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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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Thinking
of refinancing?

Align your home loan with your values

Your home loan is probably the biggest investment you'll ever make. Align your home loan with your values by banking with clean money.

Learn more about clean money >

What does your bank invest in?

 If the answer includes fossil fuels, weapons, tobacco or gambling, it's likely that the interest you are paying on your home loan is supporting these industries.

Divestment makes a difference

Joining a bank that doesn't fund harmful industries, such as fossil fuels, is a tangible step towards a more sustainable future.

You can help make a positive impact

By moving your money to Bank Australia, you’re ensuring your money is part of funding a future aligned to your values: renewable energy, not for profits, sustainable and affordable housing and much more. 

Basic Home Loan refinance calculator

Use our refinance calculator to determine potential savings by moving your home loan.

Follow these six simple steps to refinance your home loan to clean money

 

Explore our home loans

 

Prosperity
17 Oct 2019

Prosperity
10 Mar 2020

Prosperity
15 May 2020

Things you need to know

  • Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.
  • Before deciding to apply, we provide and recommend you read our Financial Services Guide
  • All applications are subject to a credit assessment. All applicable terms and conditions will be included in our loan offer.
  • Additional fees and charges may be payable – all relevant details will be included in our formal loan offer.
  • Information and interest rates are current as at the date of publication and are subject to change.
  • This document does not constitute a contract for finance.

FIXED RATE HOME LOAN EARLY REPAYMENT WARNING

  • If you select a fixed rate loan, break costs may be payable and these can be substantial.
  • You should discuss with us first if you wish to make additional payments, payout your loan or change your loan type.

Reference Rates

  • Interest rates current as at 25 November 2020 and subject to change
  1. The Basic Special variable interest rate of 2.59% p.a. is for Principal and Interest repayments with a Loan to Value (LVR) ratio of less than 70%.  Minimum new borrowings of $150,000 for an Owner Occupied Home Loan or $200,000 for an Investment Home Loan, and $150,000 in additional borrowings for a further advances to existing home loans. Available to new and existing borrowers:
    • who submit their loan application on or after 10 September 2020 but before 31 December 2020; and
    • settle on their Bank Australia home loan by 31 March 2021.
  2. This interest rate is only available for a 3 year fixed rate owner occupied Basic Home Loan with an LVR less than or equal to 95%.
  3. The Premium Home Loan Package Special variable interest rate of 2.63% p.a. is for Principal and Interest repayments with a Loan to Value (LVR) ratio of less than 70% for a loan amount greater than $500,000. Minimum new borrowings of $150,000 for an Owner Occupied Home Loan or $200,000 for an Investment Home Loan, and $100,000 in additional borrowings for a further advances to existing home loans. Available to new and existing borrowers:
    • who submit their loan application on or after 10 September 2020 but before 31 December 2020; and
    • settle on their Bank Australia home loan by 31 March 2021.
  4. This interest rate is only available for a 3 year fixed rate owner occupied Premium Package Home Loan with an LVR less than 70%.
  • Bank Australia Fixed Home Loans revert to a “variable reference rate” at the end of the fixed interest rate period.
  • The applicable reference rate will be displayed on the schedule of our fixed home loan offer.

Comparison rate

*The Comparison Rate is based on a loan of $150,000 for 25 years. Additional fees and charges may be applicable.

IMPORTANT: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Repayment Pause

The feature available on request for owner occupied loans. Eligibility criteria and Loan repayment pause terms & conditions apply.