DHOAS Construction Loan
The Australian Military Bank Construction Loan is perfect for those wanting to build or renovate their homes. With interest only repayments to help you save during the construction period, our Construction Loan helps you to relax during this often stressful time available for DHOAS eligible applicants.
- From (owner occupied)
- 6.69%
- 6.72% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.69% | 6.72% | LVR <=98% |
Fees
| Fee | Type | Amount |
|---|---|---|
| RateSaver Switch Fee +3rd party costs- To switch to a RateSaver Loan | Event | $100.00 |
| Consent fee For 2nd or subsequent mortgages or lease registration | Event | $250.00 |
| Documentation re-issue fee + 3rd party costs | Event | $100.00 |
| Construction Loan Drawdown fee | Event | $65.00 |
| Audit Certificate Fee Per audit certificate requested | Event | $50.00 |
| Copies of statements (over 12 months) at branch or posted per page | Event | $5.00 |
| Default notice fee Payable when a notice is issued regarding a default under the contract | Event | $30.00 |
Features
- Extra repayments
- Split Loan
- Loyalty program — Relationship Reward Program
Eligibility
- Employment status — Applicants must be currently employed or receiving a regular income. Self employed clients should contact the Bank prior to applying
- Minimum age — 18 years
- Residency status — Individuals must be citizens or permanent residents of Australia.
- Individuals only
Constraints
- Maximum limit — $5,000,000.00
- Minimum limit — $50,000.00
- Minimum LVR — 0%
- Maximum LVR — 0.98%
- the minimum loan term for home loans is 8 years.
More Information
Published by Australian Military Bank under the Consumer Data Right · Last updated 24 June 2026 · Product ID 94727614-bf08-4683-af95-2200ae380c0b · View on CDR.gov.au