Looking for a home loan?
Buying a home or looking to refinance? The table below features home loans
with some of the lowest interest rates on the market for owner occupiers.
Lender | |||||||||||||
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Variable | More details | ||||||||||||
FEATUREDGREAT INTEREST RATE | Smart Booster Investor Bundle (Principal and Interest)
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Smart Booster Investor Bundle (Principal and Interest)
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Variable | More details | ||||||||||||
FEATUREDNO UPFRONT OR ONGOING FEES | Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 80%)
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Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 80%)
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Variable | More details | ||||||||||||
BUNDLE YOUR HOME LOAN AND YOUR INVESTMENT LOAN FOR MORE SAVINGS | Yard Investor Bundle Loan (Bundled with Home Loan)
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Yard Investor Bundle Loan (Bundled with Home Loan)
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Variable | More details | ||||||||||||
REFINANCE ONLY | Variable Rate Investment Loan – Refinance Only
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Variable Rate Investment Loan – Refinance Only
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Variable | More details | ||||||||||||
FREE REDRAW FACILITY | Basic Investment Loan (Principal and Interest) (LVR < 60%)
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Basic Investment Loan (Principal and Interest) (LVR < 60%)
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Variable | More details | ||||||||||||
100% FULL OFFSET ACCOUNT | Ocean Investment (Amounts < $1m, LVR < 60%)
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Ocean Investment (Amounts < $1m, LVR < 60%)
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Variable | More details | ||||||||||||
FAST TURNAROUND TIMES AND FLEXIBLE LOAN OPTIONS | |||||||||||||
Basic Investment Loan (Principal and Interest) (LVR 60%-70%) | |||||||||||||
Variable | More details | ||||||||||||
Budget Investment Loan (Principal and Interest) (LVR ≤ 80%) | |||||||||||||
Variable | More details | ||||||||||||
Ocean Investment (Amounts < $1m, LVR < 70%) | |||||||||||||
Variable | More details | ||||||||||||
FEATUREDGET A FULL OFFSET ACCOUNT FOR NO EXTRA COST | Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 60%)
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Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 60%)
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Variable | More details | ||||||||||||
UNLIMITED EXTRA REPAYMENTS | |||||||||||||
Budget Investment Loan (Principal and Interest) (LVR 80%-90%) | |||||||||||||
Variable | More details | ||||||||||||
Yard Investment Loan (Principal and Interest) (LVR > 80%) | |||||||||||||
Variable | More details | ||||||||||||
Basic Investment Loan (Principal and Interest) (LVR 70%-80%) | |||||||||||||
Variable | More details | ||||||||||||
Ocean SMSF (No Offset) (Metro) (Principal and Interest) (LVR < 60%) | |||||||||||||
Variable | More details | ||||||||||||
Base Variable Investment Loan Special Offer (Principal and Interest) (LVR > 80%) | |||||||||||||
Variable | More details | ||||||||||||
Extra Investment Loan (Principal and Interest) (LVR 80%-90%) | |||||||||||||
Variable | More details | ||||||||||||
Standard Variable Investment Loan (Principal and Interest) (LVR < 80%) | |||||||||||||
Variable | More details | ||||||||||||
Base Variable Investment Loan (Principal and Interest) | |||||||||||||
Variable | More details | ||||||||||||
Ocean SMSF (With Offset) (Metro) (Principal and Interest) (LVR 60%-65%) | |||||||||||||
Variable | More details | ||||||||||||
FEATUREDSELF MANAGED SUPER FUND LOAN | SMSF 80
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SMSF 80
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- Option to add an offset for 0.10%
- No monthly or ongoing fees
- Unlimited redraws
Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of June 25, 2022. View disclaimer.
What are genuine savings?
’Genuine savings’ is what lenders use to describe savings you’ve built up yourself over a period of around three to six months and haven’t been earned through one-offs like work bonuses, selling a household item, inheritance or gifts from family.
‘Genuine’ savings are things like:
- Savings held for three months or more
- Term deposits with terms lasting more than three months
- Funds salary sacrificed under the First Home Super Saver Scheme
- Shares or managed funds you’ve held for at least three months
- Equity in your current property
The bigger the deposit, the less genuine savings you’ll generally need, but you should still try to have some. Lenders look to genuine savings to see how responsible you are with money. Someone who has genuinely saved over the months and years is more likely to get approval compared to someone who can’t save but received a small fortune through winning at the pokies, for example.
Genuine savings calculator
Our genuine savings calculator is designed to help you work out whether your savings are considered to be ‘genuine savings’, and whether a lender is likely to accept you or not based on your deposit size and savings habits.
Although every lender has its own genuine savings
requirements, you can get a rough idea of whether your
savings qualifies by entering the following information:
- The price of the property
- The loan amount
- How much savings you’ve held for more than three months
- Other savings you’ve held for less than three months (e.g. recent gifts/inheritance, sales of assets, tax refunds, bonuses, grants)
- If you own a property, the property’s value and loan balance
Remember though, each lender will do a thorough dive into your finances during your application, so this calculator is no guarantee of approval or rejection.