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

Variable
More details
GREAT INTEREST RATE
  • Option to add an offset for 0.10%
  • No monthly or ongoing fees
  • Unlimited redraws
GREAT INTEREST RATE

Smart Booster Investor Bundle (Principal and Interest)

  • Option to add an offset for 0.10%
  • No monthly or ongoing fees
  • Unlimited redraws
Variable
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NO UPFRONT OR ONGOING FEES
  • No upfront or ongoing fees
  • 100% full offset account
  • Unlimited extra repayments
NO UPFRONT OR ONGOING FEES

Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 80%)

  • No upfront or ongoing fees
  • 100% full offset account
  • Unlimited extra repayments
Variable
More details
BUNDLE YOUR HOME LOAN AND YOUR INVESTMENT LOAN FOR MORE SAVINGS
  • No upfront or ongoing fees
  • 100% full offset account
  • Unlimited extra repayments
BUNDLE YOUR HOME LOAN AND YOUR INVESTMENT LOAN FOR MORE SAVINGS

Yard Investor Bundle Loan (Bundled with Home Loan)

  • No upfront or ongoing fees
  • 100% full offset account
  • Unlimited extra repayments
Variable
More details
REFINANCE ONLY
  • A low-rate variable investment home loan from a 100% online lender. Backed by the Commonwealth Bank.
REFINANCE ONLY

Variable Rate Investment Loan – Refinance Only

  • A low-rate variable investment home loan from a 100% online lender. Backed by the Commonwealth Bank.
Variable
More details
FREE REDRAW FACILITY
  • Pay more to reduce the amount of interest you pay
  • Easily access additional funds in your redraw
  • Great rates and low fees
FREE REDRAW FACILITY

Basic Investment Loan (Principal and Interest) (LVR < 60%)

  • Pay more to reduce the amount of interest you pay
  • Easily access additional funds in your redraw
  • Great rates and low fees
Variable
More details
100% FULL OFFSET ACCOUNT
  • Free redraw facility
  • Split account option
  • Unlimited extra repayments
100% FULL OFFSET ACCOUNT

Ocean Investment (Amounts < $1m, LVR < 60%)

  • Free redraw facility
  • Split account option
  • Unlimited extra repayments
Variable
More details
FAST TURNAROUND TIMES AND FLEXIBLE LOAN OPTIONS
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
        GET A FULL OFFSET ACCOUNT FOR NO EXTRA COST
        • No upfront or ongoing fees
        • 100% full offset account
        • Extra repayments + redraw services
        GET A FULL OFFSET ACCOUNT FOR NO EXTRA COST

        Low Rate Home Loan - Prime (Principal and Interest) (Investment) (LVR < 60%)

        • No upfront or ongoing fees
        • 100% full offset account
        • Extra repayments + redraw services
        Variable
        More details
        UNLIMITED EXTRA REPAYMENTS
        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
                          SELF MANAGED SUPER FUND LOAN
                          • Easy refinance process
                          • No application fee and no settlement fee
                          • No monthly, annual or ongoing fees
                          SELF MANAGED SUPER FUND LOAN

                          SMSF 80

                          • Easy refinance process
                          • No application fee and no settlement fee
                          • No monthly, annual or ongoing fees

                          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.

                           

                          How much will a mortgage cost me

                          To answer this simply, a lot. Hundreds of thousands of dollars, usually. To answer in a more detailed fashion, a home loan will cost more than just the purchase price of the property. You’ll also need to pay:

                          • Interest on the loan
                          • Upfront home loan and property buying fees
                          • Ongoing home loan fees

                          Our home loan total cost calculator can help you work out how much a mortgage will really cost you.

                          Interest on the loan

                          This will likely be the largest home loan cost. Even the lowest home loan interest rates on the market can add hundreds of thousands of dollars to the total cot of a home loan.

                          Upfront costs

                          There are a few “upfront costs” to factor in before you even start paying the mortgage, such as:

                          • The deposit
                          • The establishment fee
                          • Lenders Mortgage Insurance (LMI)
                          • Transfer fees
                          • Settlement fees
                          • Application fees
                          • Discharge fees

                          And more. Not all of these are applicable, but in general, the different property buying costs can cost up to 5% of the property’s value.

                          Ongoing costs

                          As well as upfront costs, ongoing costs exist, and can include things like:

                          • Annual loan fees
                          • Redraw and offset account fees
                          • Property maintenance costs
                          • Insurance
                          • Council rates and strata fees

                          In addition to ongoing fees, there can be hidden home loan fees like discharge fees if you switch to a different home loan.

                          You need to factor these costs into the total cost of a home loan too.

                          Home loan total cost calculator

                          If you want to know the true cost of your home loan over the years after factoring all of these things in, then enter each of them where applicable into our total home loan cost calculator to find out. This can give you a better idea of whether you can truly afford a certain mortgage or not - you might instead feel it’s better to wait till you’ve saved a bigger deposit, or to look around for a cheaper interest rate.

                           

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