The Finance Algorithm
MCCA logoMCCA

Amlak Premium Offset

A fully featured home finance facility with an offset-sub account.

Home loansLender updated 7 Oct 2026

At a glance

Variable (owner occ. P&I)
6.59%6.66% comparison
Variable (investor P&I)
6.79%
Max LVR
90%
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.

This home loan: 6.59%Every other institution's lowest, 101 in all

Owner occupier, principal & interest, 80% LVR. One dot per institution, at its lowest variable home loan rate anyone can apply for; hover or tap a dot for its name.

RateThis home loanBest anywhereTypical institutionWhere it sits
Variable home loanOwner occupier, principal & interest, 80% LVR6.59%5.69%AAA Financial Corporation's Portfolio Loan6.36%of 102 institutions76th lowest of 102
Investor variable home loanInvestment, principal & interest, 80% LVR6.79%5.69%AAA Financial Corporation's Portfolio Loan6.58%of 102 institutions70th lowest of 102, level with 3 others

Rates

Every rate MCCA publishes for this home loan, 7 in all.

Variable rate by LVR

Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value

  1. ≤80%6.59%
  2. 80–90%6.78%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only-≤80% LVR6.89%6.90%-
VariableInvestment, Interest only-80–90% LVR7.09%7.10%-
VariableInvestment, P&I-≤80% LVR6.79%6.86%-
VariableInvestment, P&I-80–90% LVR6.99%7.06%-
VariableOwner occupied, Interest only-≤80% LVR6.69%6.70%-
VariableOwner occupied, P&I-≤80% LVR6.59%6.66%-
VariableOwner occupied, P&I-80–90% LVR6.78%6.85%-

Fees

4 fees published, grouped by when they're charged.

  1. When you take it out$965Application Fee
  2. While you hold itNo fee published
  3. 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 happen1

  • 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

Offset accountRedrawExtra repayments

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 $3,000,000
  • The term of the finance facility cannot exceed 30 years.
  • The term of the finance facility must be a minimum of 15 years.

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.