Ultimate Essentials I/O Con
The cream of the crop when it comes to our range of home loans on offer.
- From (owner occupied)
- 6.74%
- 6.84% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Interest-only construction greater than $750k. | 6.74% | 6.84% | — |
| Variable Interest-only construction $250k - $750k. | 6.79% | 6.88% | — |
| Variable Interest-only construction under $250k. | 6.84% | 6.93% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Default notice (enforcement notice) Payable each time we send you a notice relating to default on a loan | Event | $20.00 |
| Arrears reminder notice fee (per letter) Payable each time we send you a reminder notice relating to arrears on a loan | Event | $20.00 |
| 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 |
Features
- Discounts on other products — No application fee on personal loans.
- Personal loans.
- No application or establishment fees.
- No monthly fees.
- Loan Portability
- Split Loan Facility — Up to two facilities at any time during the term pf loan following expiration of the interest only period
- Construction (interest only) available.
- Australia-based Contact Centre — Australia-based Contact Centre team who understand the unique challenges and opportunities of being in the defence community
Eligibility
- Employment statusAustralian Residents only
- Minimum age18
- Lending criteria — Individuals must have capacity
- Purpose — Construction or major renovations to owner occupied property
Constraints
- Maximum LVR — 95%
More Information
Published by Defence Bank under the Consumer Data Right · Last updated 19 May 2026 · Product ID 812 · View on CDR.gov.au