How to calculate your home loan repayments

Use a home loan calculator to remove the guesswork out of your loan repayments

Last updated:

The home loan calculator below will give you an estimate of what your repayments might be for a given interest rate and loan term. You can jump straight into it, or skip ahead and read about out how you can use it to help you with your home loan decision making.

Compare home loan rates

Rates last updated January 18th, 2020
$
Loan purpose
Offset account
Loan type
Repayment type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online only cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.

UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
2.84%
2.84%
$0
$0 p.a.
80%
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees.
Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.79%
4.04%
$0
$395 p.a.
90%
Get one of the lowest fixed mortgage rates on the market plus a 100% offset account. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
loans.com.au Smart Home Loan - (Owner Occupier, P&I)
2.88%
2.90%
$0
$0 p.a.
80%
Get one of the lowest variable interest rates on the market and pay 0 application or ongoing fees.
Bank of Melbourne Basic Home Loan - LVR above 60% up to 80% (Owner Occupiers, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
Homestar Star Essentials Home Loan - $150K to $850K LVR up to 80% (Owner Occupier, P&I)
2.74%
2.77%
$0
$0 p.a.
80%
A low rate variable mortgage with minimal fees and redraw facility. Requires a 20% deposit. For every complete application Homestar will donate $250 to select charities to help bushfire victims.
Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)
2.79%
3.30%
$0
$10 monthly ($120 p.a.)
80%
Buy your home and lock in a low rate for the first two years. Available with a 10% deposit.
Greater Bank Great Rate Home Loan - Discounted 2 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.97%
3.75%
$0
$0 p.a.
90%
A discounted 2 years fixed rate for home buyers. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
BankSA Basic Home Loan - Promotional Rate (Owner Occupier, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online only cashback offer: Refinancers borrowing $200,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.
Newcastle Permanent Building Society Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I)
3.19%
3.23%
$595
$0 p.a.
90%
$2,500 cashback for first home buyers (owner occupier loans with P&I repayments, borrowing $250K or more).
Greater Bank Great Rate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.79%
3.82%
$0
$0 p.a.
90%
Get one of the lowest rates on the market with this fixed rate mortgage. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
Pepper Money Essential Prime Full Doc Home Loan - LVR >75% up to 80%
3.59%
3.79%
$599
$10 monthly ($120 p.a.)
80%
This is a competitive, flexible variable rate suitable for borrowers with a good credit history. Borrow up to 80%.
Easy Street Standard Variable Special Home Loan
2.95%
2.99%
$500
$0 p.a.
95%
This mortgage combines a very sharp interest rate with a 100% offset account and it's available with a 5% deposit.
Greater Bank Great Rate Discount Variable with Family Pledge Home Loan - Up to 110% LVR
3.33%
3.34%
$0
$0 p.a.
110%
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.
Gateway Bank Low Rate Essentials Variable Rate Home Loan - Special offer LVR up to 80% and over $500k (Owner Occupier, P&I)
3.01%
3.04%
$0
$0 p.a.
80%
A competitive, flexible variable rate mortgage for home buyers borrowing above $500,000.
Newcastle Permanent Building Society  Premium Plus Package Fixed Rate - 2 Year Fixed (Investor, P&I)
3.17%
4.36%
$0
$395 p.a.
80%
Investors can lock in their rate for two years and pay no upfront fees.
Greater Bank Great Rate Home Loan - Discounted 3 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.97%
3.68%
$0
$0 p.a.
90%
Discounted 3 years fixed rate with no ongoing fees and a redraw facility. Guarantor option available. NSW, QLD and ACT residents only.
loans.com.au Smart Home Loan - (Investor, P&I)
3.19%
3.21%
$0
$0 p.a.
80%
A competitive variable investor rate for borrowers with 20% deposits. Low fees, redraw facilities and repayment flexibility.
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, P&I)
2.69%
3.19%
$395
$0 p.a.
80%
A competitive fixed interest rate loan with no ongoing fees. Requires a 20% deposit.
Virgin Reward Me Variable Home Loan - LVR <= 80% ($500k to $750k Owner Occupier, P&I)
3.18%
3.32%
$0
$10 monthly ($120 p.a.)
80%
This flexible, competitive variable rate mortgage comes with a 100% offset account and redraw facility.
Community First Accelerator Home Loan Package - $250k and over 2 Year Discounted Variable (Owner Occupier, P&I)
3.24%
4.14%
$600
$395 p.a.
95%
A package loan that offers discounts and a 100% offset account.
UBank UHomeLoan Variable Rate - Discount Offer for Investor Variable P&I Rate
3.24%
3.24%
$0
$0 p.a.
80%
Get a discounted, low-fee investor loan from a convenient online lender. 20% deposit required.
Virgin Reward Me Fixed Rate Home Loan - 3 Year $300k+ Special offer (Owner Occupier, P&I)
2.79%
3.26%
$0
$10 monthly ($120 p.a.)
80%
A competitive fixed rate mortgage available with a 10% deposit.
Gateway Bank Low Rate Essentials Variable Rate Home Loan - Special offer LVR up to 80% and over $500k (Investor, P&I)
3.29%
3.32%
$0
$0 p.a.
80%
Investors with 20% deposits can get this flexible variable mortgage with low fees and a reasonable rate.
Community First Fixed Rate Home Loan - 2 Year (Owner Occupier, P&I)
3.09%
3.94%
$600
$0 p.a.
95%
This fixed rate loan offers a 100% offset account and the flexibility to make extra repayments.
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, P&I)
2.74%
3.38%
$395
$0 p.a.
80%
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer Discount 1 ($150k+ Owner Occupier, P&I)
3.19%
3.59%
$0
$395 p.a.
90%
New borrowers or refinancers can get a discounted rate with this package loan. $2,500 cashback for first home buyers (owner occupier loans with P&I repayments, borrowing $250K or more).
Community First Accelerator Home Loan Package - $250k and over 2 Year Discounted Variable (Investor, P&I)
3.54%
4.44%
$600
$395 p.a.
95%
A package loan that offers discounts and a 100% offset account.
Virgin Reward Me Variable Home Loan - LVR <=80% ($500k to $750k Owner Occupier, IO)
3.74%
3.76%
$0
$10 monthly ($120 p.a.)
80%
A variable rate home loan with no application fees.
Adelaide Bank SmartFix Home Loan - 2 Year Fixed Rate (Owner Occupier, IO)
3.59%
3.37%
$375
$15 monthly ($180 p.a.)
80%
Home buyers with a 20% deposit can get this low interest-only rate. It also comes with a 100% offset account.
UBank UHomeLoan - 3 Year Fixed Rate (Investor, P&I)
2.84%
3.59%
$395
$0 p.a.
80%
Pay no ongoing fees on this investment loan fixed for 3 years.
ANZ Breakfree Home Loan Package  - $500,000 plus (LVR <=80% Investor, IO)
4.84%
4.99%
$0
$395 p.a.
80%
Pay no application fee with 100% offset account with redraw facility and borrow up to 95% LVR.

Compare up to 4 providers

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Applications are subject to approval. Conditions, fees and charges apply. Please note that you need to be an Australian citizen or permanent resident to apply.

Credit services for Aussie Select, Aussie Activate and Aussie Elevate products are provided by AHL Investments Pty Ltd ACN 105 265 861 (“Aussie”) and its appointed credit representatives, Australian Credit Licence 246786. 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 Activate products is provided by Pepper Finance Corporation Limited ACN 094 317 647 (“Pepper”). Pepper Group Limited ACN 094 317 665, Australian Credit Licence 286655 acts on behalf of Pepper. Credit services for Aussie Elevate products are provided by AHL Investments Pty Ltd ACN 105 265 861 Australian Credit Licence 246786 (“Aussie”) and its appointed credit representatives. Aussie is a trade mark of AHL Investments Pty Ltd ABN 27 105 265 861. Credit and any applicable offset accounts for Aussie Elevate are issued by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL / Australian Credit Licence 237879.

Aussie is a trade mark of AHL Investments Pty Ltd. Aussie is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. ©2019 AHL Investments Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786.

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An Aussie mortgage broker can find the right home loan for you.

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  • Get expert help with your loan application, including paperwork and eligibility.

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The calculator above uses the interest rate as one of the major factors of your calculation. You can compare home loans on to get an idea of what your loan repayments would be for real world interest rates. Note too that there's an inbuilt loan repayment calculator in all home loan comparison tables, and in every home loan table on finder.com.au. Simply type in your loan amount in the 'borrowing amount' box, and the loan term, and then click "calculate". An estimate of your loan repayments for different loans will be displayed in the table. Home-loan-repayment-calculator2

How do I calculate my home loan repayments?

Banks calculate your home loan repayment using a formula that takes into account the principal, or original amount you borrowed, your monthly interest rate and the number of payments over the life of the loan. The formula looks a bit complicated:

M = P [i(1+i)^n/ 1-(1+i)^n]

If that makes your head hurt, we’ll break it down further for you.

  • M = Your monthly repayment, the figure you’re trying to solve for.
  • P =The principal on the loan, or original amount you borrowed.
  • i = Your effective monthly interest rate. Remember, the rate you see advertised by the bank is an annual interest rate, so you’ll need to divide by 12 to get your monthly interest rate.
  • n = The total number of repayments on the loan.

Confused? It’s nothing a good scientific calculator can’t sort out. Or, you can simply use our home loan repayment calculator above to save yourself a lot of guesswork and head-scratching.

Why should you use a loan repayment calculator?

A home loan calculator is the perfect tool to help you manage your mortgage repayments and pay off your loan in time.

If you are in the market for a new home, finding the mortgage that will best suit your finances is crucial. A home loan repayment calculator can help you easily calculate the required repayments for different home loan amounts, ensuring you take up the right home loan for you in terms of affordability and suitable minimum monthly repayments.

If you currently have a mortgage, you could use the home loan repayment calculator to figure out what your new monthly repayments would be if you refinanced to a longer or shorter loan term. You would also be able to keep track of the required mortgage repayments should interest rates fluctuate during the term of your mortgage.

How to use the home loan repayment calculator

If you currently have a mortgage, a home loan repayment calculator can help you figure out how to pay off your loan sooner. New home buyers can also calculate how much they would have to pay on their mortgage and what repayment frequency they would be comfortable with depending on their current financial situation.

Using our home loan repayment calculator is simple. All you have to do is enter the following variables to calculate your monthly repayments, total interest on the loan and the total amount you would be required to pay over the term of the loan:

  • Loan amount. This is the amount you intend to borrow on your mortgage.
  • Interest rate. This rate will be determined by your mortgage provider while you are taking out the loan. If you are taking a fixed rate home loan, the rate will remain unchanged for the term of the loan, while a variable rate home loan will have fluctuating interest rates.
  • Loan term. This is the period within which you intend to repay your mortgage. Lenders let you choose a loan term that will suit you, which can be anywhere between 10 and 30 years.
  • Loan type. There are two types of home loans: ones where you make monthly interest and principal repayments, or ones where you make interest-only repayments for a given period and then start paying the principal amount. The loan type you choose will determine what your monthly repayments will be.
  • Repayment frequency. Your mortgage provider will inform you whether you are allowed to make monthly, fortnightly or weekly repayments.

How you can use the home loan repayment calculator

Home loan Repayment Calculator Finding out the minimum monthly repayments you would have to make on a certain mortgage can help you determine whether it is suited for you.

Our home loan repayment calculator lets you alter a range of variables to determine if a certain loan amount would be affordable to you and how long you would need to finish off your mortgage with comfortable repayments.

To help you understand how a home loan repayment calculator can help you in your home loan journey, let’s use a case study If you were to take out a mortgage of $500,000 at a rate of 5.50% p.a. for a loan term of 25 years, your minimum monthly repayments would be $3,070.44 and the mortgage would cost you $921,131 over the course of the loan term. If you paid off that same mortgage weekly, your weekly repayments would be $707.98, with your total loan repayment coming down to $920,377 (close to $800 less).

If you needed to reduce your minimum repayments due to financial difficulties, the key would be to refinance to a longer term. Let’s take the above example but alter the loan term to 30 years. Monthly repayments would then go down to $2,838.90, though the total payments on that same $500,000 mortgage would rise to $1,022,020.

With our home loan repayment calculator, you can quickly adjust your repayment frequencies, interest rate, loan term and amount to strike the perfect balance between affordable minimum repayments and a cost-effective home loan.

Common questions about loan repayments

Comparing different home loans from different mortgage brokers in Australia is the best way to ensure you get a mortgage that you can pay without too much financial strain. Use the finder.com.au home loan calculator to compare home loans from different lenders and get closer to owning a new home today.

Compare home loans rates right now

Rates last updated January 18th, 2020
$
Loan purpose
Offset account
Loan type
Repayment type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online only cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.

UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
2.84%
2.84%
$0
$0 p.a.
80%
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees.
Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.79%
4.04%
$0
$395 p.a.
90%
Get one of the lowest fixed mortgage rates on the market plus a 100% offset account. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
loans.com.au Smart Home Loan - (Owner Occupier, P&I)
2.88%
2.90%
$0
$0 p.a.
80%
Get one of the lowest variable interest rates on the market and pay 0 application or ongoing fees.
Bank of Melbourne Basic Home Loan - LVR above 60% up to 80% (Owner Occupiers, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
Homestar Star Essentials Home Loan - $150K to $850K LVR up to 80% (Owner Occupier, P&I)
2.74%
2.77%
$0
$0 p.a.
80%
A low rate variable mortgage with minimal fees and redraw facility. Requires a 20% deposit. For every complete application Homestar will donate $250 to select charities to help bushfire victims.
Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)
2.79%
3.30%
$0
$10 monthly ($120 p.a.)
80%
Buy your home and lock in a low rate for the first two years. Available with a 10% deposit.
Greater Bank Great Rate Home Loan - Discounted 2 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.97%
3.75%
$0
$0 p.a.
90%
A discounted 2 years fixed rate for home buyers. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
BankSA Basic Home Loan - Promotional Rate (Owner Occupier, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online only cashback offer: Refinancers borrowing $200,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.
Newcastle Permanent Building Society Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I)
3.19%
3.23%
$595
$0 p.a.
90%
$2,500 cashback for first home buyers (owner occupier loans with P&I repayments, borrowing $250K or more).
Greater Bank Great Rate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.79%
3.82%
$0
$0 p.a.
90%
Get one of the lowest rates on the market with this fixed rate mortgage. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
Pepper Money Essential Prime Full Doc Home Loan - LVR >75% up to 80%
3.59%
3.79%
$599
$10 monthly ($120 p.a.)
80%
This is a competitive, flexible variable rate suitable for borrowers with a good credit history. Borrow up to 80%.
Easy Street Standard Variable Special Home Loan
2.95%
2.99%
$500
$0 p.a.
95%
This mortgage combines a very sharp interest rate with a 100% offset account and it's available with a 5% deposit.
Greater Bank Great Rate Discount Variable with Family Pledge Home Loan - Up to 110% LVR
3.33%
3.34%
$0
$0 p.a.
110%
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.
Gateway Bank Low Rate Essentials Variable Rate Home Loan - Special offer LVR up to 80% and over $500k (Owner Occupier, P&I)
3.01%
3.04%
$0
$0 p.a.
80%
A competitive, flexible variable rate mortgage for home buyers borrowing above $500,000.
Newcastle Permanent Building Society  Premium Plus Package Fixed Rate - 2 Year Fixed (Investor, P&I)
3.17%
4.36%
$0
$395 p.a.
80%
Investors can lock in their rate for two years and pay no upfront fees.
Greater Bank Great Rate Home Loan - Discounted 3 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.97%
3.68%
$0
$0 p.a.
90%
Discounted 3 years fixed rate with no ongoing fees and a redraw facility. Guarantor option available. NSW, QLD and ACT residents only.
loans.com.au Smart Home Loan - (Investor, P&I)
3.19%
3.21%
$0
$0 p.a.
80%
A competitive variable investor rate for borrowers with 20% deposits. Low fees, redraw facilities and repayment flexibility.
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, P&I)
2.69%
3.19%
$395
$0 p.a.
80%
A competitive fixed interest rate loan with no ongoing fees. Requires a 20% deposit.
Virgin Reward Me Variable Home Loan - LVR <= 80% ($500k to $750k Owner Occupier, P&I)
3.18%
3.32%
$0
$10 monthly ($120 p.a.)
80%
This flexible, competitive variable rate mortgage comes with a 100% offset account and redraw facility.
Community First Accelerator Home Loan Package - $250k and over 2 Year Discounted Variable (Owner Occupier, P&I)
3.24%
4.14%
$600
$395 p.a.
95%
A package loan that offers discounts and a 100% offset account.
UBank UHomeLoan Variable Rate - Discount Offer for Investor Variable P&I Rate
3.24%
3.24%
$0
$0 p.a.
80%
Get a discounted, low-fee investor loan from a convenient online lender. 20% deposit required.
Virgin Reward Me Fixed Rate Home Loan - 3 Year $300k+ Special offer (Owner Occupier, P&I)
2.79%
3.26%
$0
$10 monthly ($120 p.a.)
80%
A competitive fixed rate mortgage available with a 10% deposit.
Gateway Bank Low Rate Essentials Variable Rate Home Loan - Special offer LVR up to 80% and over $500k (Investor, P&I)
3.29%
3.32%
$0
$0 p.a.
80%
Investors with 20% deposits can get this flexible variable mortgage with low fees and a reasonable rate.
Community First Fixed Rate Home Loan - 2 Year (Owner Occupier, P&I)
3.09%
3.94%
$600
$0 p.a.
95%
This fixed rate loan offers a 100% offset account and the flexibility to make extra repayments.
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, P&I)
2.74%
3.38%
$395
$0 p.a.
80%
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer Discount 1 ($150k+ Owner Occupier, P&I)
3.19%
3.59%
$0
$395 p.a.
90%
New borrowers or refinancers can get a discounted rate with this package loan. $2,500 cashback for first home buyers (owner occupier loans with P&I repayments, borrowing $250K or more).
Community First Accelerator Home Loan Package - $250k and over 2 Year Discounted Variable (Investor, P&I)
3.54%
4.44%
$600
$395 p.a.
95%
A package loan that offers discounts and a 100% offset account.
Virgin Reward Me Variable Home Loan - LVR <=80% ($500k to $750k Owner Occupier, IO)
3.74%
3.76%
$0
$10 monthly ($120 p.a.)
80%
A variable rate home loan with no application fees.
Adelaide Bank SmartFix Home Loan - 2 Year Fixed Rate (Owner Occupier, IO)
3.59%
3.37%
$375
$15 monthly ($180 p.a.)
80%
Home buyers with a 20% deposit can get this low interest-only rate. It also comes with a 100% offset account.
UBank UHomeLoan - 3 Year Fixed Rate (Investor, P&I)
2.84%
3.59%
$395
$0 p.a.
80%
Pay no ongoing fees on this investment loan fixed for 3 years.
ANZ Breakfree Home Loan Package  - $500,000 plus (LVR <=80% Investor, IO)
4.84%
4.99%
$0
$395 p.a.
80%
Pay no application fee with 100% offset account with redraw facility and borrow up to 95% LVR.

Compare up to 4 providers

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Home Loan Offers

Important Information*
Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Online only cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.

Logo for UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000

Take advantage of a low-fee mortgage with a special interest rate of just 2.84% p.a. and a 2.84% p.a. comparison rate.

Logo for loans.com.au Smart Home Loan - (Owner Occupier, P&I)
loans.com.au Smart Home Loan - (Owner Occupier, P&I)

Get one of the lowest variable interest rates on the market and pay 0 application or ongoing fees.

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16 Responses

  1. Default Gravatar
    grahamFebruary 5, 2018

    I am wanting to buy a home, the value of the home is about $330 000 and I have $310 000 cash from the sale of my current home.
    I just need to borrow about $20 000. I have about $30 000 in my bank, this is for daily expenditure etc. I have no bank card or other debt. I own my cars etc.
    My problem is I am on aged pension ( $20 000 pa) and from seasonal work I can generate about $18 000 pa.
    I need the borrowings of about $20 000 until such time as I sell a private vehicle and my truck, estimated combined value $ 50 000. I have checked my veda file and I can see no problems. Previous attempts to get funding saw a reluctance due to the nature of my work which is seasonal.
    YOur advice to me to get the short term borrowing of $20 000 then i can buy my house.
    thanks graham,.

    • Default Gravatar
      JoelFebruary 17, 2018

      Hi Graham,

      Thanks for leaving a question on finder.

      You can check out this page about loans for pensioners.Some of the banks listed on that page accepts age pension. Also, offering an asset as a security to a loan will up your chances of approval. Moreover, it’s a good idea to reach out to those lenders to check your eligibility before submitting your application as rejected application can negatively affect your credit rating.

      Cheers,
      Joel

  2. Default Gravatar
    robMay 8, 2017

    I owe 154,000 on my home loan, I am currently paying $469.30 per fortnight,plus an extra $100.00 per fortnight..There is still 15 years and 2 Months to go..How many year will it cut from my loan, with the extra $100 per fortnight?
    Rob.

    • Avatarfinder Customer Care
      DeeMay 9, 2017Staff

      Hi Rob,

      Thanks for your question.

      May I know how much your current interest rate is so I can assist you further?

      Thanks and cheers,
      Anndy

  3. Default Gravatar
    AndyApril 17, 2016

    Sheriff just took repo on our house we told we could refinance we need to refinance 210,000 what lender would be the best to go through we are with nab Homeside we have 14 days to do this. Any ideas would be great, thanks

    Andy

    • Avatarfinder Customer Care
      BelindaApril 19, 2016Staff

      Hi Andy,

      Thanks for reaching out.

      I’ve sent you an email to follow up with this enquiry.

      Thanks,
      Belinda

  4. Default Gravatar
    keithNovember 30, 2015

    could you send me the dates i made payments and payment amounts loan number X

    • Avatarfinder Customer Care
      BelindaDecember 1, 2015Staff

      Hi Keith,

      Thanks for reaching out.

      Please note that finder.com.au is an online comparison website so we are not a lender and we do not offer loans ourselves. If you’re after your home loan details, you’ll need to contact your lender directly.

      Thanks,
      Belinda

  5. Default Gravatar
    NeilMay 12, 2015

    hi,
    I have an investment property in a trust and are looking to refinance on a interest only loan.
    the property is a 3 bedroom unit in West Perth WA,
    what can you offer me?

    • Avatarfinder Customer Care
      BelindaMay 27, 2015Staff

      Hi Neil,

      Thanks for your enquiry.

      finder.com.au is an online comparison service, we are not a lender or an issuing provider.

      However, you may be interested to compare interest-only loans to find a suitable lender.

      Thanks,
      Belinda

  6. Default Gravatar
    michaelApril 23, 2015

    I have a good job around 65000 pa I want to buy a home for approx. 210000 but only have 15000 saved up Can you help me please

    • Default Gravatar
      JodieApril 28, 2015

      Hi Michael,

      Thank you for getting in touch.

      You have come through to finder.com.au, a financial comparison site, we are not able to offer personalised advice please contact a mortgage broker to discuss your needs.

      Regards
      Jodie

  7. Default Gravatar
    WendyJanuary 30, 2015

    Can I easily transfer my home loan from another lender to your Super Start Home Loan and am I eligible for a Super Start if I am already in the market?

    • Avatarfinder Customer Care
      ShirleyJanuary 30, 2015Staff

      Hi Wendy,

      Thanks for your question.

      The staff at Bankwest will be happy to assist you with the process. The Super Start home loan is available for refinancers and borrowers already in the market.

      You also have the option to get conditional approval over the phone, the process takes about 15-20 mins.

      Cheers,
      Shirley

  8. Default Gravatar
    DonnaOctober 15, 2013

    We want to borrow $105,000 and pay the loan off as quickly as possible. Is there a minimum term to have the Dream Loan Express or can it be paid off as quickly as possible. Is the rate of 4.57%p.a. still applicable for this type of loan. Thank you

    • Avatarfinder Customer Care
      ShirleyOctober 16, 2013Staff

      Hi Donna,

      Thanks for your comment.

      The minimum loan term is 10 years for the Dream Loan Express.

      Please see this page for current rates.

      Cheers,
      Shirley

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