ME Bank Home Loans, Interest Rates, Calculator & Reviews - Best Find

Filter Results


Home loan amount

Deposit percentage

Loan term (years)

Interest rate type

Repayment frequency

Features

State availability

Home loan type

Home loan provider

ME Bank Home Loans

for $150,000 over 25 years
ME Bank
4.09%
4.11%
$801.36
$0

Basic Home Loan - P&I

Expand info ˅

ME Bank's Basic Home Loan - P&I is a Variable home loan with rates from 4.11%

Home Loan Overview

Maximum LVR 80%

Maximum insured LVR 80%

Minimum loan amount$40,000

Maximum loan amount$100,000,000

Minimum loan term 5 years

Maximum loan term 30 years

Interest rate type Variable

Home loan interest rates (base)4.09%

Home loan comparison rate4.11%

GO TO ME Bank

Repayments & Redraws

Monthly repayments (approx)$801

Total repayments (approx)$240,408

Total interest (approx)$90,408

Redraw facility Yes

Redraw fee $0

Minimum redraw amount TBA

Offset facility No

Extra repayments allowed? TBA

Extra repayment fees TBA

Extra repayments restrictions TBA

Repayments weekly Yes

Repayments biweekly Yes

Repayments monthly Yes

GO TO ME Bank

Home Loan Fees

Application fee $0

Legal fee $200

Valuation fee $200

Settlement fee $0

Discharge fee $300

Regular or monthly fee

GO TO ME Bank

Loan Availability

InvestmentNo

First home buyersYes

Owner occupierYes

RefinanceYes

Line of creditNo

Self-managed superNo

State availabilityNSW, VIC, SA, WA, QLD, ACT, NT, TAS

GO TO ME Bank

Other

SponsoredNo

Data accurate as of5/01/2017

GO TO ME Bank

Comparison rate warning

Monthly repayments, total repayment amount and comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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.

GO TO ME Bank

Hide info ˄

ME Bank
4.49%
4.51%
$835.12
$0

Basic Investment Loan - P&I

Expand info ˅

ME Bank's Basic Investment Loan - P&I is a Variable home loan with rates from 4.51%

Home Loan Overview

Maximum LVR 95%

Maximum insured LVR 95%

Minimum loan amount$40,000

Maximum loan amount$100,000,000

Minimum loan term 5 years

Maximum loan term 30 years

Interest rate type Variable

Home loan interest rates (base)4.49%

Home loan comparison rate4.51%

GO TO ME Bank

Repayments & Redraws

Monthly repayments (approx)$835

Total repayments (approx)$250,536

Total interest (approx)$100,536

Redraw facility Yes

Redraw fee $0

Minimum redraw amount TBA

Offset facility No

Extra repayments allowed? TBA

Extra repayment fees TBA

Extra repayments restrictions TBA

Repayments weekly Yes

Repayments biweekly Yes

Repayments monthly Yes

GO TO ME Bank

Home Loan Fees

Application fee $0

Legal fee $200

Valuation fee $200

Settlement fee $0

Discharge fee $300

Regular or monthly fee

GO TO ME Bank

Loan Availability

InvestmentYes

First home buyersYes

Owner occupierNo

RefinanceYes

Line of creditNo

Self-managed superNo

State availabilityNSW, VIC, SA, WA, QLD, ACT, NT, TAS

GO TO ME Bank

Other

SponsoredYes

Data accurate as of5/01/2017

GO TO ME Bank

Comparison rate warning

Monthly repayments, total repayment amount and comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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.

GO TO ME Bank

Hide info ˄

ME Bank
5.79%
5.81%
$949.81
$0

Flexible Home Loan - P&I

Expand info ˅

ME Bank's Flexible Home Loan - P&I is a Variable home loan with rates from 5.81%

Home Loan Overview

Maximum LVR 80%

Maximum insured LVR 80%

Minimum loan amount$40,000

Maximum loan amount$100,000,000

Minimum loan term 5 years

Maximum loan term 30 years

Interest rate type Variable

Home loan interest rates (base)5.79%

Home loan comparison rate5.81%

GO TO ME Bank

Repayments & Redraws

Monthly repayments (approx)$949

Total repayments (approx)$284,943

Total interest (approx)$134,943

Redraw facility Yes

Redraw fee $0

Minimum redraw amount TBA

Offset facility Yes

Extra repayments allowed? Yes

Extra repayment fees TBA

Extra repayments restrictions TBA

Repayments weekly Yes

Repayments biweekly Yes

Repayments monthly Yes

GO TO ME Bank

Home Loan Fees

Application fee $0

Legal fee $200

Valuation fee $200

Settlement fee $0

Discharge fee $300

Regular or monthly fee

GO TO ME Bank

Loan Availability

InvestmentNo

First home buyersYes

Owner occupierYes

RefinanceYes

Line of creditNo

Self-managed superNo

State availabilityNSW, VIC, SA, WA, QLD, ACT, NT, TAS

GO TO ME Bank

Other

SponsoredNo

Data accurate as of5/01/2017

GO TO ME Bank

Comparison rate warning

Monthly repayments, total repayment amount and comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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.

GO TO ME Bank

Hide info ˄

UBank
3.62%
3.62%
$760.62
$0

Discount Offer Variable Home Loan < $700k +$1,000 cash when you refinance > $200k. Offer conditions apply.

Expand info ˅

Switch your home loan to just the bank you need, and we'll deposit $1,000 in to a USaver account. Refinance a non-UBank home loan of at least $200,000 and apply between 9 April 2018 and 6 May 2018, Offer conditions apply..

Home Loan Overview

Maximum LVR 80%

Maximum insured LVR 80%

Minimum loan amount$100,000

Maximum loan amount$699,999

Minimum loan term 1 year

Maximum loan term 30 years

Interest rate type Variable

Home loan interest rates (base)3.62%

Home loan comparison rate3.62%

GO TO UBank

Repayments & Redraws

Monthly repayments (approx)$760

Total repayments (approx)$228,186

Total interest (approx)$78,186

Redraw facility Yes

Redraw fee $0

Minimum redraw amount No minimum

Offset facility Yes

Extra repayments allowed? Yes

Extra repayment fees $0

Extra repayments restrictions No restrictions

Repayments weekly Yes

Repayments biweekly Yes

Repayments monthly Yes

GO TO UBank

Home Loan Fees

Application fee $0

Legal fee $0

Valuation fee $0

Settlement fee $0

Discharge fee $0

Regular or monthly fee $0

GO TO UBank

Loan Availability

InvestmentNo

First home buyersYes

Owner occupierYes

RefinanceYes

Line of creditNo

Self-managed superNo

State availabilityNSW, VIC, SA, WA, QLD, ACT, NT, TAS

GO TO UBank

Other

SponsoredYes

Data accurate as of1/02/2018

GO TO UBank

Comparison rate warning

Monthly repayments, total repayment amount and comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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.

GO TO UBank

Hide info ˄

Heritage Bank
3.69%
3.71%
$767.84
$150

Discount Variable Home Loan ($150k+) (LVR < 80%)

Expand info ˅

Heritage Bank's Discount Variable Home Loan ($150k+) (LVR < 80%) is a Variable home loan with rates from 3.71%

Home Loan Overview

Maximum LVR 80%

Maximum insured LVR 80%

Minimum loan amount$150,000

Maximum loan amount$100,000,000

Minimum loan term 1 year

Maximum loan term 30 years

Interest rate type Variable

Home loan interest rates (base)3.69%

Home loan comparison rate3.71%

GO TO Heritage Bank

Repayments & Redraws

Monthly repayments (approx)$767

Total repayments (approx)$230,352

Total interest (approx)$80,352

Redraw facility Yes

Redraw fee $0

Minimum redraw amount TBA

Offset facility No

Extra repayments allowed? Unlimited

Extra repayment fees TBA

Extra repayments restrictions TBA

Repayments weekly Yes

Repayments biweekly Yes

Repayments monthly Yes

GO TO Heritage Bank

Home Loan Fees

Application fee $150

Legal fee $0

Valuation fee $0

Settlement fee $150

Discharge fee $200

Regular or monthly fee $0

GO TO Heritage Bank

Loan Availability

InvestmentNo

First home buyersYes

Owner occupierYes

RefinanceYes

Line of creditNo

Self-managed superNo

State availabilityNSW, VIC, SA, WA, QLD, ACT, NT, TAS

GO TO Heritage Bank

Other

SponsoredYes

Data accurate as of28/02/2018

GO TO Heritage Bank

Comparison rate warning

Monthly repayments, total repayment amount and comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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.

GO TO Heritage Bank

Hide info ˄

UBank
3.99%
3.99%
$790.93
$0

Discount Offer for Investors Variable P&I Rate +$1,000 cash when you refinance > $200k. Offer conditions apply.

Expand info ˅

Switch your home loan to just the bank you need, and we'll deposit $1,000 in to a USaver account. Refinance a non-UBank home loan of at least $200,000 and apply between 9 April 2018 and 6 May 2018, Offer conditions apply.

Home Loan Overview

Maximum LVR 80%

Maximum insured LVR 80%

Minimum loan amount$100,000

Maximum loan amount$2,000,000

Minimum loan term 1 year

Maximum loan term 30 years

Interest rate type Variable

Home loan interest rates (base)3.99%

Home loan comparison rate3.99%

GO TO UBank

Repayments & Redraws

Monthly repayments (approx)$790

Total repayments (approx)$237,279

Total interest (approx)$87,279

Redraw facility Yes

Redraw fee $0

Minimum redraw amount No minimum

Offset facility Yes

Extra repayments allowed? Yes

Extra repayment fees $0

Extra repayments restrictions No restrictions

Repayments weekly Yes

Repayments biweekly Yes

Repayments monthly Yes

GO TO UBank

Home Loan Fees

Application fee $0

Legal fee $0

Valuation fee $0

Settlement fee $0

Discharge fee $0

Regular or monthly fee $0

GO TO UBank

Loan Availability

InvestmentYes

First home buyersYes

Owner occupierNo

RefinanceYes

Line of creditNo

Self-managed superNo

State availabilityNSW, VIC, SA, WA, QLD, ACT, NT, TAS

GO TO UBank

Other

SponsoredYes

Data accurate as of1/02/2018

GO TO UBank

Comparison rate warning

Monthly repayments, total repayment amount and comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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.

GO TO UBank

Hide info ˄

results per page

BestFind.com.au provides factual information in relation to financial products. While BestFind.com.au attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at time of publishing. The information published on BestFind.com.au is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with BestFind.com.au. BestFind.com.au recommends that you read the relevant PDS or offer documentation before taking up any financial product offer. For more information please see BestFind.com.au's Terms of Use and Services Guide.

Compare 100s of home loans

Did you know you can compare 100s of mortgages? Review, calculate interest rate repayments, apply online and save by visiting our main home loans comparison page.

Compare and review ME Bank home loans

Looking to finance a new home? When comparing ME Bank home loans, there are other key facts to consider and understand, other than just ME Bank’s interest rates.

What home loan options does ME Bank offer?

ME Bank has 3 home loan products:

  • ME Bank Flexible Home Loan
  • ME Bank Basic Investment Loan
  • ME Bank Basic Home Loan

View the above table for detailed product information and a comparison of the interest rates, fees and features.

You can also review and compare ME Bank personal loansME Bank car loan and ME Bank credit cards.

Do you have a ME Bank home loans calculator?

Yes. Use the filter to adjust your loan amount and term to calculate your approximate monthly repayments. When you apply the filter, you will see a breakdown of your approximate monthly repayments as well as the total amount of interest and fees paid.

For a more accurate quote, contact ME Bank directly.

How to apply for a ME Bank home loan?

If you’d like to apply online for a ME Bank home loan, just scroll up and click on “Learn more” to be taken to ME Bank’s secure online application form. Before you apply, be sure to learn about ME Bank’s loan products, fees and eligibility criteria. Give yourself around 30-60 minutes to complete the home loan application.

ME Bank’s home loan eligibility criteria

Before you apply for a home loan, be sure to understand and meet the ME Bank’s lending criteria. Below is high-level overview of ME Bank’s criteria:

ME Bank’s minimum requirements for a home loan

  • Minimum age of 18
  • You have a decent credit history
  • You’re a permanent Australian resident or valid work visa holder (457 or other diplomatic visas)
  • Regular source of income
  • A sufficient deposit

Financial Information you’ll need to provide

Whether at the ME Bank branch or online, you will need to show your finances in order for the bank to establish your home loan borrowing capacity:

  • Proof of income, at least 3 months of payslips and/or rental income (if applicable)
  • Tax returns not older than 18 months and an ATO Notice of assessment Personal
  • Proof of ID (Driver License or ID card) passport, contact information and address
  • A list of your expenses, assets and liabilities (such as other loans or credit cards)
  • Any equity or deposit or existing property you already own to support and secure your loan

Have rental income?

If you also have rental income, please provide one of the following:

  • A formal signed lease (either current or new)
  • Most recent rental statement
  • Rental credits to your account for the past 3 months

If you’re self-employed, you will also need to provide:

  • Financial statements for the last year (no older than 18 months)
  • Your most recent personal/business tax return (no older than 18 months)

Other things to keeping mind when applying

  • Approval time can take up to two weeks.
  • It’s advantageous to have a good credit history. For example, you have no recent defaults and no frequent requests for credit
  • Credit cards with large credit limits are viewed as liabilities, even if there’s nothing owing. If you have existing liabilities, be certain you can pay them off and close unnecessary credit cards

There are many additional factors ME Bank consider when accessing your application, but the above are the most important. If you feel like you may not meet their eligibility criteria, it may be best to save a little while longer!

Additional ME Bank home loan information

ME Bank’s minimum and maximum home loan amounts and terms

How much can you borrow? Between $40,000 and $100,000,000, over terms between 5 years and 30 years. Use our filter as a repayment calculator to see your estimated monthly repayments and rates.

Repayment schedule

ME Bank allow weekly, fortnightly or monthly repayment.

Extra repayment or early penalties

ME Bank allows you to make additional or early repayments. There are fees associated with completely repaying your loan off early. View their terms and conditions to learn more about early termination.

Refinancing

If you want to refinance your home loan and you’re not with ME Bank, you will need to provide:

  • Mortgage statements for the last 3 months
  • A current payout quote for any loans you plan to refinance, including all current fees and charges and any early repayment costs or exit fees

Details about your property purchase or construction

You’ll need to provide ME Bank with some information about the property you’re buying or building. This may be required before ME Bank can finalise your mortgage offer.

If you’re buying:

  • Signed Contract of Sale
  • Copy of Transfer of Land
  • Proof of Property Insurance

If you’re building:

  • Council approved building plans, specifications or Building Permit
  • Fixed Price Builders Contract

Insurance documents

Please bring any documents that can provide information about your current insurance policies, including:

  • Home and contents insurance
  • Investment property insurance
  • Income protection
  • Life insurance
  • Total and permanent disablement cover
  • Trauma cover