|
|
|
|
2.59%
|
2.59%
|
$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.
|
|
|
|
|
|
|
|
2.65%
|
2.66%
|
$0
|
$0 p.a.
|
80%
|
|
Get a low interest rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online.
|
|
|
|
|
|
|
|
2.63%
|
2.65%
|
$0
|
$0 p.a.
|
80%
|
|
Get one of the lowest variable interest rates on the market and pay 0 application or ongoing fees.
|
|
|
|
|
|
|
|
2.58%
|
2.60%
|
$0
|
$0 p.a.
|
70%
|
|
A competitive rate with no application or ongoing fee. This loan is not available for construction.
|
|
|
|
|
|
|
|
|
|
2.88%
|
2.94%
|
$449
|
$0 p.a.
|
90%
|
|
NSW and ACT customers only. You can get an interest rate discount for a limited time with this competitive variable mortgage.
|
|
|
|
|
|
|
|
2.80%
|
3.25%
|
$0
|
$395 p.a.
|
80%
|
|
A low variable rate loan with a 100% offset account and package discounts.
|
|
|
|
|
|
|
|
2.78%
|
2.79%
|
$0
|
$0 p.a.
|
90%
|
|
Get one free online redraw per month and pay no ongoing fees. Application fees are waived for loans above $150,000.
|
|
|
|
|
|
|
|
2.29%
|
2.96%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
Buy your home and lock in a low rate for the first two years.
|
|
|
|
|
|
|
|
2.78%
|
2.81%
|
$0
|
$0 p.a.
|
80%
|
|
This low, variable rate loan has no ongoing fees and a redraw facility. Requires a 20% deposit.
|
|
|
|
|
|
|
|
2.39%
|
4.12%
|
$595
|
$0 p.a.
|
90%
|
|
Investors can take advantage of a short term fixed rate with no ongoing fees.
|
|
|
|
|
|
|
|
2.65%
|
2.67%
|
$0
|
$0 p.a.
|
80%
|
|
This loan offers a competitive variable rate and a 100% offset account to help save you on interest repayments. This loan is not available for construction.
|
|
|
|
|
|
|
|
2.29%
|
3.12%
|
$449
|
$6 monthly ($72 p.a.)
|
95%
|
|
NSW and ACT customers only. 2 years fixed interest terms and free access to redraw facility online. Available with a 5% deposit.
|
|
|
|
|
|
|
|
2.76%
|
2.79%
|
$0
|
$0 p.a.
|
80%
|
|
A competitive, flexible variable rate mortgage for home buyers borrowing above $500,000. Eligible new home buyers with low deposits can apply for the First Home Loan Deposit Scheme with this lender and avoid LMI costs.
|
|
|
|
|
|
|
|
2.69%
|
3.00%
|
$395
|
$0 p.a.
|
80%
|
|
A competitive fixed interest rate loan with no ongoing fees. Requires a 20% deposit.
|
|
|
|
|
|
|
|
2.87%
|
2.89%
|
$600
|
$0 p.a.
|
80%
|
|
Family guarantee option available. Enjoy flexible repayments and a low minimum loan amount. $0 application fee for eligible borrowers (limited time only, terms and conditions apply).
|
|
|
|
|
|
|
|
2.44%
|
3.96%
|
$595
|
$0 p.a.
|
95%
|
|
Borrow up to 95% LVR of the value of the property you're buying and pay no ongoing fees.
|
|
|
|
|
|
|
|
2.29%
|
3.94%
|
$600
|
$0 p.a.
|
95%
|
|
Pay no ongoing fees and lock in your rate for 3 years to organise your budget. Eligible new home buyers with low deposits can apply for the First Home Loan Deposit Scheme with this lender and avoid LMI costs.
|
|
|
|
|
|
|
|
2.74%
|
3.16%
|
$395
|
$0 p.a.
|
80%
|
|
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
|
|
|
|
|
|
|
|
2.94%
|
2.94%
|
$0
|
$0 p.a.
|
80%
|
|
Pay no application and ongoing fees and take advantage of split and redraw options.
|
|
|
|
|
|
|
|
2.87%
|
3.04%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
This flexible, competitive variable rate mortgage comes with a 100% offset account and redraw facility.
|
|
|
|
|
|
|
|
2.29%
|
3.84%
|
$0
|
$395 p.a.
|
90%
|
|
Enjoy a competitive rate with no application fee for this package loan.
|
|
|
|
|
|
|
|
2.35%
|
2.93%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
A competitive fixed rate mortgage available with a 10% deposit.
|
|
|
|
|
|
|
|
3.04%
|
3.07%
|
$0
|
$0 p.a.
|
80%
|
|
Investors with 20% deposits can get this flexible variable mortgage with low fees and a reasonable rate.
|
|
|
|
|
|
|
|
2.94%
|
2.98%
|
$595
|
$0 p.a.
|
90%
|
|
A discounted variable rate with low ongoing fees and redraw facility. Low deposit option available.
|
|
|
|
|
|
|
|
3.24%
|
3.40%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
A flexible variable loan for investors. No application fee.
|
|
|
|
|
|
|
|
2.94%
|
3.34%
|
$0
|
$395 p.a.
|
90%
|
|
New borrowers or refinancers can get a discounted rate with this package loan.
|
|
|
|
|
|
|
|
2.89%
|
3.61%
|
$395
|
$0 p.a.
|
80%
|
|
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
|
|
|
|
|
|
|
|
3.57%
|
3.61%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
A variable rate home loan with no application fees.
|
|
|
|
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.
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 
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.
I have a home loan for my current property around 300k. If i rent out that home rental income enough for pay capital& interest. If i want to buy another property, is it for borrowing power calculation is it total income alone
Used or bank use only % of my current income?
Hi Sue,
Thanks for your comment and I hope you are doing well. To answer your question about rental income being considered for borrowing power, if the property has tenants and regular income the lender will probably take it into consideration when looking at borrowing power, but it’s worth checking with a lender before applying with them. Some lenders may only take 80% of your rental income as part of your borrowing power.
As a friendly reminder carefully review the terms and conditions and the product disclosure statement of the lender before applying. You may also contact your lender of choice should you have any questions about their loan requirements.
Hope this helps and feel free to reach out to us again for further assistance.
Best,
Nikki
hi,im looking for a low deposit home loan asap
Hi Angeles,
Thank you for reaching out to Finder.
If you are looking for low deposit home loan providers, look at the “Max LVR” portion of the comparison table we are on. The higher the Max LVR, the lower your deposit would be. An example is: For a Max LVR of 80%, you provide 20% deposit on it. Hope this helps! If you wish to ask assistance real time, you could chat with us via the chat button on the page.
Cheers,
Reggie
I am 20 yrs old trying to go for my first house I work full time and I don’t have too much saved up yet in my opinion so where do I get started?
Hi Mark,
Thanks for getting in touch with finder. I hope all is well with you. :)
It’s nice to know that you’re planning to buy your first house at a very young age. As a general rule, you need to save at least 10% of the property value. This can give a 5% buffer (for a maximum 95% LVR loan) to pay costs such as stamp duty and LMI onto the principal of the loan.
Ensure that there is a high likelihood that you’ll qualify for a home loan before you apply. The way the credit system works, each application for credit is recorded against your name. Multiple entries in a short space will more than likely lead to rejection. Other factors that lenders may consider to assess your eligibility are your income, assets, liabilities, employment and credit history.
Moreover, you mentioned that you are a first-time home buyer. In this case, you may want to read this guide: “The state-by-state guide to the First Home Owners Grant.”
Finally, if you want to know more about the things you need in a loan when buying your first home, please click this link.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
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 ?
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
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
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
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
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
If I am eligible to borrow 450k home loan for 30 years, what would be minimum repayment per week?
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.
What is the “advertised rate”? And “comparison rate”? And what is the difference?
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.
Will I be able to borrow with my Income being from Income protection payments
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
What is the difference beteen the interest rate and the comparison rate?
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