Add CategoryView and compare Bank Australia home loan offers. Find interest rates, fees and features of Bank Australia home loans.
| Lender | Home Loan | Interest Rate | Comparison Rate* | Monthly Repayment | Repayment type | Rate Type | Offset | Redraw | Ongoing Fees | Upfront Fees | LVR | Lump Sum Repayment | Additional Repayments | Split Loan Option | Link | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.69% p.a. | 6.37% p.a. | $2,319 | Principal & Interest | Fixed | $350 | $0 | 90% | |||||||||
5.79% p.a. | 6.40% p.a. | $2,344 | Principal & Interest | Fixed | $350 | $0 | 90% | |||||||||
5.88% p.a. | 6.38% p.a. | $2,367 | Principal & Interest | Variable | $350 | $0 | 90% | |||||||||
5.98% p.a. | 6.42% p.a. | $2,393 | Principal & Interest | Variable | $350 | $0 | 90% | |||||||||
5.99% p.a. | 6.14% p.a. | $2,396 | Principal & Interest | Fixed | $0 | $595 | 60% | |||||||||
6.09% p.a. | 6.18% p.a. | $2,421 | Principal & Interest | Fixed | $0 | $595 | 60% | |||||||||
5.99% p.a. | 6.16% p.a. | $2,396 | Principal & Interest | Fixed | $0 | $595 | 60% | |||||||||
5.99% p.a. | 6.14% p.a. | $2,396 | Principal & Interest | Fixed | $0 | $595 | 80% | |||||||||
6.09% p.a. | 6.18% p.a. | $2,421 | Principal & Interest | Fixed | $0 | $595 | 80% | |||||||||
5.99% p.a. | 6.47% p.a. | $2,396 | Principal & Interest | Fixed | $350 | $0 | 60% |
Important Information and Comparison Rate Warning
Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of .
Bank Australia launched in 1957 and become Australia's first customer-owned bank in 2011. Being customer-owned, the bank's profits are returned to its customers in the form of 'competitive' rates, 'fair fees', and 'quality' products and services.
Additionally, the bank invests up to 4% of its after tax profits to a range of social and environmental issues through its 'impact fund'. 100% of its workforce is based in Australia, and the majority of the bank's board is made up of women.
Offering ethical products - which are fee-free for low-income earners - the bank offers banking services and home loan products to its customers. Digital banking services include its app and mobile payments, as well as free access to over 3,000 rediATMs and the ATMs of all major banks.
Bank Australia offers a wide range of home loan products, as well as personal loans, car loans, credit cards, transactions accounts, insurance, and more, use the table above to find Bank Australia Interest Rates. In terms of home loans, it offers basic, bridging and premium home loan package options.
Applying for a home loan with Bank Australia can be done over the phone, online, or in person at a branch. In any case, you'll need the following details ready to get started with your application:
- Employment and income details - your salary and evidence of other income you may receive such as shares, rental property and government benefits
- Details of any assets you own - property, vehicles and superannuation
- Details of any existing liabilities - loan balances, repayment amounts and credit card or overdraft limits
If you are not a Bank Australia customer, you may need to verify your identity online by providing your driver’s licence, Medicare card or passport.