The Finance Algorithm
Macquarie

Macquarie Offset Home Loan

The Macquarie offset home loan package is designed to reduce your interest repayments, bucket your savings and access your savings without additional fees.

Home loansBank updated 8 Sept 2026
At a glance
Variable (owner occ. P&I)
6.04% · 6.29% 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
$248
Features
offset, redraw, extra repayments
§ 01 — Rates · 65
TypeApplies toTermBandRateComparisonConditions
FixedInvestment · Interest only1 yr fixed≤70% LVR6.74%6.67%
FixedInvestment · Interest only1 yr fixed70–80% LVR6.84%6.77%
FixedInvestment · Interest only2 yrs fixed≤70% LVR6.74%6.71%
FixedInvestment · Interest only2 yrs fixed70–80% LVR6.84%6.81%
FixedInvestment · Interest only3 yrs fixed≤70% LVR6.74%6.74%
FixedInvestment · Interest only3 yrs fixed70–80% LVR6.84%6.84%
FixedInvestment · Interest only4 yrs fixed≤70% LVR6.79%6.78%
FixedInvestment · Interest only4 yrs fixed70–80% LVR6.89%6.88%
FixedInvestment · Interest only5 yrs fixed≤70% LVR6.79%6.81%
FixedInvestment · Interest only5 yrs fixed70–80% LVR6.89%6.91%
FixedInvestment · P&I1 yr fixed≤70% LVR6.54%6.47%
FixedInvestment · P&I1 yr fixed70–80% LVR6.59%6.52%
FixedInvestment · P&I1 yr fixed80–90% LVR7.24%7.36%
FixedInvestment · P&I2 yrs fixed≤70% LVR6.54%6.51%
FixedInvestment · P&I2 yrs fixed70–80% LVR6.59%6.56%
FixedInvestment · P&I2 yrs fixed80–90% LVR7.19%7.36%
FixedInvestment · P&I3 yrs fixed≤70% LVR6.54%6.54%
FixedInvestment · P&I3 yrs fixed70–80% LVR6.59%6.59%
FixedInvestment · P&I3 yrs fixed80–90% LVR7.15%7.36%
FixedInvestment · P&I4 yrs fixed≤70% LVR6.59%6.58%
FixedInvestment · P&I4 yrs fixed70–80% LVR6.64%6.63%
FixedInvestment · P&I4 yrs fixed80–90% LVR7.35%7.44%
FixedInvestment · P&I5 yrs fixed≤70% LVR6.59%6.61%
FixedInvestment · P&I5 yrs fixed70–80% LVR6.64%6.66%
FixedInvestment · P&I5 yrs fixed80–90% LVR7.35%7.45%
FixedOwner occupied · Interest only1 yr fixed≤70% LVR6.74%6.67%
FixedOwner occupied · Interest only1 yr fixed70–80% LVR6.84%6.77%
FixedOwner occupied · Interest only2 yrs fixed≤70% LVR6.74%6.71%
FixedOwner occupied · Interest only2 yrs fixed70–80% LVR6.84%6.81%
FixedOwner occupied · Interest only3 yrs fixed≤70% LVR6.74%6.74%
FixedOwner occupied · Interest only3 yrs fixed70–80% LVR6.84%6.84%
FixedOwner occupied · Interest only4 yrs fixed≤70% LVR6.79%6.78%
FixedOwner occupied · Interest only4 yrs fixed70–80% LVR6.89%6.88%
FixedOwner occupied · Interest only5 yrs fixed≤70% LVR6.79%6.81%
FixedOwner occupied · Interest only5 yrs fixed70–80% LVR6.89%6.91%
FixedOwner occupied · P&I1 yr fixed≤70% LVR6.39%6.33%
FixedOwner occupied · P&I1 yr fixed70–80% LVR6.44%6.38%
FixedOwner occupied · P&I1 yr fixed80–95% LVR6.74%7.29%
FixedOwner occupied · P&I2 yrs fixed≤70% LVR6.39%6.36%
FixedOwner occupied · P&I2 yrs fixed70–80% LVR6.44%6.41%
FixedOwner occupied · P&I2 yrs fixed80–95% LVR6.74%7.26%
FixedOwner occupied · P&I3 yrs fixed≤70% LVR6.39%6.39%
FixedOwner occupied · P&I3 yrs fixed70–80% LVR6.44%6.44%
FixedOwner occupied · P&I3 yrs fixed80–95% LVR6.74%7.23%
FixedOwner occupied · P&I4 yrs fixed≤70% LVR6.44%6.43%
FixedOwner occupied · P&I4 yrs fixed70–80% LVR6.49%6.48%
FixedOwner occupied · P&I4 yrs fixed80–95% LVR6.79%7.22%
FixedOwner occupied · P&I5 yrs fixed≤70% LVR6.44%6.46%
FixedOwner occupied · P&I5 yrs fixed70–80% LVR6.49%6.51%
FixedOwner occupied · P&I5 yrs fixed80–95% LVR6.79%7.20%
VariableInvestment · Interest only≤60% LVR6.35%6.60%
VariableInvestment · Interest only60–70% LVR6.39%6.64%
VariableInvestment · Interest only70–80% LVR6.49%6.74%
VariableInvestment · P&I≤60% LVR6.14%6.39%
VariableInvestment · P&I60–70% LVR6.19%6.44%
VariableInvestment · P&I70–80% LVR6.24%6.49%
VariableInvestment · P&I80–90% LVR7.10%7.34%
VariableOwner occupied · Interest only≤60% LVR6.35%6.60%
VariableOwner occupied · Interest only60–70% LVR6.39%6.64%
VariableOwner occupied · Interest only70–80% LVR6.49%6.74%
VariableOwner occupied · P&I≤60% LVR6.04%6.29%
VariableOwner occupied · P&I60–70% LVR6.04%6.29%
VariableOwner occupied · P&I70–80% LVR6.09%6.34%
VariableOwner occupied · P&I80–90% LVR6.29%6.54%
VariableOwner occupied · P&I90–95% LVR7.09%7.33%
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
Construction Administration FeeEvent$1,500A one-off fee payable at settlement which covers valuation costs and progress payments during construction period.
Mortgage Discharge FeeExit$400Payable if you request a full discharge of any Mortgage, in addition to any third party fees.
Break CostOtherVariesBreak 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 FeeOtherVariesPayable 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 FeesOtherVariesPayable 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 Package FeePeriodic$248Every 1 yr$124 charged every 6 months in arrears based on loan Settlement Date. One package fee covers up to 5 loan applications that are submitted within 6 months, and where borrowers are common across each o…
Monthly FeePeriodicNo feeEvery 1 mo
Application FeeUpfrontNo fee
Documentation FeeUpfront$350Payable to the Lender in relation to preparing your loan documents and arranging settlement.
Low Deposit FeeUpfrontVariesApplicable 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 FeeUpfrontVariesPayable when the Lender incurs a fee from any third party, including our solicitors, as a result of any matter relating to the settlement of your loan.
§ 03 — Features
Offset accountRedrawExtra repaymentsGuarantor optionDigital banking
  • · Have up to 6 loan accounts on settlement and unlimited after settlement. Each loan account can be set up with either principal and interest or interest only repayments for up to 5 years (subject to c…
  • · Construction Loans. Borrowers can draw down their home loan in stages to fund their renovation or new home build.
  • · Repayments can be made via Direct Debit or Salary Credit/Electronic Funds Transfer.
  • · Maximum Loan term of up to 30 years.
  • · 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.

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.