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All the essentials, none of the fluff.

With a low interest rate and all of the essentials, our Basic Variable Home Loan will help you get into your next home for less. Plus, a free redraw facility and no account keeping fees means you’ll save on more than just home loan repayments.

This is your chance to take advantage of our extremely competitive 2 year introductory rate available for a limited time. 

from3.44% pa1 from3.86% pa2

  • Pre-approval available
  • Access to a free redraw facility
  • Interest only and construction options available
  • No penalties or fees for additional repayments or early payout
  • Access to your Mac accounts anywhere, anytime

Want to talk to a real person about our Basic Variable Home Loan?

You can request a call back from our team or call 1300 622 278, Monday to Friday 8am – 5:30pm.
Our Camden, Narellan, Picton or Tahmoor branch teams are also happy to help you with your Basic Variable Home Loan query or application.

Find out where our local branches are located.

Apply Online Request a call back Visit a branch

  Find out more


Basic Variable Home Loan - Loans over $500k
Interest Rates
Variable Interest Rate3.44% pa1
Comparison Rate3.86% pa2
Fees
Application Fee$400 
Valuation fees included within Application Fee?No 
Annual Fee$0 
Monthly Fee$0 
Redraw Fee$0 
Features
Redraw FacilityFree online redraw 
Additional Repayments AcceptedYes 
ATM/EFTPOS AccessNo 
Branch AccessYes 

Not available for Investment purposes

1 Discounted home loan rate is 0.40%pa below the Basic Variable Home Loan for the first 2 years of the loan. After this, the loan will switch to The Mac Basic Variable Home Loan standard rate. Loan must be for a NEW loan for a minimum of $250,000 and application must be received by 30 September 2019.

2 This comparison rate is based on a $150,000 loan over a term of 25 years. WARNING This comparison rate is true 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.