Are there any hidden fees with Arab Bank Australia Limited home loans?

While specific hidden fees aren't disclosed, the lack of detailed fee information suggests there could be additional costs. It's important to ask for a comprehensive fee breakdown before proceeding.

What is the monthly repayment on a $500,000 loan at Arab Bank Australia Limited?

For a $500,000 loan at 6.15% over 30 years, the monthly repayment would be approximately $3,046, with a total interest of $596,611 over the loan term.

How much can I save by refinancing to Arab Bank Australia Limited?

Refinancing a $500,000 loan to Arab Bank could save you $114 per month compared to market rates, totaling $41,112 over 30 years.

What is the process for discharging a home loan with Arab Bank Australia Limited?

You can access the Discharge Authority Form online, but specific processing times aren't provided. It's advisable to contact the bank for more details on the discharge timeline.

Does Arab Bank Australia Limited offer any fee waivers for professionals like doctors?

There is no specific information available about fee waivers for professionals like doctors. It's best to inquire directly with the bank for any special offers or waivers.

What are the interest savings on a $1,000,000 loan with Arab Bank Australia Limited?

A $1,000,000 loan at 6.15% over 30 years offers $228 in monthly savings compared to market rates, leading to $82,224 in savings over the loan term.

How transparent is Arab Bank Australia Limited about their fees?

Arab Bank Australia Limited's fee transparency is limited, which may imply potential hidden costs. It's crucial to request a full fee disclosure before committing.

What steps are involved in the complaints process at Arab Bank Australia Limited?

The complaints process involves multiple steps, starting with branch staff and potentially escalating to a Dispute Resolution Officer, which might delay resolution.

What are the benefits of choosing Arab Bank Australia Limited despite higher initial rates?

Despite higher initial rates, Arab Bank offers competitive long-term savings. For instance, a $750,000 loan saves $171 per month, totaling $61,668 over 30 years.

UPDATED JUL 7, 2026

Arab Bank Australia Limited Home Loans: The 2026 Review

Award-winning lender for best refinance and low-cost home loans. Enjoy fixed repayments for up to 5 years. Watch for potential hidden fees. Ready to secure your future?

Bheja Verdict

Good

3.8/5

✓

Competitive interest rates

✓

Wide range of loan options

Check Eligibility

Arab Bank Australia Limited Home Loans At a Glance

🏷️Best Rate Available

6.15%

Variable • Owner Occupied

💳Application Fee

$600

Upfront fee applies

📅Monthly Fee

Ongoing service fee

Loan Range:$20K - $100.0M

LVR:Up to 96%

Products:23 variations

Offset Account:Available

Current Arab Bank Australia Limited Home Loan Rates

Last updated: July 2026

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Average Rate: 9.34%
Best Rate: 9.29%
Monthly Payment: $4,128

Advanced

Sort By

The Basics Home Loan
Arab Bank Australia Limited
Min 4% DepositRedraw
9.29%
Interest Rate
Variable
9.42%
Comparison Rate*
$4,128
per month
Principal And Interest
Visit lender’s site
Check Eligibility
Fees:
Application $600Ongoing/month $8
Discharge
$250+ other fees may apply
Basics Home Loan Special Offer
Arab Bank Australia Limited
Min 4% DepositRedraw
9.29%
Interest Rate
Variable
9.42%
Comparison Rate*
$4,128
per month
Principal And Interest
Visit lender’s site
Check Eligibility
Fees:
Application $600Ongoing/month $8
Discharge
$250+ other fees may apply
Essentials Home Loan
Arab Bank Australia Limited
Min 4% DepositOffsetRedraw
9.39%
Interest Rate
Variable
9.44%
Comparison Rate*
$4,164
per month
Principal And Interest
Visit lender’s site
Check Eligibility
Fees:
Application $600
Discharge
$250+ other fees may apply
Essentials Home Loan Special Offer
Arab Bank Australia Limited
Min 4% DepositOffsetRedraw
9.39%
Interest Rate
Variable
9.44%
Comparison Rate*
$4,164
per month
Principal And Interest
Visit lender’s site
Check Eligibility
Fees:
Application $600
Discharge
$250+ other fees may apply

Arab Bank Australia Limited Product Statistics

Real-time insights and market analysis

Arab Bank Australia Limited offers 11 home loan products across 23 variations, the average variable rate is 8.58% p.a., the best available rate is 6.15% p.a..

Average Variable Rate

8.58%

13 products

Average Fixed Rate

7.11%

10 products

Best Available Rate

6.15%

Variable • Owner Occupied • P&I

Total Products

23 variations

Fee Summary

Application Fee

$600 - $750

Monthly Fee

Discharge Fee

$250

Late Payment Fee

$35

Key Features

Across Arab Bank Australia Limited's range: 6 include an offset account, 12 offer redraw, 12 allow extra repayments.

Offset Account

26%

Redraw Facility

52%

Extra Repayments

52%

Split Loan

—

Product Ranges

Arab Bank Australia Limited's interest rates range from 6.15% to 10.65% p.a., maximum LVR from 60% to 96%, loan amounts span $20,000 to $100,000,000.

Interest Rates6.15% — 10.65%

Max LVR60% — 96%

Loan Amount$20K — $100.0M

Disclaimer: The key features displayed highlight what's available across the lender's home loan range. Individual products and variations may differ. Use the product table to search for a loan with the specific features you're looking for.

How Arab Bank Australia Limited Compares

FEATURE	Arab Bank Australia Limited	Rabobank	Bank of China	HSBC	ING BANK (Australia) Ltd
Best Variable Rate	6.15%	—	5.93%	5.99%	5.99%
Best Fixed Rate (3yr)	7.30%	—	6.39%	6.34%	6.39%
Application Fee	$600	$0	$350	$600	$0
Monthly Admin Fee	$8	$0	$0	$0	$0
Offset Account		—
Redraw Facility		—
Product Variations	23	0	38	142	101

💡

Bheja Insight: Arab Bank Australia Limited offers offset accounts like most international banks, helping reduce interest while keeping funds accessible.

About Arab Bank Australia Limited

Company overview and contact information

Arab Bank Australia Limited, a subsidiary of Arab Bank plc, has been serving the Australian market for over 30 years. With branches in New South Wales and Victoria, the bank offers a blend of traditional and digital banking services. As an Authorized Deposit-taking Institution (ADI) regulated by APRA and holding an Australian Financial Services License (AFSL 234563), it ensures secure and reliable financial services.

The bank provides a diverse range of home loan products, featuring 11 distinct options with 23 variations. Interest rates range from 6.15% to 10.65%, catering to a wide array of financial needs and preferences. Customers can benefit from fixed repayments for up to five years, making it an attractive choice for those seeking stability in their mortgage payments.

Arab Bank Australia Limited stands out with its award-winning offerings, having received accolades such as the Best Refinance Home Loan 2024 by RateCity and the Low Cost Home Loan, Expert Choice Award 2024 by Mozo. These recognitions underscore its commitment to providing competitive and customer-focused home loan solutions.

Company Details

Legal Name: Arab Bank Australia Limited

ABN: 37002950745

ACN: 002950745

Ownership: Independent

AFSL: 234563

Parent Company: Arab Bank plc

Key Features

Arab Bank Australia Limited offers flexible home loan options with competitive interest rates and features designed to support both owner-occupiers and investors. With options for fixed and variable rates, borrowers can benefit from features such as loan portability, online banking access, and significant rate discounts.

Fixed Interest Rate

Arab Bank Australia Limited provides a fixed interest rate option for the first 1 to 5 years, offering stability in repayments and protection from rate rises. This feature is available for both owner-occupiers and investors, ensuring consistent budgeting during the initial loan phase.

Loan Portability

This feature allows borrowers to transfer their existing loan to a new property without the need to refinance. Arab Bank Australia Limited's loan portability option offers convenience for those looking to move homes while maintaining their current loan terms.

Offset Account

Arab Bank Australia Limited offers a 100% offset account, which can significantly reduce the interest payable on the loan. For instance, a $100,000 offset can save borrowers approximately $513 per month, enhancing financial flexibility.

Online Banking Access

Borrowers can manage their loans through Arab Bank Australia Limited’s online banking platform, abal.online. This feature allows for easy monitoring of loan accounts and facilitates automatic and extra repayments, providing convenience and control.

Rate Discounts

Arab Bank Australia Limited offers lifetime rate discounts, such as a 3.14% discount on owner-occupied loans and a 3.24% discount on investment loans. These discounts apply to the standard variable rate, providing long-term cost savings.

Automatic Repayments

Borrowers can set up automatic repayments linked to an Arab Bank Australia transaction account, ensuring timely payments and reducing the risk of missed deadlines. This feature supports efficient loan management.

Redraw Facility

The redraw facility allows borrowers to access extra repayments made on their loan, providing additional liquidity when needed. This feature is available across select products, enhancing financial flexibility.

Loan Mortgage Insurance (LMI)

For loans exceeding 80% of the property value, LMI is required. This insurance protects the lender and allows borrowers to access higher loan amounts, up to 95% LVR, facilitating property purchases with smaller deposits.

Flexible Repayment Options

Arab Bank Australia Limited offers weekly, fortnightly, or monthly repayment schedules, allowing borrowers to align payments with their income cycle. This flexibility supports better financial planning and cash flow management.

No Ongoing Fees

Select products from Arab Bank Australia Limited come with no monthly account keeping or ongoing annual fees, reducing the overall cost of the loan and providing additional savings for borrowers.

Fees & Charges

Arab Bank Australia Limited offers a range of home loan products with various fees, including upfront, ongoing, and other conditional charges. While some fees are clearly defined, potential borrowers should be aware of possible hidden costs due to limited transparency in fee details.

Fee Type

Amount

Description

Application Fee

$600-$750

Charged when applying for a home loan, with variations depending on the product.

Tenanted Security Report Fee

$100 per hour

Payable if the bank discovers the property is no longer occupied by the customer during an inspection.

Title Change Fee

$100

Charged when requesting a change to the title of a security property.

Deed Production Fee

$60

Applies when the bank must produce a document to a government registry.

Discharge of Security Fee

$250

Payable upon the bank's agreement to discharge a security.

Direct Debit Dishonour Fee

$35

Charged when a direct debit to the loan account is dishonoured.

Additional Security Consent Fee

$150

Applies when requesting the bank's consent to a security interest over the property.

Rollover Fee

$300

Charged at the end of a fixed rate period if rolling over to another fixed rate.

Monthly Service Fee

$8/month

A recurring fee for maintaining the loan account.

Redraw Fee (Over the Counter)

$55

Charged for over-the-counter redraw transactions.

Fees subject to change. Refer to lender documentation for current rates.

Eligibility Criteria

Arab Bank Australia Limited offers home loans to eligible individuals, providing flexible options for both owner-occupiers and investors. With a range of loan amounts and competitive rates, they cater to a diverse clientele seeking to purchase or invest in property.

Must be at least 18 years old.

Applicants must be Australian citizens or permanent residents.

Stable income and employment history required; proof of income must be provided.

Good credit history is essential for approval.

Loan-to-Value Ratio (LVR) must be between 60% and 95%.

Lenders Mortgage Insurance (LMI) is required for loans with an LVR above 80%.

Minimum loan amount is $20,000, and the maximum is $99,999,999.

Property must be located in Australia and meet bank valuation criteria.

Important Notes

LMI is required for loans with an LVR above 80%, impacting overall loan costs.
Special offers available for new customers purchasing owner-occupied properties with significant rate discounts.
No specific programs for first home buyers or professionals are currently listed.
Ensure all standard documentation, including ID and proof of income, is ready for application.

Arab Bank Australia Limited Home Loan Pros & Cons

Our expert take on whether Arab Bank Australia Limited is right for you

Pros

+Significant rate discounts for investment loans
+Fixed interest rate options for up to 5 years
+High LVR loans available with LMI
+Award – winning refinance and low-cost home loan options

Cons

–Above market average interest rates
–Low customer satisfaction rating
–Potential hidden fees due to lack of transparency

Best For

Investors seeking significant rate discounts
Borrowers looking for fixed repayment options
Clients needing high LVR loans with LMI

Not Ideal For

Borrowers prioritizing low interest rates
Customers seeking high customer satisfaction

💡

Bheja Verdict: Arab Bank Australia Limited offers competitive discounts for investment loans but has higher-than-average interest rates, making it best suited for specific borrower profiles.

Expert Secrets (Why Use Us?)

Insider knowledge about Arab Bank Australia Limited that most borrowers don't know

LMI Cost Examples

1For a $500,000 loan at 85% LVR, LMI costs $6,000.

2At 90% LVR, the LMI cost rises to $12,500 for the same loan amount.

3A 95% LVR on a $500,000 loan incurs $21,000 in LMI costs.

4A $750,000 loan at 85% LVR requires $9,000 in LMI.

Offset Benefits

A $10,000 offset can save you $51 per month, totaling $612 annually.

With a $25,000 offset, you save $128 monthly, amounting to $1,536 a year.

A $50,000 offset results in $256 monthly savings, or $3,072 annually.

A $100,000 offset can save you $513 each month, totaling $6,156 annually.

Admin & Logistics (The Help Desk)

Everything you need to manage your loan

Application Process

5 Steps

Complete the Discharge Authority Form: Download and fill out the Discharge Authority Form from the Arab Bank Australia website. (Tip: Ensure all personal and loan details are accurately filled out to avoid delays.)

Submit the Form: Submit the completed form to Arab Bank Australia for processing. (Tip: You can submit the form online or visit a branch for assistance.)

Pay the Discharge Fee: A fee of $250 is payable for the discharge process. This fee may cover external costs but excludes solicitor and government registry fees. (Tip: Prepare for this payment in advance to ensure a smooth process.)

Await Confirmation: Wait for confirmation from the bank regarding the discharge status. (Tip: Keep in touch with the bank for updates and ensure all your contact details are current.)

Settlement Booking: Coordinate with your settlement agent or solicitor to finalize the discharge and settlement. (Tip: Ensure all parties are informed of the timeline to avoid last-minute issues.)

Processing Times

Discharge Process10-14 business days

Required Documents

Discharge Authority Form

💡

Pro Tips

Request the discharge at least 2 weeks before your intended settlement date to allow for processing time.
Double-check all form details to prevent errors that could delay the process.
Contact customer service during business hours for any clarifications or assistance.
Keep a copy of all submitted documents for your records.
Be aware of any additional costs that may arise during the discharge process.

Arab Bank Australia Limited Mortgage Calculator

Estimate your repayments using current Arab Bank Australia Limited home loan rates

Over 30 years, borrowing $480,000 at 6.15%, total cost including interest and known fees could be around $1,059,616. Estimated monthly repayment: $2,924.30.

Home loan option

Property price

Your deposit

Loan term (years)Repayment frequency

Estimated total cost over 30 years

$1,059,616

Estimated repayment

$2,924.30

monthly repayment

Amount you borrow: $480,000 · At 6.15% · Variable — can change with the market

Known fees in this estimate

Application fee: $600
Valuation fee: $100
Legal fee: $100
Document fee: $60
Discharge fee: $250
Monthly fee: $16 / month
Total ongoing fees (30 yrs): $5,760

How is this calculated?

Estimated total cost includes the amount borrowed, interest over the full loan term, and any upfront, ongoing, and discharge fees published by the lender. It does not include stamp duty, LMI, or savings from an offset account.

The revert rate is the rate your loan may switch to when a fixed, introductory, or interest-only period ends. Where a lender hasn't published this rate, we use an estimate.

Cost breakdown

Amount you borrow: $480,000
Total interest: $572,746
Upfront fees: $860
Ongoing fees: $5,760
Discharge fee: $250
Estimated total cost: $1,059,616

These figures are estimates only. Your actual repayments and costs may differ. Confirm all details with your lender before making a decision.
Where a lender hasn't published their revert rate (the rate that applies after a fixed, introductory, or interest-only period ends), we estimate it. Your repayments may change when this period ends.
Split loans and offset accounts aren't included in this estimate.
For product comparison and comparison rates, see the rates table above.

Still Unsure? Let a human handle it.

Not sure if Arab Bank Australia Limited is right for you? Our brokers can help you compare options.

Frequently Asked Questions

Arab Bank Australia Limited does not specify exact approval timelines on their website, so it's best to contact them directly for an estimate. Generally, the process can vary depending on the complexity of your application.