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. Combine with other ADF entitlements such as HPAS and HPSEA*. 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

RateSaver Home Loan

Our simple vanilla loan with a super-low rate.

interest rate

comparison rate¹

No monthly fees | DHOAS compatible | Unlimited additional repayments

Start application

Time: 2 mins

Tell us some quick details and we’ll get a lending specialist to call you

Have all your information ready? Complete our full application here.

You’ll need your supporting information to complete, like your employment, income and assets/liabilities details. Completing the full application takes approximately 20 mins.

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.

*Australian Military Bank is unable to confirm your eligibility for some schemes and entitlements (such as DHOAS, HPAS and HPSEA). Please contact the relevant department or agency to assess your eligibility.

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