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Bank Australia open to serve our customers: As an essential service our branches and contact centre remain open to serve our customers with their banking needs during the COVID-19 pandemic. Please use the 'find us' function to view your nearest branch's current operating hours. You can still get in touch with us by phone on 132 888 from 8:00am to 8:00pm, Monday to Friday and 9:00am to 2:00pm Saturday. It may take us longer to answer your call as more customers choose to call rather than come into a branch so thanks in advance for your patience and please take care of yourselves View details

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Buying a home

Your home loan is probably the biggest investment you’ll ever make. Find out everything you need to know before you take the plunge. 

Planning

Planning

What will you need for a deposit, how much can you borrow and what help is available.

Finding

Finding

Help understanding interest rates, finding the right home loan and getting approved.

Buying

Buying

Finding the right property, negotiating on price and options to pause loan repayments to help with life changes.

Refinance

Refinance

What's involved in refinancing and why you should consider it.

Calculators

Calculators

Find out how much you'll need for a deposit, what your repayments will be and more.

Glossary

Glossary

Use our glossary to decipher the language of lending.

Frequently asked questions

What are Bank Australia's current interest rates?

You can see all of our interest rates on our rates and fees page. If you would like more information, contact us on 132 888.

Can you pay extra off your home loan?

Yes, you can make unlimited extra repayments on your Basic or Premium Home Loan without penalty.

For Fixed Rate Home Loans you can make additional repayments up to $20,000 in a year. If you go over this amount a break fee may apply.

What is involved in paying out and discharging your home loan?

If you are selling your home, you’ll need a request in writing from your conveyancer or solicitor. We can finalise your discharge in three to five weeks.

There's some excellent information to assist with the process for discharging your mortgage at dtpli.vic.gov.au/property-and-land-titles/land-titles/dealing-with-titles/mortgages-and-discharges

Check here for your State land titles office: australia.gov.au/information-and-services/family-and-community/housing-and-property/land-titles

If you are looking to refinance your Bank Australia home loan we need a completed discharge request from the financial institution you are refinancing to. The transfer usually takes three to five weeks.