Effective as of today, the following changes have been made to ME Bank Home Loan Products.
| Owner Occupier Loans. | |||||
| Product | Previous Rate2 (p.a.) | Previous Comparison Rate3 (p.a.) | Change | New Rate2(p.a.) | New Comparison Rate3 (p.a.) |
| Variable Rates – Interest Only (new business only) | |||||
| Flexible Home Loan with Member Package – LVR 80% or Less – $150,000 or less | 5.63% | 6.01% | -0.20% | 5.43% | 5.81% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $150,000 to $400,000 | 4.59% | 4.99% | -0.20% | 4.39% | 4.79% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $400,000 to $700,000 | 4.54% | 4.94% | -0.20% | 4.34% | 4.74% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $700,000 or more | 4.54% | 4.94% | -0.20% | 4.34% | 4.74% |
| Fixed Rates – Interest Only | |||||
| 1 year fixed rate | 4.79% | 5.75% | -0.20% | 4.59% | 5.73% |
| 2 year fixed rate | 4.54% | 5.60% | -0.20% | 4.34% | 5.57% |
| 3 year fixed rate | 4.79% | 5.56% | -0.20% | 4.59% | 5.51% |
| 4 year fixed rate | 5.09% | 5.59% | -0.20% | 4.89% | 5.52% |
| 5 year fixed rate | 5.29% | 5.62% | -0.20% | 5.09% | 5.53% |
| 6 year fixed rate | 6.29% | 6.08% | -0.20% | 6.09% | 5.98% |
| 7 year fixed rate | 6.29% | 6.11% | -0.20% | 6.09% | 6.00% |
| Investment Loans. | |||||
| Product | Previous Rate2 (p.a.) | Previous Comparison Rate3 (p.a.) | Change | New Rate2(p.a.) | New Comparison Rate3 (p.a.) |
| Variable Rates – Principal and Interest (new business only) | |||||
| Flexible Home Loan with Member Package – LVR 80% or Less – $150,000 to $400,000 | 4.54% | 4.94% | -0.20% | 4.34% | 4.74% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $400,000 to $700,000 | 4.49% | 4.89% | -0.20% | 4.29% | 4.69% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $700,000 or more | 4.39% | 4.79% | -0.20% | 4.19% | 4.59% |
| Variable Rates – Interest Only (new business only) | |||||
| Flexible Home Loan with Member Package – LVR 80% or Less – $150,000 or less | 5.88% | 6.25% | -0.40% | 5.48% | 5.86% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $150,000 to $400,000 | 5.34% | 5.72% | -0.40% | 4.94% | 5.33% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $400,000 to $700,000 | 5.29% | 5.67% | -0.40% | 4.89% | 5.28% |
| Flexible Home Loan with Member Package – LVR 80% or Less – $700,000 or more | 5.19% | 5.58% | -0.40% | 4.79% | 5.18% |
| Fixed Rates – Interest Only | |||||
| 1 year fixed rate | 5.09% | 6.46% | -0.40% | 4.69% | 6.41% |
| 2 year fixed rate | 5.19% | 6.33% | -0.40% | 4.79% | 6.26% |
| 3 year fixed rate | 5.29% | 6.24% | -0.40% | 4.89% | 6.13% |
| 4 year fixed rate | 5.39% | 6.17% | -0.40% | 4.99% | 6.03% |
| 5 year fixed rate | 5.59% | 6.17% | -0.40% | 5.19% | 6.00% |
| 6 year fixed rate | 7.09% | 6.87% | -0.40% | 6.69% | 6.66% |
| 7 year fixed rate | 7.09% | 6.90% | -0.40% | 6.69% | 6.67% |
| Interest in advance | 5.09% | 6.46% | -0.40% | 4.69% | 6.41% |
