Home Loans

We work hard to offer straightforward, flexible and great-value home loans to suit your lifestyle.

Standard Variable Home Loan

Standard Variable Home Loan

Our popular Standard Variable Home Loan gives you the flexibility of variable interest rates and the benefits of a 100% offset facility to reduce your overall repayments.


offset account



No monthly

or annual fees



The Standard Variable Home Loan features:

  • A competitive variable interest rate
  • 100% offset facility
  • The option to make extra repayments to reduce your loan term 
  • Minimum loan amount of just $50,000
  • Loan term up to 30 years 
  • Principal and interest repayments
  • Flexible repayment frequencies - pay weekly, fortnightly or monthly
  • Redraw facility ($500 minimum)
  • Split Option (with other Australian Military Bank home loans)
  • No monthly or annual fees  
Enquire about the Standard Variable Home Loan online, over the phone on 
1300 13 23 28 or by visiting your nearest branch.

Rates & Fees


Here’s a summary of the rates and fees for the Standard Variable Home Loan:

  • Interest rate: 6.98% p.a.2
  • Comparison rate*: 7.02% 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.

  • Application fee: $500
  • Monthly fee: $0
  • Annual fee: $0
  • Mortgage discharge fee: $300
  • Lenders Mortgage Insurance (LMI)4: is required where borrowers do not have a deposit of at least 20% of the purchase price
  • 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



We’re often asked similar questions about our Standard Variable Home Loan so here are our top five – can’t see your question? Call 1300 13 23 28.

Can I may extra payments on my loan?
Yes. You can make additional repayments on your loan to reduce the overall loan term.
Can I redraw additional funds from my loan?
Yes. If you’re ahead in your repayments, you have the option to redraw money (minimum of $500) when you need it.
Can I link an offset account to my loan?
Yes. The Standard Variable Home Loan has a 100% offset account as an added benefit. 
Can I split my loan with another loan?
Yes. You can split your home loan with another Australian Military Bank Home Loans.  
Can I choose my repayment frequency?
Yes. You can choose the repayment frequency that best suits you - weekly, fortnightly or monthly.

Interest Rates2

starting from

Comparison Rates3

starting from

Maximum Loan to Value Ratio (LVR)4
Relationship Rewards6
Offset Facility Option
Redraw facility ($500 minimum)
Additional Repayments
Monthly Fees
Annual Fees
Split option available
Minimum Loan Amount
Maximum Loan Period
Loan Purpose
Loan Type

Use the arrows to scroll through the many Australian Military Bank Home Loans options  RESET


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