Offset Home Loan Package up to Offset Home Loan Package - (up to $749K) LVR >90% to 95% (Principal & Interest) (Owner Occupied)

  • 4.19%
    p.a Standard Variable
  • 4.35%
    p.a Comparison**
  • $0
    Upfront fees
  • $398
    Annual fees
  • 95%
    Max LVR
  • $1,918
    Per Month*

About Macquarie Bank

Macquarie Group is a leading provider of financial, advisory, investment and funds management services. Their global operations include offices in the world's major financial centres. Their breadth of expertise covers advisory and capital markets, trading and hedging, funds management, asset finance, financing, research and retail financial services. The diversity of Macquarie Group’s operations, combined with a strong capital position and robust risk management framework, has contributed to our 45-year record of unbroken profitability.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 95% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For ["Owner Occupied"], in ["NSW", "NT", "QLD", "SA", "WA", "VIC", "TAS", "ACT"].

1 - 30 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Credit Card
Internet Banking
Telephone Banking
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repaments Monthly.

Interest Only Option
Max Interest Only
0 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Yearly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


Repayment type Monthly only until further advice. A complete home loan solution with a fully transactional offset account. Includes: - Multiple offsets: link up to 10 offset accounts to each loan account - Unlimited loan account splits, all with varying rate and repayment types - Extra repayments allowed - Each offset account comes with a Debit MasterCard with free access to all domestic ATMs, including the rediATM network - Macquarie Credit Card with annual cardholder fees waived Offset and Line of Credit Home Loans are ‘packaged’ loans that come with: - A Macquarie Credit Card with the cardholder annual fees waived whilst the home loan is held - One free variation per year - Transactional access with a Platinum Debit MasterCard - Annual package fee of $398, this covers up to 5 loan facilities. If a borrower is not approved for the credit card as part of their package, they will still remain on a package, retaining all the benefits of the free variation and transactional access at a half package fee of $199 per year. Package terms and conditions apply. Unlimited amount of additional repayments can be made to loans with a variable interest rate through the loan term without penalty. Payment method: Direct Debit, Salary Credit/Funds Transfer – manual repayment to be arranged by the borrower each repayment cycle.

LVR Notes

LMI payable if LVR >80%. Purchase Owner Occupied P&I max LVR 95% inclusive of LMI capitalisation. Purchase/Equity release/Refinances max 90% inclusive of LMI capitalisation. Owner Occupier Interest Only max 80% inclusive of LMI capitalisation. Maximum loan amount $5m at <=70%, $2,000,000 at 80% LVR, $850k at 90% LVR, $750k at 95% LVR (Only available for Owner Occupied, must be purchase and P&I only, not applicable for IO)


Evidence of savings required(minimum 5% where LVR is greater than 85%) A minimum deposit of 15 per cent required for loan amount greater than $2,000,000.

Fee Notes

Redraw free if electronic. Construction admin fee: $699 (=$400,000) $999 (>$400,000) Valuation fee: Payable if valuation >$300. $110 Valuation upfront fee payable if the last valuation is older than three months as at the Settlement Date. $250 Variation fee payable for a variation to the Loan Facility. Documentation fee: $330+GST (standard deals) $440+ GST (complex deals) Additional costs to a max of $190 paid by MSL *Displayed as 'at cost' in loan offer Additional sub account fee: $100

*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