Bank Australia home loans

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Compare Bank Australia home loans and find a competitive loan today.

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Bank Australia

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Find essential information about Bank Australia home loans on this page. Skip ahead to the full table of products or read more about Bank Australia home loans below.

Compare Bank Australia home loans

Compare Bank Australia home loans below. Hit "load more" to see a fuller selection of home loans and hit "Enquire now" to speak to a mortgage broker.

Data indicated here is updated regularly
$
years
Name Product Interest Rate (p.a.) Comp. Rate^ Application Fee Ongoing Fees Max LVR Monthly Payment
Bank Australia Basic Fixed Home Loan
2.09%
2.97%
$595
$0 p.a.
80%
$562.33
Bank Australia Premium Home Loan Package
2.39%
3.67%
$0
$350 p.a.
80%
$585.25
Bank Australia Basic Variable Home Loan
2.59%
2.63%
$595
$0 p.a.
70%
$600.83
This special rate mortgage has no ongoing fees and offers flexible repayments.
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Bank Australia lender profile

  • Bank Australia has been in business since 1957. It is a customer-owned bank without external shareholders.
  • Bank Australia is Australia's largest customer-owned bank and was formed when a number of credit unions joined forces.
  • The bank is also committed to responsible lending and investment, which includes investing in community projects and refusing to lend to the fossil fuel industry.

Bank Australia mortgage features

Bank Australia has mortgages for home buyers and investors, fixed and variable rates plus a line of credit loan.

FeatureDetails
Customer owned bankBank Australia is owned by its members. This means it can re-invest profits and pass on the savings to customers rather than shareholders.
DepositMost Bank Australia home loans let you borrow up to 80%. In other words, you need a 20% deposit.
Redraw facilityMost Bank Australia home loans come with a redraw facility.

How do I apply for a Bank Australia mortgage?

You can learn more about a specific Bank Australia mortgage by clicking through to that product's review page. Clicking the "Enquire now"' button will let you enter your details and get in touch with a mortgage broker who can help you apply for Bank Australia mortgage.

Eligibility

Each Bank Australia product have specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Bank Australia you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

  • Identification documents. You will need identification such as a driver's license, passport or birth certificate.
  • Proof of income documents. Recent payslips can establish your income.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

Detailed guide to home loan applications and paperwork

Looking for more mortgage options?

More guides on Finder

Home Loan Offers

Important Information*
Logo for Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)
Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)

Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply.

Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Up to $4,000 refinance cashback. With this competitive variable rate loan from St.George, refinancers borrowing $250,000+ can get up $4,000 cashback and borrow up to 90% of the property's value. (Terms, conditions & exclusions apply).

Logo for Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I
Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I

A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.

Logo for Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR ≤ 80% (Owner Occupier, P&I)
Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR ≤ 80% (Owner Occupier, P&I)

Get a competitive variable interest rate with no application fee or ongoing fees.

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2 Responses

    Default Gravatar
    RonJanuary 2, 2018

    Do you have personal loans , To pay off all my other debts . and at what interest

      Avatarfinder Customer Care
      DeeJanuary 3, 2018Staff

      Hi Ron,

      Thanks for your question.

      If you are looking to consolidate your debts, you may compare personal loans for consolidation here. The interest rate varies per lender and you can check these details in our comparison table. The lowest comparison rate that I can see is at 9.36%p.a.

      Please be mindful of the eligibility criteria for each loan before submitting your application.

      Cheers,
      Anndy

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