Macquarie Bank Basic Fixed Home Loan – loan
Online loans up to $5 000 000
Loan amount
$150,000 – $5,000,000
Interest from
2.41%
Term
5 – 30 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $5 000 000
- Term 5 - 30 years
Macquarie Bank is one of Australia's largest financial institutions, ASX-listed and best known for investment banking, also offering a basic fixed-rate home loan for owner-occupiers and investors through its retail banking division.
✓ Pros
- Backed by one of Australia's largest financial groups
- Fixed-rate option for repayment certainty
- Competitively priced "basic" structure with fewer bundled fees
- Fully digital application process
✗ Cons
- Limited branch presence compared with the big four retail banks
- Fixed loans are typically less flexible for extra repayments without a break cost
- Deposit and Lenders Mortgage Insurance rules apply as with any lender
How to apply
- Check your eligibility
- Apply online
- Approval
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
Frequently asked questions
24 hours
The minimum loan amount at Macquarie Bank Basic Fixed Home Loan is $150,000.
About Macquarie Bank Limited
| Company | Macquarie Bank Limited |
|---|---|
| Address | 1 Shelley St, Sydney NSW 2000 |
| Website | https://www.macquarie.com.au |