AMB Bank ProductRateSaver Home Loan
Our simple vanilla loan with a super-low variable rate, unlimited additional repayments as well as the ability to redraw. The RateSaver Home Loan is also available for DHOAS eligible applicants
At a glance
- Variable (owner occ. P&I)
- 6.34%6.37% comparison
- Max LVR
- 98%
- Features
- redraw, extra repayments
How it compares
This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.54% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 69th lowest of 104, level with 5 others |
Rates
Every rate AMB Bank Product publishes for this home loan, 4 in all.
Variable rate by LVR
Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value
- ≤70%6.34%
- 70–80%6.54%
- 80–90%6.74%
- 90–98%6.99%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableAdvertised Rate | Owner occupied, P&I | - | ≤70% LVR | 6.34% | 6.37% | - |
| Variable | Owner occupied, P&I | - | 70–80% LVR | 6.54% | 6.57% | - |
| VariableAdvertised Rate | Owner occupied, P&I | - | 80–90% LVR | 6.74% | 6.77% | - |
| Variable | Owner occupied, P&I | - | 90–98% LVR | 6.99% | 7.02% | - |
Rate changes
4 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 15 Oct 2026 | Variable, Owner occupied, P&I, ≤70% LVR | 6.09% | 6.34% | up 0.25 |
| 15 Oct 2026 | Variable, Owner occupied, P&I, 70–80% LVR | 6.29% | 6.54% | up 0.25 |
| 15 Oct 2026 | Variable, Owner occupied, P&I, 80–90% LVR | 6.49% | 6.74% | up 0.25 |
| 15 Oct 2026 | Variable, Owner occupied, P&I, 90–98% LVR | 6.74% | 6.99% | up 0.25 |
Each change is logged the night it appears in the rates Australian Military Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
16 fees published, grouped by when they're charged.
- When you take it out$450RateSaver Processing fee
- While you hold it$2 every 3 monthsPaper statement fee (per statement)
- When you close it or pay it offNo fee published
When you take it out1
- RateSaver Processing fee
When borrowing in excess of 80% LVR
$450
While you hold it1
- Paper statement fee (per statement)$2 every 3 months
When you make a transaction1
- Redraw fee (per redraw)$10
When particular things happen13
- Archive retrieval fee
A $50 hourly fee applies plus any expenses incurred
From $50 - Arrears notice fee
2nd and subsequent reminders by letter or phone
$20 - Audit Certificate Fee
Per audit certificate requested
$50 - Consent fee
For 2nd or subsequent mortgages or lease registration
$250 - Copies of statements (over 12 months) at branch or posted
per page
$5 - Copies of statements (up to 12 months) at branch$2.50
- Copies of statements (up to 12 months) posted
per page
$1 - Default notice fee
Payable when a notice is issued regarding a default under the contract
$30 - Documentation re-issue fee
+ 3rd party costs
$100 - Mortgage discharge fee
+ 3rd party costs
$120 - Property valuation fee
At cost. Minimum is $250.00
From $250 - RateSaver Switch fee
+ 3rd party costs -To switch to RateSaver Home Loan
$100 - Switch/variation fee - home & investment loans
+ 3rd party costs- To switch or vary home loans (other than switching to RateSaver) Note: this fees is in addition to any break costs payable for fixed rate loans.
$100
Features
- Split Loan
Eligibility and 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
Compare it with others
Put this product through a calculator
Published by Australian Military Bank under the Consumer Data Right, last changed by them on 15 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.