Athena home loans

Athena has home loans for owner-occupiers and investors, with rates starting from 6.04%.

Not enough reviews Write a review
Athena is an Australian fintech lender. This means it offers home loans online. Check out the full table of Athena products below or read more about the lender and its loans.

Compare Athena home loans for December 2024

Hit the "Load more" button to compare a bigger selection of products and hit the green button to go to Athena's website to start an enquiry or learn more about the loan.

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFHL_FINDER_SCORE","nicheCode":"AUFHL","fields":[{"name":"LOAN_AMOUNT","value":"150000","options":"","label":"Borrowing amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"30","options":"","label":"Period","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Athena Home Loans logo
Principal & Interest50% min. depositOwner-occupier
Athena Home Loans logo
Principal & Interest50% min. depositOwner-occupier
Product NameAthena Straight Up Variable Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.24%
Comp. Rate p.a.6.24%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 50%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.24%
Comparison Rate
6.24%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$924
Athena Home Loans logo
Principal & Interest50% min. depositInvestment
Athena Home Loans logo
Principal & Interest50% min. depositInvestment
Product NameAthena Straight Up Variable Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.34%
Comp. Rate p.a.6.34%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 50%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.34%
Comparison Rate
6.34%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$934
Athena Home Loans logo
Principal & Interest50% min. depositInvestmentOffset account
Athena Home Loans logo
Principal & Interest50% min. depositInvestmentOffset account
Product NameAthena Power Up Variable Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.49%
Comp. Rate p.a.6.49%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 50%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.49%
Comparison Rate
6.49%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$948
Athena Home Loans logo
Interest only50% min. depositInvestmentOffset account
Athena Home Loans logo
Interest only50% min. depositInvestmentOffset account
Product NameAthena Power Up Variable Home Loan
Interest Rate Typevariable rate
Repayment Type Interest Only
Interest Rate p.a.6.69%
Comp. Rate p.a.6.58%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 50%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.69%
Comparison Rate
6.58%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$968
Athena Home Loans logo
Interest only 2Y Fixed40% min. depositInvestment
Athena Home Loans logo
Interest only 2Y Fixed40% min. depositInvestment
Product NameAthena Fixed Rate Home Loan
Interest Rate Typefixed rate
Repayment Type Interest Only
Interest Rate p.a.6.29%
Comp. Rate p.a.6.35%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 60%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.29%
Comparison Rate
6.35%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$929
loading
Showing 5 of 15 results

Athena key facts

  • Athena's home loan rates get lower as you repay the loan.
  • Athena is an online lender. The company says it can process applications online in a shorter timeframe than the big banks.
  • You need at least a 20% deposit to get an Athena home loan.
  • Athena's automatic rate match means existing borrowers get the same rate as new borrowers. This is a feature that rewards loyalty and is not something other lenders offer.

Review by our senior home loans writer Richard Whitten

Athena home loan features

Here are the key features and details you need to know about Athena's mortgage products.

FeatureDetails
Minimum depositAthena loans have 80% maximum LVRs. This means you can borrow up to 80% with an Athena mortgage. There are no loans for borrowers with low deposits (that is, deposits below 20%).
Offset accountAthena loans allow you up to 10 offset accounts on eligible loans to save on the interest you're paying.
Repayment optionsAthena's home loans allow you to make interest-only repayments or principal-and-interest repayments.
Rate matchAthena promises that its existing customers will always get its best deal on their loan. In other words, if the lender cuts rates to entice new borrowers, it puts existing customers on that rate too. Most lenders keep their existing customers on a higher rate.
FlexibilityBorrowers can change their loan type, repayment frequency or top up their loan whenever they need, without paying a fee.
Drop your own rateAthena automatically lowers your interest rate the more you pay down the loan with its AcceleRATES feature.

How do I apply for an Athena mortgage?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

Each Athena product has specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Athena you are required to provide certain information, so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

Lenders like Athena

If you want to compare loans from similar lenders to Athena then you can start with these online lenders. They all have competitive rates and may be a better match for your needs:

  • 86 400. This online bank offers low-rate mortgages and an entirely online, convenient service.
  • Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Homestar. A 100% online lender, Homestar has been providing mortgages to Australian borrowers since 2004.
  • Loans.com.au. A Brisbane-based online lender, Loans.com.au is backed by Firstmac, Australia's largest non-bank lender.
  • ME Bank. Member's Equity was established back in 1994 and went fully digital in 2012.
  • ING. This online bank is part of the global, Dutch-based financial group of the same name.
  • UBank. This online bank is actually owned by NAB.

More home loan questions

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

Richard Whitten's headshot
Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 558 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
  • Money-saving tips
More resources on Finder

More guides on Finder

Go to site