The Finance Algorithm
AMB Bank Product

1 Year Fixed Rate Home Loan

A Fixed Rate Home Loan gives you the best of both worlds - peace of mind with the certainty of fixed rates, without being locked in for a long period of time. The 1 Year Fixed Rate Home Loan is also available for DHOAS eligible applicants

Home loansBank updated 27 Aug 2026
At a glance
Fixed
1 yr 6.39%
Max LVR
98%
Annual fee
$9,000
Features
extra repayments
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
FixedOwner occupied · P&I1 yr fixed≤98% LVR6.39%6.91%
§ 02 — Fees · 17
FeeTypeAmountWhenNotes
Property valuation feeEnquiry$250At cost. Minimum is $250.00
Archive retrieval feeEvent$50Per hour fee applies plus any expenses incurred
Arrears notice feeEvent$202nd and subsequent reminders by letter or phone
Audit Certificate FeeEvent$50Per audit certificate requested
Consent feeEvent$250For 2nd or subsequent mortgages or lease registration
Copies of statements (over 12 months) at branch or postedEvent$5per page
Copies of statements (up to 12 months) at branchEvent$2.50
Copies of statements (up to 12 months) postedEvent$1per page
Default notice feeEvent$30Payable when a notice is issued regarding a default under the contract
Documentation re-issue feeEvent$100+ 3rd party costs
Fixed Rate Prepayment CostEvent$1Payable if you repay your fixed rate loan in full before the fixed interest rate period expires; or make partial prepayments greater than $10,000 in any year of the fixed rate period. The prepayment…
Mortgage discharge feeEvent$120+ 3rd party costs
RateSaver Switch feeEvent$100+ 3rd party costs- To switch to a RateSaver Loan
Switch/variation fee - home & investment loansEvent$100+ 3rd party costs-To switch or vary home loans (other than switching to RateSaver)
Fixed Rate Lock feePeriodic$750Every 1 mo
Paper statement fee (per statement)Periodic$2Every 3 mo
Processing feeUpfront$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 $150,000 to $5,000,000
  • · Maximum LVR 98%
  • · the minimum loan term for home loans is 8 years.
  • · Maximum loan term is 30 years
  • · Rate lock available for fixed rate home loans (owner-occupied and investment) if requested prior to formal approval.

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.