Defence Bank Limited
Ultimate Essentials DHOAS Fix
The cream of the crop when it comes to our range of home loans on offer.
Home loansBank updated 20 May 2026
At a glance
- Fixed
- 1 yr 6.39% · 2 yrs 6.49% · 3 yrs 6.55% · 4 yrs 6.55% · 5 yrs 6.55%
- Max LVR
- 95%
- Annual fee
- $96
- Features
- extra repayments
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedDHOAS Ultimate Package fixed (OO) | Owner occupied · P&I | 1 yr fixed | — | 6.39% | 6.84% | — |
| FixedDHOAS Ultimate Package fixed (OO) | Owner occupied · P&I | 2 yrs fixed | — | 6.49% | 6.82% | — |
| FixedDHOAS Ultimate Package fixed (OO) | Owner occupied · P&I | 3 yrs fixed | — | 6.55% | 6.81% | — |
| FixedDHOAS Ultimate Package fixed (OO) | Owner occupied · P&I | 4 yrs fixed | — | 6.55% | 6.79% | — |
| FixedDHOAS Ultimate Package fixed (OO) | Owner occupied · P&I | 5 yrs fixed | — | 6.55% | 6.77% | — |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Arrears reminder notice fee (per letter) | Event | $20 | — | Payable each time we send you a reminder notice relating to arrears on a loan |
| Break cost fee | Event | No fee | — | Payable before expiry of any period when interest rate is fixed on any portion of loan due to loan being repaid, interest becoming variable or default. We calculate the ‘break cost’ using the followi… |
| Default notice (enforcement notice) | Event | $20 | — | Payable each time we send you a notice relating to default on a loan |
| Ultimate Package Annual Fee | Periodic | $96 | Every 1 yr | Payable initially upon settlement of the property and then annually on the anniversary of the date on which the first annual package fee was paid when the loan is linked to the Ultimate Package. |
| Rate lock fee | Upfront | 0.15% of balance | — | When you ask us to lock in a fixed, or guaranteed, rate of interest on a home loan. The amount of this fee is 0.15% of the fixed interest rate loan amount. |
§ 03 — Features
Extra repaymentsDigital banking
- · No application or establishment fees.
- · No monthly fees.
- · DHOAS home loan compatible.
- · Split Loan Facility
- · Fixed rate option available
- · Australia-based Contact Centre
- · Home Loan Consultants.
- · Australian Government 5% Deposit Scheme
§ 04 — Eligibility & limits
- · Residency: Australian residents only.
- · Employment: To be eligible, you must meet Defence Home Ownership Assistance Scheme conditions.
- · Maximum LVR 95%
- · 18
- · Lending criteria.
- · Purpose
§ 06 — Run the numbers
Put this product through a calculator
Published by Defence Bank under the Consumer Data Right, last changed by them on 20 May 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.