Your DHOAS home loan made easy. Looking for a Defence Home Ownership Assistance Scheme (DHOAS) Home Loan? Look no further.

Defence Home Loan

You’ve found the home of your dreams and now you need to know you’re getting the best deal on your DHOAS Home Loan. That’s why you can be sure you’re in good hands with Defence Bank. As one of a select group of lenders authorised to provide DHOAS compatible loans, we can assist with a choice of home loan packages designed to suit your needs.

We’ve been serving members of the Australian Defence Force (ADF) for over 40 years.

About DHOAS

This scheme helps current and former Australian Defence Force (ADF) members and their families achieve their home ownership dream. Eligibility criteria apply.

Take a closer look

Compare our Home Loans

 Essentials Home Loan with Ultimate Package^Essentials Home LoanDHOAS Premier
Home Loan with offset^^
DHOAS Home Loan compatible Tick Tick
No application fees Tick Tick
Annual fees Cross Cross
No monthly fees Cross Tick
No monthly or transaction fees with Visa Debit Card access Cross Cross
No annual fee on our Low Rate Credit Card Cross Cross
100% mortgage offset account Tick Tick
Free loan redraw (min $100) Tick Tick No minimum
No fees for extra repayments Tick Tick
Up to a 15% discount on selected CGU Insurance Policies Cross Cross
Fixed rate option Tick Cross
No application fee on Car and Personal Loans Cross Cross
0.15% pa bonus rate on Term Deposits Cross Cross
Construction (interest only) available Tick Cross

Terms and conditions, fees and charges apply and are available on request. Approval subject to Defence Bank's lending criteria.
^ For a list of specific terms and conditions relating to the Ultimate Package, click here.
^^ For a list of specific terms and conditions relating to the DHOAS Premier Home Loan, click here.

Loan Interest Rates
Effective 06 April 2018

DHOAS Premier Home Loan

 Annual RateComparison Rate 1
Owner Occupier
Variable rate - 3.97% pa 3.97% pa

Ultimate Package rates

 Annual RateComparison Rate1
Owner Occupier
Variable rate for loans over $750,000 - 4.34% pa 4.70% pa
Variable rate for loans $250,000 to $750,000 - 4.39% pa 4.75% pa
Variable rate for loans under $250,000 - 4.44% pa 4.80% pa
Fixed rate 1 year 3.89% pa 4.75% pa
  2 year 3.88% pa 4.70% pa
  3 year 3.94% pa 4.67% pa
  4 year 4.59% pa 4.85% pa
  5 year 4.59% pa 4.86% pa
Interest only construction for loans over $750,000 - 4.34% pa NA
Interest only construction for loans from $250,000 to $750,000 - 4.39% pa NA
Interest only construction for loans under $250,000 - 4.44% pa NA

Essentials Home Loan rates

 Annual RateComparison Rate 1
Owner Occupier
Variable rate - 4.44% pa 4.60% pa
Fixed rate 1 year 3.99% pa 4.55% pa
  2 year 3.98% pa 4.51% pa
  3 year 4.04% pa 4.49% pa
  4 year 4.69% pa 4.68% pa
  5 year 4.69% pa 4.70% pa

Rates with effect 06 April 2018

1 Comparison rates based on a $150,000 secured loan over 25 years. Fees and Charges are payable. Terms and Conditions available on request. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

 

Defence Bank Limited ABN 57 087 651 385 AFSL/Australian Credit Licence 234582.


1 Comparison rates based on a $150,000 secured loan over 25 years. Fees and Charges are payable. Terms and Conditions available on request. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

*Offer commences 19 July 2018 and for new home loan applications made between 15 July 2018 and 31 August 2018 with LVRs less than 80%.

Loans must be funded by 31 October 2018. Defence Bank may vary, cancel or extend this offer at any time. Defence Bank will cover any refinance costs up to a maximum of $1,000 which includes valuation, Ultimate Home Loan Package annual fees, legal and application fees. This offer doesn’t cover any break costs associated with your current home loan provider.  Minimum loan size is $150,000. Annual fee of $380 will be waived on the first year for Ultimate Home Loan Package only.  Members must maintain and make a recurring monthly salary or equivalent income credit of at least $1,500 to a Defence Bank transaction account at or prior to the funding of the home loan.  Costs incurred during the refinance will be credited back to an account held with Defence Bank within 4 weeks after the settlement of the home loan and presentation of evidence of these costs. Loans for construction purposes and bridging loans are excluded from this offer.

Terms and conditions, fees and charges apply and are available upon request. Approval subject to Defence Bank's lending criteria. Defence Bank Limited ABN 57 087 651 385 AFSL / Australian Credit Licence 234582.

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