If you’re experiencing financial difficulty, talk to ME. Call 1300 500 520

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Simply? The best.

One low variable rate, no application fee and zero monthly account-keeping fees.That’s a Basic Home Loan with ME. If only everything was this simple.


You read right. There are no monthly account-keeping fees at all.3


Get cash for emergencies from available funds if you’re ahead on payments (minimum $500).


Pay your loan off as early as you want.

Money award best value basic home loan

Basically, the best of the best.

The Best of The Best Award recognises ME's no-frills home loan as the best value Basic Home Loan from a bank5 for having one low variable rate, no application fee and zero monthly account-keeping fees3.


Want more options and features? Check out the whole home loan range.


For investor rates click here.

Facts & fees.

Read fees and charges

Calculate with ME.

Determine the loan, get the home – compare your options with these practical calculators.

Borrowing power.

Learn your limits – suss out your borrowing capacity so you can start planning that purchase.

Calculate my borrowing power

Loan repayments.

Weigh up your home loan options to see how much your repayments could be.

Calculate my loan repayments

Stamp duty.

Stamp duty differs from state-to-state – find out how much you could be up for with our handy calculator.

Calculate my stamp duty

Want to learn more? Explore The Feed.

From home loans to general finance, learn more with ME.

The home buying process.

Learn the 10 steps to becoming a homeowner, from budgeting to moving in.

Learn more

Nailing your application.

Grab a pen and note down our 9- step checklist. Or just call ME instead.

Learn more

question mark
Deciphering the jargon.

Understand home loan lingo so you can speak ‘bank’ with your manager.

Learn more

Frequently asked questions.

Help & support.

Lenders mortgage insurance.

Find out how to avoid paying LMI when you take out a home loan.

Loans for less

Paying early.

Find out just how much extra repayments could save you.

Repayments calculator

Stamp duty.

Planning your budget? Don’t forget to factor in those extra costs.

Doing your duty


Get to grips with your spending limits – and start planning that purchase.

How much can I borrow?


Looking for features like fixed rates or offset accounts? Check out our Flexible Home Loan.

Get flexible

Stay in the loop.

Get our regular series of home buying tips, delivered straight to your inbox.

The legal stuff.
The legal stuff.
Home loan terms and conditions
  1. Interest rates are current as at  25-May-2024 and are subject to change. The variable interest rate may include a discount or margin that is applied to the product’s variable reference rate. Discounts are offered to new home loan applications only. The discount cannot be used with any other rate promotion. Existing applications, internal refinances, top ups, additional advances or variations of existing home loans are not eligible. We may change or withdraw any discount or margin at any time.
  2. Home loan comparison rates are based on a loan of $150,000 for a term of 25 years, repaid monthly. For variable loans with interest only repayments, the comparison rates are based on an initial 5 year interest only period. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates.
  3. Solicitor, valuation and agent fees may apply.
  4. Loan to Value Ratio (LVR) compares the amount you have owing on your loan against the actual value of your property. For example, if your property was valued at $400,000 and your loan amount was 340,000, your LVR would be 85%.
  5. ME Bank have won Best Value Basic Home Loan - Bank Category for our Basic Home Loan product. The methodology behind each award is Ranked by the Comparison Rate for variable loans for a $400,000 owner-occupied, principal + interest mortgage over 25 years with an LVR of at least 80%. Must offer redraw.
    Terms, conditions, fees and charges apply. Applications are subject to credit approval.
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