Defence Bank LimitedUltimate Essentials Investor Variable
The cream of the crop when it comes to our range of home loans on offer.
At a glance
- Variable (investor P&I)
- 7.14%
- Max LVR
- 95%
- Annual fee
- $96
- Features
- offset, 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 |
|---|---|---|---|---|
| Investor variable home loanInvestment, principal & interest, 80% LVR | 7.14% | 5.94%AAA Financial Corporation's Portfolio Loan | 6.59%of 104 institutions | 88th lowest of 104, level with 2 others |
Rates
Every rate Defence Bank Limited publishes for this home loan, 3 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInvestor Ultimate Package variable $250k - $750k | Investment, P&I | - | - | 7.14% | 7.23% | - |
| VariableInvestor Ultimate Package variable over $750k | Investment, P&I | - | - | 7.14% | 7.23% | - |
| VariableInvestor Ultimate Package variable under $250k | Investment, P&I | - | - | 7.14% | 7.23% | - |
Fees
3 fees published, grouped by when they're charged.
While you hold it1
- Ultimate Package Annual Fee
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.
$96 a year
When particular things happen2
- Arrears reminder notice fee (per letter)
Payable each time we send you a reminder notice relating to arrears on a loan
$20 - Default notice (enforcement notice)
Payable each time we send you a notice relating to default on a loan
$20
Features
- No application or establishment fees.
- No monthly fees.
- Loan Portability
- Split Loan Facility
- Fixed or Variable Options
- Construction (interest only) available.
- Australia-based Contact Centre
- Home Loan Consultants
Eligibility and limits
- Residency: Australian Residents only
- Maximum LVR 95%
- 18
- Lending criteria
Compare it with others
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Published by Defence Bank under the Consumer Data Right, last changed by them on 14 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.