The Basics Home Loan

This is our most simple and lowest variable rate home loan, designed to make borrowing money for your home or investment property as affordable as possible. The interest rate starts low, and stays low for the entire loan. If you need all the basics, with a consistently low rate, then take a close look at The Basics Home Loan.

Standard Features

Minimum Amount $50,000
Maximum Amount 95% of the value of the property
Mortgage insurance Required if amount borrowed is more than 80% of the value of the property

Key Features

  • Low ongoing variable interest rate
  • Weekly, fortnightly or monthly repayments
  • Automatic repayment
  • Ability to make extra repayments
  • Redraw facility
  • Repayment 'holidays' available
  • Loan portability available

Is this loan right for you?

Whether you're planing to live in your new home, or simply making a property investment, and don't want to lock yourself in to a fixed rate loan, the Basics Home Loan provides a consistently low rate.

View current rates

Warning: Different amounts and terms will result in different Comparison Rates (download schedule). Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

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To learn more about our Home Loans or for information on how to apply, please contact one of our Retail Relationship Managers, who are more than happy to visit you when you are free, whether at home or work.

All applications for loans are subject to Arab Bank Australia Limited's normal credit approval criteria. Lenders' Mortgage Insurance is required on loans above 80% of the property's value that is offered as security. Terms and Conditions apply. Fees and charges apply. To the extent that any material on this page could be construed as general advice, it has been prepared without taking account of your objectives, financial situation or needs. Because of this, before acting on any advice, you should consider its appropriateness, having regard to your objectives, financial situation and needs.