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Bank Australia Basic Home Loan – loan application

★★★★★ 5.0 / 5

Maximum amount $2,000,000

          Interest from
          2.55%
        

Term 1 – 30 months

Approval in 24 hours

Contact

CompanyBank Australia Limited

AddressBank Australia, 222 High St, Kew VIC 3101

Websitehttps://www.bankaust.com.au

Representative example

Loan amount$20,000

Term30 months

Interest from2.55%

Monthly repayment$689

Total interest cost$666

Total amount payable$20,666

* This is an indicative example only. Actual rates and fees are set by the lender at approval.

Quick overview

Loan amount$30,000 – $2,000,000

Term1 – 30 months

Interest from2.55%

Approval24 hours

Eligibility24 hours

Online applicationYes

Loan requirements

✓ 18 years or older
✓ Australian citizen or permanent resident (some lenders accept eligible visa holders)
✓ Deposit or equity, commonly 5–20% of the property value
✓ Stable employment history and serviceable income
✓ Satisfactory credit history and lender valuation of the security property

Loan features

Home loans up to $2 000 000
Term 1 - 30 years