data updated

Why choose Macquarie Bank


  • Large variety of home loan products to suit all borrowers
  • Flexible loan options
  • Ability to earn Qantas Points on some loans


  • Some loans have high fees
  • Limited physical branch network

Macquarie Bank Home Loans

Home Loans calculator

Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

Contact a mortgage broker

Macquarie Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

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Alisa Keattichaidumrong

Customer Representative Number: 542499
34 Google reviews

Get expert advice from a home loans specialist.

I started my career in finance back in 2011 where I had the opportunity to work in personal lending, credit assessment a...

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John Fulford

Customer Representative Number: 515694
6 Google reviews

Get expert advice from a home loans specialist.

John enjoy’s helping people achieve their goals and has a passion for property. For 2 years now at Newcastle Finance Br...

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broker profile picture


Customer Representative Number: 479649
21 Google reviews

Get expert advice from a home loans specialist.

I am a dedicated Finance and Mortgage Broker who put my clients first. I possess a wealth of knowledge and skills in the...

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Macquarie Bank customer service

Customers can contact Macquarie Bank by phone, or submit an online enquiry to have a Macquarie Bank home loan specialist make contact.

✓     Customer service centre (phone)

✓     Mobile app

✓     Online banking

✓     Email

✓     Mobile banking staff

How to apply for a Macquarie Bank home loan

Borrowers wanting to apply for a Macquarie Bank home loan can complete an online enquiry form or call a loan specialist directly. 

Before applying for a Macquarie Bank home loan, it’s important to think about how much you can afford to borrow and comfortably repay, as well as what other costs you need to include.

When you apply for a Macquarie Bank home loan, you’ll need to provide:

  • Proof of employment and income e.g. recent payslips
  • Proof of identity e.g. driver’s license or passport
  • Details of any assets, debts or liabilities, including car loans and personal loans

About Macquarie Bank home loans

Macquarie Bank offers home loans that could suit a wide range of customers, including:

  • Owner-occupier home loans
  • Investor home loans
  • Refinancing home loans
  • Construction loans

Additionally, Macquarie Bank home loans are available with a variety of interest rate and repayment options, including:

  • Principal and interest
  • Interest-only
  • Variable interest
  • Fixed interest
  • Split interest

Some Macquarie Bank mortgages include an offset account, which can let you use your savings to help reduce your interest charges.

Macquarie Bank home loans come with a maximum loan term of 30 years. Extra repayments are allowed on selected home loans, as are redraw facilities.

Macquarie Bank home loan rates

Macquarie Bank home loan interest rates tend to be moderately low to moderately high, depending on the amount being borrowed and the Loan to Value Ratio or LVR.

Typically, owner occupiers with smaller loans who can make a deposit of 20 per cent or more can secure some of the lowest interest rates.

At the other end of the spectrum, investors borrowing a significant amount with a low deposit are often charged some of the highest interest rates.

Borrowers can choose between a variable-rate home loan with Macquarie Bank, which may rise or fall over time, or a fixed-rate home loan, with an interest rate that will stay the same for up to 5 years, for simpler budgeting.

Macquarie Bank’s upfront fees for home loans tend to be very low, while ongoing fees range from very low to high depending on the home loan. Discharge fees may also apply at the end of the loan term.

Macquarie Bank home loans review

Macquarie Bank offers a reasonably wide range of home loans for different borrowers, such as owner-occupiers, investors and those looking to refinance their homes. It’s worth noting, however, that it does not offer low doc home loans.

While it may not necessarily offer the cheapest home loans on the market, Macquarie Bank nonetheless caters to a range of borrowers, and offers flexibility with home loan options such as offset accounts and redraw facilities on some home loans. Macquarie Bank's interest rates and fees are different for these different types of home loans.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.