|
|
|
2.84%
|
2.80%
|
$0
|
$0 p.a.
|
80%
|
|
Owner occupiers can get one of the lowest rates in the market with this variable rate mortgage. $0 application fee and $0 ongoing fees.
|
|
|
|
|
|
|
2.99%
|
3.01%
|
$500 (waived for loans above $150,000)
|
$0 p.a.
|
80%
|
|
Refinancers borrowing $250,000 or more can get a $2,000 cashback (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
2.99%
|
3.01%
|
$500 (waived for loans above $150,000)
|
$0 p.a.
|
80%
|
|
Refinancers borrowing $250,000 or more can get a $4,000 cashback (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
|
|
|
|
|
|
|
2.99%
|
3.01%
|
$500 (waived for loans above $150,000)
|
$0 p.a.
|
90%
|
|
Refinancers borrowing $200,000 or more can get a $2,000 cashback (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
|
|
|
|
|
|
|
2.78%
|
2.80%
|
$0
|
$0 p.a.
|
75%
|
|
A competitive interest rate for borrowers with 25% deposits saved. Unlimited redraw and extra repayments, plus no ongoing fees.
|
|
|
|
|
|
|
3.03%
|
3.04%
|
$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.
|
|
|
|
|
|
|
3.05%
|
3.50%
|
$0
|
$395 p.a.
|
80%
|
|
A low variable rate loan with a 100% offset account and package discounts.
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
2.89%
|
3.77%
|
$0
|
$395 p.a.
|
80%
|
|
Refinancers borrowing $250,000 or more can get a $2,000 cashback (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
|
|
|
|
|
|
|
2.89%
|
3.77%
|
$0
|
$395 p.a.
|
80%
|
|
Refinancers borrowing $250,000 or more can get a $4,000 cashback (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
|
|
|
|
|
|
|
3.09%
|
3.09%
|
$0
|
$0 p.a.
|
70%
|
|
A simple mortgage with no application or ongoing fees that has extra repayments plus split and redraw options. Requires a 30% deposit.
|
|
|
|
|
|
|
2.99%
|
3.16%
|
$300
|
$10 monthly ($120 p.a.)
|
60%
|
|
A variable rate home loan with no application fees.
|
|
|
|
|
|
|
2.89%
|
3.81%
|
$0
|
$395 p.a.
|
80%
|
|
Refinancers borrowing $200,000 or more can get a $2,000 cashback (Other terms, conditions and exclusions apply). A low variable interest rate for home buyers and refinancers. Application fee waived for loans above $150,000.
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
3.13%
|
3.19%
|
$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.
|
|
|
|
|
|
|
2.79%
|
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.
|
|
|
|
|
|
|
2.83%
|
2.85%
|
$0
|
$0 p.a.
|
70%
|
|
A competitive rate with no application or ongoing fee. This loan is not available for construction.
|
|
|
|
|
|
|
3.04%
|
3.04%
|
$0
|
$0 p.a.
|
95%
|
|
This flexible, basic home loan offers a very low rate and you only need a 5% deposit.
|
|
|
|
|
|
|
2.74%
|
3.38%
|
$395
|
$0 p.a.
|
80%
|
|
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
|
|
|
|
|
|
|
2.84%
|
3.42%
|
$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.
|
|
|
|
|
|
|
3.01%
|
3.04%
|
$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.
|
|
|
|
|
|
|
2.79%
|
3.25%
|
$300
|
$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.
|
|
|
|
|
|
|
2.90%
|
2.92%
|
$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.
|
|
|
|
|
|
|
3.19%
|
3.19%
|
$0
|
$0 p.a.
|
80%
|
|
Pay no application and ongoing fees and take advantage of split and redraw options.
|
|
|
|
|
|
|
3.08%
|
3.10%
|
$0
|
$0 p.a.
|
70%
|
|
A competitive rate with no application or ongoing fee. This loan is not available for construction.
|
|
|
|
|
|
|
3.19%
|
3.45%
|
$0
|
$248 p.a.
|
80%
|
|
Has a 100% offset account which helps you save on the amount of interest you pay on your mortgage.
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
3.08%
|
3.10%
|
$0
|
$0 p.a.
|
70%
|
|
Withdraw up to 70% of your home equity with this competitive line of credit loan. This loan is not available for construction.
|
|
|
|
|
|
|
3.04%
|
3.06%
|
$0
|
$0 p.a.
|
90%
|
|
A simple mortgage with a competitive interest rate and no application or monthly fees. Borrow up to $2000000 from a convenient online lender.
|
|
|
|
|
|
|
2.84%
|
3.37%
|
$449
|
$6 monthly ($72 p.a.)
|
95%
|
|
NSW and ACT customers only. 3 years fixed interest terms and free access to redraw facility online. Available with a 5% deposit.
|
|
|
|
|
|
|
2.89%
|
3.74%
|
$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.
|
|
|
|
|
|
|
3.24%
|
3.20%
|
$0
|
$0 p.a.
|
80%
|
|
Athena offers one of the lowest rates in the market for investors. No ongoing fees and no application fee. Principal and interest repayments.
|
|
|
|
|
|
|
2.69%
|
3.19%
|
$395
|
$0 p.a.
|
80%
|
|
A competitive fixed interest rate loan with no ongoing fees. Requires a 20% deposit.
|
|
|
|
|
|
|
2.98%
|
4.45%
|
$0
|
$395 p.a.
|
90%
|
|
This 2 year fixed ANZ Breakfree Package rate comes with package discount and product bundle. Refinancers switching to this loan could get a cashback from $1,200 up to $3,500 depending on their loan amount (terms and conditions apply).
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
3.12%
|
3.28%
|
$300
|
$10 monthly ($120 p.a.)
|
80%
|
|
This flexible, competitive variable rate mortgage comes with a 100% offset account and redraw facility.
|
|
|
|
|
|
|
3.04%
|
3.86%
|
$395
|
$0 p.a.
|
80%
|
|
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
|
|
|
|
Hi,
I’m after help to get a better interest rate on my home loan my current rate is 4.03%. I’m a bit indecisive in regards to how to go about it. I’m unsure of fees cost to change loan. I’m lost I have to say.
Regards,
Tim
Hi Tim,
Thank you for getting in touch with Finder.
You may ask your lender if they can offer better deals than the one you have. Lenders will usually have a number of incentives to retain customers thinking of refinancing, including discounted interest rates and waived fees. If you’re still considering to shop around, kindly check out this page to start comparing your options. You may use the refinancing calculator on this page to calculate the expected costs. I also suggest that you seek help from a mortgage broker since you’re looking for providers that offer the cheapest rate.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
How does being over 60 years and semi -retirement impact refinancing for an investment property where the rental income covers the mortgage repayments?
Hi Mary,
Thank you for getting in touch with Finder.
As you know, there is technically no maximum age limit for when an Australian can apply for a home loan – residential or investment property. However, lenders have the responsibility to ensure that they only approve home loans to applicants who can afford the repayments without experiencing financial hardship, so older applicants will find it much more difficult to obtain home loan approval. Since you mentioned that you’re over 60 and applying for a home loan, you’ll need to provide a greater amount of information regarding your current and future financial position including the rental income. I also suggest that you seek professional help from a mortgage broker to find out which lenders offer loans suitable for your needs.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
hi I was just wondering how long is the minimum waiting time before refinancing again?
Hi Bekim,
Thanks for your inquiry
There’s really no limit, at least under the law. Legally, you could close on one mortgage today, then go right out tomorrow and refinance it. Now, how long should you wait before refinancing again? And how soon will your lender allow you to get out of your current mortgage?
This will vary extensively between lenders. As a practical matter, few lenders are likely to approve you for a new mortgage if you’ve been in your current one for less than a year. Your current lender may also have restrictions on how soon you can get out of the mortgage, usually in the form of prepayment penalties. It would be best to speak with your lender for clarification about this.
Hope this information helps
Cheers,
Arnold
Hello there!
I will be 57 years of age in May, am single, working full time, and this would be my first home. My total assets are worth around $75k. I have $25k-$30K deposit total.
If you could just advise me please of how much property price could I afford? The total apartment price that it.
Much appreciated
J
Hi Jacqui,
Thanks for your inquiry.
The amount you can borrow (relative to the price of the property) for a home loan is basically up to the lender based on their assessment of your overall financial situation. Usually, they would consider some factors like your income, employment, assets, other liabilities and even credit history. Nevertheless, if you like to calculate an estimate, you may use the calculator we have on this page. Alternatively, you can reach out to a mortgage broker who can offer a range of home loan options.
Hope this helps.
Cheers,
May
Hi just wondering what the process is for changing name on the title from sole proprietor to joint proprietors when there is a mortgage on title?
Hi Christine,
Thanks for your inquiry.
Whilst your property is on mortgage, it is still possible to change the ownership of the property. There’s a guide on this page – https://www.finder.com.au/guide-to-changing-property-ownership that outlines how you can go through the process. But first, you’d need to speak to your lender about your plan in changing the type of ownership of your property.
Hope this information helped.
Cheers,
Arnold
If I have two St George loans with a mate of mine…(both our names on both…he pays one and I pay the other) what is the best way of getting out of having two loans and having only one with my name and one with his name on it?
Phil.
Hi Phil,
Thanks for your question.
It is possible to refinance a joint home loan to an individual loan and get a better rate through any of the options above. Please note that you should meet certain eligibility criteria to get approved. Please click the name of the loan product on our page so you’ll see the details how to qualify. The ‘go to site’ button is for submitting your application.
You may want to consider getting in touch with a mortgage broker if you need assistance in finding a suitable home refinancing loan.
Cheers,
Anndy
How to refinance the exsiting mortgage for low interesr rate
Hi Senita,
Thanks for your question.
If you are looking to refinance your existing mortgage, the step-by-step refinancing process is explained in the above infographic.
Should you need assistance in finding a suitable home loan, a mortgage broker can help.
Cheers,
Anndy
I have a rented unit in Sydney that I would like to refinance to buy land in NZ where I now live. I have contacted a broker who came back with 75% LVR (thats OK), but with a whopping 7.35% interest.
What other options are open to me?
Hi Richard,
thanks for the question.
You’ve come through to finder.com.au, a comparison service. Unfortunately by law we’re unable to suggest specific home loan rates and fees which you could apply for. It might be a good idea to contact a number of lenders that you’re interested in or alternatively speak to another broker to get another recommendation.
Cheers,
Marc.
Do you know if any of the lenders will re-finance pensioners? Both aged 60, and still have 15 years left on current mortgage
Hi Ros,
thanks for the question.
While I can’t by law suggest specific lenders to try to refinance to, a good mortgage broker will be able to give you a personalised suggestion of which lenders to speak to.
I hope this helps,
Marc.
Hi Ros,
Thanks for reaching out.
It may be difficult to qualify for a refinance if you are pensioners as most lenders will review you as high-risk borrowers. However, your best course of action would be to speak to a licensed mortgage broker to discuss your refinance options. A broker can help you understand your borrowing capacity and they can draw upon a panel of lenders, including specialist or non-bank lenders, that may have more lenient eligibility criteria.
Ultimately, a broker will determine your propensity to repay the refinanced loan by taking into account your income sources, assets, credit history and any existing debts that you have. This type of application will be treated on a case-by-case basis.
We have a page about refinancing after retirement which you might find useful.
All the best,
Belinda
I have A mortgage in New Zealand and I wondered if I could refinance that mortgage in Australia. I live and work in Australia now and it costs money to transfer to and from New Zealand. Or is there a way I could get part of a loan, say 100000 to pay part of that mortgage off and pay it in Australia? Thanks
Hi Terry,
Thanks for reaching out.
Most Australian lenders prefer that the security for the home loan is based in Australia, so it may be difficult for you to refinance the mortgage in this case. However, your best course of action would be to speak to a licensed mortgage broker as they’ll be able to help you understand your refinancing and borrowing options.
To minimise the cost of transferring funds to and from New Zealand, you can compare a range of global money transfer providers to find one with competitive terms.
All the best,
Belinda