Invesment RateSaver Home Loan
The Investment RateSaver Home Loan is our simple vanilla loan with a super-low rate, unlimited additional repayments as well as the ability to redraw.
Great
low rate
Redraw
Facility
No monthly
or annual fees
Overview
The Investment RateSaver Home Loan features:
- Low interest rate
- The option to make extra repayments to reduce your loan term
- Loan term up to 30 years
- Minimum loan amount of $150,000
- Flexible repayment frequencies - pay weekly, fortnightly or monthly
- Redraw facility
- Split Option (with other Investment Home Loans)
- No monthly or annual fees
- Variable interest rate; not available for the purpose of Construction
Rates & Fees
Here’s everything you need to know about the rates and fees for the Investment RateSaver Home Loan:
- Interest rate: 6.68% p.a.2
- Comparison rate: 6.72% p.a.3
Comparison rate based on a loan of $150,000 repaid over 25 years. WARNING: The comparison rate is applicable only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- Monthly fee: $0
- Annual fee: $0
- Mortgage discharge fee: $120
- No processing fee with a deposit of 20% or greater
- Lenders Mortgage Insurance (LMI)4: Payable for loans with a deposit of less than 20%
- 3rd party charges: Stamp duty, legal fees and valuation fees apply
Additional fees may be payable. For more information please see our Fees and Charges Schedule
Download our Fees and Charges Schedule
Questions
We’re often asked similar questions about our Investment RateSaver Home Loan – can’t see your question? Call 1300 13 23 28.
Can I make extra payments to the Investment RateSaver Home Loan?
Yes. You can make additional repayments to the Investment RateSaver Home Loan.
Can I redraw additional funds from the Investment RateSaver Home Loan?
Yes. If you’re ahead by more than one full repayment, you have the option to redraw money (minimum of $500) when you need it. A $10 fee applies per redraw.
Can I link an offset account to the Investment RateSaver Home Loan?
An 'Offset Facility' is NOT available with the Investment RateSaver Home Loan.
Can I split my Investment RateSaver Home Loan with another home loan?
Yes. You can split your Investment RateSaver Home Loan with another home loan as long as the Investment RateSaver Home Loan portion is equal to or greater than $150,000. For example, your Investment RateSaver Home Loan is $200,000 split with a $200,000 Investment Fixed Rate Home Loan - $400,000 total.Investment
Can I choose my repayment frequency?
Yes. You can choose the repayment frequency that best suits you - weekly, fortnightly or monthly repayments.
Is the Investment RateSaver Home Loan available as 'Interest Only'?
There is no interest only option available on the Investment RateSaver Home Loan.
Can I use the Investment RateSaver Home Loan for the purpose of construction?
The Investment RateSaver Home Loan cannot be used for the purpose of construction.
Can I switch my existing Australian Military Bank Home Loan to a Investment RateSaver Home Loan?
No, the Investment RateSaver Home Loan is only available for new loan applications received from the 4th of June 2019 for loans equal to or greater than $150,000.
starting from
starting from
Use the arrows to scroll through the many Australian Military Bank Investment Home Loans options RESET
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Vanilla loan with a super-low rate6.68% p.a.6.72% p.a.Up to 90%$0$0Principal and Interest only$150,000Up to 30 yearsInvestor
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Great features matched with great flexibility7.23% p.a.7.27% p.a.Up to 90%$0$0Principal and interest or interest only4$150,000Up to 30 yearsInvestor
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Great features matched with great flexibility7.23% p.a.7.27% p.a.Up to 80%$0$0Interest only$150,000Up to 30 yearsInvestor
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Letting you plan financially with the certainty of fixed repayments at a competitive rate6.70% p.a.7.16% p.a.Up to 90%$0$0Principal and interest$150,000Up to 30 yearsInvestor
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Letting you plan financially with the certainty of fixed repayments at a competitive rate6.55% p.a.7.07% p.a.Up to 90%$0$0Principal and interest$150,000Up to 30 yearsInvestor
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Designed specifically for the purpose of investing in Defence Housing7.23% p.a.7.27% p.a.Up to 90%$0$0Principal and interest$150,000Up to 30 yearsInvestor
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Designed specifically for the purpose of investing in Defence Housing7.23% p.a.7.27% p.a.Up to 80%$0$0Interest only$150,000Up to 30 yearsInvestor
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Helping you build a dream home, a granny flat or renovate an existing home.7.03% p.a.7.07% p.a.Up to 90%$0$0Principal and interest or interest only4$50,0002 yearsConstruction Investor
The small print
Home Loan applications are subject to Australian Military Bank’s normal lending criteria. Full terms and conditions will be included with our loan offer. Fees and charges are applicable. Rates are effective from 11 April 2024 and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise
1 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply. Separate Interest Rates and Comparison Rates apply for Interest Only loans. Contact us to find out more.
2 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). The rates displayed are only available for new investors, loan borrowings of $150,000 or more (excluding the Investment Construction Home Loan, the interest rate displayed is applicable for new borrowings of $50,000)
3 Comparison rate is calculated on a loan amount of $150,000 over a 25-year term. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: The comparison rate is applicable only for the example given and may not include all fees and charges. Different amounts and terms will result in different comparison rates.
4 This amount is inclusive of Lenders Mortgage Insurance (LMI) premium (except for Investment Construction Home Loan, where LVR is exclusive of LMI). LMI is required when borrowing in excess of 80% LVR. Further restrictions may apply as required by our Lender’s Mortgage Insurance provider
5 Based on total average monthly balance and applies to ATM, EFTPOS, Direct Debit and BPAY® transactions.
The Target Market Determinations (TMD) for our products are available here
® Registered to BPAY Pty Ltd ABN 69 079 137 518
The small print
Home Loan applications are subject to Australian Military Bank’s normal lending criteria. Full terms and conditions will be included with our loan offer. Fees and charges are applicable. Rates are effective from 11 April 2024 and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise
1 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply. Separate Interest Rates and Comparison Rates apply for Interest Only loans. Contact us to find out more.
2 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). The rates displayed are only available for new investors, loan borrowings of $150,000 or more (excluding the Investment Construction Home Loan, the interest rate displayed is applicable for new borrowings of $50,000)
3 Comparison rate is calculated on a loan amount of $150,000 over a 25-year term. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: The comparison rate is applicable only for the example given and may not include all fees and charges. Different amounts and terms will result in different comparison rates.
4 This amount is inclusive of Lenders Mortgage Insurance (LMI) premium (except for Investment Construction Home Loan, where LVR is exclusive of LMI). LMI is required when borrowing in excess of 80% LVR. Further restrictions may apply as required by our Lender’s Mortgage Insurance provider
5 Based on total average monthly balance and applies to ATM, EFTPOS, Direct Debit and BPAY® transactions.
The Target Market Determinations (TMD) for our products are available here
® Registered to BPAY Pty Ltd ABN 69 079 137 518