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
 Low Rate Home Loan
DHOAS Premier
Home Loan with offset^^
DHOAS Home Loan compatible Tick Tick Tick
No application fees Tick Tick Tick
Annual fees Cross Cross Cross
No monthly fees Cross Tick Tick
No monthly or transaction fees with Visa Debit Card access Cross Cross Cross
No annual fee on our Low Rate Credit Card Cross Cross Cross
100% mortgage offset account Tick Cross Tick
Free loan redraw (min $100) Tick TickNo minimum Tick No minimum
No fees for extra repayments Tick Tick Tick
Up to a 15% discount on selected CGU Insurance Policies Cross Cross Cross
Fixed rate option Tick Cross Cross
No application fee on Car and Personal Loans Cross Cross Cross
0.15% pa bonus rate on Term Deposits Cross Cross Cross
Construction (interest only) available Tick Cross 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 15 August 2019

DHOAS Premier Low Rate Home Loan

 

 Annual RateComparison Rate 1
Owner Occupier
Variable rate - 3.51% pa 3.51% pa

DHOAS Premier Home Loan

 Annual RateComparison Rate 1
Owner Occupier
Variable rate - 3.68% pa 3.68% pa

Ultimate Package rates

 Annual RateComparison Rate1
Owner Occupier
Variable rate for loans over $750,000 - 4.05% pa 4.42% pa
Variable rate for loans $250,000 to $750,000 - 4.10% pa 4.47% pa
Variable rate for loans under $250,000 - 4.15% pa 4.52% pa
Introductory 1 year - fixed2 - 2.99% pa 4.41% pa
Fixed rate 1 year 3.49% pa 4.46% pa
  2 year 3.19% pa 4.35% pa
  3 year 3.29% pa 4.30% pa
  4 year 3.59% pa 4.33% pa
  5 year 3.59% pa 4.29% pa
Interest only construction for loans over $750,000 - 4.05% pa NA
Interest only construction for loans from $250,000 to $750,000 - 4.10% pa NA
Interest only construction for loans under $250,000 - 4.15% pa NA

Essentials Home Loan rates

 Annual RateComparison Rate 1
Owner Occupier
Variable rate - 4.15% pa 4.31% pa
Introductory 1 year - fixed2 - 3.09% pa 4.21% pa
Fixed rate 1 year 3.59% pa 4.25% pa
  2 year 3.29% pa 4.15% pa
  3 year 3.39% pa 4.11% pa
  4 year 3.69% pa 4.15% pa
  5 year 3.69% pa 4.12% pa

Rates with effect 15 August 2019

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.

2 Offer commences Thursday, 15 August 2019 and can be withdrawn at any time. Introductory home loan offer only available for owner occupied loans, new borrowings or a minimum $250,000 increase must be made to current loan. To be eligible applicants must take out or have the Ultimate Package or Essentials Home Loan. The Introductory home loan offer reverts to Ultimate Package or Essentials Variable interest rate at expiration of fixed interest rate period. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Please refer to defencebank.com.au for current rates. 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.

 

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.

2 Offer commences Thursday, 15 August 2019 and can be withdrawn at any time. Introductory home loan offer only available for owner occupied loans, new borrowings or a minimum $250,000 increase must be made to current loan. To be eligible applicants must take out or have the Ultimate Package or Essentials Home Loan. The Introductory home loan offer reverts to Ultimate Package or Essentials Variable interest rate at expiration of fixed interest rate period. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Please refer to defencebank.com.au for current rates. Terms and conditions, fees and charges apply and are available upon request. Approval subject to Defence Bank's lending criteria.

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.