DHOAS Standard Variable Home Loan
The DHOAS Standard Variable Rate Home Loan lets you enjoy a competitive variable interest rate, redraw facility and a 100% offset account to help reduce your overall repayments.
100%
Offset Facility
$50,000+
Loan size
No monthly
or annual fees
Overview
The DHOAS Standard Variable Home Loan features:
- A competitive variable interest rate
- 100% offset facility
- Minimum loan amount of just $50,000
- Loan term up to 30 years
- Flexible repayment frequencies - pay weekly, fortnightly or monthly
- Redraw facility
- Split Option (with other DHOAS loans)
- No monthly or annual fees
Rates & Fees
Here’s everything you need to know about the rates and fees for the DHOAS Standard Variable Home Loan:
- Interest rate: 6.98% p.a.2
- Comparison rate: 7.02% p.a.3
Comparison rate based on a loan of $150,000 repaid over 25 years. WARNING: The comparison rate is applicable only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- Establishment fee: $450
- Monthly fee: $0
- Annual fee: $0
- Mortgage discharge fee: $120
- Lenders Mortgage Insurance (LMI)4: 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 Fees and Charges Schedule.
Download our Fees and Charges Schedule
Questions
We’re often asked similar questions about our DHOAS Standard Variable Home Loan so here are our top five – can’t see your question? Call 1300 13 23 28.
Can I may extra payments on my loan?
Yes. You can make additional repayments on your loan.
Can I redraw excess funds from my loan?
Yes. If you’re ahead in your repayments, you have the option to redraw money (minimum of $500) when you need it.
Can I link an offset account to my loan?
Yes. The DHOAS Standard Variable Rate Home Loan has a 100% offset account as an added benefit.
I don’t need to borrow much. What is the minimum amount I can borrow?
The DHOAS Standard Variable Rate Home Loan lets you borrow as little as $50,000.
Can I choose my repayment frequency?
Yes. You can choose the repayment frequency that best suits you - weekly, fortnightly or monthly repayments.
Features
Interest Rates2
starting from
Comparison Rates3
starting from
Maximum Loan to Value Ratio (LVR)4
HOME GUARANTEE SCHEME5
Relationship Rewards6
Offset Facility Option
Redraw Facility
Extra Repayments
Ongoing Fees
Establishment Fee
Loan Period
Interest Only Option
Split Option (with other DHOAS loans)
Buying a Home
Refinance
Construction
Use the arrows to scroll through the many Australian Military Bank DHOAS Home Loans options RESET
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Our simple vanilla loan with a super-low variable rate, unlimited additional repayments as well as the ability to redraw.6.43% p.a.6.47% p.a.Up to 95%$0$0Up to 30 yearsNo
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Get the flexibility of a variable rate with the benefit of a 100% offset facility6.98% p.a.7.02% p.a.Up to 95%$0$450Up to 30 yearsNo
-
Two year fixed home loan offering the security of knowing what your repayments will be6.45% p.a.6.91% p.a.Up to 90%$0$450Up to 30 yearsNo
-
Variable rate home loan with the benefit of 100% offset facility6.98% p.a.7.02% p.a.Up to 95%$0$450Up to 30 yearsNo
-
One year fixed home loan offering the security of knowing what your repayments will be6.60% p.a.6.98% p.a.Up to 90%$0$450Up to 30 years-
-
Three year fixed home loan offering the security of knowing what your repayments will be6.30% p.a.6.82% p.a.Up to 90%$0$450Up to 30 yearsNo
-
Five year fixed home loan offering the security of knowing what your repayments will be6.45% p.a.6.78% p.a.Up to 90%$0$450Up to 30 yearsNo
-
A variable rate loan helping you to build your dream home, granny flat or renovate your existing home6.78% p.a.6.82% p.a.Up to 90%$65 per draw down$450Up to 2 yearsYes
MORE / LESS
Note: Important Information please read
The small print
DHOAS Home Loan applications are subject to Australian Military Bank’s normal lending criteria. Full terms and conditions will be included with our loan offer. Fees and charges are applicable. Rates are effective from 11 April 2024 and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
2 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required), excluding the DHOAS Ratesaver Home Loan where the interest rate is displayed displayed is at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more (excluding the DHOAS Construction Home Loan and DHOAS Standard Variable Home Loan, the interest rate displayed is applicable for new loan borrowings of $50,000 or more).
3 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). 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.
4 This amount is inclusive of Lenders Mortgage Insurance (LMI) premium (except for DHOAS Construction Home Loan, where LVR is exclusive of LMI). LMI is required when borrowing in excess of 80% LVR. Further restrictions may apply as required by our Lender’s Mortgage Insurance provider.
5 The Home Guarantee Scheme (HGS or Scheme) is an Australian Government initiative to support eligible home buyers purchase a home sooner. The Scheme is administered by Housing Australia on behalf of the Australian Government. For more information, click here.
6 Based on total average monthly balance and applies to ATM, EFTPOS, Direct Debit and BPAY® transactions.
DHOAS Home Loan applications are subject to Australian Military Bank’s normal lending criteria. Full terms and conditions will be included with our loan offer. Fees and charges are applicable. Rates are effective from 11 April 2024 and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
2 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required), excluding the DHOAS Ratesaver Home Loan where the interest rate is displayed displayed is at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more (excluding the DHOAS Construction Home Loan and DHOAS Standard Variable Home Loan, the interest rate displayed is applicable for new loan borrowings of $50,000 or more).
3 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). 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.
4 This amount is inclusive of Lenders Mortgage Insurance (LMI) premium (except for DHOAS Construction Home Loan, where LVR is exclusive of LMI). LMI is required when borrowing in excess of 80% LVR. Further restrictions may apply as required by our Lender’s Mortgage Insurance provider.
5 The Home Guarantee Scheme (HGS or Scheme) is an Australian Government initiative to support eligible home buyers purchase a home sooner. The Scheme is administered by Housing Australia on behalf of the Australian Government. For more information, click here.
6 Based on total average monthly balance and applies to ATM, EFTPOS, Direct Debit and BPAY® transactions.
The Target Market Determinations (TMD) for our products are available here
The small print
DHOAS Home Loan applications are subject to Australian Military Bank’s normal lending criteria. Full terms and conditions will be included with our loan offer. Fees and charges are applicable. Rates are effective from 11 April 2024 and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
2 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required), excluding the DHOAS Ratesaver Home Loan where the interest rate is displayed displayed is at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more (excluding the DHOAS Construction Home Loan and DHOAS Standard Variable Home Loan, the interest rate displayed is applicable for new loan borrowings of $50,000 or more).
3 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). 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.
4 This amount is inclusive of Lenders Mortgage Insurance (LMI) premium (except for DHOAS Construction Home Loan, where LVR is exclusive of LMI). LMI is required when borrowing in excess of 80% LVR. Further restrictions may apply as required by our Lender’s Mortgage Insurance provider.
5 The Home Guarantee Scheme (HGS or Scheme) is an Australian Government initiative to support eligible home buyers purchase a home sooner. The Scheme is administered by Housing Australia on behalf of the Australian Government. For more information, click here.
6 Based on total average monthly balance and applies to ATM, EFTPOS, Direct Debit and BPAY® transactions.
DHOAS Home Loan applications are subject to Australian Military Bank’s normal lending criteria. Full terms and conditions will be included with our loan offer. Fees and charges are applicable. Rates are effective from 11 April 2024 and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
2 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required), excluding the DHOAS Ratesaver Home Loan where the interest rate is displayed displayed is at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more (excluding the DHOAS Construction Home Loan and DHOAS Standard Variable Home Loan, the interest rate displayed is applicable for new loan borrowings of $50,000 or more).
3 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). 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.
4 This amount is inclusive of Lenders Mortgage Insurance (LMI) premium (except for DHOAS Construction Home Loan, where LVR is exclusive of LMI). LMI is required when borrowing in excess of 80% LVR. Further restrictions may apply as required by our Lender’s Mortgage Insurance provider.
5 The Home Guarantee Scheme (HGS or Scheme) is an Australian Government initiative to support eligible home buyers purchase a home sooner. The Scheme is administered by Housing Australia on behalf of the Australian Government. For more information, click here.
6 Based on total average monthly balance and applies to ATM, EFTPOS, Direct Debit and BPAY® transactions.
The Target Market Determinations (TMD) for our products are available here