ME Bank EconoME Home Loan
ME Bank EconoME Home Loan
- From (owner occupied)
- 5.99%
- 6.01% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable VARIABLE Rate, OO, P&I, VARIABLE - LVR 0 - 60% - Balance >=$150k | 5.99% | 6.01% | LVRBalance |
| Variable VARIABLE Rate, OO, P&I, VARIABLE - LVR 60 - 70% - Balance >=$150k | 5.99% | 6.01% | LVRBalance |
| Variable VARIABLE Rate, OO, P&I, VARIABLE - LVR 70 - 80% - Balance >=$150k | 6.04% | 6.06% | LVRBalance |
| Variable VARIABLE Rate, OO, P&I, VARIABLE - LVR 80 - 90% - Balance >=$150k | 6.34% | 6.36% | BalanceLVR |
| Fixed · 2 years FIXED Rate, OO, P&I, 24M - LVR 70 - 80% | 6.4% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Paper Statement Fee Charged every 6 months · $4 every 6 months & for copies / interim statements | Ongoing | $4.00 |
| Valuation Fee (for new applications) At cost for valuations costs in excess of $300 | Event | $300.00 |
| Valuation Fee (for post-settlement variations) At cost for valuations costs in excess of $300 | Event | $300.00 |
| Settlement Fee Payable for completing settlement of your loans | Upfront | $150.00 |
| Application Fee Payable for processing application of your loans. Charged at settlement | Upfront | $0.00 |
| Top up Fee Payable when you apply to top up your loan (6 months or more after settlement) and we agree to increase | Variation | $150.00 |
| Rate Lock Fee Payable if you request to lock in a specific fixed rate prior to the end of your current fixed rate period. |
Features
- Extra repayments
- Unlimited additional payments for variable loans and up to $10k additional repayments for Fixed home loans
- Interest Only and P&I repayment options
- Digital banking
- A digital experience through a mobile app
- Split home loans
- Redraw facility
- Redraw of repaid principal above minimum required is available on variable rate loans
- Up to 90% LVR (excluding LMI) for IO loans
- Ability to Rate Lock
- Up to 95% LVR (including LMI) for P&I loans
Eligibility
- Minimum age — 18 yearsBe aged 18 years or older.
- Residency status — Resident or CitizenBe an Australian citizen or permanent resident or resident for tax purposes with an Australian residential address.
- Individuals onlyBe applying in personal name(s) with acceptable credit history – not as a company or a trust.
- Earn a regular PAYG income (for example self-employed applicants are excluded and cannot earn a foreign income for tax purposes).
- Cross-Collateralisation is not supported. We can only accept single security applications.
- Looking to purchase a home or have an existing home loan with a residential property in Australia (any state)
Constraints
- Minimum LVR — 0%Minimum LVR
- Maximum LVR — 100%Maximum LVR
More Information
Published by ME Bank - ME Go under the Consumer Data Right · Last updated 16 June 2026 · Product ID cf2579cd-508e-ee11-be36-000d3a79efd0 · View on CDR.gov.au