Interest
5.99%p.a.
Comparison*
6.02%p.a.
Est. repayment
$2,995
LVR ≤70%
Australian Military Bank Home Loan Rates
Tracked products
64
Lowest variable
5.99%
Lowest fixed
6.39%
Lowest comparison
6.02%
Last updated
11 Sept 2026
Australian Military Bank is one of the Australian home-loan lenders we track daily. We currently surface 64 active products from Australian Military Bank, refreshed from authoritative lender sources. The product table below sorts by comparison rate by default, the true-cost metric mandated by the National Consumer Credit Protection Act 2009, so you can see total cost, including standard fees, at a glance.
What are Australian Military Bank home loan rates?
Australian Military Bank home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 5.99% p.a. and the lowest fixed rate currently 6.39% p.a., checked daily (last verified 11 Sept 2026). Compare Australian Military Bank against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest Australian Military Bank home loan rate?
The lowest Australian Military Bank variable home loan rate Ratesniffers tracks is 5.99% p.a., and the lowest fixed rate is 6.39% p.a. These figures come from the 58 Australian Military Bank products on this page that pass data-quality checks, ranked by comparison rate, checked daily (last verified 11 Sept 2026).
How many home loan products does Australian Military Bank offer?
Ratesniffers currently tracks 64 Australian Military Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 58 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Australian Military Bank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 5.99% p.a. | 6.02% p.a. | 70% |
| Variable Owner-occupier P&I | 6.09% p.a. | 6.12% p.a. | 70% |
| Variable Owner-occupier P&I | 6.14% p.a. | 6.17% p.a. | 70% |
| Variable Owner-occupier P&I | 6.19% p.a. | 6.22% p.a. | 80% |
| Variable Investor P&I | 6.19% p.a. | 6.23% p.a. | 60% |
| Variable Owner-occupier P&I | 6.29% p.a. | 6.32% p.a. | 70% |
| Variable Owner-occupier P&I | 6.29% p.a. | 6.32% p.a. | 80% |
| Variable Owner-occupier P&I | 6.34% p.a. | 6.37% p.a. | 80% |
| Variable Owner-occupier P&I | 6.39% p.a. | 6.42% p.a. | 98% |
| Variable Owner-occupier P&I | 6.39% p.a. | 6.42% p.a. | 98% |
| Variable Owner-occupier P&I | 6.39% p.a. | 6.42% p.a. | 98% |
| Variable Owner-occupier P&I | 6.39% p.a. | 6.42% p.a. | 98% |
58 of 64 tracked Australian Military Bank home loan products
Interest
6.09%p.a.
Comparison*
6.12%p.a.
Est. repayment
$3,027
LVR ≤70%
Interest
6.14%p.a.
Comparison*
6.17%p.a.
Est. repayment
$3,043
LVR ≤70%
Interest
6.19%p.a.
Comparison*
6.22%p.a.
Est. repayment
$3,059
LVR 70 to 80%
Interest
6.19%p.a.
Comparison*
6.23%p.a.
Est. repayment
$3,059
LVR ≤60%
Interest
6.29%p.a.
Comparison*
6.32%p.a.
Est. repayment
$3,092
LVR ≤70%
Interest
6.29%p.a.
Comparison*
6.32%p.a.
Est. repayment
$3,092
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.37%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.39%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,124
LVR 71 to 80%
Interest
6.39%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,124
LVR 71 to 80%
Interest
6.39%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,124
LVR 71 to 80%
Interest
6.39%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,124
LVR 71 to 80%
Interest
6.39%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,124
LVR 80 to 90%
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,124
LVR 71 to 80%
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,124
LVR 71 to 80%
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,124
LVR 70 to 80%
Interest
6.44%p.a.
Comparison*
6.47%p.a.
Est. repayment
$3,141
LVR ≤70%
Interest
6.49%p.a.
Comparison*
6.52%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
6.52%p.a.
Est. repayment
$3,157
LVR 80 to 90%
Interest
6.54%p.a.
Comparison*
6.57%p.a.
Est. repayment
$3,174
LVR 80 to 90%
Interest
6.59%p.a.
Comparison*
6.63%p.a.
Est. repayment
$3,190
LVR 80 to 95%
Interest
6.64%p.a.
Comparison*
6.67%p.a.
Est. repayment
$3,207
LVR 70 to 80%
Interest
6.64%p.a.
Comparison*
6.67%p.a.
Est. repayment
$3,207
LVR 90 to 95%
Interest
6.49%p.a.
Comparison*
6.69%p.a.
Est. repayment
$3,157
LVR ≤95%
Interest
6.69%p.a.
Comparison*
Not available
Est. repayment
$3,223
LVR ≤80%
Interest
6.69%p.a.
Comparison*
Not available
Est. repayment
$3,223
LVR ≤80%
Interest
6.44%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,141
LVR ≤95%
Interest
6.69%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,223
LVR 80 to 90%
Interest
6.44%p.a.
Comparison*
6.75%p.a.
Est. repayment
$3,141
LVR ≤95%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR ≤98%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR ≤98%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR ≤95%
Interest
6.74%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,240
LVR 90 to 95%
Interest
6.39%p.a.
Comparison*
6.78%p.a.
Est. repayment
$3,124
LVR ≤95%
Interest
6.79%p.a.
Comparison*
6.82%p.a.
Est. repayment
$3,256
LVR ≤98%
Interest
6.79%p.a.
Comparison*
6.82%p.a.
Est. repayment
$3,256
LVR ≤98%
Interest
6.79%p.a.
Comparison*
6.82%p.a.
Est. repayment
$3,256
LVR 90 to 98%
Interest
6.79%p.a.
Comparison*
6.82%p.a.
Est. repayment
$3,256
LVR ≤98%
Interest
6.44%p.a.
Comparison*
6.83%p.a.
Est. repayment
$3,141
LVR ≤98%
Interest
6.44%p.a.
Comparison*
6.83%p.a.
Est. repayment
$3,141
LVR ≤98%
Interest
6.44%p.a.
Comparison*
6.83%p.a.
Est. repayment
$3,141
LVR ≤95%
Interest
6.69%p.a.
Comparison*
6.83%p.a.
Est. repayment
$3,223
LVR ≤95%
Interest
6.69%p.a.
Comparison*
6.84%p.a.
Est. repayment
$3,223
LVR ≤95%
Interest
6.69%p.a.
Comparison*
6.84%p.a.
Est. repayment
$3,223
LVR ≤80%
Interest
6.69%p.a.
Comparison*
6.84%p.a.
Est. repayment
$3,223
LVR ≤80%
Interest
6.69%p.a.
Comparison*
6.84%p.a.
Est. repayment
$3,223
LVR ≤95%
Interest
6.69%p.a.
Comparison*
6.85%p.a.
Est. repayment
$3,223
LVR ≤95%
Interest
6.44%p.a.
Comparison*
6.87%p.a.
Est. repayment
$3,141
LVR ≤98%
Interest
6.44%p.a.
Comparison*
6.87%p.a.
Est. repayment
$3,141
LVR ≤98%
Interest
6.44%p.a.
Comparison*
6.87%p.a.
Est. repayment
$3,141
LVR ≤95%
Interest
6.84%p.a.
Comparison*
6.87%p.a.
Est. repayment
$3,273
LVR 80 to 95%
Interest
6.39%p.a.
Comparison*
6.92%p.a.
Est. repayment
$3,124
LVR ≤98%
Interest
6.39%p.a.
Comparison*
6.92%p.a.
Est. repayment
$3,124
LVR ≤98%
Interest
6.39%p.a.
Comparison*
6.92%p.a.
Est. repayment
$3,124
LVR ≤95%
Interest
6.94%p.a.
Comparison*
Not available
Est. repayment
$3,306
LVR ≤80%
Interest
6.94%p.a.
Comparison*
6.97%p.a.
Est. repayment
$3,306
LVR ≤80%
Interest
6.94%p.a.
Comparison*
6.97%p.a.
Est. repayment
$3,306
LVR 90 to 98%
Interest
6.94%p.a.
Comparison*
6.97%p.a.
Est. repayment
$3,306
LVR ≤98%
*Important Information and Comparison Rate Warning
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. 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. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Australian Military Bank home loan repayment calculator
Pre-filled with Australian Military Bank's lowest advertised variable rate in the table above, 5.99% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
The amount you want to borrow.
Australian Military Bank's lowest variable today: 5.99%.
Most owner-occupier loans run 25 to 30 years.
Monthly repayment
$2,995
Fortnightly repayment
$1,382
Total interest
$578,034
30 years at 5.99% (P&I)
For a fuller model, use the repayment calculator, see how extra payments change the balance with the extra repayments calculator, or check what you can borrow with the borrowing power calculator.
Who is Australian Military Bank?
Australian Military Bank is the country's longest-serving Defence financial institution, founded in 1959 as a co-operative for Navy civil staff, becoming the Australian Defence Credit Union in 1983 and taking its current name in 2015. It remains member-owned.
It serves the Defence community, including serving and former ADF members and Defence civilians, with home lending that works alongside Defence entitlements such as DHOAS.
Who suits a Australian Military Bank home loan?
Australian Military Bank tends to suit Defence members and veterans who want a member-owned lender steeped in their world, and it sits naturally on a shortlist next to Defence Bank for DHOAS-linked lending. Compare both against the wider market in the table above.
Shopping the Defence community panel? Compare against Defence Bank, the other member-owned lender built around DHOAS-linked home lending.
Background facts checked 4 September 2026. Rates above refresh independently.
Australian Military Bank fees, offset and limits at a glance
- Application or establishment fee
- $450
- Discharge fee
- $120
- Settlement fee
- $300
- Additional valuation fee
- $250
- Rate lock fee
- $750
- Loan portability
- Refer to AMB
- Offset account
- 100%
- Minimum offset balance
- $0
- Lenders mortgage insurer
- Helia
- Capitalising LMI
- LMI can be capitalised to max LVR
- Maximum total lending
- $2m
- Extra repayments on fixed
- Max $10,000 per annum without incurring break costs
- When the fixed rate is locked
- Refer to AMB
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Australian Military Bank home loans: frequently asked questions
What are Australian Military Bank home loan rates?
Australian Military Bank home loan rates are in the live table on this page. The lowest variable rate Ratesniffers ranks is currently 5.99% p.a., and the lowest fixed rate is 6.39% p.a., checked daily (last verified 11 Sept 2026). Compare Australian Military Bank against the wider market at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments on a Australian Military Bank balance, use /calculators/extra-repayment.
What is the lowest Australian Military Bank home loan rate?
Australian Military Bank's lowest variable home loan rate is currently 5.99% p.a., and its lowest fixed rate is 6.39% p.a., based on the 58 Australian Military Bank products Ratesniffers ranks by comparison rate, checked daily (last verified 11 Sept 2026). The advertised rate isn't always the rate Australian Military Bank approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 Australian Military Bank home loan?
At Australian Military Bank's lowest variable rate of 5.99% p.a., a $600,000 principal and interest loan over 30 years repays about $3,593 a month, and $500,000 about $2,995. That is an estimate at the advertised rate before fees; the comparison rate in the table above carries the fees, and a fixed or interest-only loan repays differently.
How much do you need to earn for a $500,000 Australian Military Bank home loan?
There is no single salary. Like every Australian lender, Australian Military Bank must assess a new home loan at a rate at least 3 percentage points above the loan's rate under APRA's serviceability buffer, so 5.99% p.a. is assessed at about 8.99% p.a., then test that repayment against income after living expenses and other debts. The income required calculator at /calculators/income-required works this backwards from a property price and deposit.
How does Australian Military Bank's home loan rate compare to the market?
Australian Military Bank's lowest variable home loan rate today is 5.99% p.a., which is 25 basis points below the market median of 6.24% p.a., which puts Australian Military Bank among the more competitive lenders on variable rates today. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where Australian Military Bank sits right now rather than a fixed snapshot.
How many home loan products does Australian Military Bank offer?
Ratesniffers currently tracks 64 Australian Military Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 58 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Australian Military Bank competitive for refinancing?
It depends on your loan size and LVR. Australian Military Bank's lowest comparison rate is currently 6.02% p.a., worth checking against the wider market before you switch. On a $500,000 loan, even a 0.30% p.a. difference is about $100 a month, so comparing Australian Military Bank against the sharpest available rate usually pays off.
How often are Australian Military Bank's home loan rates updated?
Ratesniffers refreshes Australian Military Bank's home loan rates daily; this page was last updated 11 Sept 2026. Rates can change whenever Australian Military Bank reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.