Amlak Select Fixed
A fixed home finance facility available for both owner occupiers and investors, with fixed terms ranging from 1 to 5 years.
- From (owner occupied)
- 6.75%
- 6.43% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year | 6.75% | 6.43% | LVR (Loan to Value Ratio) |
| Fixed · 2 years | 6.85% | 6.5% | LVR (Loan to Value Ratio) |
| Fixed · 3 years | 6.95% | 6.58% | LVR (Loan to Value Ratio) |
| Fixed · 4 years | 7.25% | 6.74% | LVR (Loan to Value Ratio) |
| Fixed · 5 years | 7.35% | 6.86% | LVR (Loan to Value Ratio) |
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year | 7.15% | 6.83% | LVR (Loan to Value Ratio) |
| Fixed · 2 years | 7.25% | 6.9% | LVR (Loan to Value Ratio) |
| Fixed · 3 years | 7.35% | 6.98% | LVR (Loan to Value Ratio) |
| Fixed · 4 years | 7.65% | 7.14% | LVR (Loan to Value Ratio) |
| Fixed · 5 years | 7.75% | 7.26% | LVR (Loan to Value Ratio) |
Investment — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year | 6.95% | 6.63% | LVR (Loan to Value Ratio) |
| Fixed · 2 years | 7.05% | 6.7% | LVR (Loan to Value Ratio) |
| Fixed · 3 years | 7.15% | 6.78% | LVR (Loan to Value Ratio) |
| Fixed · 4 years | 7.45% | 6.94% | LVR (Loan to Value Ratio) |
| Fixed · 5 years | 7.55% | 7.06% | LVR (Loan to Value Ratio) |
Investment — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year | 7.35% | 7.03% | LVR (Loan to Value Ratio) |
| Fixed · 2 years | 7.45% | 7.1% | LVR (Loan to Value Ratio) |
| Fixed · 3 years | 7.55% | 7.18% | LVR (Loan to Value Ratio) |
| Fixed · 4 years | 7.85% | 7.34% | LVR (Loan to Value Ratio) |
| Fixed · 5 years | 7.95% | 7.46% | LVR (Loan to Value Ratio) |
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 |
| Break Cost Administration Fee Fixed Break Cost Administration Fee charged when a borrower breaks their fixed rate period, covering the administration of processing the break request, charged in addition to the Fixed Rate Break Cost. | Event | $150.00 |
| Rental Facility Lock Fee Fixed Rental Facility Lock Fee allows borrowers to lock in the fixed rental facility fee for 90 days, protecting against potential rental facility fee increases until settlement; compulsory for 5-year fixed terms and optional for other fixed terms. |
Features
- Extra repayments
- Allows borrowers to make additional repayments on the finance facility to reduce rent and pay off the facility faster. Limited to a maximum of $10,000 per year during the fixed term.
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.
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 1 July 2026 · Product ID amlak-select-fixed