With one low variable rate, no application fee and zero account keeping fees1,
this is a no-nonsense loan that gets you home. If only everything was this simple.
Low variable rate.
No application fee,
no account-keeping fees1
Free redraws from available funds when you need them (min $500)
Want more options and features?
Check out the whole home loan range.
Other fees may apply during the course of the loan.
We've got a whole crate of home loan calculators to help you min/max your loan options.
Tinker with the options and suss out your potential repayment amounts.Get tinkering
Got home loan questions? Give us a call on 13 15 63 and we’ll help you out.13 15 63
Keen to talk home loans, but short on time? Leave your details and we’ll call you.get a call back
Our home loan specialists come to you – and you choose the time and place.book a meet up
Renovating? Planning a trip? You could top up your home loan to the tune of $20,000 or more to get the extra cash. (There is a $250 application fee, but it only applies if your top up application is successful.)
To take out a home loan with ME you need to be 18 or older, and be a citizen or permanent resident of Australia or New Zealand.
On a ME variable rate loan, you you can make extra repayments as much as you want – and there’s no penalty for paying your loan off early.
If you’re planning on using your current property as security for a loan, it’ll need to be evaluated by one of ME’s property valuers. To check whether your property is likely to be suitable, get in touch on 13 15 63.
There are a few things that influence interest rates, but the main one is the ‘cash rate’ that’s set by the Reserve Bank of Australia. Whenever the Reserve Bank increases or decreases the cash rate, the Australian banks typically pass on the change to their customers – but not always.
Sometimes, to balance the interest rates they’re paying for customer savings, the rates they’re paying to borrow from other financial institutions, and to increase profits for their shareholders, banks won’t pass on the full rate change to customers.
Buying a home comes with a range of upfront costs that you need to know about - and budget for.
Pay down your home loan faster and save a bundle in the process.
It feels like you've never getting ahead financially, try these three simple budgeting hacks.
Looking to get the jump on the housing market? Sign up to our regular article series for tips, tricks, and strategies on finding and buying the right property.
the legal stuff.
(1) Solicitor, valuation and agent fees may apply.
(2) Investment loan purpose includes but is not limited to, funds for shares, land, construction or an established dwelling (including refinance of investment loans) for investment purposes. For loans with mixed purpose, investment rates apply where a loan is used predominantly (greater than 50%) for investment purposes.
(3) Interest rates are current as at 25-Mar-2017 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.
(4) Home Loan comparison rates are based on a loan of $150,000 for a term of 25 years, repaid monthly. 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.
Terms, conditions, fees and charges apply. Applications are subject to credit approval .