Homebuyers Personal Loan

A low variable interest rate that is calculated on the daily balance to ensure that you gain immediate benefit from loan repayments. This helps you to pay your loan off sooner rather than later.

For buyers seeking a green personal loan for sustainable improvements to your home, we'll shave a further 0.5% off your interest rate.

Available to homeowners or people buying their home, this personal loan offers maximum loan term of 10 years. And if you're borrowing to renovate or extend your home we'll boost the maximum repayment period up to 15 years to suit your requirements.

You can reduce the term of your loan and interest charges by contributing additional repayments, on top of your normal scheduled repayments. However you can redraw your additional repayments for free at any stage too, with no minimum amount and the transaction is instant so it’s in your savings account ready to be spent.

Enjoy secure 24/7 access to your accounts with the convenience of our Internet and Telephone Banking services. Another simple and convenient way of depositing money into bankmecu on a regular basis is our salary crediting system. Simply give your payroll officer your bankmecu account number and bankmecu's BSB number and your salary will be deposited directly into your account. No fuss.