Construction Loan

As of 18 September 2026, the Australian Military Bank Construction Loan's variable owner-occupier interest-only variant has a comparison rate of 6.77% (6.74% advertised), ranking 24th of 68 variable owner-occupier interest-only loans.

6.77%comparison rate p.a.

6.74% advertised · Variable · Interest Only · Owner-occupier · ≤98% LVR

Go to Australian Military Bank

Rate over time

Comparison rate · Variable · Interest Only · Owner-occupier · ≤98% LVR

Construction Loan · Variable · Interest Only · Owner-occupier
RBA cash rate

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates by variant

Comparison rate · advertised rate

Variable · Interest Only · Owner-occupier · ≤98% LVR: 6.77% comparison · 6.74% advertised

Fees

Application fee: None
Ongoing fee: None
Discharge fee: $120

Features

Offset account: No
Redraw: No
Extra repayments: Yes
Portable: No
Repayment holiday: No

Eligibility

Minimum loan: $50,000
Maximum loan: $5,000,000

About this product

The Australian Military Bank Construction Loan is perfect for those wanting to build or renovate their homes. With interest only repayments to help you save during the construction period, our Construction Loan helps you to relax during this often stressful time. The Construction Home Loan is also available for DHOAS eligible applicants

Compare all home loans