How to find the cheapest home loan rate

Want to save thousands of dollars over the life of your loan? Here are five ways to find a cheaper* home loan.

By looking carefully at your home loan's interest rate, fees, features and repayment structure, you can find many ways to save. This page will give you general advice on getting the cheapest loan for your situation. You can also start comparing loans for yourself in the table below.

HSBC Home Loan Offer

HSBC Home Value Loan - Resident Owner Occupier only, P&I

3.59 % p.a.

variable rate

3.60 % p.a.

comparison rate

HSBC Home Loan Offer

The HSBC Home Value Loan is a low rate loan with no monthly fees. You also get to enjoy premium service from a dedicated HSBC Relationship Manager.

  • Interest rate of 3.59% p.a.
  • Comparison rate of 3.60% p.a.
  • Application fee of $0
  • Maximum LVR: 90%
  • Minimum borrowing: $50,000
  • Max borrowing: $7,500,000
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Start your search for a cheaper home loan now

Rates last updated April 24th, 2018
$
Loan purpose
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Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
HSBC Home Value Loan - Resident Owner Occupier only, P&I
Borrow up to 90% of the value of your property and pay no ongoing fees with this loan from a leading international bank.
3.59% 3.60% $0 $0 p.a. 90% Go to site More info
Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
Loans over $150k get a discount off an already low fixed rate. Available for NSW, Qld and ACT residents only.
3.49% 4.49% $0 $395 p.a. 90% Go to site More info
IMB Budget Home Loan - Special LVR <=90% (Owner Occupier, P&I)
Get a special discount for a limited time when you open an IMB Transaction Account. Face-to-face consultations available in NSW and ACT.
3.69% 3.69% $0 $0 p.a. 90% Go to site More info
NAB Base Variable Rate Home Loan - Owner Occupier (P&I)
Variable rate home loan from one of the big 4 banks. Available with just a 5% deposit.
3.69% 3.73% $600 $0 p.a. 95% Enquire now More info
Reduce Rate Buster High Lend Variable Home Loan
Get a competitive variable rate with low fees. Add a 100% offset account for $10 a month. Available with a 10% deposit.
3.49% 3.49% $0 $0 p.a. 90% Enquire now More info
loans.com.au Essentials - Variable (Owner Occupier, P&I)
Pay no ongoing fees and enjoy a flexible repayment schedule, including the ability to make unlimited additional repayments without penalty.
3.64% 3.66% $0 $0 p.a. 80% Go to site More info
St.George Basic Home Loan - Promotional Rate (Owner Occupier, P&I)
This variable rate loan offers flexible repayments and a redraw facility. Available with a 5% deposit.
3.68% 3.69% $0 $0 p.a. 95% Enquire now More info
CUA Advance Variable Home Loan - Owner Occupier, P&I
Offset up to $50,000 of the combined balances of your CUA Everyday Accounts and save on interest.
3.65% 3.66% $0 $0 p.a. 90% Go to site More info
State Custodians Low Rate Home Loan with Offset - LVR up to 80% (Owner Occupier, P&I)
This loan offers a competitive variable rate and a 100% offset account to help save you on interest repayments.
3.64% 3.67% $0 $0 p.a. 80% Go to site More info
UBank UHomeLoan Variable Rate - Discounted Rate — borrowing between $200,000 and less than $700,000 (Owner Occupier, P&I)
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees. Refinance to a UBank loan and you could get $1,000 in your USaver account (offer conditions apply).
3.69% 3.69% $0 $0 p.a. 80% Go to site More info
Yellow Brick Road Rate Smasher Home Loan
A low interest rate home loan with no application or ongoing fees.
3.58% 3.58% $0 $0 p.a. 70% Enquire now More info
Homestar Finance Variable Rate Home Loan - Owner Occupier ($1200 cashback)
Eligible borrowers can get $1,200 cashback on this loan with a 100% offset account and a redraw facility.
3.54% 3.58% $0 $0 p.a. 80% Go to site More info
Easy Street Standard Variable Special Home Loan
A loan that combines a competitive rate with a 100% offset account.
3.49% 3.52% $500 $0 p.a. 95% Go to site More info
SCU Basic Variable Rate Home Loan
A simplified mortgage with a low interest rate and a redraw facility.
3.77% 3.81% $200 $0 p.a. 95% Go to site More info
loans.com.au Offset Variable - Up to 80% LVR (Owner Occupier P&I)
Save on interest by taking advantage of a 100% offset account along with no ongoing fees or application fees.
3.72% 3.74% $0 $0 p.a. 80% Go to site More info
Community First Accelerator Home Loan Package - >$250k (Owner Occupier, P&I) Special Offer
Get interest rate discounts and waived fees on this package loan with a 100% offset account.
3.59% 3.99% $0 $395 p.a. 95% Go to site More info
Greater Bank Great Rate Home Loan - Discounted Variable ($150K+ Owner Occupier) New Loans only
New customers can get a discounted variable rate and a fee-free redraw facility. NSW, QLD and ACT residents only.
3.74% 3.74% $0 $0 p.a. 90% Go to site More info
Bank Australia Basic Home Loan - Special LVR <80% (Owner Occupier)
This special rate loan comes with no application or ongoing fees, and offers a flexible repayment schedule.
3.65% 3.66% $0 $0 p.a. 80% Go to site More info
AMP Professional Package Variable Rate Home Loan - $750,000 and above (Owner Occupier, P&I)
Package your loan with other AMP products and save on rates and fees.
3.69% 4.06% $0 $349 p.a. 90% Enquire now More info
Greater Bank Great Rate Discount Variable with Family Pledge Home Loan - Up to 110% LVR
Pay no deposit or LMI and get a discounted rate with this family pledge loan. Requires a family member to act as guarantor. NSW, Qld and ACT only.
3.74% 3.74% $0 $0 p.a. 110% Go to site More info
RACQ Mortgage Saver Special Home Loan
Free home and contents insurance for 1 year. Terms and conditions apply. QLD residents only.
3.62% 3.62% $0 $0 p.a. 95% Go to site More info
Beyond Bank Low Rate Special Home Loan - LVR ≤ 80% (Owner Occupier)
Get a 100% offset account and pay no application or ongoing fees on this special variable rate for owner-occupiers.
3.73% 3.73% $0 $0 p.a. 80% Go to site More info
Bankwest Complete Home Loan Package Variable - LVR <=90% (Owner Occupier, P&I)
Package your loan with an eligible credit card for discounts on rates and fees, and get a 100% offset account.
3.70% 4.13% $0 $395 p.a. 90% Go to site More info
Community First Fixed Rate Home Loan - 3 Year (Owner Occupier, P&I)
Get a 100% offset account and the option to make extra repayments with this fixed rate loan.
3.99% 4.99% $600 $0 p.a. 95% Go to site More info
ClickLoans Basic Home Loan - LVR <70%
Get a discount for keeping your LVR at 70% or below with this innovative online lender.
3.64% 3.64% $0 $0 p.a. 70% Go to site More info
Auswide Bank Variable Home Loan Plus with Freedom Package - $100K+ LVR <= 90% (Special Offer, Owner Occupier)
A high maximum LVR home loan with redraw facility and additional payments.
3.59% 3.99% $0 $395 p.a. 90% Go to site More info
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, P&I)
A one year fixed rate offer with no ongoing bank fees.
3.59% 4.14% $395 $0 p.a. 80% Go to site More info
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I)
Low deposit home loan. Enjoy flexible repayment options while paying limited fees.
3.88% 4.89% $0 $395 p.a. 95% Go to site More info
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer ($150,000+ Owner Occupier, P&I)
New borrowers or refinancers from another lender get a discounted rate with this package loan.
3.64% 4.03% $0 $395 p.a. 80% Go to site More info
ME Basic Home Loan - LVR <=80% (Owner Occupier, P&I)
This variable rate loan keeps the features simple and fees low. This loan is offered by a 100% online lender.
4.09% 4.11% $0 $0 p.a. 80% Go to site More info
ClickLoans Basic Home Loan - LVR <80%
Pay no application or ongoing fees and get access to a free redraw facility with this innovative online lender.
3.78% 3.78% $0 $0 p.a. 80% Go to site More info
IMB Platinum Package Fixed Home Loan - 2 Year Fixed (LVR < 90% Owner Occupier)
Pay no application fee for this package loan, and get access to a redraw facility. Face-to-face consultations available for NSW and ACT customers.
3.65% 4.84% $0 $395 p.a. 90% Go to site More info
ME Flexible Home Loan Fixed - 2 Year Fixed Rate (Owner Occupier, P&I)
Access a fee-free 100% offset account and pay no application or ongoing fees.
3.99% 4.86% $0 $0 p.a. 80% Go to site More info
State Custodians Low Rate LOC - LVR up to 80% (Owner Occupier, IO)
A low-fee line of credit loan from an online lender. Unlock the equity in your home and make interest-only repayments with a competitive rate.
3.89% 3.92% $0 $0 p.a. 80% Go to site More info
IMB Essentials Home Loan - $300,000+, LVR < 90% (Owner Occupier, P&I)
A variable rate loan with a 100% offset account. Available with a 10% deposit.Face-to-face consultations available for NSW and ACT customers.
3.97% 3.97% $0 $0 p.a. 90% Go to site More info
Mortgage House Advantage Variable Home Loan - 80 (PAYG Special No Offset)
A mortgage with a competitive variable rate, limited fees and plenty of flexibility.
3.64% 3.67% $0 $0 p.a. 80% Enquire now More info
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Years Fixed (Owner Occupier, P&I)
Borrow up to 90% of the value of the property you're buying and pay no application or ongoing fees.
3.89% 4.87% $0 $0 p.a. 90% Go to site More info
Greater Bank Ultimate Home Loan - Discounted 2 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
A fixed rate loan with a 100% offset account and the option to make additional repayments. Loans over $150k receive a discounted rate. NSW, QLD and ACT residents only.
3.69% 4.47% $0 $395 p.a. 90% Go to site More info
Heritage Bank Discount Variable Home Loan - LVR <=80% (Owner Occupier) New Customers Only
Family guarantee option available. Enjoy flexible repayments and a low minimum loan amount.
3.69% 3.71% $0 $0 p.a. 80% Go to site More info
Mortgage House Advantage Variable Home Loan - LVR 80% (Owner Occupier, with Offset)
Get a 100% offset account to save on interest charges, and pay no application fee.
3.68% 3.83% $0 $10 monthly ($120 p.a.) 80% Enquire now More info
Yellow Brick Road Empower Home Loan - 3 Years Fixed LVR ≤ 70%(Owner Occupier P&I)
A competitive 3-year fixed rate loan with a high max insured LVR.
4.09% 3.79% $0 $0 p.a. 70% Enquire now More info
HSBC Premier Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier, P&I)
Make up to $10,000 in extra repayments per year and take advantage of a flexible repayment schedule.
3.85% 4.82% $600 $35 monthly ($420 p.a.) 90% Enquire now More info
Mortgage House Advantage Variable Home Loan - LVR 95 Special (Owner Occupier, P&I)
Buy a home with just a 5% deposit and get flexible repayment options and a redraw facility.
4.09% 4.12% $0 $0 p.a. 95% Enquire now More info
AMP Essential Home Loan  -  $100,000 and above (Owner Occupier)
For a limited time, pay no application or settlement fees. You can also take advantage of a free redraw facility.
3.96% 3.98% $350 $0 p.a. 90% Enquire now More info
Westpac Fixed Options Home Loan Premier Advantage Package - 2 Years, P&I
Refinance from your existing loan and get a $1,250 rebate. Terms and conditions apply. Plus get discounts on a range of Westpac products.
3.89% 4.88% $0 $395 p.a. 95% Enquire now More info
Bank of Melbourne Basic Home Loan - Promotional Rate (Owner Occupiers, P&I)
Family pledge option available. Get a special discount off Bank of Melbourne's basic variable rate.
3.64% 3.65% $0 $0 p.a. 95% Enquire now More info
Virgin Reward Me Variable Home Loan - LVR <= 80% ($750k+ Owner Occupier, P&I)
Earn Velocity Points on your mortgage (for a limited time, subject to eligibility requirements). Plus, access a 100% offset account to save on interest.
3.64% 3.78% $0 $10 monthly ($120 p.a.) 80% Enquire now More info
Aussie Select Basic Variable  -  (LVR <= 70%) (Owner Occupier, P&I)
Keep your LVR at 70% or below and enjoy a special discounted rate. Also, pay no application or ongoing fees.
3.79% 3.80% $0 $0 p.a. 70% Enquire now More info
Macquarie Bank Basic Home Loan - LVR up to 70% (Owner Occupier, P&I)
Pay no application or ongoing fees and get a flexible loan with the ability to split up to 6 times.
3.69% 3.69% $0 $0 p.a. 70% Enquire now More info
Virgin Reward Me Fixed Rate Home Loan - 3 Years $300k+ Special offer (Owner Occupier, P&I)
Get Virgin Velocity Points at settlement, monthly and every three years, plus the option to make up to $10,000 a year in extra repayments.
3.87% 3.87% $0 $10 monthly ($120 p.a.) 90% Enquire now More info
ANZ Simplicity PLUS Home Loan - Special Offer (Owner Occupier, P&I)
Buy a home with just a 5% deposit and pay no application or ongoing fees.
3.99% 4.03% $0 $0 p.a. 95% Enquire now More info
Commonwealth Bank Wealth Package Fixed Home Loan - 2 Year Fixed (Owner Occupier) P&I
Get discounts on a range of Commonwealth Bank products and enjoy the option of fee-free extra repayments during the fixed term.
3.89% 4.97% $0 $395 p.a. 95% Enquire now More info
St.George Fixed Rate Advantage Package -  2 Year Fixed Rate (Owner Occupier, P&I)
Refinancers can get $1,500 cashback. Conditions apply. Package your home loan with a Qantas rewards earning Amplify credit card.
3.89% 4.96% $0 $395 p.a. 95% Enquire now More info
Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR<=90% Incl. LMI (Owner Occupier, P&I)
Get one free online redraw per month and pay no ongoing fees. Application fees are waived for loans above $150,000.
3.68% 3.69% $0 $0 p.a. 90% Enquire now More info
Westpac Flexi First Option Home Loan - 2 Years Introductory Special Offer (New Owner Occupier, P&I)
Get a 1% discount for the first two years of your loan and pay no application or ongoing fees.
3.59% 4.42% $600 $0 p.a. 95% Enquire now More info
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Credit services for Aussie Select, Aussie IQ and Aussie Optimizer products are provided by AHL Investments Pty Ltd ACN 105 265 861 Australian Credit Licence 246786 ("Aussie"), and its appointed credit representatives. Credit for Aussie Select products is provided by Residential Mortgage Group Pty Ltd ACN 152 378 133 Australian Credit Licence 414133 (“RMG”). RMG is a wholly-owned subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian Credit Licence 234945. Credit for Aussie Optimizer products is provided by Perpetual Limited ABN 86 000 431 827 (Lender). Credit for Aussie IQ is provided by Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502. Home loans issued by the Lender are serviced by Macquarie Securitisation Limited ABN 16 003 297 336, Australian Credit Licence 237863 (MSL).

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Compare cheap home loans

Find the lowest interest rate

Calculating your mortgage expenses.Getting a lower interest rate is one of the best ways to save on your loan. Even a difference of a few basis points saves you thousands over a 30-year mortgage. Here are some tips to help you compare rates:

  • Variable versus fixed rates. Variable loans usually have lower rates and offer more flexibility than fixed loans. But you can find very competitive fixed rate loans too. If rates rise while you're still on a fixed loan, you may end up with a more competitive rate.
  • Introductory rate discounts. Look out for loans with discounted introductory interest rates. These might be some of the lowest loans on the market. Just watch out for fees and be ready to switch if your rate jumps up.
  • Non-bank lenders. Loans from smaller, non-bank lenders are more likely to have lower rates. But the mortgage market is so competitive that even the big banks are offering comparably low rates.
  • Negotiating. Once you've chosen a mortgage you can ask for a discount. It never hurts to ask.

Get a loan with low fees

Most mortgages come with fees. These are separate from the interest rate and your repayments, but they are calculated into a loan's comparison rate.

Upfront, one-off fees (like application fees) can seem expensive, but smaller, ongoing fees can cost you more in the long run.

So should I avoid fees at all costs?

Not always. You need to crunch the numbers and work it out for yourself. If a loan has a low rate and features you need (like an offset account), then it might be worth paying the fee.

Some fees only come at the end of the loan or when switching lenders. Keep this in mind if you're planning to refinance (which you probably should).

Get features that save you time (and money)

Home loans with the lowest interest rates often have fewer features. But the right features can help you get more out of your home loan and save you money. It depends on your strategy.

  • Offset accounts. An offset account is a transaction account linked to your home loan. It reduces the amount of interest you're repaying. For example, if you borrow $200,000 and save $10,000 in a 100% offset account, you will only pay interest on $190,000. You can use the offset account funds if you need to spend them, but then you'll have to pay interest on the full amount.
  • Loan portability. This feature lets you move your loan to a new property without the high costs of exiting a loan and taking out a new one.
  • Unlimited extra repayments. Some lenders charge penalty fees when you make extra repayments. The most affordable home loan could be the one that lets you pay it off in your own way, so watch out for repayment fees. Note that while most lenders allow you to pay variable rate home loans off early with no problem, fixed loans will charge a penalty fee known as break costs.

Save a bigger deposit

The bigger your deposit, the less you have to borrow. This makes for cheaper repayments. In some cases, a bigger deposit unlocks lower rates. Most mortgages require a deposit between 5% and 20% of your property's value. If you borrow with a deposit that is less than 20% of your property's value, you will need to pay lenders mortgage insurance on top of your loan.

Having at least 20% of your property's value as a deposit saves you money. If you have a 30% deposit, you could get an even lower interest rate, but that's unrealistic for many home buyers.

Take a closer look at your repayments

Your repayment structure has a big effect on the cost of your loan. Principal and interest loans result in bigger monthly repayments but are cheaper in the long run. Interest-only loans have much cheaper repayments during the interest-only period but higher repayments afterward. This costs you more over time.

Shorter loan periods

The faster you pay off a home loan, the less interest you pay over time. So even though the repayments for a 25-year home loan might look high compared to those of an identical 30-year home loan, the savings would be higher.

Check out the difference in the total cost of two loans below:

A graph showing the savings gained from a shorter loan period.

A 25-year mortgage has higher repayments, but works out to be cheaper in the long run because you pay less interest.

I have a few more questions about getting the cheapest home loan

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Related Posts

Home Loan Offers

Important Information*
loans.com.au Essentials - Variable (Owner Occupier, P&I)

A competitive interest rate home loan with interest only options. Interest rate 3.64%p.a.
comp rate of 3.66%p.a.

NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special

Start your home buying journey with 2 years of fixed repayments and a reasonable rate from a big 4 bank. Available with a 10% deposit.

UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupied Variable P&I Rate — borrowing $700,000 or more

Pay no application or ongoing fees and get access to a redraw facility and flexible repayment schedule. Refinance to a UBank loan and you could get $1,000 in your USaver account (offer conditions apply).

Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)

Loans over $150k get a discount off an already low fixed rate. Available for NSW, Qld and ACT residents only.

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55 Responses

  1. Default Gravatar
    stanleyFebruary 20, 2018

    I am looking to purchace a house in the uk, I have a fully owned unit in Sydney with an approximate value of $900,000 . I would require a loan of $300,000 as I am 80 years of age would a loan for this sum be possible.

    • Staff
      JonathanFebruary 21, 2018Staff

      Hi Stanley, thanks for your inquiry.

      Loans for purchasing property overseas are possible. Some options include:

      -Banks in Australia with foreign branches.
      -Non-Australian owned foreign banks that provide loans.
      -Mortgage brokers in Australia and abroad.

      Since your unit is fully owned, this should be a positive factor in sourcing equity to purchase overseas.

      We would recommend speaking to a licensed mortgage broker to further discuss your options.

      Best,

      Jonathan

  2. Default Gravatar
    May 31, 2017

    cheapest interest on reverse mortgage loan ?

    • Default Gravatar
      JonathanMay 31, 2017

      Hi Peter!

      Thanks for the comment.

      You may use this comparison page that we have for Reverse Mortgage to shop around with the rates from different lenders.

      Just click “More Info” green button if you wish to proceed with a specific lender.

      Hope this helps.

      Cheers,
      Jonathan

  3. Default Gravatar
    JOHNMay 14, 2017

    Looking to refinance a investment unit and pay to off in 4/5 years.
    Pay fortnightly $1300 . Looking for a home loan to achieve this,

    • Staff
      LouMay 14, 2017Staff

      Hi John,

      Thanks for your question.

      If you are looking for a refinancing home loan for investment properties, you may compare your options on this page.

      Cheers,
      Anndy

  4. Default Gravatar
    ElaineMay 11, 2017

    If you are on a pension and own 90 percent of your home is a loan permitted

    • Staff
      ArnoldMay 11, 2017Staff

      Hi Elaine,

      Thanks for your inquiry.

      Yes, pensioners are able to apply for home loans. The image below shows what options are available for you.

      Types of Loans

      For information on eligibility, requirements, and application process. You can visit this page. – https://www.finder.com.au/home-loans-for-pensioners

      If you have further concerns you may want to Reach out to a Broker which can give you a professional assessment and will guide you through the application.

      Hope this information helped.

      Cheers,
      Arnold

  5. Default Gravatar
    KateApril 20, 2017

    Hi I’d like to know if there are home loans available for people who are unable to work but plan to return to work in the foreseeable future? Thanks

    • Staff
      LouApril 20, 2017Staff

      Hi Kate,

      Thanks for your question.

      If you are currently unemployed, the lenders on this page may consider you for a home loan.

      Alternatively, if you are self-employed, you may compare home loan products here.

      If you need assistance in finding a suitable home loan option, you may also get in touch with a mortgage broker.

      Cheers,
      Anndy

  6. Default Gravatar
    PremFebruary 4, 2017

    Will this interest rate go up and down with the interest rate raise and fall or is it a honey moon rate which will go back up over 4% when the honey moon period finish

    • Staff
      MayFebruary 5, 2017Staff

      Hi Prem,

      Thank you for your question and for contacting finder.com.au we are a financial comparison website and general information service we are not mortgage specialists so can only offer general advice.

      The home loan rates will depend on its type either “variable” or “fixed” rate. If it’s “variable rate home loan” this product has an interest rate which fluctuates up or down over time as your lender sees fit. Your repayments for this type of home loan will also change if the interest rate will change.

      Whilst with “fixed rate home loan”, the interest on your home loan will remain unchanged for the length of your loan term. This means that you’ll know what your repayments will be.

      Cheers,
      May

  7. Default Gravatar
    CuriousDecember 18, 2016

    I was wondering where online banking institutions such as UBank and ING Direct are based and if they are required to follow Australian banking regulations/laws.

    As someone who has always done business with the traditional banks I need to be sure these online banks are reliable and safe.

    • Staff
      MayDecember 18, 2016Staff

      Hi Curious,

      Thanks for your question.

      Yes, UBank and ING Direct are both registered and are required to follow Australian banking regulations and laws. UBank is an online bank and a division of a division of National Australia Bank Limited (NAB). It has the same credit licence as NAB, which means the loans are underwritten by NAB too. Deposits held within UBank are guaranteed under the Government Financial Claims Scheme and UBank adheres to the Code of banking Practice. The home loan products they offer are listed on this page.

      Whilst ING Direct is wholly owned by ING Group and headquartered in Sydney. They are also regulated by the Australian Prudential Regulation Authority (APRA), like all banks. Their combined savings balances of up to $250,000 per customer are guaranteed by the Australian Government. If you’d like to compare their home loan products, please click this link.

      Cheers,
      May

  8. Default Gravatar
    enlightenedAugust 17, 2016

    Why dont you list the money magazines best home loan winner for 2016. With loan rate of 3.35 Reduce home loans is the clear winner and not even a mention?

    • Staff
      JodieAugust 30, 2016Staff

      Hi there,

      Thank you for contacting finder.com.au we are a financial comparison website and general information service.

      We appreciate your feedback and will take it on board, however, we list a selection of loans on this page and it is by no means comprehensive if you would like to find out more about how we operate please read our disclaimer.

      With regards to the Reduce Home Loans Rate Buster home loan, it is only suitable for borrowers who have a loan-to-value ratio of under 80% or a minimum deposit of 20% as well as a loan amount below $500,000, whereas we have a range of loans to suit a large selection of customers on this page.

      Thanks again for your feedback we do always like to hear from our users.

      Regards
      Jodie

  9. Default Gravatar
    EwenAugust 3, 2016

    Is U Bank part of NAB and if so why can’t NAB give me the same competitive interests rate with no fees.

    • Staff
      MayAugust 3, 2016Staff

      Hi Ewen,

      Thanks for your question. You’ve come through to finder.com.au we are an Australian financial comparison website and general information service, not actually NAB.

      Yes, UBank is an online lender that is backed by NAB. Though the two offer home loan products, they differ in the interest rates for their products, where UBank offers more competitive rates and products as they don’t have physical branches like NAB. NAB is a big bank and offers a wide variety of financial products than UBank. For more information, you may also like to read our article on how home loan lenders differ from each other.

      Hope that helps.

      Cheers,
      May

  10. Default Gravatar
    FlapjackswimmingMay 31, 2016

    whilst all these low rates are enticing, I am looking for a line of credit (portfolio loan). This feature has been great but it isn’t clear when looking at other options if this is available. Could you point me in the right direction?
    Regards
    john

    • Staff
      MarcJune 2, 2016Staff

      Hi John,
      thanks for the question.

      You can compare line of credit loans here to get an idea of the rates available for these types of loans.

      I hope this helps,
      Marc.

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