Macquarie
Macquarie Basic Home Loan
A home loan built on value with great rates and no annual fee.
Home loansBank updated 8 Sept 2026
At a glance
- Variable (owner occ. P&I)
- 6.04% · 6.06% comparison
- Variable (investor P&I)
- 6.14%
- Fixed
- 1 yr 6.39% · 2 yrs 6.39% · 3 yrs 6.39% · 4 yrs 6.44% · 5 yrs 6.44%
- Max LVR
- 95%
- Annual fee
- $0
- Features
- redraw, extra repayments
§ 01 — Rates · 65
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | Investment · Interest only | 1 yr fixed | ≤70% LVR | 6.74% | 6.45% | — |
| Fixed | Investment · Interest only | 1 yr fixed | 70–80% LVR | 6.84% | 6.55% | — |
| Fixed | Investment · Interest only | 2 yrs fixed | ≤70% LVR | 6.74% | 6.48% | — |
| Fixed | Investment · Interest only | 2 yrs fixed | 70–80% LVR | 6.84% | 6.58% | — |
| Fixed | Investment · Interest only | 3 yrs fixed | ≤70% LVR | 6.74% | 6.52% | — |
| Fixed | Investment · Interest only | 3 yrs fixed | 70–80% LVR | 6.84% | 6.62% | — |
| Fixed | Investment · Interest only | 4 yrs fixed | ≤70% LVR | 6.79% | 6.56% | — |
| Fixed | Investment · Interest only | 4 yrs fixed | 70–80% LVR | 6.89% | 6.66% | — |
| Fixed | Investment · Interest only | 5 yrs fixed | ≤70% LVR | 6.79% | 6.59% | — |
| Fixed | Investment · Interest only | 5 yrs fixed | 70–80% LVR | 6.89% | 6.69% | — |
| Fixed | Investment · P&I | 1 yr fixed | ≤70% LVR | 6.54% | 6.25% | — |
| Fixed | Investment · P&I | 1 yr fixed | 70–80% LVR | 6.59% | 6.30% | — |
| Fixed | Investment · P&I | 1 yr fixed | 80–90% LVR | 7.24% | 7.14% | — |
| Fixed | Investment · P&I | 2 yrs fixed | ≤70% LVR | 6.54% | 6.28% | — |
| Fixed | Investment · P&I | 2 yrs fixed | 70–80% LVR | 6.59% | 6.33% | — |
| Fixed | Investment · P&I | 2 yrs fixed | 80–90% LVR | 7.19% | 7.14% | — |
| Fixed | Investment · P&I | 3 yrs fixed | ≤70% LVR | 6.54% | 6.31% | — |
| Fixed | Investment · P&I | 3 yrs fixed | 70–80% LVR | 6.59% | 6.36% | — |
| Fixed | Investment · P&I | 3 yrs fixed | 80–90% LVR | 7.15% | 7.14% | — |
| Fixed | Investment · P&I | 4 yrs fixed | ≤70% LVR | 6.59% | 6.36% | — |
| Fixed | Investment · P&I | 4 yrs fixed | 70–80% LVR | 6.64% | 6.41% | — |
| Fixed | Investment · P&I | 4 yrs fixed | 80–90% LVR | 7.35% | 7.22% | — |
| Fixed | Investment · P&I | 5 yrs fixed | ≤70% LVR | 6.59% | 6.39% | — |
| Fixed | Investment · P&I | 5 yrs fixed | 70–80% LVR | 6.64% | 6.44% | — |
| Fixed | Investment · P&I | 5 yrs fixed | 80–90% LVR | 7.35% | 7.24% | — |
| Fixed | Owner occupied · Interest only | 1 yr fixed | ≤70% LVR | 6.74% | 6.45% | — |
| Fixed | Owner occupied · Interest only | 1 yr fixed | 70–80% LVR | 6.84% | 6.55% | — |
| Fixed | Owner occupied · Interest only | 2 yrs fixed | ≤70% LVR | 6.74% | 6.48% | — |
| Fixed | Owner occupied · Interest only | 2 yrs fixed | 70–80% LVR | 6.84% | 6.58% | — |
| Fixed | Owner occupied · Interest only | 3 yrs fixed | ≤70% LVR | 6.74% | 6.52% | — |
| Fixed | Owner occupied · Interest only | 3 yrs fixed | 70–80% LVR | 6.84% | 6.62% | — |
| Fixed | Owner occupied · Interest only | 4 yrs fixed | ≤70% LVR | 6.79% | 6.56% | — |
| Fixed | Owner occupied · Interest only | 4 yrs fixed | 70–80% LVR | 6.89% | 6.66% | — |
| Fixed | Owner occupied · Interest only | 5 yrs fixed | ≤70% LVR | 6.79% | 6.59% | — |
| Fixed | Owner occupied · Interest only | 5 yrs fixed | 70–80% LVR | 6.89% | 6.69% | — |
| Fixed | Owner occupied · P&I | 1 yr fixed | ≤70% LVR | 6.39% | 6.10% | — |
| Fixed | Owner occupied · P&I | 1 yr fixed | 70–80% LVR | 6.44% | 6.15% | — |
| Fixed | Owner occupied · P&I | 1 yr fixed | 80–95% LVR | 6.74% | 7.08% | — |
| Fixed | Owner occupied · P&I | 2 yrs fixed | ≤70% LVR | 6.39% | 6.13% | — |
| Fixed | Owner occupied · P&I | 2 yrs fixed | 70–80% LVR | 6.44% | 6.18% | — |
| Fixed | Owner occupied · P&I | 2 yrs fixed | 80–95% LVR | 6.74% | 7.04% | — |
| Fixed | Owner occupied · P&I | 3 yrs fixed | ≤70% LVR | 6.39% | 6.16% | — |
| Fixed | Owner occupied · P&I | 3 yrs fixed | 70–80% LVR | 6.44% | 6.21% | — |
| Fixed | Owner occupied · P&I | 3 yrs fixed | 80–95% LVR | 6.74% | 7.01% | — |
| Fixed | Owner occupied · P&I | 4 yrs fixed | ≤70% LVR | 6.44% | 6.21% | — |
| Fixed | Owner occupied · P&I | 4 yrs fixed | 70–80% LVR | 6.49% | 6.26% | — |
| Fixed | Owner occupied · P&I | 4 yrs fixed | 80–95% LVR | 6.79% | 7.00% | — |
| Fixed | Owner occupied · P&I | 5 yrs fixed | ≤70% LVR | 6.44% | 6.24% | — |
| Fixed | Owner occupied · P&I | 5 yrs fixed | 70–80% LVR | 6.49% | 6.29% | — |
| Fixed | Owner occupied · P&I | 5 yrs fixed | 80–95% LVR | 6.79% | 6.98% | — |
| Variable | Investment · Interest only | — | ≤60% LVR | 6.35% | 6.37% | — |
| Variable | Investment · Interest only | — | 60–70% LVR | 6.39% | 6.41% | — |
| Variable | Investment · Interest only | — | 70–80% LVR | 6.49% | 6.52% | — |
| Variable | Investment · P&I | — | ≤60% LVR | 6.14% | 6.16% | — |
| Variable | Investment · P&I | — | 60–70% LVR | 6.19% | 6.21% | — |
| Variable | Investment · P&I | — | 70–80% LVR | 6.24% | 6.26% | — |
| Variable | Investment · P&I | — | 80–90% LVR | 7.10% | 7.13% | — |
| Variable | Owner occupied · Interest only | — | ≤60% LVR | 6.35% | 6.37% | — |
| Variable | Owner occupied · Interest only | — | 60–70% LVR | 6.39% | 6.41% | — |
| Variable | Owner occupied · Interest only | — | 70–80% LVR | 6.49% | 6.52% | — |
| Variable | Owner occupied · P&I | — | ≤60% LVR | 6.04% | 6.06% | — |
| Variable | Owner occupied · P&I | — | 60–70% LVR | 6.04% | 6.06% | — |
| Variable | Owner occupied · P&I | — | 70–80% LVR | 6.09% | 6.11% | — |
| Variable | Owner occupied · P&I | — | 80–90% LVR | 6.29% | 6.31% | — |
| Variable | Owner occupied · P&I | — | 90–95% LVR | 7.09% | 7.12% | — |
§ 02 — Fees · 11
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Construction Administration Fee | Event | $1,500 | — | A one-off fee payable at settlement which covers valuation costs and progress payments during construction period. |
| Mortgage Discharge Fee | Exit | $400 | — | Payable if you request a full discharge of any Mortgage, in addition to any third party fees. |
| Break Cost | Other | Varies | — | Break costs may be payable on early repayment during fixed rate periods if any of the following three events occur: 1. The whole of a fixed rate Loan Account is repaid. 2. The borrower makes addition… |
| Special Attendance Fee | Other | Varies | — | Payable if the borrower requests a special service (for example consenting to a dealing with the Mortgage Property), in addition to any third party fees. |
| Third Party Fees | Other | Varies | — | Payable if the Lender incurs a fee from any third party, including our solicitors, as a result of any matter relating to the Loan Agreement or Security after the Settlement Date. This fee includes GS… |
| Annual Fee | Periodic | No fee | Every 1 yr | — |
| Monthly Fee | Periodic | No fee | Every 1 mo | — |
| Application Fee | Upfront | No fee | — | — |
| Documentation Fee | Upfront | $350 | — | Payable to the Lender in relation to preparing your loan documents and arranging settlement. |
| Low Deposit Fee | Upfront | Varies | — | Applicable for loans with an LVR >80%, where a once off amount is payable by the borrower, in connection with the low deposit being paid, and/or the low amount of equity the borrower has in the secur… |
| Third party Settlement Fee | Upfront | Varies | — | Payable if the Lender incurs a fee from any third party, including our solicitors, as a result of any matter relating to the Loan Agreement or Security after the Settlement Date. This fee includes GS… |
§ 03 — Features
RedrawExtra repaymentsGuarantor optionDigital banking
- · Have up to 6 loan accounts. Each loan account can be set up with either principal and interest or interest only repayments for up to 5 years (subject to credit approval). Each loan account can also b…
- · Repayments can be made via Direct Debit or Salary Credit/Electronic Funds Transfer.
- · Maximum Loan term of up to 30 years.
- · Construction Loans. Borrowers can draw down their home loan in stages to fund their renovation or new home build
- · Minimum increase amount $25,000.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Permanent resident of Australia.
- · Amount $150,000 to $10,000,000
- · Maximum LVR 95%
- · Lending criteria, fees and T&Cs apply.
§ 05 — Compare
§ 06 — Run the numbers
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Published by Macquarie Bank Limited under the Consumer Data Right, last changed by them on 8 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.