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Australian Military Bank lowers rates on a wide range of new loans and maintains term deposit rates

24 April 2020

Australian Military Bank lowers rates on a wide range of new loans and maintains term deposit rates

In the current challenging environment Australian Military Bank today announced that it has lowered its rates on a wide range of new Home Loans to match the already reduced Personal and Car loans.

New fixed rate home loans have been reduced from between 0.35% to 0.75% p.a. 

  • 1-year fixed loan is 2.89% p.a. (4.55% p.a. comparison rate)
  • 2-year fixed loan is 2.49% p.a. (4.32% p.a. comparison rate) 
  • 3-year fixed loan is 2.79% p.a. (4.22% p.a. comparison rate) 
  • 5-year fixed loan is 3.29% p.a. (4.15% p.a. comparison rate) 

The new home loan rates are effective from 28 April 2020.

Just in case you missed it our Personal and Car loan rates have also been dropped for new loans

  • Variable Personal Loans: 4.85% to 11.90% p.a. (5.71% - 13.30% p.a. comparison rate)
  • Fixed Rate Personal Loans: 4.85% to 11.90% p.a. (5.71% - 13.30% p.a. comparison rate)
  • Car loans: 3.60% p.a. to 7.30% p.a.  (4.51% - 8.76% p.a. comparison rate)

All Personal and Car loan rates are available today.
 

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