Variable interest rates starting from 6.13% (6.16%)*
Compare ME home loan products, fees and featuresFounded in 1994 ME has been a big part of helping many Australians achieve their goals of becoming a homeowner. For over 27 years they have been supporting people providing them with different opportunities. They support many different communities and charities. They ensure that all customer data and information is protected and all they receive the appropriate privacy. With their large number of executives they are able to provide everyone with equal service that tailors to their individual needs. Their main goal is to support all customers and with this they are open to hearing opinions about the company to help them create the most beneficial service for all customers.
Up to $3,000 will put a spring in your step
Enjoy the flexibility of extra cash in your back pocket when you refinance your home loan to ME.
Available to owner occupiers and investors on all ME home loan products if you:
A $2,000 cash back offer is available on refinances of an existing home loan from another financial institution with a minimum new lending of $400,000 and a loan to value ratio (LVR) up to 80%. A $3,000 cash back offer is available on refinances of an existing home loan from another financial institution with a minimum new lending of $700,000 and an LVR of up to 80%. To be eligible for this offer, applications must be received from 8 September 2023 and settle within 120 days of the loan application date. Not available where any of the loan proceeds are for the refinance, restructure, switches or top ups of home loans from ME or from other lenders within the Bank of Queensland (BOQ) Group which includes BOQ, BOQ Specialist and Virgin Money (Australia).
This offer is available to Owner Occupier and Investors on all ME home loan products. Applications including any loan proceeds for Construction and owner occupied loans with interest only repayments are ineligible for the cashback offer. A home loan application involving both a purchase and refinance are not acceptable. Only one cash back can be received per qualifying home loan application regardless of the number of borrowers. In the case of multiple qualifying applications, only one cash back can be received per separate security property.
Eligible refinance applications received by ME prior to 8 September 2023 that also settled within 120 days of the loan application date will get the previously advertised cashback offer of $2,000 for minimum new lending of $250,000 with an LVR of less than 80%, or the previously advertised cashback offer of $4,000 for minimum new lending of $250,000 with an LVR of less than 60%.
The cash back amount will be paid within 60 days of loan settlement into the ME Everyday Transaction Account (ETA) held by the borrower first listed on the application. In the event the first listed borrower doesn't hold an ETA, the cash back will be credited to the home loan it applies to. Terms, conditions, fees and charges apply. Applications are subject to credit approval. The offer can be withdrawn or varied at any time.
| Home Loan Product | Basic Home Loan IO | Basic Home Loan P&I | Flexible Home Loan IO | Flexible Home Loan Member Package IO | Flexible Home Loan Member Package P&I | Flexible Home Loan P&I |
|---|---|---|---|---|---|---|
| Lowest Variable Rate (Comparison Rate) | 6.39% (6.42%)* | 6.13% (6.16%)* | 9.36% (9.40%)* | 6.39% (6.75%)* | 6.14% (6.50%)* | 8.65% (8.69%)* |
| Max LVR | 80% | 80% | 80% | 60% | 60% | 80% |
| Min Loan Amount | $40,000 | $150,000 | $40,000 | $400,000 | $400,000 | $40,000 |
Product Fees | ||||||
| Application | - | - | - | - | - | - |
| Settlement | $450 | $450 | $450 | $250 | $250 | $450 |
| Discharge | $350 | $350 | $350 | $350 | $350 | $350 |
| Ongoing Fee |
- - |
- - |
- - |
$395 (annually) |
$395 (annually) |
- - |
Are you trying to compare ME'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 ME. 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 IO | Basic Home Loan P&I | Flexible Home Loan IO | Flexible Home Loan Member Package IO | Flexible Home Loan Member Package P&I | Flexible Home Loan P&I |
| Repayment | Weekly, Fortnightly, Monthly | Weekly, Fortnightly, Monthly | Weekly, Fortnightly, Monthly | 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 ME'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.
ME'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 ME, 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.
