AMB Bank Product
Construction Loan
The Australian Military Bank Construction Loan is perfect for those wanting to build or renovate their homes. With interest only repayments to help you save during the construction period, our Construction Loan helps you to relax during this often stressful time. The Construction Home Loan is also available for DHOAS eligible applicants
Home loansBank updated 27 Aug 2026
At a glance
- Max LVR
- 98%
- Features
- extra repayments
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Owner occupied · Interest only | — | ≤98% LVR | 6.74% | 6.77% | — |
§ 02 — Fees · 15
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Archive retrieval fee | Event | $50 | — | A $50 hourly fee applies plus any expenses incurred |
| Arrears notice fee | Event | $20 | — | 2nd and subsequent reminders by letter or phone |
| Audit Certificate Fee | Event | $50 | — | Per audit certificate requested |
| Consent fee | Event | $250 | — | For 2nd or subsequent mortgages or lease registration |
| Construction Loan Drawdown fee | Event | $65 | — | — |
| Copies of statements (over 12 months) at branch or posted | Event | $5 | — | per page |
| Copies of statements (up to 12 months) at branch | Event | $2.50 | — | — |
| Copies of statements (up to 12 months) posted | Event | $1 | — | per page |
| Default notice fee | Event | $30 | — | Payable when a notice is issued regarding a default under the contract |
| Documentation re-issue fee | Event | $100 | — | + 3rd party costs |
| Mortgage discharge fee | Event | $120 | — | + 3rd party costs |
| RateSaver Switch Fee | Event | $100 | — | +3rd party costs- To switch to a RateSaver Loan |
| Switch/variation fee - home & investment loans | Event | $100 | — | + 3rd party costs -To switch or vary home loans (other than switching to RateSaver) |
| Paper statement fee (per statement) | Periodic | $2 | Every 3 mo | — |
| Processing fee | Upfront | $450 | — | — |
§ 03 — Features
Extra repaymentsRelationship Reward Program
- · Split Loan
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · Employment: Applicants must be currently employed or receiving a regular income. Self employed clients should contact the Bank prior to applying
- · Available to individuals
- · Amount $50,000 to $5,000,000
- · Maximum LVR 98%
- · the minimum loan term for home loans is 8 years.
- · Maximum loan term 30 years
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Australian Military Bank under the Consumer Data Right, last changed by them on 27 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.