Budget Home Loan
A low cost home loan with a competitive variable interest rate.
- From (owner occupied)
- 5.89%
- 5.89% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable LVR up to 59.99%. | 5.89% | 5.89% | — |
| Variable For LVR 60% to 79.99%. | 6.09% | 6.09% | — |
| Variable For LVR 80% to 95%. | 7.08% | 7.08% | — |
Investment — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable LVR up to 59.99%. | 6.69% | 6.69% | — |
| Variable LVR 60% to 79.99%. | 6.69% |
Fees
| Fee | Type | Amount |
|---|---|---|
| CHEQUE_ISSUING_FEE Capped at $0.00 · Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque. | Event | $2.50 |
| CONSENT_FEE Capped at $0.00 · Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property. | Event | $200.00 |
| DEFAULT_ADMINISTRATION_FEE Capped at $0.00 · Payable to us when the borrower (or security provider) has not performed an obligation on time including an obligation to pay money. This fee is payable monthly commencing one month after the obligation should have been performed and up to and including the month in which the obligation is performed. We debit these fees to your loan account each month until the default is remedied. | Event | $50.00 |
| DISCHARGE_ADMINISTRATION_FEE Capped at $0.00 · Per Security. Payable to us each time we release a security. | Event | $200.00 |
| DISHONOUR_FEE Capped at $0.00 · Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured. | Event | $9.00 |
| DUPLICATE_FEE |
Features
- Digital banking
- Redraw facility
- Minimum redraw $500.00, online or staff assisted
- Loan terms of up to 30 years
- Extra repayments
- Extra repayments permitted without penalty
Eligibility
- Residency status — Australian citizen or a permanent resident of Australia or otherwise approved
- Minimum age — 18 years
- Secrued by approved residential or rural lifestyle property
Constraints
- Minimum limit — $100,000.00Minimum loan amount up to $100,000.00
- Maximum LVR — 95%
More Information
Published by Maitland Mutual Limited under the Consumer Data Right · Last updated 5 July 2026 · Product ID Budget_Home_Loan · View on CDR.gov.au · View Source Data (JSON)