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Rates and Fees

Amlak Rental Facility Rates

Amlak Plus# Variable from 3.44% p.a.1 

Comparison Rate 3.59% p.a.*

Amlak Plus# Fixed Rates from 3.39% p.a.2

Comparison Rate 3.81% p.a.* 

1 Full doc owner occupied residential Shariah Compliant variable rate with LVR 80% or less 2 Full doc owner occupied residential Shariah Compliant 1-year fixed rate with LVR 80% or less * Comparison Rate Warning and explanation click here. Please note that these rates are applicable for new applications only # Conditions apply For MCCA’s full range of products, features and rates please contact us on 1300 724 734

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MCCA Ltd | ABN 45129968172 | Australian Credit Licence 388808 | MCCA Asset Management | ABN 18113728706 | AFSL 29136

Comparison rate

* Comparison rate warning

Comparison Rate calculated on a $150,000 secured finance over a 25-year term.

WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other finance amounts might result in a different comparison rate.

What is a Comparison rate?

A comparison rate is a tool to help consumers identify the true cost of a finance. It is a rate that includes both the profit/rental rate and fees and charges relating to a finance.

How is the Comparison rate calculated?

The comparison rate is calculated using a formula that takes into account the following items:

  1. The Finance amount
  2. Term of the finance
  3. Payment frequency
  4. Profit/rental rate
  5. Known fees and charges such as application fees, valuation fees, mortgage documentation fees and settlement fees.

These charges need to be taken into account when calculating the comparison rate, as they do affect the overall cost of the finance.

The Comparison rate does not include the following items:

  1. Government charges, such as stamp duty and mortgage registration fees
  2. Conveyancing fees
  3. Redraw fees
  4. Break costs or early termination fees

Finance Application

We congratulate you for making the right choice and selecting the halal home loan alternative. Firstly, complete the home mortgage form below. Once you have completed and submitted this form, a dedicated MCCA sales executive will contact you within 1 business day to walk you through the next stage of your application.