Bank of Melbourne
Fixed Rate Home Loan
Lock in a little certainty with a fixed interest rate for 1-5 years.
Home loansBank updated 18 Sept 2026
At a glance
- Fixed
- 1 yr 6.74% · 2 yrs 6.74% · 3 yrs 6.94% · 4 yrs 7.09% · 5 yrs 7.14%
- Max LVR
- 95%
- Annual fee
- $395
- Features
- redraw, extra repayments
§ 01 — Rates · 110
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · Interest only | 1 yr fixed | ≤70% LVR | 6.94% | 6.99% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · Interest only | 1 yr fixed | ≤70% LVR | 7.14% | 9.16% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · Interest only | 1 yr fixed | 70–80% LVR | 7.04% | 7.09% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · Interest only | 1 yr fixed | 70–80% LVR | 7.24% | 9.26% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · Interest only | 1 yr fixed | 80–90% LVR | 7.34% | 7.39% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · Interest only | 1 yr fixed | 80–90% LVR | 7.54% | 9.55% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · Interest only | 2 yrs fixed | ≤70% LVR | 6.94% | 7.02% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · Interest only | 2 yrs fixed | ≤70% LVR | 7.14% | 8.94% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · Interest only | 2 yrs fixed | 70–80% LVR | 7.04% | 7.12% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · Interest only | 2 yrs fixed | 70–80% LVR | 7.24% | 9.04% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · Interest only | 2 yrs fixed | 80–90% LVR | 7.34% | 7.42% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · Interest only | 2 yrs fixed | 80–90% LVR | 7.54% | 9.33% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · Interest only | 3 yrs fixed | ≤70% LVR | 7.19% | 7.12% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · Interest only | 3 yrs fixed | ≤70% LVR | 7.39% | 8.82% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · Interest only | 3 yrs fixed | 70–80% LVR | 7.29% | 7.22% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · Interest only | 3 yrs fixed | 70–80% LVR | 7.49% | 8.92% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · Interest only | 3 yrs fixed | 80–90% LVR | 7.59% | 7.52% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · Interest only | 3 yrs fixed | 80–90% LVR | 7.79% | 9.22% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · Interest only | 4 yrs fixed | ≤70% LVR | 7.39% | 7.24% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · Interest only | 4 yrs fixed | ≤70% LVR | 7.59% | 8.75% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · Interest only | 4 yrs fixed | 70–80% LVR | 7.49% | 7.34% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · Interest only | 4 yrs fixed | 70–80% LVR | 7.69% | 8.85% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · Interest only | 4 yrs fixed | 80–90% LVR | 7.79% | 7.64% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · Interest only | 4 yrs fixed | 80–90% LVR | 7.99% | 9.14% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · Interest only | 5 yrs fixed | ≤70% LVR | 7.39% | 7.29% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · Interest only | 5 yrs fixed | ≤70% LVR | 7.59% | 8.63% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · Interest only | 5 yrs fixed | 70–80% LVR | 7.49% | 7.39% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · Interest only | 5 yrs fixed | 70–80% LVR | 7.69% | 8.73% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · Interest only | 5 yrs fixed | 80–90% LVR | 7.79% | 7.69% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · Interest only | 5 yrs fixed | 80–90% LVR | 7.99% | 9.02% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · P&I | 1 yr fixed | ≤70% LVR | 6.84% | 6.99% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · P&I | 1 yr fixed | ≤70% LVR | 7.04% | 9.15% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · P&I | 1 yr fixed | 70–80% LVR | 6.94% | 7.09% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · P&I | 1 yr fixed | 70–80% LVR | 7.14% | 9.25% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · P&I | 1 yr fixed | 80–95% LVR | 7.24% | 7.38% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · P&I | 1 yr fixed | 80–95% LVR | 7.44% | 9.54% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · P&I | 2 yrs fixed | ≤70% LVR | 6.84% | 7.01% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · P&I | 2 yrs fixed | ≤70% LVR | 7.04% | 8.92% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · P&I | 2 yrs fixed | 70–80% LVR | 6.94% | 7.11% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · P&I | 2 yrs fixed | 70–80% LVR | 7.14% | 9.02% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · P&I | 2 yrs fixed | 80–95% LVR | 7.24% | 7.41% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · P&I | 2 yrs fixed | 80–95% LVR | 7.44% | 9.31% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · P&I | 3 yrs fixed | ≤70% LVR | 7.09% | 7.11% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · P&I | 3 yrs fixed | ≤70% LVR | 7.29% | 8.79% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · P&I | 3 yrs fixed | 70–80% LVR | 7.19% | 7.21% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · P&I | 3 yrs fixed | 70–80% LVR | 7.39% | 8.89% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · P&I | 3 yrs fixed | 80–95% LVR | 7.49% | 7.51% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · P&I | 3 yrs fixed | 80–95% LVR | 7.69% | 9.18% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · P&I | 4 yrs fixed | ≤70% LVR | 7.34% | 7.24% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · P&I | 4 yrs fixed | ≤70% LVR | 7.54% | 8.72% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · P&I | 4 yrs fixed | 70–80% LVR | 7.44% | 7.34% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · P&I | 4 yrs fixed | 70–80% LVR | 7.64% | 8.82% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · P&I | 4 yrs fixed | 80–95% LVR | 7.74% | 7.64% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · P&I | 4 yrs fixed | 80–95% LVR | 7.94% | 9.11% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Investment · P&I | 5 yrs fixed | ≤70% LVR | 7.34% | 7.30% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Investment · P&I | 5 yrs fixed | ≤70% LVR | 7.54% | 8.59% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Investment · P&I | 5 yrs fixed | 70–80% LVR | 7.44% | 7.40% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Investment · P&I | 5 yrs fixed | 70–80% LVR | 7.64% | 8.69% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Investment · P&I | 5 yrs fixed | 80–95% LVR | 7.74% | 7.70% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. | Investment · P&I | 5 yrs fixed | 80–95% LVR | 7.94% | 8.98% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Owner occupied · Interest only | 1 yr fixed | ≤70% LVR | 7.04% | 6.83% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Owner occupied · Interest only | 1 yr fixed | ≤70% LVR | 7.24% | 8.66% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · Interest only | 1 yr fixed | 70–80% LVR | 7.14% | 6.93% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Owner occupied · Interest only | 1 yr fixed | 70–80% LVR | 7.34% | 8.76% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Owner occupied · Interest only | 2 yrs fixed | ≤70% LVR | 7.04% | 6.88% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Owner occupied · Interest only | 2 yrs fixed | ≤70% LVR | 7.24% | 8.51% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · Interest only | 2 yrs fixed | 70–80% LVR | 7.14% | 6.98% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Owner occupied · Interest only | 2 yrs fixed | 70–80% LVR | 7.34% | 8.61% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Owner occupied · Interest only | 3 yrs fixed | ≤70% LVR | 7.29% | 7.01% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Owner occupied · Interest only | 3 yrs fixed | ≤70% LVR | 7.49% | 8.46% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · Interest only | 3 yrs fixed | 70–80% LVR | 7.39% | 7.11% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Owner occupied · Interest only | 3 yrs fixed | 70–80% LVR | 7.59% | 8.56% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Owner occupied · Interest only | 4 yrs fixed | ≤70% LVR | 7.49% | 7.15% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Owner occupied · Interest only | 4 yrs fixed | ≤70% LVR | 7.69% | 8.44% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · Interest only | 4 yrs fixed | 70–80% LVR | 7.59% | 7.25% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Owner occupied · Interest only | 4 yrs fixed | 70–80% LVR | 7.79% | 8.54% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. | Owner occupied · Interest only | 5 yrs fixed | ≤70% LVR | 7.49% | 7.22% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. | Owner occupied · Interest only | 5 yrs fixed | ≤70% LVR | 7.69% | 8.36% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · Interest only | 5 yrs fixed | 70–80% LVR | 7.59% | 7.32% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. | Owner occupied · Interest only | 5 yrs fixed | 70–80% LVR | 7.79% | 8.46% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. For Gov… | Owner occupied · P&I | 1 yr fixed | ≤70% LVR | 6.74% | 6.80% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 1 yr fixed | ≤70% LVR | 6.94% | 8.63% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · P&I | 1 yr fixed | 70–80% LVR | 6.84% | 6.90% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 1 yr fixed | 70–80% LVR | 7.04% | 8.73% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Owner occupied · P&I | 1 yr fixed | 80–95% LVR | 7.14% | 7.20% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may… | Owner occupied · P&I | 1 yr fixed | 80–95% LVR | 7.34% | 9.02% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. For Gov… | Owner occupied · P&I | 2 yrs fixed | ≤70% LVR | 6.74% | 6.84% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 2 yrs fixed | ≤70% LVR | 6.94% | 8.45% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · P&I | 2 yrs fixed | 70–80% LVR | 6.84% | 6.93% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 2 yrs fixed | 70–80% LVR | 7.04% | 8.55% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Owner occupied · P&I | 2 yrs fixed | 80–95% LVR | 7.14% | 7.23% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may… | Owner occupied · P&I | 2 yrs fixed | 80–95% LVR | 7.34% | 8.84% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. For Gov… | Owner occupied · P&I | 3 yrs fixed | ≤70% LVR | 6.94% | 6.92% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 3 yrs fixed | ≤70% LVR | 7.14% | 8.35% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · P&I | 3 yrs fixed | 70–80% LVR | 7.04% | 7.02% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 3 yrs fixed | 70–80% LVR | 7.24% | 8.45% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Owner occupied · P&I | 3 yrs fixed | 80–95% LVR | 7.34% | 7.32% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may… | Owner occupied · P&I | 3 yrs fixed | 80–95% LVR | 7.54% | 8.74% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. For Gov… | Owner occupied · P&I | 4 yrs fixed | ≤70% LVR | 7.09% | 7.03% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 4 yrs fixed | ≤70% LVR | 7.29% | 8.28% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · P&I | 4 yrs fixed | 70–80% LVR | 7.19% | 7.12% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 4 yrs fixed | 70–80% LVR | 7.39% | 8.38% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Owner occupied · P&I | 4 yrs fixed | 80–95% LVR | 7.49% | 7.42% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may… | Owner occupied · P&I | 4 yrs fixed | 80–95% LVR | 7.69% | 8.67% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for an annual package fee. T&Cs apply. For Gov… | Owner occupied · P&I | 5 yrs fixed | ≤70% LVR | 7.14% | 7.10% | — |
| FixedThe rates include our 0.10% p.a. discount for LVRs+ up to 70%. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 5 yrs fixed | ≤70% LVR | 7.34% | 8.20% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and other product savings, for… | Owner occupied · P&I | 5 yrs fixed | 70–80% LVR | 7.24% | 7.20% | — |
| FixedOur standard interest rate applies if you're borrowing above 70% and up to 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may differ. | Owner occupied · P&I | 5 yrs fixed | 70–80% LVR | 7.44% | 8.30% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. Our Advantage Package gives you a 0.20% interest rate discount and ot… | Owner occupied · P&I | 5 yrs fixed | 80–95% LVR | 7.54% | 7.50% | — |
| FixedAn extra 0.30% p.a. will be applied on top of our standard interest rate if you?re borrowing above 80% of our property valuation. For Government's home guarantee scheme-backed loans, maximum LVR may… | Owner occupied · P&I | 5 yrs fixed | 80–95% LVR | 7.74% | 8.59% | — |
§ 02 — Fees · 10
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Break Cost fee | Event | Varies | — | Break costs: $30,000 prepayment threshold for the entire fixed period without break costs or fees applying. |
| Document Processing Fee | Event | $100 | — | The Settlement Processing Fee, is a fee charged as apart of the fees for Loan Establishment. It is the fee charged for the processing of settlement services. These can include document validation, va… |
| Fixed Rate - Lock-In Fee | Event | 0.15% of balance | — | Rate Lock: Bank of Melbourne will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences, unless the customer locks a fixed rate in on the loan… |
| Property Valuer Fee | Event | Varies | — | Fee may be payable if a valuation is needed. The amount is dependent on property location and value. |
| Loan Discharge Fee | Exit | $350 | — | Per Mortgage |
| Missed Payment Fee | Late payment | $15 | — | Fee payable when we send customer an arrears letter relating to an overdue amount |
| Annual Advantage Package Fee | Periodic | $395 | Every 1 yr | — |
| Loan Account Fee | Periodic | $8 | Every 1 mo | This fee is waived for Customers that have Premier Advantage Package (other fees apply) |
| Lenders Mortgage Insurance Premium | Upfront | Varies | — | If your deposit is less than 20% then Lenders Mortgage Insurance is usually required. There may be other circumstances where Lenders Mortgage Insurance is also required. As Lenders Mortgage Insurance… |
| Lending Establishment Fee | Upfront | $600 | — | This fee is waived for Customers that have Premier Advantage Package (other fees apply) |
§ 03 — Features
RedrawExtra repaymentsGuarantor optionDigital bankingFraud protectionRelationship manager
- · Flexible repayments : Choose to make your repayments weekly, fortnightly or monthly
- · Lock in a fixed rate - Lock in your fixed rate when you apply, so if rates rise before you settle, you won?t be affected (fees apply).
- · Interest in advance : Choose to pay interest in advance on investment loans and get 0.2% p.a. off the fixed interest rate for the interest in advance period.
- · Family Pledge : Use the equity in a family member's home to help you on your home buying journey and maximise the amount you can borrow.
- · At the end of your fixed rate period, choose to re-fix your interest rate for another fixed rate period or let it revert automatically to our standard variable interest rate
- · Option to Loan Split/Subsequent Loan Sequence
- · The product includes a combination loan feature.
- · The product provides options which includes reduced repayment, repayment holiday and portability features
- · The product includes a Relocation Loan End Debt feature
- · The product includes Switching (from another product) feature
- · Loan Payment Method - Direct Credit, Direct Debit (preferred), Branch Payment, Internet or Phone Banking
- · Substituting a security : You may ask us to accept a new mortgage over other land as a substitute for any mortgage which is security for your loan. We may agree to this if you satisfy any reasonable…
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Should be an Australian or New Zealand citizen(s) or permanent resident(s)
- · Amount $10,000 to $2,000,000
- · Maximum LVR 95%
- · Individuals, Trusts (individual and company trustees), Company, Partnership
- · Maximum repayment term 30 years
- · Owner occupier - Loan maximum interest only period 5 years
- · Investment - Loan maximum interest only period 10 years
§ 05 — Compare
§ 06 — Run the numbers
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Published by Bank of Melbourne under the Consumer Data Right, last changed by them on 18 Sept 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.