Lock in a little certainty with a fixed interest rate for 1-5 years.
Book appointmentChoose to make your repayments weekly, fortnightly or monthly 5 .
Lock in your fixed rate when you apply, so if rates rise before you settle, you won’t be affected (fees apply) 1 .
Choose to pay interest in advance on investment loans and get 0.2% p.a. off the fixed interest rate for the interest in advance period 2 .
A bundle of discounts and fee waivers, with a 0.15% p.a. fixed home loan interest rate discount and no annual credit card fee, for a $395 annual package fee 4 . Tell me more
Use the equity in a family member’s home to help you on your home buying journey and maximise the amount you can borrow. Learn more
Choose to re-fix your interest rate for another fixed rate period or let it revert automatically to our standard variable interest rate 3 .
For new Owner Occupier (Principal & Interest) packaged 4 home loans, $395 annual package fee applies. LVR + up to 70%. If you’re an existing Bank of Melbourne Home Loan customer, find out how to manage your home loan.
With the Rate Lock feature, you can lock in the current fixed interest rate. This way, for a fee, you are protected from the possibility of rising interest rates. If the current rate falls below your 'locked in’ rate on your settlement date, you'll be given the lower rate. Rate Lock will hold the current fixed rate for up to 90 days after you have locked in the rate for a fee of 0.15% of the loan amount (minimum fee amount $500, maximum charge is capped at $1,000 for loans up to $2M, and 0.15% of the loan amount for loan above $2M).
To apply for the Rate Lock feature, you can speak directly with your Home Finance Manager or Broker.
