Arab Bank Australia Ltd Prod
Essentials Home Loan Special Offer
A lifetime discount on our competitive interest rate home loan product, the Essentials Home Loan.
Home loansBank updated 20 Aug 2026
At a glance
- Variable (owner occ. P&I)
- 9.39% · 9.44% comparison
- Max LVR
- 60%
- Features
- offset, redraw, extra repayments
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| DiscountThe comparison rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. Different amounts and terms will result in different Comparison Rates. | Owner occupied · P&I | — | ≤60% LVR | 6.25% | 6.29% | Loan-to-Value Ratio and Repayment Term; Discount Rate 6.25% represents a discount of 3.14% off our Essentials Home Loan standard variable rate of 9.39%. This offer can be withdrawn at any time at the Bank's discretion. Rates are subject to… |
| Variable | Owner occupied · P&I | — | — | 9.39% | 9.44% | Loan-to-Value Ratio and Repayment Term |
§ 02 — Fees · 14
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Additional Security Consent Fee | Event | $150 | — | Payable whenever the Customer asks the Bank to consent to a security interest over the security property or any other property subject to the security. It is payable whether or not the Bank consents… |
| Arrears Letter Fee | Event | $35 | — | — |
| Deed Production Fee | Event | $60 | — | Payable by the Customer whenever the Bank is required to produce a document to a government registry. It does not include any solicitor costs or fees payable to a government registry to register a do… |
| Direct Debit Dishonour Fee | Event | $35 | — | Payable whenever a direct debit to the Customer’s loan account is dishonoured. |
| Progress Payment Fee | Event | $100 | — | Payable whenever the Customer requests a progress payment. It does not include any fee payable for inspections by a quantity surveyor. |
| Rollover Fee | Event | $300 | — | Payable by the Customer at the end of a fixed rate period if the Customer chooses to rollover to another fixed interest rate for another fixed rate period rather than automatically converting to vari… |
| Tenanted Security Report Fee | Event | $100 | — | Per hour or part thereof - payable when the security property is to be the place of residence of the Customer and the Bank ascertains by inspection (because the Customer did not tell the Bank) that t… |
| Title Change Fee | Event | $100 | — | Payable if the Customer asks the Bank to change the title to any security property (for example as a result of a court order or by operation of law). It does not include any solicitor costs or fees p… |
| Transfer Fee | Event | $300 | — | Payable if the Customer asks the Bank to change the security property by releasing its security over some or all of the security property and taking security over different property, without any othe… |
| Discharge of Security Fee | Exit | $250 | — | Payable if the Bank agrees to discharge a security. The Bank may use some or all of this fee to pay its external costs. It does not include any solicitor costs or fees payable to a government registr… |
| Redraw Fee (Online) | Transaction | $10 | — | — |
| Redraw Fee (Over the Counter) | Transaction | $55 | — | — |
| Search Fee | Transaction | $70 | — | Per hour or part thereof - payable whenever the Customer (or a Guarantor) requests a copy of a document (other than a statement) connected to the Facility. It is calculated on the basis of the time t… |
| Application Fee | Upfront | $600 | — | — |
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
- · Principal & Interest.
- · Loan Purpose: Owner Occupied.
- · Up to 60% LVR, without Lender's Mortgage Insurance.
- · The Essentials Low Rate Home Loan Offer of 6.25% represents a discount of 3.14% off our Essentials Home Loan standard variable rate. of 9.39%. The discount of 3.14% is available for the life of the l…
§ 04 — Eligibility & limits
- · Amount $50,000 to no maximum
- · This offer is for new customers to the Bank and for customers of the Bank purchasing a new owner occupier property. You may avail of this offer if you have approached the Bank directly, not through a…
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Arab Bank Australia Limited under the Consumer Data Right, last changed by them on 20 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.