Compare Bank of Melbourne Home Loans - Loan Market

Compare Bank of Melbourne Home Loans

Compare Bank of Melbourne home loan rates & repayments. Today's top deals from one of our 30+ banks and specialty lenders.


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The Bank of Melbourne is a financial institution based in Melbourne, Australia, established in 1989 and taken over by the Westpac Banking Corporation (Westpac) in 1997. A bank who believes in delivering the right finance solutions, rather than a generic package.

Their motto is to make their customer's life easier by adding genuine value to the way they deal with money in their day to day business. From buying a first home, restructuring a loan, to renovating at home, Bank of Melbourne will customise solutions to better suit their client's needs.

Also consider home loans from the Big4 Aussie Banks, or Compare All Home Loan Rates & Repayments

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Lender
Loan Details
Interest
Comparison
Repayments
  1. Basic Home Loan Promotional

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.78%
      p.a. variable
    • 3.78%
      p.a. Comparison
    • $1,805
      per month*
  2. Advantage Package 2 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.85%
      p.a. fixed
    • 4.56%
      p.a. Comparison
    • $1,851
      per month*
  3. Fixed Rate Home Loan 2 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.00%
      p.a. fixed
    • 5.07%
      p.a. Comparison
    • $1,857
      per month*
  4. Advantage Package 3 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.94%
      p.a. fixed
    • 4.53%
      p.a. Comparison
    • $1,869
      per month*
  5. Fixed Rate Home Loan 3 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.09%
      p.a. fixed
    • 5.00%
      p.a. Comparison
    • $1,875
      per month*
  6. Advantage Package 1 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.99%
      p.a. fixed
    • 4.62%
      p.a. Comparison
    • $1,878
      per month*
  7. Fixed Rate Home Loan 1 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.14%
      p.a. fixed
    • 5.17%
      p.a. Comparison
    • $1,885
      per month*
  8. Advantage Package 2 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.24%
      p.a. fixed
    • 4.62%
      p.a. Comparison
    • $1,927
      per month*
  9. Fixed Rate Home Loan 2 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.39%
      p.a. fixed
    • 5.13%
      p.a. Comparison
    • $1,934
      per month*
  10. Advantage Package 5 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.29%
      p.a. fixed
    • 4.58%
      p.a. Comparison
    • $1,937
      per month*
  11. Advantage Package 4 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.29%
      p.a. fixed
    • 4.60%
      p.a. Comparison
    • $1,937
      per month*
  12. Fixed Rate Home Loan 5 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.44%
      p.a. fixed
    • 4.98%
      p.a. Comparison
    • $1,944
      per month*
  13. Fixed Rate Home Loan 4 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.44%
      p.a. fixed
    • 5.03%
      p.a. Comparison
    • $1,944
      per month*
  14. Advantage Package 3 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.34%
      p.a. fixed
    • 4.62%
      p.a. Comparison
    • $1,947
      per month*
  15. Fixed Rate Home Loan 3 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.49%
      p.a. fixed
    • 5.09%
      p.a. Comparison
    • $1,953
      per month*
  16. Advantage Package Standard Special Discount

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.45%
      p.a. variable
    • 4.61%
      p.a. Comparison
    • $1,968
      per month*
  17. Advantage Package Standard Special Discount

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.45%
      p.a. variable
    • 4.61%
      p.a. Comparison
    • $1,968
      per month*
  18. Basic Home Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 4.62%
      p.a. variable
    • 4.62%
      p.a. Comparison
    • $1,969
      per month*
  19. Basic Home Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.62%
      p.a. variable
    • 4.62%
      p.a. Comparison
    • $1,969
      per month*
  20. Advantage Package 1 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.49%
      p.a. fixed
    • 4.66%
      p.a. Comparison
    • $1,976
      per month*
  21. Fixed Rate Home Loan 1 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.64%
      p.a. fixed
    • 5.22%
      p.a. Comparison
    • $1,983
      per month*
  22. Advantage Package 4 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.64%
      p.a. fixed
    • 4.70%
      p.a. Comparison
    • $2,006
      per month*
  23. Fixed Rate Home Loan 4 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.79%
      p.a. fixed
    • 5.14%
      p.a. Comparison
    • $2,013
      per month*
  24. Advantage Package 5 Yr Fixed Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.84%
      p.a. fixed
    • 4.79%
      p.a. Comparison
    • $2,046
      per month*
  25. Fixed Rate Home Loan 5 Year

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 4.99%
      p.a. fixed
    • 5.19%
      p.a. Comparison
    • $2,054
      per month*

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided