Own your home sooner

with our
DHOAS RateSaver Home Loan

interest rate

comparison rate¹

We offer a range of low cost DHOAS (Defence Home Ownership Assistance Scheme) Home Loans, which have been designed to suit the needs of eligible Australian Defence Force home buyers². With a wide range of DHOAS Home Loans available, you'll have the flexibility to choose the loan type and repayment frequency to suit your budget.

Get started

Apply in under 15 minutes, even on your phone

No monthly orannual fees

DHOAS approved

Home loan provider

Available for eligible home loans refinanced from a financial institution other than Australian Military Bank and applied for between 17 September 2021 to 31 October 2021 and settling within 90 days of the initial application date**

$2,500
REFINANCE
CASH BACK**

RateSaver Home Loan

Our simple vanilla loan with a super-low rate.

interest rate

comparison rate¹

No monthly fees | DHOAS compatible | Unlimited additional repayments

Have all your
information ready?

Quick start application

Time: 20 mins

Time: 2 mins

You’ll need your supporting information to complete,

like your employment, income and assets/liabilities details.

Tell us a few details and we’ll call you to complete your application.

Why choose an Australian Military Bank DHOAS Home Loan?

DHOAS subsidyavailable for eligible ADF members

Loans available for purchasing a home or refinancing

No monthly or annual fees

Split Option with other DHOAS loanss

DHOAS eligibility

More information about your DHOAS eligibility can be obtained at dhoas.gov au or on 1300 434 627.

"Thanks to the staff in the Direct Contact Centre, you have made the loan process fun and easy. You're the reason that I keep banking with Australian Military Bank."

Craig, WA - member since 2001

Here's what you'll need to apply

Facts and Fees

A bank statement showing your everyday transactions over the last three (3) months.

Application fee $500
Monthly fee $0
Annual fee $0
Minimum Loan Value $150,000
Maximum Loan Term 30 years
Mortgage discharge fee $300
Lenders Mortgage Insurance (LMI) Payable for loans with a deposit of less than 20%
3rd party charges Stamp duty, legal fees and valuation fees apply
Additional fees may be payable. For more information please see our Schedule of Fees and Charges.

Your latest payslip.

For online applications you'll need two forms of ID (ie. Drivers Licence, Passport, Medicare Card)

Start your application here

Please tell us as much as you can about your needs

We will not conduct a credit check before we talk to you.

Applications are subject to the banks normal lending criteria. Fees charges and lending criteria apply and will be included with our loan offer. A Financial Services Guide (FSG) is available at all Branches, on our website and upon request. For more information on interest only comparison rates, please contact the bank.

By submitting this application, you acknowledge and agree that Australian Military Bank may collect and use your personal information, and may contact you, for the purposes of assisting you with a home loan application. Our Privacy Policy tells you how we use your information, what credit reporting bodies we use and how to access your credit information. Please view our Privacy Policy here

Applications are subject the banks normal lending criteria. Fees charges and lending criteria apply and will be included with our loan offer. A Financial Services Guide (FSG) is available at all Branches, on our website and upon request. For more information on interest only comparison rates, please contact the bank.

The rates displayed are at 70% LVR (meaning that a minimum of 30% deposit is required plus fees).

¹The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other amounts might result in a different comparison rate. Unless stated, all comparison rates are based on principal and interest repayments.

²For full DHOAS eligibility criteria visit dhoas.gov au or on 1300 434 627.

**$2,500 cashback offer is available for eligible home loans refinanced from a financial institution other than Australian Military Bank and applied for between 17 September 2021 to 31 October 2021 and settling within 90 days of the initial application date. Eligible loans must have principal and interest repayments with an LVR of less than or equal to 90% (inc LMI). Applicants must borrow a minimum of $300,000, and the loan must be for a new loan to Australian Military Bank, for a property not currently held as security by Australian Military Bank. The promotion is limited to one $2,500 cashback per application, irrespective of the number of borrowers or loan accounts being opened through the refinance. A borrower that is a party to a loan that has received, or will receive, a cashback offer from Australian Military Bank, is unable to receive further cashback offers unless specifically noted by Australian Military Bank. Applicants must open a valid Australian Military Bank transaction account held in the name of the borrower(s) and cashback will be paid to this account within 60 days of settlement. Maximum cashback is $2,500. Australian Military Bank reserves the right to change or withdraw the promotion at any time.

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Australian Military Bank Ltd ABN 48 087 649 741
AFSL and Australian Credit Licence Number 237 988.