Whether you're refinancing or investing, or buying your first home, we can help you find the right choice.
Already know what you looking for?
Use the home loan comparison tool in the table below.
Aussie Home Loans is both a lender and a mortgage broker, and offers a range of services.
- FREE Suburb and Property Report with every appointment.
- Access 3,000+ loans from over 20 lenders.
- Get expert help with your loan application, including paperwork and eligibility.
- Over 1000 brokers who are able to help you in your local area.
The Adviser’s number 1 placed mortgage broker 5 years running (2013-2017)
Compare the home loan rates below
Compare the comparison rates for the loans below
- HSBC Home Value Loan - Resident Owner Occupier only, P&I - 3.6% p.a. comparison rate. A loan for owner occupiers only.
- loans.com.au Essentials - Variable (Owner Occupier, P&I) - 3.54% p.a. comparison rate. This owner occupier loans features principal and interest repayments
- Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier) - 3.6% p.a. comparison rate. NSW, QLD and ACT residents only.
HSBC Home Loan Offer
The HSBC Home Value Loan is a low rate with no monthly fees. Enjoy premium service with 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
Welcome to the home loans guide
Seven steps to getting started
- Save a deposit and research properties
- Determine your borrowing power and eligibility
- Compare your options for finance
- Decide on a lender and seek pre-approval
- Find your dream home and make an offer
- Once accepted, get a conveyancer
- Complete home loan settlement and move in
Variable rate loans
Enjoy flexibility and more features, but more uncertainty with a variable mortgage.
When comparing mortgages you need to consider the interest rate, the fees and the features of the loan. A lower rate means smaller repayments, while fewer fees saves you money and gives you greater flexibility. A home loan's features give you more control over how you use your loan.
Learn more about how to compare various home loan types in the guides below:
The total cost of a loan depends on how much you borrow, as well as the interest rate and any fees you need to pay. You can compare home loan fees in three different categories:
What's a comparison rate?
A comparison rate is an interest rate which includes many of the fees and charges you'll pay on your loan. Comparison rates are calculated using the same example, regardless of how much you're borrowing. This example is a $150,000 loan taken out over 25 years. If your loan size or length is different to this, the comparison rate could be less accurate.
In most cases, it's a good idea to chat with a mortgage broker. They can save you the hassle of getting your application rejected. They're usually free to you, as they earn a commission from the lender when you take out the loan.
When comparing home loans it's also important to look at the features that come with many loans. Some features give you greater flexibility and control over your loan. An offset account can help you cut down your interest repayments, while redraw facilities let you access money you've already paid into your loan.
Pre-approval means your lender will "conditionally" approve you for a specific loan amount. It'll take into account your income, debts and liabilities when deciding this. It's usually extended for a few months, allowing you to look for a property with a bit more confidence. It's important to note that pre-approval conditions can differ depending on the lender. Read our expert explanation of pre-approval to find out what to look for.
- Is your credit file in order? Find out how to get a copy of your credit file and make sure there are no errors on it. If you have defaults or late repayments on your file, be able to explain them. Close any credit cards you're no longer using.
- Are you getting a joint loan? Think about how strong your relationship is with the other party. Changes to your relationship could make it hard if one party wishes to sell their part of the property.
- What are your plans for the property over the next few years? Match your loan to your future plans. For example, avoid taking out a fixed rate loan if you plan to sell the property shortly after buying it. Fixed rate loans have break costs which can be expensive.
- Are you eligible for the loan? Borrowers generally need to be over 18 years of age. There are other requirements too, but these depend on the lender. Some will want you to have a good credit rating. Others might not allow you to buy inner city apartments. Always read these before applying.
Your lender will want to work out whether or not you can afford a loan, so will want to see a bit of information from you. This includes:
- Personal details. Including your full name, tax file number, driver's licence number or some other form of photo ID, phone number and address.
- Employment details. Your lender wants to know about your job and how long you've been in your position and industry and may ask for the contact details of your HR department to confirm these details.
- Financial details. Your lender will want to know how much you earn and spend. They'll want to see recent payslips, as well as details of your expenses and debts including other personal loans or credit cards.
- Information about your property. The exact paperwork required will depend on the type of property you're buying. You'll need to tell your lender the property address, the type of property it is, the number of rooms it has and more.
The latest home loan and property market news for today