Amlak Premium Package (No Offset)
MCCA's Amlak Variable Package Finance Facility is a no-frills facility with a variable rental facility fee, offering flexibility to suit your needs. Borrow up to $2,000,000 (up to 90% LVR), choose principal and profit or profit‑only repayments. The discounted investment rental facility fee is available to customers who have a settled or new owner‑occupied application with MCCA, while the discounted owner‑occupied rental facility fee is available to customers who have a settled or new investment application with MCCA.
- From (owner occupied)
- 6.24%
- 6.34% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The Owner-Occupied Bundle Rental Facility Fee is available to customers who are applying for an owner-occupied home facility and either already have an investment facility with MCCA or are taking out a new investment facility with MCCA. | 6.24% | 6.34% | Loan-to-Value Ratio (LVR) |
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The Owner-Occupied Bundle Rental Facility Fee is available to customers who are applying for an owner-occupied home facility and either already have an investment facility with MCCA or are taking out a new investment facility with MCCA. | 6.34% | — | Loan-to-Value Ratio (LVR) |
Fees
| Fee | Type | Amount |
|---|---|---|
| Application Fee A one time fee charged at the time of application, comprising of a $755 application fee, and a $210 processing fee. | Upfront | $965.00 |
| Valuation Fee A variable fee charged at cost to assess the value of the property used as security for the finance facility, starting from a minimum amount. | Event | From $221.00 |
| Discharge Administration Fee A fee applied when releasing our mortgage to cover administrative processing of the discharge request. Waived if loan runs to term. | Exit | $300.00 |
| Discharge Documentation Fee A fee charged for preparing the necessary documentation when the loan is fully repaid and discharged. Waived if loan runs to term. | Exit | $250.00 |
Features
- Extra repayments
- Allows borrowers to make additional repayments on the facility to reduce rent and pay off the facility faster.
- Redraw facility
- Enables access to any extra repayments made, allowing funds to be withdrawn if needed.
Eligibility
- Minimum age — 18 yearsApplicants must be at least 18 years old to apply for this finance facility.
- Residency status — Are Australian or New Zealand citizens living and working in either Australia or New Zealand, or are Permanent Residents of Australia living and working in Australia.
- The Investment Bundle Rental Facility Fee is available to customers who are applying for an investment home facility and either already have an owner-occupied facility with MCCA or are taking out a new owner-occupied facility with MCCA.
- The Owner-Occupied Bundle Rental Facility Fee is available to customers who are applying for an owner-occupied home facility and either already have an investment facility with MCCA or are taking out a new investment facility with MCCA.
Constraints
- The term of the finance facility cannot exceed 30 years. — P30Y
- The term of the finance facility must be a minimum of 15 years. — P15Y
- Minimum limit — $50,000.00The minimum application amount that can be borrowed is $50,000.
- Maximum limit — $2,000,000.00The maximum application amount available under this product is $2,000,000.
Published by MCCA under the Consumer Data Right · Last updated 8 July 2026 · Product ID amlak-premium-package-no-offset