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Submit your application in a few simple steps. Apply if you are 18 years or older and a permanent resident of Australia.


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Answer a few simple questions and we’ll provide a tailored quote with your rate and repayments.


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Provide information about you, your property, what you earn and what you owe.


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Once you’ve submitted your application, one of our friendly banking specialists will review it and get in touch to answer any questions and guide you through the next steps.


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Thanks for your enquiry. We’ll aim to contact you within one business day.

For some enquiries we will contact you via email only.

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If you're refinancing, request a call or contact us on 13 62 27 Monday to Friday 8am - 6pm (Sydney time).

For a faster response on your pre-approval enquiry, try our calculator to estimate your borrowing power and continue to apply online.

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Frequently asked questions

To see how we calculate your potential home loan repayments, use our home loan repayments calculator. The home loan repayment calculator can help you work out how much your monthly repayments will be, based on how much you plan to borrow.

The assumptions used in our home loan repayments calculator are as follows:

  • Your loan to value ratio (LVR), purpose of your loan and how you will be paying determines your interest rate.
  • Your LVR is calculated by dividing the amount you'd like to borrow by the value of the property as a percentage.
  • The value of your property is assumed to be the same as the amount you'd like to borrow plus deposit.
  • The loan term is set at 30 years.
  • Calculations are based on a variable rate, except for the initial fixed rate period if one is selected.
  • Interest rates do not change for the life of the loan.
  • Interest is charged monthly.
  • Repayments are made monthly.
  • It does not consider your ability to make the repayments shown.

The information contained in the calculator is by way of example only and should not be regarded as a prediction, or as personal advice.


Interest is calculated on your outstanding loan balance at the end of each day. The outstanding loan balance is multiplied by the interest rate on the loan account and divided by 365 days to calculate a daily interest charge. Interest is calculated daily, and charged monthly to your loan account.

Please note:

  • Interest-only loan repayments will not pay off any principal during the interest only term
  • The repayments required to pay out the loan will increase after the interest only period ends to cover both principal and interest. This is because you have less time until loan maturity to pay off your full principal amount
  • You may pay more over the life of the loan than if there was no interest only term.

Ideally, you should save as much as possible before buying a home. The more you save for a home loan deposit, the smaller your loan could be and the higher your chances of getting approved for a home loan.

Make sure your deposit savings plan considers the extra costs associated with buying and moving into your new home. This can include conveyancing, stamp duty costs and other government and upfront costs.

LVR is the amount you need to borrow, calculated as a percentage of the value of your property. For example, if your loan amount is $400K and your property value is $500K, then your LVR is 80%.

The difference between a fixed-rate home loan and a variable rate home loan is in the interest rate structure. With a fixed-rate home loan, the interest rate remains constant for a set period, typically one to five years.

At the end of the five years, the loan will usually switch to a variable rate. In contrast, a variable rate home loan has an interest rate that can change, usually in response to market conditions. This means that your repayments can fluctuate over time, potentially increasing or decreasing based on changes in interest rates.

Macquarie offers flexible options, with the ability to split your loan between variable and fixed interest rates to suit your circumstances.

Please note: You can’t have the entirety of your offset home loan assigned to a fixed rate. You must have at least $20k of your offset home loan assigned to a variable interest rate.

Once you’ve completed an application with your broker or home loan specialist, we can (in most cases) provide you with a pre-approval within one business day if your application qualifies. Once you are successful with a property and provide us with all required documentation, we work quickly to provide you with unconditional approval and open your home loan account.

This timing depends on how quickly we can verify your identity, assess your application, and transfer security.

We’ll let you know by email if your application is successful and when your account is open and ready to use.

If you have any questions about the status of your application, talk to your broker or your home loan specialist.

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Additional information

This information has been prepared by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 (MBL) 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.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.


The information in this calculator is by way of example only and is not a prediction or professional financial advice. Calculations are not forecasts, but may assist you in making your own projections. Subject to law, Macquarie will not be liable for any loss or damage caused by your use of the calculator. The information in the calculator does not constitute an offer to lend or imply the product is suitable for you.


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.


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. Offset accounts cannot be linked to loan accounts with a fixed interest rate and you must have a variable rate loan account with a minimum balance of $20,000 to qualify for a fixed rate.

Open up to 10 offset accounts per variable loan account if you have an individual or joint borrower home loan. Company and trust borrowers can open up to 4 offset accounts which must be opened at application. Offset accounts cannot be linked to fixed rate loan accounts. For split loans, with a fixed and variable rate portion, the variable rate loan account must have a minimum limit of $20,000 to qualify for an offset account.


Approval is subject to Macquarie credit criteria and suitability assessment. Terms and conditions apply and are available upon request. Fees and charges apply. Allow up to 10 working days to process your application.


We don’t charge fees for card purchases or transactions made or processed outside Australia but others, such as the banks of international merchants, might.

Home loan information and interest rates are current as at 24 April 2024 for new loans only and are subject to change.