Ultimate Essentials I/O
The cream of the crop when it comes to our range of home loans on offer.
- From (investment)
- 6.94%
- 7.02% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Ultimate Investor Interest-only variable | 6.94% | 7.02% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Ultimate Package Annual Fee Charged yearly · Payable initially upon settlement of the property and then annually on the anniversary of the date on which the first annual package fee was paid when the loan is linked to the Ultimate Package. | Ongoing | $96.00 |
| Arrears reminder notice fee (per letter) Payable each time we send you a reminder notice relating to arrears on a loan | Event | $20.00 |
| Default notice (enforcement notice) Payable each time we send you a reminder notice relating to a default on a loan | Event | $20.00 |
Features
- No application or establishment fees.
- No monthly fees.
- Loan Portability
- Split Loan Facility
- Fixed or Variable Options — Loan can be switched between Variable/Fixed interest rates
- Australia-based Contact Centre — Australia-based Contact Centre team who understand the unique challenges and opportunities of being in the defence community
- Home Loan Consultants — Speak with a home loan consultant today to discuss your options
- Extra repayments
Eligibility
- Residency statusAustralian residents only.
- Minimum age18
- Lending criteria. — Individuals must have capacity.
- Purpose. — Purchase/Refinance, investment, purchase vacant land, home imrovement.
Constraints
- Maximum LVR — 95%
More Information
Published by Defence Bank under the Consumer Data Right · Last updated 19 May 2026 · Product ID 810 · View on CDR.gov.au