Macquarie Offset Home Loan
The Macquarie offset home loan package is designed to reduce your interest repayments, bucket your savings and access your savings without additional fees.
- From (owner occupied)
- 6.09%
- 6.34% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.09% | 6.34% | Offset owner occupied principal and interest max LVR 60% variable rate |
| Variable | 6.09% | 6.34% | Offset owner occupied principal and interest max LVR 70% variable rate |
| Fixed · 3 years | 6.09% | 6.34% | Offset owner occupied principal and interest max LVR 70% fixed rate |
| Variable | 6.14% | 6.39% | Offset owner occupied principal and interest max LVR 80% variable rate |
| Fixed · 2 years | 6.14% | 6.35% | Offset owner occupied principal and interest max LVR 70% fixed rate |
| Fixed · 3 years |
Fees
| Fee | Type | Amount |
|---|---|---|
| Construction Administration Fee A one-off fee payable at settlement which covers valuation costs and progress payments during construction period. | Event | $1,500.00 |
| Application Fee | Upfront | $0.00 |
| Monthly Fee Charged monthly | Ongoing | $0.00 |
| Annual Package Fee Charged yearly · $124 charged every 6 months in arrears based on loan Settlement Date. One package fee covers up to 5 loan applications that are submitted within 6 months, and where borrowers are common across each of the applications | Ongoing | $248.00 |
| Break Cost Break costs may be payable on early repayment during fixed rate periods if any of the following three events occur: 1. The whole of a fixed rate Loan Account is repaid. 2. The borrower makes additional repayments in excess of $10,000 into a fixed rate Loan Account in any year of the fixed rate term (i.e. in any 12 months from the date the fixed rate period commences). 3. The borrower changes the whole or part of the fixed rate Loan Account to another type of interest rate or repayment type, including changing to a different fixed rate period. The break cost could be substantial. Contact us for further information. | Other | Variable |
Features
- Offset account
- Open up to 10 offset transaction accounts per loan account with an optional Debit Mastercard. Offset home loans must have at least 1 offset transaction account linked to a variable loan account with a minimum loan size of $20,000. Offset transaction accounts can only be linked to variable rate loans.
- Have up to 6 loan accounts on settlement and unlimited after settlement. Each loan account can be set up with either principal and interest or interest only repayments for up to 5 years (subject to credit approval). Each loan account can also be set up with either a variable rate or a fixed rate for periods of 1-5 years. Repayments are due monthly.
- Digital banking
- Access to online banking and mobile banking app. Pay Anyone available with a $100,000 daily limit across all eligible accounts linked to a Macquarie ID for customers who use the Macquarie Authenticator App and a daily limit of $2,000 for customers without Authenticator. BPAY® out available up to the available balance of your account.
- Construction Loans. Borrowers can draw down their home loan in stages to fund their renovation or new home build.
- Repayments can be made via Direct Debit or Salary Credit/Electronic Funds Transfer.
Eligibility
- Residency status — Permanent resident of Australia.
- Minimum age — 18 yearsMinimum age requirement.
- Lending criteria, fees and T&Cs apply.
Constraints
- Minimum limit — $150,000.00Minimum new loan amount $150,000.
- Maximum limit — $10,000,000.00Maximum new loan amount $10,000,000.
- Maximum LVR — 95%Maximum LVR (Loan to Value Ratio) 0.95
Bundles
Offset Home Loan Package
Our offset home loan package gives you the option to add a credit card with a waived annual fee for the credit card for the life of your home loan. Lending criteria and T&Cs apply.
Add a credit card. Waived annual fee for credit card for the life of your loan. Terms and Conditions apply.
More Information
Published by Macquarie Bank Limited under the Consumer Data Right · Last updated 5 June 2026 · Product ID LN001MBLSTD001 · View on CDR.gov.au · View Source Data (JSON)