Interest Rates

 

Home Loans - Effective 19 February 2024

  Interest Rate Comparison Rate

Principal and Interest

   
Everyday Variable Home Loan L1 (Maximum LVR 95%)    
≤80% LVR 5.94% p.a.   5.99% p.a.  
80.01% - 90% LVR 6.09% p.a.   6.14% p.a.  
90.01% - 95% LVR 6.24% p.a.   6.29% p.a.  
Everyday Fixed Home Loan L1 (Maximum LVR 95%)    
1 Year 5.89% p.a.   5.98% p.a.  
2 Year 5.84% p.a.   5.97% p.a.  
3 Years 5.79% p.a.   5.95% p.a.  
5 Years 5.94% p.a. 5.99% p.a.
Offset Variable Home Loan L2 (Maximum LVR 95%)    
≤80% LVR 6.14% p.a.   6.19% p.a.  
80.01% - 90% 6.29% p.a.   6.34% p.a.  
90.01% - 95% 6.44% p.a.   6.49% p.a.  
Offset Fixed Home Loan L2 (Maximum LVR 95%)    
1 year 6.09% p.a.   6.18% p.a.  
2 year 6.04% p.a.   6.17% p.a.  
3 year 5.99% p.a.   6.15% p.a.  
5 year 6.14% p.a.   6.19% p.a.  
Standard Variable Home Loan L20  7.75% p.a. 7.80% p.a.

 

 

 

 

 

 

 

Interest Only available for Owner-Occupier construction loans for a maximum of 12 months.

Investment Loans - Effective 19 February 2024

  Interest Rate Comparison Rate

Principal and Interest

   
Everyday Variable Home Loan L1 (Maximum LVR 90%)    
≤80% LVR 6.24% p.a.   6.29% p.a.  
80.01% - 90% LVR 6.39% p.a.   6.44% p.a.  
Everyday Fixed Home Loan L1 (Maximum LVR 90%)    
1 Year 6.19% p.a.   6.28% p.a.  
2 Year 6.14% p.a.   6.27% p.a.  
3 Years 6.09% p.a.   6.25% p.a.  
5 Years 6.24% p.a.   6.29% p.a.  
Offset Variable Home Loan L2 (Maximum LVR 90%)    
≤80% LVR 6.44% p.a.   6.49% p.a.  
80.01% - 90% 6.59% p.a.   6.64% p.a.  
Offset Fixed Home Loan L2 (Maximum LVR 90%)    
1 year 6.39% p.a.   6.48% p.a.  
2 year 6.34% p.a.   6.47% p.a.  
3 years 6.29% p.a.   6.45% p.a.  
5 years 6.44% p.a.   6.49% p.a.  
Standard Variable Home Loan L20 8.34% p.a.   8.39% p.a.  

 

 

 

 

 

 

 

Interest Only available for Investment loans for a maximum of 5 years2. A premium of 0.20% is added to the applicable rate noted above.

Quick links

^Not available for commercial purposes and interest only
* Not available for commercial purposes and construction 

Footnotes:

  • 1 Comparison rate is based on a secured loan of $150,000 for a term of 25 years. WARNING: 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. Fees and charges apply. Rates quoted are correct as stated and are subject to change without further notice. All rates quoted are per annum. All applications are subject to MOVE’s standard credit assessment and eligibility criteria.
  • 2 Reverts to Owner Occupied or Investment Everyday Home Loan Variable <80% Rate. Minimum loan amount $100,000.
  • 3 Reverts to Owner Occupied or Investment Offset Home Loan Variable <80% Rate. Minimum loan amount $100,000.
  • 4 Alternate interest rate and LVR conditions apply to Interest Only loans. LMI may be required for loans over 80% LVR. Details are available upon application.