Home Loans

Budget Home Loan

For investing in property
A low cost home loan option, the Budget Home Loan has a discount off IMB’s Standard Variable Rate for the life of the loan, so you’ll always pay less.
Get it done with IMB Bank using our easy online application.


% p.a

Variable interest rate1

with current discount


% p.a

Comparison Rate2

For new investment loans with P&I repayments ≤80% LVR

Up to $4,000 cashback

Simply switch your eligible home loan to IMB Bank*

Settle within 90 days. LVR up to 80%.
$4,000 for loans ≥ $1mil. $3,000 for loans $750k<$1mil.
$2,000 for loans $500k<$750K.



Save on your home loan without compromising on features, with:

Life-of-loan discount off IMB’s standard variable interest rate
Unrestricted additional repayments
Free Internet and Mobile Banking redraws3
No monthly fees

Other features

Eligibility criteria

Interest rates

Interest rates shown are for new investment loans on principal and interest repayments

Budget Home Loan

Interest Rate1
with current discount margin

Comparison Rate2

LVR ≤80%


% p.a.


% p.a.

LVR >80% & ≤90%


% p.a.


% p.a.

Get to know the numbers

Applying for a home loan is easy

Understand home loans

Review our home loan help articles or speak with one of our home loan specialists to better understand home loans.

Compare your options

We offer a fixed rate, basic variable rate and variable with offset account. You can also use a home loan calculator to see how much you could borrow and what your repayments will be.

Apply online

Our digital home loan journey let's you get started on your own, or one of our home loan specialists can help you out.

Need support?

Contact us

Get in touch with one of our Australia-based team.

Locate us

Our friendly branch staff are looking forward to helping you achieve your financial goals.

Got a question on Home Loans?

What type of security can be used for the guarantee provided to support the Family Guarantee Home Loan?

How can I calculate what my repayments will be?

Can I do weekly/fortnightly repayments?

How long does home loan pre-approval/conditional approval last?

Can you have a split loan?

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About IMB

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Important Information


Information current as at date of appearance and subject to change. Lending criteria, terms and conditions, fees and charges apply. Minimum total loan exposure $75,000. Eligibility criteria must be met to apply online. Split loan options not available in online applications.  

You should consider the relevant Terms and Conditions or Member Guide to Transaction Banking - Product Disclosure Statement before deciding whether to acquire any IMB products or facilities. Target Market Determinations available here.

Purpose, repayment type and LVR

Interest rates are based on criteria that includes purpose (owner occupier or investment), repayment type (principal and interest (P&I) or interest only) and loan to value ratio (LVR). Different interest rates and establishment fees may apply if the purpose, repayment type or LVR is different to the purpose, repayment type or LVR for the interest rate shown.

Rates and features

1.Variable rate loans have a discount off the standard variable rate. The discount margin will be the discount available at the time a loan contract is issued and may be different to the current discount in the interest rates shown. They are for new applications only and they are not available for refinance of existing IMB loans. Also refer to the general information above.

2.This comparison rate is based on a $150,000 secured home loan over 25 years. 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.

3.Minimum redraw $500.

4.Maximum allowed varies depending on state, occupancy, loan amount and security type.