Macquarie Bank
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.
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Macquarie Bank home loan repayment calculator
Your estimated repayments
at interest rate 2.19 %
Total interest payable
$0
Total amount payable
$0
Pros and cons
- 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 rates
Product | Advertised Rate | Total estimated upfront fees | Comparison Rate* | Ongoing fee | Go to site | Company | |
|---|---|---|---|---|---|---|---|
2.19% Fixed - 3 years | $363 | 2.53% | $0 | | More details | ||
2.19% Fixed - 2 years | $363 | 2.56% | $0 | | More details | ||
2.24% Fixed - 3 years | $363 | 2.58% | $0 | | More details | ||
2.59% Variable | $363 | 2.59% | $0 | | More details | ||
2.19% Fixed - 1 year | $363 | 2.60% | $0 | | More details | ||
2.24% Fixed - 2 years | $363 | 2.61% | $0 | | More details | ||
2.29% Fixed - 3 years | $363 | 2.63% | $0 | | More details | ||
2.64% Variable | $363 | 2.64% | $0 | | More details | ||
2.64% Variable | $363 | 2.64% | $0 | | More details | ||
2.19% Fixed - 2 years | $363 | 2.65% | $0 | | More details | ||
2.24% Fixed - 1 year | $363 | 2.65% | $0 | | More details | ||
2.74% Fixed - 4 years | $363 | 2.67% | $0 | | More details | ||
2.34% Fixed - 3 years | $363 | 2.68% | $0 | | More details | ||
2.74% Fixed - 5 years | $363 | 2.68% | $0 | | More details | ||
2.19% Fixed - 1 year | $363 | 2.69% | $0 | | More details | ||
2.69% Variable | $363 | 2.69% | $0 | | More details | ||
2.24% Fixed - 2 years | $363 | 2.70% | $0 | | More details | ||
2.79% Fixed - 4 years | $363 | 2.72% | $0 | | More details | ||
2.79% Fixed - 5 years | $363 | 2.73% | $0 | | More details | ||
2.24% Fixed - 1 year | $363 | 2.74% | $0 | | More details | ||
2.74% Variable | $363 | 2.74% | $0 | | More details | ||
2.84% Fixed - 4 years | $363 | 2.77% | $0 | | More details | ||
2.84% Fixed - 5 years | $363 | 2.78% | $0 | | More details | ||
2.49% Fixed - 3 years | $363 | 2.79% | $0 | | More details | ||
2.79% Variable | $363 | 2.79% | $0 | | More details | ||
2.79% Variable | $363 | 2.79% | $0 | | More details | ||
2.19% Fixed - 3 years | $0 | 2.80% | $248 annually | | More details | ||
2.49% Fixed - 2 years | $363 | 2.82% | $0 | | More details | ||
2.89% Fixed - 4 years | $363 | 2.82% | $0 | | More details | ||
2.89% Fixed - 5 years | $363 | 2.83% | $0 | | More details | ||
2.19% Fixed - 2 years | $0 | 2.84% | $248 annually | | More details | ||
2.54% Fixed - 3 years | $363 | 2.84% | $0 | | More details | ||
2.24% Fixed - 3 years | $0 | 2.85% | $248 annually | | More details | ||
2.49% Fixed - 1 year | $363 | 2.85% | $0 | | More details | ||
2.59% Variable | $363 | 2.86% | $248 annually | | More details | ||
2.19% Fixed - 1 year | $0 | 2.87% | $248 annually | | More details | ||
2.54% Fixed - 2 years | $363 | 2.87% | $0 | | More details | ||
2.24% Fixed - 2 years | $0 | 2.89% | $248 annually | | More details | ||
2.89% Variable | $363 | 2.89% | $0 | | More details | ||
2.29% Fixed - 3 years | $0 | 2.90% | $248 annually | | More details | ||
2.54% Fixed - 1 year | $363 | 2.90% | $0 | | More details | ||
2.64% Variable | $363 | 2.91% | $248 annually | | More details | ||
2.69% Fixed - 3 years | $363 | 2.91% | $0 | | More details | ||
2.19% Fixed - 2 years | $0 | 2.92% | $248 annually | | More details | ||
2.24% Fixed - 1 year | $0 | 2.92% | $248 annually | | More details | ||
2.59% Fixed - 2 years | $363 | 2.92% | $0 | | More details | ||
2.74% Fixed - 4 years | $0 | 2.94% | $248 annually | | More details | ||
2.34% Fixed - 3 years | $0 | 2.95% | $248 annually | | More details | ||
2.59% Fixed - 1 year | $363 | 2.95% | $0 | | More details | ||
2.74% Fixed - 5 years | $0 | 2.95% | $248 annually | | More details | ||
2.19% Fixed - 1 year | $0 | 2.96% | $248 annually | | More details | ||
2.74% Fixed - 3 years | $363 | 2.96% | $0 | | More details | ||
2.24% Fixed - 2 years | $0 | 2.97% | $248 annually | | More details | ||
2.64% Fixed - 2 years | $363 | 2.97% | $0 | | More details | ||
2.94% Fixed - 4 years | $363 | 2.97% | $0 | | More details | ||
2.94% Fixed - 5 years | $363 | 2.97% | $0 | | More details | ||
2.79% Fixed - 4 years | $0 | 2.99% | $248 annually | | More details | ||
2.99% Variable | $363 | 2.99% | $0 | | More details | ||
2.64% Fixed - 1 year | $363 | 3.00% | $0 | | More details | ||
2.79% Fixed - 5 years | $0 | 3.00% | $248 annually | | More details | ||
2.24% Fixed - 1 year | $0 | 3.01% | $248 annually | | More details | ||
2.74% Variable | $363 | 3.01% | $248 annually | | More details | ||
2.99% Fixed - 5 years | $363 | 3.02% | $0 | | More details | ||
2.99% Fixed - 4 years | $363 | 3.02% | $0 | | More details | ||
2.84% Fixed - 4 years | $0 | 3.04% | $248 annually | | More details | ||
2.84% Fixed - 5 years | $0 | 3.05% | $248 annually | | More details | ||
2.49% Fixed - 3 years | $0 | 3.06% | $248 annually | | More details | ||
2.69% Fixed - 3 years | $363 | 3.06% | $0 | | More details | ||
2.79% Variable | $363 | 3.06% | $248 annually | | More details | ||
3.04% Fixed - 4 years | $363 | 3.07% | $0 | | More details | ||
3.04% Fixed - 4 years | $363 | 3.07% | $0 | | More details | ||
3.04% Fixed - 5 years | $363 | 3.07% | $0 | | More details | ||
3.04% Fixed - 5 years | $363 | 3.07% | $0 | | More details | ||
3.04% Fixed - 2 years | $363 | 3.08% | $0 | | More details | ||
3.04% Fixed - 3 years | $363 | 3.08% | $0 | | More details | ||
2.49% Fixed - 2 years | $0 | 3.09% | $248 annually | | More details | ||
2.89% Fixed - 4 years | $0 | 3.09% | $248 annually | | More details | ||
3.04% Fixed - 1 year | $363 | 3.09% | $0 | | More details | ||
3.09% Variable | $363 | 3.09% | $0 | | More details | ||
3.09% Variable | $363 | 3.09% | $0 | | More details | ||
2.69% Fixed - 2 years | $363 | 3.10% | $0 | | More details | ||
2.89% Fixed - 5 years | $0 | 3.10% | $248 annually | | More details | ||
2.54% Fixed - 3 years | $0 | 3.11% | $248 annually | | More details | ||
2.74% Fixed - 3 years | $363 | 3.11% | $0 | | More details | ||
2.49% Fixed - 1 year | $0 | 3.12% | $248 annually | | More details | ||
3.09% Fixed - 4 years | $363 | 3.12% | $0 | | More details | ||
3.09% Fixed - 5 years | $363 | 3.12% | $0 | | More details | ||
3.09% Fixed - 5 years | $363 | 3.12% | $0 | | More details | ||
3.09% Fixed - 4 years | $363 | 3.12% | $0 | | More details | ||
3.09% Fixed - 3 years | $363 | 3.13% | $0 | | More details | ||
3.09% Fixed - 2 years | $363 | 3.13% | $0 | | More details | ||
2.54% Fixed - 2 years | $0 | 3.14% | $248 annually | | More details | ||
3.09% Fixed - 1 year | $363 | 3.14% | $0 | | More details | ||
3.14% Variable | $363 | 3.14% | $0 | | More details | ||
2.69% Fixed - 1 year | $363 | 3.15% | $0 | | More details | ||
2.74% Fixed - 2 years | $363 | 3.15% | $0 | | More details | ||
2.89% Variable | $363 | 3.16% | $248 annually | | More details | ||
2.54% Fixed - 1 year | $0 | 3.17% | $248 annually | | More details | ||
2.69% Fixed - 3 years | $0 | 3.18% | $248 annually | | More details | ||
2.59% Fixed - 2 years | $0 | 3.19% | $248 annually | | More details |
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
✓ 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,