---
title: "Essentials Home Loan — Arab Bank Australia Limited"
description: "Home Loans from Arab Bank Australia Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/arab-bank-australia-limited/products/ESS01
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-20T02:12:11.025527Z
---

# Essentials Home Loan — Arab Bank Australia Limited

> Home Loans from Arab Bank Australia Limited. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans · Arab Bank Australia Ltd Prod**

A competitive interest rate home loan product without being locked into a fixed rate for a set term. Offers you complete repayment flexibility and a full range of features.

## At a glance

- **From (owner occupied):** 9.39% (9.44% comparison)

## Apply

Applications are handled by the provider: [Apply at Arab Bank Australia Limited](https://www.arabbank.com.au/personal/home-loans/essentials)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (The comparison rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. Different amounts and terms will result in different Comparison Rates. · Loan-to-Value Ratio and Repayment Term) | 9.39% | 9.44% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Direct Debit Dishonour Fee — Payable whenever a direct debit to the Customer’s loan account is dishonoured. | Event | $35.00 |
| Deed Production Fee — Payable by the Customer whenever the Bank is required to produce a document to a government registry.  It does not include any solicitor costs or fees payable to a government registry to register a document | Event | $60.00 |
| Discharge of Security Fee — Payable if the Bank agrees to discharge a security.  The Bank may use some or all of this fee to pay its external costs.  It does not include any solicitor costs or fees payable to a government registry to register a release of the security | Exit | $250.00 |
| Redraw Fee (Over the Counter) | Transaction | $55.00 |
| Transfer Fee — Payable if the Customer asks the Bank to change the security property by releasing its security over some or all of the security property and taking security over different property, without any other amendments to the agreement. It does not include any solicitor costs or fees payable to a government registry to register a document. | Event | $300.00 |
| Arrears Letter Fee | Event | $35.00 |
| Progress Payment Fee — Payable whenever the Customer requests a progress payment. It does not include any fee payable for inspections by a quantity surveyor. | Event | $100.00 |
| Application Fee | Upfront | $600.00 |
| Redraw Fee (Online) | Transaction | $10.00 |
| Rollover Fee — Payable by the Customer at the end of a fixed rate period if the Customer chooses to rollover to another fixed interest rate for another fixed rate period rather than automatically converting to variable interest rate. | Event | $300.00 |
| Tenanted Security Report Fee — Per hour or part thereof - payable when the security property is to be the place of residence of the Customer and the Bank ascertains by inspection (because the Customer did not tell the Bank) that the Customer no longer occupies the security property.  It is calculated on the basis of the time that it takes the Bank’s staff or agents to inspect the security property. | Event | $100.00 |
| Additional Security Consent Fee — Payable whenever the Customer asks the Bank to consent to a security interest over the security property or any other property subject to the security.  It is payable whether or not the Bank consents to the security interest | Event | $150.00 |
| Title Change Fee — Payable if the Customer asks the Bank to change the title to any security property (for example as a result of a court order or by operation of law). It does not include any solicitor costs or fees payable to a government registry to register a document. | Event | $100.00 |
| Search Fee — Per hour or part thereof - payable whenever the Customer (or a Guarantor) requests a copy of a document (other than a statement) connected to the Facility.  It is calculated on the basis of the time that it takes the Bank’s staff to search for the document. | Transaction | $70.00 |

## Features

- **Redraw facility**
- **Digital banking**
- **Extra repayments**
- **Repayment Type: Principal & Interest.**
- **Loan Mortgage Insurance (LMI) is required if amount borrowed is more than 80% of the value of the property.**
- **Offset account**
- **Loan Purpose: Owner Occupied.
Repayment Type: Principal & Interest.**

## Eligibility

- **•	Available to applicants over the age of 18 years.
•	Applicant must meet the Bank’s Credit criteria.
•	Loan Mortgage Insurance (LMI) is required if amount borrowed is more than 80% of the value of the property.
•	Successful completion of applicable Arab Bank Australia Limited (ABAL) identification check requirements.
**
- **Minimum age** — 18 years (This loan is available to new and existing customers. )

## Constraints

- **Minimum limit** — $50,000.00

## More information from Arab Bank Australia Limited

- [Overview](https://www.arabbank.com.au/personal/home-loans/essentials)

## Data provenance

- Published by Arab Bank Australia Limited under the Consumer Data Right
- Product ID: `ESS01`
- Last updated by the provider: 20 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/arab-bank-australia-limited/ESS01
- Provider page: https://www.cdrcompare.au/brands/arab-bank-australia-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000353

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/arab-bank-australia-limited/products/ESS01) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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