Best home loans April 2018

From razor-sharp interest rates to $0 application fees and flexible mortgage features, learn how to find the best home loan for you.

Finding the perfect mortgage for your situation can help you save money and pay off your mortgage faster. This guide will tell you what features to look for in the best home loans and teach you how to determine your home loan needs. Or you can start comparing loans in the table below.

Home Loan Offer

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

3.64 % p.a.

variable rate

3.66 % p.a.

comparison rate

Home Loan Offer

With the loans.com.au Essentials Variable Home Loan enjoy a home loan with no application or ongoing fees as well as a competitive interest rate. Borrow up to 80% of the property's value. For owner occupiers and principal and interest repayments only.

  • Interest rate of 3.64% p.a.
  • Comparison rate of 3.66% p.a.
  • Application fee of $0
  • Maximum LVR: 80%
  • Minimum borrowing: $50,000
  • Max borrowing: $2,000,000
Go to site
Promoted

Compare Best Home Loan Rates*

Rates last updated April 20th, 2018.

Bank Australia Basic Home Loan - Special LVR <80% (Owner Occupier)

Interest rate decreased by 0.09%

March 13th, 2018

Bankwest Complete Home Loan Package Variable - LVR <=90% (Owner Occupier, P&I)

Interest rate decreased by 0.29%

March 22nd, 2018

RACQ Mortgage Saver Special Home Loan

Interest rate is now 3.62%

April 5th, 2018

View latest updates

Richard Whitten Richard
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
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
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
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
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
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
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
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
Tic:Toc Live in Loan Variable Rate - Principal & Interest
Go from application to approval in as little as 20 minutes with a variable rate loan from this innovative online lender. Add a 100% offset account for $10 a month.
3.52% 3.53% $0 $0 p.a. 80% Go to site 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
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
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
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
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
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
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
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
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.
3.69% 4.86% $0 $395 p.a. 90% Go to site 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
Tic:Toc Invest Loan Variable Rate Home Loan - Principal & Interest
Investors can go from application to approval in as little as 20 minutes with this innovative online lender.
3.79% 3.80% $0 $0 p.a. 80% 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 - 2 Year Fixed (Owner Occupier, P&I)
2 years fixed interest terms with no application fee or ongoing fees, loans.com.au has won a range of awards for their home loans.
3.99% 3.74% $0 $0 p.a. 90% Go to site More info
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).
3.62% 3.62% $0 $0 p.a. 80% 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
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
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
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
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 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
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 - 2 Year (Owner Occupier, P&I)
This fixed rate loan offers a 100% offset account and the flexibility to make extra repayments.
3.85% 5.05% $600 $0 p.a. 95% Go to site More info
CUA Fixed Rate Home Loan - 3 Year Fixed (Investor, P&I)
Competitive rates for fixed for 3 years with redraw facility.
3.99% 5.17% $600 $0 p.a. 90% Go to site More info
Tic:Toc Invest Fixed Rate Loan - 1 Year Fixed (Principal & Interest)
Enjoy a fast application process and flexible repayment options with this fixed rate investment loan.
4.11% 3.83% $0 $0 p.a. 80% Go to site 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
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
ClickLoans The Online Investor Home Loan - LVR <80%
Investors pay no application or ongoing fees on this loan from an innovative online lender.
4.14% 4.14% $0 $0 p.a. 80% Go to site More info
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, P&I)
A competitive 3 year fixed rate with no ongoing bank fees.
3.74% 4.01% $395 $0 p.a. 80% 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
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
UBank UHomeLoan - 1 Year Fixed Rate (Investor, P&I)
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
3.99% 4.62% $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
State Custodians Low Rate Home Loan with Offset - LVR 80% to 90% (Investor, P&I)
Access a fee-free offset account and a special interest rate for investors.
4.09% 4.12% $0 $0 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
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
IMB Budget Home Loan - LVR <=90% (Owner Occupier, P&I)
Buy a home with just a 10% deposit with this variable rate loan. Face-to-face consultations available for NSW and ACT customers.
3.97% 4.02% $445 $0 p.a. 90% 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
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
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
SCU My Life Fixed Rate Home Loan Package - 3 Years Fixed Rate
This high LVR fixed rate loan allows you to borrow up to 95% of the value of the property you're buying.
3.85% 4.05% $0 $350 p.a. 95% 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 Essential Home Loan - LVR <=90% (Owner Occupier, P&I)
Access to redraw facility and offset account without the annual fee.
4.19% 4.19% $0 $0 p.a. 90% Go to site 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
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
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
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
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
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
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
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
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
Aussie Home Loans Logo

Enter your details below to receive an obligation-free quote from an Aussie home loans expert today

finder.com.au guarantees the privacy and security of your details

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 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).

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. ©2018 AHL Investments Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786.

By submitting this form, you agree to the finder.com.au privacy policy and the Aussie privacy policy.

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.

Aussie Home Loans Lender Logos

The Adviser’s number 1 placed mortgage broker 5 years running (2013-2017)

Compare home loan rates

How do I compare mortgages to get the best deal?

Couple with the keys to their new home.There are three things every borrower needs to look at when hunting for the perfect home loan: rates, fees and features. The best home loans usually have:

  • The lowest interest rates. A lower interest rate means lower repayments. Shaving just a few points off your interest rate can unlock enormous savings over the life of a 30-year mortgage. You can easily sort loans by lowest rate in the table above.
  • Limited fees. Fees are also something you need to check when comparing. A home loan that hits you with multiple fees is probably going to cost you more than you realise over time. Check a loan's comparison rate to get a better idea of the added cost of fees.
  • Features you need. Home loans with added features can offer you more flexibility in how you manage your loan and make repayments. Offset accounts can help you cut down your interest repayments. Package loans let you bundle your mortgage with other financial products (like transaction accounts and credit cards) for convenience and discounts. Redraw facilities let you take out extra money you've paid into your mortgage to use in emergencies.

What's the best home loan for me?

Once you've understood the basics you need to look more closely at your own specific needs. To find the best home loan for you, consider these questions:

  • What is your current financial situation? Take a hard look at your savings, income and expenses to work out how much you can afford to borrow. Be realistic, calculate your monthly repayments and factor in future rate rises to make sure you don't get stuck with repayments you can't afford.
  • What is your property strategy? The best mortgage is one that matches your buying intentions. If you're a young first home buyer with limited funds you're looking at a very different mortgage product compared to a middle-aged investor buying their second or third property.
  • What are your future financial needs? Your needs change over time. You might want a basic, no-frills loan now and one with more features later on as your income increases. A flexible home loan might serve you well for years into the future, provided the interest rate remains low. But you can always refinance to a better loan later. With this in mind, a loan that has high discharge or switching fees will penalise you for refinancing.

Finding the best mortgages for different borrowers

Here are several scenarios featuring different borrowers. They're all looking for the best loan, but they all need something a little different.

The cash-strapped first home buyers

A couple has purchased their first home.Sarah and Ted are in their late 20s and currently renting. They've saved up $100,000 but because they live in Sydney this isn't a very big deposit.

The best home loan for this young couple:

  • Has a low interest rate. They cannot afford massive repayments.
  • Is a low deposit loan. They probably haven't saved a 20% deposit so they'll need a loan with a maximum insured LVR of 90 or 95%.
  • Has a guarantor option. Alternatively, Sarah's parents may be willing to guarantee a portion of their deposit. So a loan that allows for guarantors is a great option.

The cautious investor

This property investor needs the right mortgage.Margaret is currently paying off her home. She wants to buy a unit as an investment. She has $200,000 in equity and will use a line of credit loan to cover her deposit. But she'll need a loan to buy the unit. She is less concerned with fast capital growth and more concerned with long-term income from rent.

The best loan for Margaret:

  • Is an investment loan. She cannot purchase an investment property with an owner-occupier loan.
  • Has a competitive interest rate. Investment loans have higher interest rates, so she needs to shop around for the best deal.
  • Has limited features. As her current loan has an offset account, and paying off this debt is her priority, Margaret doesn't need a full-featured loan.

The ripped-off refinancer

This man needs a cheaper home loan.David is paying off a $1 million mortgage. He hadn't looked at his interest rate in a while and was shocked to learn that the rate has jumped well above 4%. His current loan is a basic, no-frills variable loan without many extra features.

David wants to refinance to a loan that:

  • Has a much lower interest rate. This could save David thousands of dollars a year.
  • Has low fees. David's current mortgage has a hefty discharge fee. He wants to switch to a mortgage that doesn't slug him with more costs.
  • Has an offset account. David has managed to put away a bit of extra money while making repayments. He wants to put this cash into an offset to lower his interest repayments.

The above scenarios are generalised examples only.

Can a mortgage broker help me find the right mortgage product for me?

Yes, they can. While comparing for yourself is easy, finding the right home loan can take a lot of time and energy. Mortgage brokers are home loan professionals who compare loans from a wide panel of lenders. They can find you a product that matches your financial needs and property strategy and also help you with your application. A broker's services are free because they receive a commission from the lender.

Find a mortgage broker and get your home loan journey started

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

Compare more home loan options here

Image: Shutterstock

Was this content helpful to you? No  Yes

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.

Tic:Toc Live in Loan Variable Rate - Principal & Interest

Go from application to approval in as little as 20 minutes with a variable rate loan from this innovative online lender. Add a 100% offset account for $10 a month.

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).

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.

108 Responses

  1. Default Gravatar
    HelenNovember 23, 2017

    I am 48. Never had a loan for anything as I believe you don’t get unless you have. I am entitled to the first home owners grant. Currently I’m on a sickness benefit but looking for work down the track. I’ve been looking at rentals but if I can buy my own home rather than pay someone elses off I don’t see why not to go for it. Where do I stand ?

    • Staff
      JudithNovember 24, 2017Staff

      Hi Helen,

      Thanks for reaching out to us. I hope all is well with you today.

      As we are a comparison website and general information service, I am unable to recommend or suggest a specific option for you, as it would entirely depend on your needs.

      You may check a list of home loan options on this page.

      To improve your chances of getting approved for a loan, please ensure that you meet the eligibility criteria and requirements of the loan option or lender and make sure to read the details, as well as the relevant Product Disclosure Statements / Terms & Conditions of the loan option before making a decision and consider whether the product or option is right for you.

      I hope this helps.

      Cheers,
      Judith

  2. Default Gravatar
    trentAugust 27, 2017

    can I obtain a home loan for a farm which is 42 ha which I intend to develop it has a home on it I am looking for 400;000 and I have 170,000

    • Staff
      DanielleAugust 28, 2017Staff

      Hi Trent,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You are on the right page. You may customize, review, and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Enquire Now” button.

      I hope this helps.

      Cheers,
      Danielle

  3. Default Gravatar
    patApril 17, 2017

    Looking at Low Doc Loan max borrowing on my property current value around 1.1 million I am self employed what can you offer Pat

    • Staff
      LouApril 18, 2017Staff

      Hi Pat,

      Thanks for your question.

      You may compare low doc home loans on this page. The maximum amount that you can borrow depends on the LVR of the home loan product you are getting.

      Cheers,
      Anndy

  4. Default Gravatar
    JamilJune 26, 2016

    If I am eligible to borrow 450k home loan for 30 years, what would be minimum repayment per week?

    • Staff
      MarcJune 27, 2016Staff

      Hi Jamil,
      thanks for the question.

      You can find out what your loan repayments would be for different loan rates using our loan repayment calculator.

      I hope this helps,
      Marc.

  5. Default Gravatar
    DegsyJanuary 22, 2016

    What is the “advertised rate”? And “comparison rate”? And what is the difference?

    • Staff
      MarcJanuary 22, 2016Staff

      Hi Degsy, the advertised rate is a interest rate charged for a home loan, and it’s decided by your lender. It’s used to work out what your loan repayments will be.

      The comparison rate is the advertised rate including some of the fees of the home loan (The application fee and any ongoing monthly fees for example), and is accurate for the example of a $150,000 loan over 25 years. By law, comparison rates must be included on all home loan advertisements, as it gives you a way to see what the actual cost of a home loan is because of the inclusion of these fees.

      You can find out more about it in our comparison rate guide.

      I hope this helps,
      Marc.

  6. Default Gravatar
    TonyAugust 20, 2015

    Will I be able to borrow with my Income being from Income protection payments

    • Staff
      BelindaAugust 21, 2015Staff

      Hi Tony,

      Thanks for your enquiry.

      Generally, income protection insurance is designed to help you cover expenses, such as mortgage repayments, in the event that you are unable to work due to injury or illness. Please note that your ability to service a mortgage using this benefit will depend on the type of cover that you have, but most policies provide up to 75% of your monthly income.

      As lenders have different eligibility criteria to qualify for home loans, it would be best to contact the lender directly to see whether you can borrow using the benefit from your income payments.

      Thanks,
      Belinda

  7. Default Gravatar
    steveMay 31, 2015

    What is the difference beteen the interest rate and the comparison rate?

    • Staff
      BelindaJune 1, 2015Staff

      Hi Steve,

      Thanks for your enquiry.

      The interest rate is the percentage of your home loan that you’ll end up paying in addition to the original loan amount.

      Whereas the comparison rate is a percentage amount calculated by adding together the interest rate plus any additional fees or charges associated with the loan. The figure is then converted into a percentage to reflect the true cost of the home loan.

      If you compare home loans based on the comparison rate, you’ll get a more accurate idea of the true cost of the loan.

      I hope this clarifies things for you.

      Thanks,
      Belinda

  8. Default Gravatar
    KMay 11, 2015

    Are there any fees if you choose to pay out the Essentials home loan (on Interest only terms) earlier? If so, what are they? Thank you

    • Staff
      JodieMay 12, 2015Staff

      Hi,

      Thank you for contacting finder.com.au, we have followed up directly via email.

      Regards
      Jodie

  9. Default Gravatar
    raeleneMay 7, 2015

    what is interest rate for fixed an varible.. and what charges are there?

    • Staff
      MarcMay 7, 2015Staff

      Hi Raelene,
      thanks for the question.

      The interest rates for fixed and variable rate home loans is different depending on the product. The table on this shows some of the different rates and fees for some home loans.

      I hope this helps,
      Marc.

  10. Default Gravatar
    JeffMay 1, 2015

    Does it cost $ to ask a question of a 1300Home Loan broker through this website? I already have a home loan and want to compare rates to see if I am still getting the best deal. What if the broker decides that I am and so do not ned to change, will I have to pay them?

    • Staff
      BelindaMay 5, 2015Staff

      Hi Jeff,

      Thanks for your question.

      It doesn’t cost anything to ask a question of a 1300 Home Loan broker through our website.

      Please note that 1300 Home Loan consultants provide advice free of charge for all residential mortgages.

      I hope this helps.

      Thanks,
      Belinda

Ask a question
Go to site