Home loans

The interest rates provided on this page are current as at 9 May 2013 and are subject to change.

This information has been prepared by Macquarie Bank Limited (MBL) (Australian Credit Licence (ACL) 237502) ABN 46 008 583 542 for general purposes only and is not a suggestion to obtain credit, nor does it constitute the provision of credit assistance. This information does not take into account a person's particular requirements, objectives or financial situation. Before making a decision about whether to acquire a credit or lending product, a person should obtain and review the terms and conditions relating to that product and also seek independent financial, legal and taxation advice.

All applications are subject to Macquarie Bank Limited's normal credit approval criteria. Full terms, conditions and schedule of fees are set out in the relevant loan contracts. Terms and conditions, including fees and charges, may be varied or introduced in the future. Fees, charges and government taxes may be payable.

+ Available on eligible new home loan lodgements only, with a loan to value ratio equal to, or less than 80% that settle by 30 August 2013. To be eligible for the life of the loan 1.01% discount on packaged loans, you must: 1. apply for a package loan; 2.apply and be approved for a Macquarie Visa Platinum Card and activate your Macquarie Visa Platinum Card within 60 days of settlement of your loan. To continue receiving the discount you must keep your Macquarie Visa Platinum Card open for the life of the loan. If you close your Macquarie Visa Platinum Card before expiry or termination of your loan, the interest rate on your loan will revert to the current standard variable rate.

++ Available on new home loan lodgements only. To be eligible for the life of the loan discount on packaged loans, you must: 1. apply for a package loan; 2.apply and be approved for a Macquarie Visa Platinum card and activate your Macquarie Visa Platinum Card within 60 days of settlement of your loan. To continue receiving the discount you must keep your Macquarie Visa Platinum Card open for the life of the loan. If you close your Macquarie Visa Platinum Card before expiry or termination of your loan, the interest rate on your loan will revert to the current standard variable rate.

+++ Only applicable to Classic loan products with limited guarantees. Approval is subject to MBL's normal credit criteria. This feature is limited to variable principal and interest repayments. Loan and loan to value ratio (LVR) limitations apply. The maximum LVR is 85%.

^^ Fixed rate loans may be subject to significant break costs. Please refer to your loan contract and terms for details of break costs applicable. At the end of the fixed rate period, the loan rate will revert to the variable interest rate detailed in your loan contract, as applicable at that time.

* Comparison rate based on a $150,000 loan amount over 25 years. WARNING: This 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.

** Approval is subject to Macquarie Card Services credit criteria. Terms and conditions, fees and charges apply and are available on request. Your credit card will be made available shortly after settlement of your mortgage. Existing Macquarie credit card holders will retain their existing cards, and these cards will be linked to the package. An annual fee for each additional card is waived if requested on the application form and applies if requested after settlement, currently $10 for the Macquarie Visa RateSaver Card and $30 for Macquarie Visa Gold Card. If you have applied for a Macquarie Visa Platinum Card and your approved credit limit is less than $6,000, you will be issued with a Macquarie Visa Gold Card. Macquarie Card Services is a division of Macquarie Bank Limited which provides and administers credit.

*** The card annual fee is payable if the mortgage package is no longer held, currently $69 for the Macquarie Visa RateSaver Card, $130 for the Macquarie Visa Gold Card and $200 for the Macquarie Visa Platinum Card. Annual fees are subject to change.

# Overseas Travel Insurance, Interstate Flight Inconvenience Insurance, Transport Accident Insurance, Purchase Security Insurance and Extended Warranty Cover are underwritten by ACE Insurance Limited (ABN 23 001 642 020, AFSL No. 239687) (ACE) and are subject to the Terms and Conditions and exclusions contained in the Macquarie Bank Platinum Credit card policy of insurance between Macquarie Bank (ABN 46 008 583 542 AFSL No. 237502) and ACE.

º One general consent fee associated with a variation waived per year. Year refers to anniversary of settlement.

ºº The 0.10% variable rate product discount can be applied to either the non-SMSF loan, or to the SMSF Property Loan variable rate when a non-SMSF loan is submitted with (or before) the SMSF loan submission. Both loans must proceed to settlement. The borrower/s (or guarantors) on the non-SMSF loan must be the same as the guarantor/s on the SMSF loan.

^† Up to 55 days interest free on purchases only applies if your Account is paid in full by the due date shown each month (including any balance transfers).

^†† Up to $200,000 annually. Rewards are subject to the Macquarie Bank Rewards Program Terms and Conditions. Reward points are not earned on cash advances or balance transfers.

~ Includes all ATMs branded Westpac, St George or Bank of SA.

~~ The 0.10% discount for loans greater than $1 million is available off the variable rate on our Classic, Premium and Line of Credit products, for a single loan greater than $1 million that is secured by more than one acceptable security property. Discount does not apply to loans already receiving a 0.10% discount for 'SMSF + One' promotion.  This offer does not apply to construction loans, SMSF property loans or expanded income verification.

^ Applicable to Classic, Premium and Line of Credit products based on a revert rate at the end of the fixed rate period of either 5.29% (0.91% discount with a LVR ≤ 80%) or 5.34% (0.86% discount with a LVR > 80%), being the standard discounted rates.

## Applicable to Classic, Premium and Line of Credit products based on a revert rate at the end of the fixed rate period of either 5.19% (1.01% discount with a LVR ≤ 80%) or 5.24% (0.96% discount with a LVR > 80%), being the current discounted rates.

ºººApplicable to SMSF product based on a revert rate at the end of the fixed rate period of 6.20%.

^††† Applicable to SMSF product based on a revert rate at the end of the fixed rate period of 6.10%. 

¹ For the 1, 2 and 3 year fixed rates, at the expiry of the fixed rate period, the interest rate will convert to either a 0.91% discount off the SVR (LVR ≤ 80%) or 0.86% discount off the SVR (LVR > 80%), being the current standard discounted rates. Free rate lock up until 28 June 2013.

² For the 4 and 5 year fixed rates, at the expiry of the fixed rate period, the interest rate will convert to either a 1.01% discount off the SVR (LVR ≤ 80%) or a 0.96% discount off the SVR (LVR > 80%), being the current promotional discounted rates, as applicable.

³ For the 1,2 and 3 year fixed rates, at the end of the fixed rate period, the interest rate will revert to the standard variable rate, applicable at that time. Free rate lock up until 28 June 2013.

⁴ For the 4 and 5 year fixed rates, at the end of the fixed rate period, the interest rate will revert to 0.10% discount off the standard variable rate, applicable at that time.