MCCAAmlak Premium Construction
Construction finance facilities can be used to provide finance when you are building a house, completing a major renovation or demolishing and rebuilding. It allows you to progressively draw down on the facility in stages, only paying rent on the amount drawn during the construction period.
At a glance
- Max LVR
- 90%
- Features
- extra repayments
Rates
Every rate MCCA publishes for this home loan, 4 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableProfit Only during Construction or for 12 months, whichever ends sooner. | Investment, Interest only | - | ≤80% LVR | 7.79% | 7.36% | - |
| VariableProfit Only during Construction or for 12 months, whichever ends sooner | Investment, Interest only | - | 80–90% LVR | 8.11% | 7.62% | - |
| VariableProfit Only during Construction or for 12 months, whichever ends sooner | Owner occupied, Interest only | - | ≤80% LVR | 7.69% | 7.14% | - |
| VariableProfit Only during Construction or for 12 months, whichever ends sooner | Owner occupied, Interest only | - | 80–90% LVR | 7.96% | 7.37% | - |
Fees
6 fees published, grouped by when they're charged.
- When you take it out$965Application Fee
- While you hold itNo fee published
- When you close it or pay it offUp to $3002 fees, each listed below
When you take it out1
- Application Fee
A one time fee charged at the time of application, comprising of a $755 application fee, and a $210 processing fee.
$965
When particular things happen3
- Construction Administration Fee
Construction Administration Fee charged at settlement to cover the administrative costs of managing a construction finance facility during the building period.
$120 - Construction Assessment Progress Fee
Construction Assessment Progress Fee charged at settlement to cover the cost of assessing each stage of construction.
$650 - Valuation Fee
A variable fee charged at cost to assess the value of the property used as security for the finance facility, starting from a minimum amount.
From $221
When you close it or pay it off2
- Discharge Administration Fee
A fee applied when releasing our mortgage to cover administrative processing of the discharge request. Waived if facility runs to term.
$300 - Discharge Documentation Fee
A fee charged for preparing the necessary documentation when the loan is fully repaid and discharged. Waived if facility runs to term.
$250
Features
Eligibility and limits
- Minimum age 18
- Residency: Are Australian or New Zealand citizens living and working in either Australia or New Zealand, or are Permanent Residents of Australia living and working in Australia.
- Amount $50,000 to $1,500,000
- The facility term cannot exceed 30 years.
- The facility term must be at least 15 years
Compare it with others
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Published by MCCA under the Consumer Data Right, last changed by them on 7 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.