An offset account will allow your savings to reduce the amount of interest you pay on the variable portion of your loan.
Divide your home loan into multiple accounts, so you can take advantage of the benefits of both fixed and variable loan accounts.
At Macquarie we offer flexible loan options, great rates, low fees and an exceptional digital and customer experience. That’s why more Australians are choosing to bank with Macquarie.
“For me, being a good borrower is about not stretching yourself too thin, so you are still building wealth in your home but you also have the freedom to enjoy the things that matter”
This information is provided by Macquarie Bank Australian Credit Licence 237502 and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Lending criteria, fees and T&Cs apply.
Variable interest rate and comparison rate for basic owner-occupied home loans with principal and interest repayment. Rate applies for new loans when you borrow up to 60% of the property value with a principal and interest repayment variable rate loan. Subject to change without notice.
The comparison rates are based on a loan for $150,000 and a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
1 year fixed rate° and comparison rate‡ for basic owner-occupied home loans with principal and interest repayments. Rate applies for new loans when you borrow up to 70% of the property value with a principal and interest repayment fixed rate loan. Subject to change without notice.
Fixed rate loans may be subject to significant break costs. Please refer to the loan contracts for terms and conditions regarding break costs. At the end of the fixed rate period, the interest rate will revert to the discount variable rate applicable at that time.
Home loan information and interest rates are current as at 5 August 2022 for new loans only and are subject to change.