Variable interest rates starting from 5.88% (6.19%)*
Compare Bank Australia home loan products, fees and featuresBank Australia is focused on a world where `people and the planet thrive`. They believe to be customer owned, meaning that the customers opinions are included in the changes that are made to enhance the bank further. They also support a progressive, fair and inclusive community focusing on inclusion and diversity. Not only is Bank Australia concentrated on its customers but also the environment itself, they are the only bank in the world that has a conservation reserve which houses hundreds of native plant and animal species. The reserve was opened to uphold customer concerns of climate change and global warming as well as protecting aboriginal land.
| Home Loan Product | Basic Home Loan | Bridging Loan | Premium Package | Premium Package CEHL |
|---|---|---|---|---|
| Lowest Variable Rate (Comparison Rate) | 6.13% (6.17%)* | 8.10% (8.15%)* | 6.13% (6.43%)* | 5.88% (6.19%)* |
| Max LVR | 60% | 75% | 60% | 90% |
| Min Loan Amount | $10,000 | $10,000 | $10,000 | $10,000 |
Product Fees | ||||
| Application | $595 | $595 | - | - |
| Settlement | - | - | - | - |
| Discharge | $350 | $350 | $350 | $350 |
| Ongoing Fee |
- (annually) |
- (annually) |
$350 (annually) |
$350 (annually) |
Are you trying to compare Bank Australia's interest rates, discharge fees, settlement fees or applicant fees?
We have over 20 years of experience working with different Australian Home Loan providers, including Bank Australia. Speak with Get a Better Rate and have an experienced Mortgage Broker help navigate your next home loan. Based in the Sydney CBD, Get a Better Rate partners with over 40 top Australia Home Loan providers, reach out for a chat today!
Let's TalkProduct Features | ||||
|---|---|---|---|---|
| Home Loan Product | Basic Home Loan | Bridging Loan | Premium Package | Premium Package CEHL |
| Repayment | Weekly, Fortnightly, Monthly | Weekly, Fortnightly, Monthly | Weekly, Fortnightly, Monthly | |
| Offset | ||||
| Redraw | ||||
| EFTPOS | ||||
| Debit Card | ||||
| BPay | ||||
| Internet Banking | ||||
| Bridging | ||||
| Construction |
Before you start the process, it's important to understand your goals and strategy. Whether you are refinancing to a lower interest rate, purchasing a new home or looking to renovate.
Use our home loan repayment calculator and compare repayments against what your budget.
Have your income statements
Prepare your expense budget
Know your monthly liabilities and credit card limits
Australian ID documents
The fixed rate graph is a representation of Bank Australia's historical fixed rates. It has been designed to provide you with context, in relations to rate cycles and where the current fixed rate sits within this cycle.
We have prepared a guide to help you better understand the potential benefits and limitations of fixing your home loan.
Bank Australia's current fixed rates are displayed above each graph. The graph contains historical rates which are not avalaible and are shown as a guide only. It is always recommended that you speak with your lender or mortgage broker, before fixing your home loan. It is important you understand the risks, such as potential breakfees or feature limitations such as redraw that may relate to your circumstance.
No matter what aspect of home loans you want to address with us, we have plenty of additional resources and tools to help you. Whether you want to compare home loans with the Bank Australia, calculate your loan repayments, or figure out how much you will save when you refinance your existing loan, Get a Better Rate has you covered.
