EconoME Home Loan
EconoME is the basic home loan without the excess baggage. Enjoy simplicity and flexibility with no annual fees, all conveniently managed from the ME Go banking app.{sub-heading}
Found the right home?
Get an interest rate that suits your lifestyle.
Nail the basics
The home loan equivalent of carry-on luggage, EconoME is packed with all the essentials and nothing more.
No annual fees.
We’ve ditched annual fees so you can keep more of your money
Pay your loan off sooner.
Make additional payments without being slapped with fees. And if you’re on a variable home loan, you can dip into those extra repayments whenever.
Make ME yours.
Packed with features, built for flexibility. Customise with fix or split options and make CompleteME your own.
Manage ME from the palm of your hand.
We’ve dialled up the flexibility so you can take control of how and when you repay your home loan.
Easily manage:
- Which account we deduct repayments from (which you can also personalise the name of).
- Your repayment frequency – choose from weekly, fortnightly, or monthly.
- The exact day your monthly repayments are made – yep, it’s your call.
- Find out the latest features available on the ME Go banking app.
Pay ME off faster.
Make unlimited additional payments on variable rate EconoME home loans or up to $10,000 in extra payments per year if you’re on a fixed rate without being charged a fee.
Adding some extra padding to your loan can be handy if your circumstances change or you need to tighten your belt for a bit. And, if you’re ahead on repayments and have a variable home loan, you can dip back into your funds anytime with redraw straight from the ME Go app.
Run ME through the rates
EconoME’s competitive rates keep your repayments low to help your savings grow high.
How EconoMEcal.
Owner Occupier Rates.
Principal and Interest - Variable <$150K
Principal and Interest - Variable >$150K
Principal and Interest - Fixed Rate
Run ME through the rates
EconoME’s competitive rates keep your repayments low to help your savings grow high.
How EconoMEcal.
Investor Rates.
Principal and Interest - Variable <$150K
Principal and Interest - Variable >$150K
Principal and Interest - Fixed Rate
Run ME through the rates
EconoME’s competitive rates keep your repayments low to help your savings grow high.
How EconoMEcal.
Interest Only Rates.
Owner Occupier - Variable <$150K
Owner Occupier - Variable >$150K
Owner Occupier - Fixed Rate
Investor - Variable <$150K
Investor - Variable >$150K
Investor - Fixed Rate
Fees and other important deets
For a full list of fees and charges that could apply please refer to our lending guide for fees and charges.
Loan details at a glance.
Upfront fees
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Depending on how you use your loan, you may have to pay other fees and charges.
Contact ME.
Have home loan questions? We offer a number of ways to get in touch with us for high quality support.
Join ME.
Want to find out more? Just let us know a few things about yourself and we will be in touch.
Not happy with ME?
If we don’t meet your expectations, we want you to tell us what happened and how we can improve.
Doing it tough?
If something unexpected has you struggling to make your repayments, get in touch.
FAQ's
What kind of home loan is EconoME?
What's the difference between an EconoME and CompleteME home loan?
How do I apply for an EcomoME Home Loan?
Help ME do the maths.
Ready to crunch some numbers? Compare your options with these handy calculators.
Borrowing power.
Suss out your borrowing capacity so you can start planning that house purchase.
Loan repayments.
Weigh up your home loan options to see how much your repayments could be.
Stamp duty.
Stamp duty differs from state to state. Find out how much you could be up for.
Keen to learn more?
Explore The Feed. From home loans to general finance, get better at money with ME.
The home buying process.
Learn these 10 steps to becoming a homeowner, from budgeting to moving in.
Nailing your application.
Grab a pen and note down our 9- step checklist. Or just call ME instead.
CompleteME
Looking for a home loan with more bells and whistles?
Check out our full-featured CompleteME home loan. More flex, more frills and more ME for you.
It’s also conveniently managed from the ME Go app.