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Arab Bank Australia Ltd Prod logoArab 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 13 Oct 2026
Apply at Arab Bank Australia Limited ↗Product page ↗

At a glance

Variable (owner occ. P&I)
9.64%9.69% comparison
Max LVR
60%
Features
offset, redraw, extra repayments

Rates

Every rate Arab Bank Australia Ltd Prod publishes for this home loan, 2 in all.

TypeApplies toTermBandRateComparisonConditions
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% LVR6.50%6.54%Loan-to-Value Ratio and Repayment Term; Discount Rate 6.50% represents a discount of 3.14% off our Essentials Home Loan standard variable rate of 9.64%. This offer can be withdrawn at any time at the Bank's discretion. Rates are subject to…
VariableOwner occupied, P&I--9.64%9.69%Loan-to-Value Ratio and Repayment Term

Rate changes

2 changes logged, newest first.

DateRateWasNowChange
15 Oct 2026Discount, Owner occupied, P&I, ≤60% LVR6.25%6.50%up 0.25
13 Oct 2026Variable, Owner occupied, P&I9.39%9.64%up 0.25

Each change is logged the night it appears in the rates Arab Bank Australia Limited publishes. See how every lender answered the RBA on the rate tracker.

Fees

14 fees published, grouped by when they're charged.

  1. When you take it out$600Application Fee
  2. While you hold itNo fee published
  3. When you close it or pay it off$250Discharge of Security Fee

When you take it out1

  • Application Fee
    $600

When you make a transaction3

  • Redraw Fee (Online)
    $10
  • Redraw Fee (Over the Counter)
    $55
  • Search Fee

    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…

    $70

When particular things happen9

  • Additional Security Consent Fee

    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…

    $150
  • Arrears Letter Fee
    $35
  • Deed Production Fee

    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…

    $60
  • Direct Debit Dishonour Fee

    Payable whenever a direct debit to the Customer’s loan account is dishonoured.

    $35
  • Progress Payment Fee

    Payable whenever the Customer requests a progress payment. It does not include any fee payable for inspections by a quantity surveyor.

    $100
  • Rollover Fee

    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…

    $300
  • Tenanted Security Report Fee

    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…

    $100
  • Title Change Fee

    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…

    $100
  • Transfer Fee

    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…

    $300

When you close it or pay it off1

  • Discharge of Security Fee

    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…

    $250

Features

Offset accountRedrawExtra repaymentsDigital banking
  • Principal & Interest.
  • The Essentials Low Rate Home Loan Offer of 6.50% represents a discount of 3.14% off our Essentials Home Loan standard variable rate. of 9.64%. The discount of 3.14% is available for the life of the l…
  • Loan Purpose: Owner Occupied.
  • Up to 60% LVR, without Lender's Mortgage Insurance.

Eligibility and limits

  • Amount from $50,000, 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…

Published by Arab Bank Australia Limited under the Consumer Data Right, last changed by them on 13 Oct 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.