Australian Military Bank Home Loans

About Australian Military Bank

Australian Military Bank is a provider of home loans, credit cards, car loans, personal loans, bank accounts, term deposits, car insurance, home insurance, barracks insurance, and superannuation.

Loan Options: What Australian Military Bank home loans offer

Here’s a snapshot of Australian Military Bank’s variable home loans currently on offer for a purchase value of $600,000 in NSW. Please note that this table is formulated based on paying both principal and interest and results are sorted by our star rating (highest to lowest). To compare other home loans, please click here.

 

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The inclusions below represent a selection of the features available with a standard variable rate home loan for an owner occupier. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about products on offer from this provider. Please ensure that you read the product disclosure statement (PDS) to determine all the current loan terms and conditions for the product you are considering.

Variable offset home loan features

  • Offset account available (100% offset account)
  • Redraw facility available
  • Additional repayments allowed
  • No monthly or annual fees
  • Split rate option available
  • Repayments may be made weekly, fortnightly, or monthly

What types of home loans does Australian Military Bank offer?

At the time of writing, Australian Military Bank offers the following types of home loans:

  • Variable rate home loan
  • Fixed rate home loan
  • Line of credit home loan (home equity overdraft)
  • Construction home loan

Find out about how different types of home loans work here.

See our comparison tables for details of Australian Military Bank home loans:

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Australian Military Bank FAQs

Applying for an Australian Military Bank home loan is a simple process; you can apply online by clicking on an Australian Military Bank product on the Canstar comparison tables.

You can also request a call back from Australian Military Bank using their website to speak to an Australian Military Bank consultant or apply over the phone, or you can call Australian Military Bank directly on 1300 132 328 (open Mon-Sat).

Follow our applying for a home loan checklist, and use the Canstar website to compare Australian Military Bank home loans with other home loans before choosing a product that suits your needs:

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Yes, Australian Military Bank allows extra repayments on their variable interest home loans. Terms and conditions apply; contact your lender for details.

Yes, Australian Military Bank standard variable rate home loans offer a redraw facility. Fees and charges may apply to use of a redraw facility; contact your lender for details.

If you’re in the market for a home loan, compare your home loan options with Canstar:

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Australian Military Bank was established in 1959 as the Navy (Civil Staff) Co-op, to help Australian Royal Navy staff look after their money. 1983 saw a merger with the Army Defence (NSW) Credit Union.

With a membership exceeding 50,000 in 2015, a vote was passed to rename to organisation as the Australian Military Bank.

Today, the Australian Military Bank has over 30 branches and manages assets of more than $1.1 billion.

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DHOAS Value Home Loan (Defence HL)

Canstar Research
Rating:
Award: 2017 Home Loan Star Ratings - Established Variable $600,000

Showing products in Canstar’s database with links to lenders’ websites. The display is sorted by the advertised interest rate (lowest to highest), then provider name (alphabetically).

Source: Canstar. Based on residential variable home loans available for a loan amount of $350,000 at 80% LVR, and available for Principal and Interest repayments. 
*Comparison rate based on loan amount of $150,000. Read the Comparison Rate Warning.

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Written by: Tim Smith | Last updated: