| |
2.54%
| 2.56% |
$0
|
$0 p.a.
|
80% |
$596.91
| Up to $4,000 refinance cashback. With this competitive variable rate loan from St.George, refinancers borrowing $250,000+ can get up $4,000 cashback and borrow up to 80% of the property's value. (Terms, conditions & exclusions apply). | | | |
| |
2.29%
| 2.72% |
$0
|
$8 monthly ($96 p.a.)
|
95% |
$577.55
| Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply. | | | |
| |
1.88%
| 2.98% |
$0
|
$0 p.a.
|
80% |
$546.6
|
Lock in a competitive fixed rate for 2 years and buy your home with a 20% deposit.
| | | |
| |
2.19%
| 2.19% |
$0
|
$0 p.a.
|
60% |
$569.91
|
Owner occupiers with 40% deposits or equity can get this competitive variable rate loan. No upfront or ongoing fees.
| | | |
| |
1.89%
| 2.94% |
$0
|
$0 p.a.
|
80% |
$547.35
|
Lock in a low fixed rate loan for two years and get the annual package fee waived in the first year. Available for borrowers with 20% deposits.
| | | |
| |
2.34%
| 2.34% |
$0
|
$0 p.a.
|
80% |
$581.39
|
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees.
| | | |
| |
2.49%
| 2.49% |
$0
|
$0 p.a.
|
60% |
$593.01
|
A competitive variable rate home loan for owner-occupiers. Requires a 40% deposit.
| | | |
| |
2.54%
| 2.55% |
$0
|
$0 p.a.
|
80% |
$596.91
|
A competitive variable interest rate loan with low fees. The establishment fee is waived if you borrow $150,000 or more.
| | | |
| |
1.94%
| 2.18% |
$250
|
$0 p.a.
|
90% |
$551.07
|
Owner occupiers can get a sharp fixed rate for the first year, plus an offset account. Available with a 10% deposit.
| | | |
| |
1.95%
| 2.27% |
$0
|
$0 p.a.
|
80% |
$551.82
|
A competitive fixed interest rate loan with no ongoing fees. Requires a 20% deposit.
| | | |
| |
2.09%
| 3.46% |
$0
|
$395 p.a.
|
95% |
$562.33
|
Lock in a low fixed rate for the first two years. Refinancers borrowing $250,000 or more can get cashbacks between $2,000 and $4,000 depending on their loan to value ratio (Other terms, conditions and exclusions apply | | | |
| |
2.09%
| 3.5% |
$0
|
$395 p.a.
|
95% |
$562.33
| Up to $3,000 refinance cashback. Competitive fixed rate home loan. Eligible borrowers refinancing $250,000 or more can get up to $3,000 cashback. Other conditions apply. | | | |
| |
2.59%
| 2.6% |
$0
|
$0 p.a.
|
80% |
$600.83
|
Get a low interest rate loan with no ongoing fees. Plus you can make extra repayments and free redraw online.
| | | |
| |
2.14%
| 2.16% |
$0
|
$0 p.a.
|
60% |
$566.11
|
A competitive rate with no application or ongoing fee. This loan is not available for construction.
| | | |
| |
2.17%
| 2.2% |
$250
|
$0 p.a.
|
80% |
$568.39
|
A very low interest rate for home buyers with 20% deposits saved. Add an offset account for a small fee. This special discount rate is available for new borrowers who apply and get approved by 30 November 2020. Not available for construction purposes. | | | |
| |
2.04%
| 2.79% |
$300
|
$10 monthly ($120 p.a.)
|
80% |
$558.56
| $3,000 refinance cashback. Buy your home and lock in a low rate for the first two years. Get a $3,000 cashback when you switch to Virgin Money with a loan amount of $300,000 or more with an LVR up to 80%. You must apply by 30 November 2020 and settle by 23 April 2021. | | | |
| |
2.49%
| 2.76% |
$0
|
$0 p.a.
|
60% |
$593.01
|
A sharp variable rate with low fees for borrowers with 40% deposits or refinancers with equity in their properties.
| | | |
| |
2.24%
| 2.26% |
$0
|
$0 p.a.
|
90% |
$573.72
|
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.
| | | |
| |
2.19%
| 2.53% |
$0
|
$0 p.a.
|
80% |
$569.91
|
Borrow up to $750,000 with this basic 3 years fixed rate home loan.
| | | |
| |
2.59%
| 2.61% |
$0
|
$0 p.a.
|
90% |
$600.83
| Up to $4,000 refinance cashback. With this competitive variable rate loan from St.George, refinancers borrowing $250,000+ can get up $4,000 cashback and borrow up to 90% of the property's value. (Terms, conditions & exclusions apply). | | | |
| |
2.04%
| 2.17% |
$250
|
$0 p.a.
|
90% |
$558.56
|
A low 3 year fixed rate for home buyers. Add a 100% offset account with a $10 monthly fee. Not available for construction purposes. | | | |
| |
2.54%
| 2.56% |
$0
|
$0 p.a.
|
80% |
$596.91
| Up to $4,000 refinance cashback A competitive variable rate loan from Bank of Melbourne. Refinancers borrowing $250,000 or more can get $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| |
2.24%
| 2.21% |
$0
|
$0 p.a.
|
70% |
$573.72
|
A low variable rate for owner occupiers with 30% deposits. No upfront or ongoing fees.
| | | |
| |
2.14%
| 2.35% |
$0
|
$0 p.a.
|
80% |
$566.11
|
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees.
| | | |
| |
2.09%
| 3.46% |
$0
|
$395 p.a.
|
95% |
$562.33
|
Competitive fixed rate loan. Refinancers borrowing $250,000 or more can get cashbacks between $2,000 and $4,000 depending on their loan to value ratio (Other terms, conditions and exclusions apply | | | |
| |
2.54%
| 2.56% |
$0
|
$0 p.a.
|
80% |
$596.91
| Up to $4,000 refinance cashback A competitive variable rate loan from BankSA. Refinancers borrowing $200,000 or more can get a $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| |
1.99%
| 3.29% |
$0
|
$395 p.a.
|
95% |
$554.81
| Up to $3,000 refinance cashback. Lock in a very low rate for four years with this owner occupier loan. You will need a 30% deposit or equity to get this loan. Eligible borrowers refinancing $250,000 or more can get up to $3,000 cashback. Other conditions apply. | | | |
| |
1.94%
| 3.21% |
$0
|
$395 p.a.
|
80% |
$551.07
|
A competitive fixed rate loan. Refinancers borrowing $250,000 or more can get a $4,000 cashback (Other terms, conditions and exclusions apply). | | | |
| |
1.94%
| 3.21% |
$0
|
$395 p.a.
|
80% |
$551.07
|
A competitive fixed rate loan. Refinancers borrowing $250,000 or more can get cashbacks between $2,000 and $4,000 depending on their loan to value ratio (Other terms, conditions and exclusions apply | | | |
| |
1.99%
| 3.26% |
$0
|
$395 p.a.
|
95% |
$554.81
|
A competitive fixed rate loan. Refinancers borrowing $200,000 or more can get cashbacks between $2,000 and $4,000 depending on their loan to value ratio (Other terms, conditions and exclusions apply | | | |
| |
2.59%
| 2.61% |
$0
|
$0 p.a.
|
90% |
$600.83
|
Save on interest with a free 100% offset account and buy your property with just a 10% deposit. This loan is not available for construction.
| | | |
| |
2.55%
| 2.6% |
$600
|
$0 p.a.
|
95% |
$597.7
|
Home buyers can get a competitive, low-fee variable rate plus a 100% offset account. Low deposit option available. Eligible new home buyers with low deposits can apply for the First Home Loan Deposit Scheme with this lender and avoid LMI costs.Eligible refinancers can get a $2,000 pre-paid credit card when they switch to CUA. | | | |
| |
1.99%
| 2.17% |
$250
|
$0 p.a.
|
90% |
$554.81
|
A low fixed mortgage with an optional 100% offset account. Not available for construction purposes. | | | |
| |
2.59%
| 2.6% |
$0
|
$0 p.a.
|
110% |
$600.83
|
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. | | | |
| |
2.29%
| 2.23% |
$0
|
$0 p.a.
|
80% |
$577.55
|
A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.
| | | |
| |
2.52%
| 2.55% |
$250
|
$0 p.a.
|
90% |
$595.35
|
A very low variable interest rate for borrowers with a 10% deposit. Add a 100% offset account for $10 a month. Not available for construction purposes. | | | |
| |
2.59%
| 2.76% |
$300
|
$10 monthly ($120 p.a.)
|
60% |
$600.83
| $3,000 refinance cashback. A variable rate loan for owner occupiers with a 40% deposit (or equity) borrowing under $500,000. Get a $3,000 cashback when you switch to Virgin Money with a loan amount of $300,000 or more with an LVR up to 80%. You must apply by 30 November 2020 and settle by 23 April 2021. | | | |
| |
2.09%
| 3.46% |
$0
|
$395 p.a.
|
80% |
$562.33
|
Competitive fixed rate loan. Refinancers borrowing $200,000 or more can get cashbacks between $2,000 and $4,000 depending on their loan to value ratio (Other terms, conditions and exclusions apply | | | |
| |
2.54%
| 2.54% |
$0
|
$0 p.a.
|
60% |
$596.91
|
Investors with large 40% deposits or equity can get this low variable rate. A competitive option for investors looking to refinance.
| | | |
| |
2.74%
| 2.74% |
$0
|
$0 p.a.
|
80% |
$612.67
|
Get a discounted, low-fee investor loan from a convenient online lender. 20% deposit required.
| | | |
| |
2.09%
| 2.43% |
$0
|
$0 p.a.
|
70% |
$562.33
|
Get a low interest rate and a mortgage with flexible, basic features. No application or ongoing fees. Requires a 30% deposit.
| | | |
| |
2.59%
| 2.56% |
$0
|
$0 p.a.
|
70% |
$600.83
|
Athena's refinance offer for investors and owner occupiers.
| | | |
| |
2.29%
| 2.65% |
$0
|
$0 p.a.
|
80% |
$577.55
|
Pay no ongoing fees on this investment loan fixed for 3 years.
| | | |
| |
2.64%
| 2.59% |
$0
|
$0 p.a.
|
80% |
$604.76
|
A competitive investor variable rate that falls as you build equity.
| | | |
| |
2.64%
| 2.65% |
$0
|
$0 p.a.
|
90% |
$604.76
|
A competitive value home loan with no ongoing fee.
| | | |
| |
2.64%
| 2.64% |
$0
|
$0 p.a.
|
80% |
$604.76
|
Pay no application and ongoing fees and take advantage of split and redraw options.
| | | |
| |
2.84%
| 2.68% |
$0
|
$0 p.a.
|
80% |
$620.63
|
A competitive interest-only investor rate with no application or ongoing fees. Requires a 20% deposit.
| | | |
| |
2.19%
| 4.23% |
$600
|
$8 monthly ($96 p.a.)
|
95% |
$569.91
|
Get a partial offset account and the option to make interest-only repayments.
| | | |
| |
2.84%
| 2.46% |
$0
|
$0 p.a.
|
80% |
$620.63
|
Owner occupiers can refinance to one of the most competitive interest-only rates in the market. No application fee and no ongoing fees.
| | | |
| |
2.39%
| 3.23% |
$0
|
$350 p.a.
|
95% |
$585.25
|
Get a partial offset account and flexible repayments with this package loan.
| | | |
| |
3.34%
| 3.37% |
$0
|
$0 p.a.
|
90% |
$661.31
|
For a limited time, pay no application or settlement fees. You can also take advantage of a free redraw facility.
| | | |
| |
2.68%
| 2.73% |
$600
|
$0 p.a.
|
80% |
$607.92
| Family guarantee option available. Enjoy flexible repayments and a low minimum loan amount.
| | | |
My wife and I are hoping to buy a home very soon. We have deposit in bank of about 20% of the value of homes we are looking at. Most of this is proceeds from the sale of my wife’s house and some savings we have added in last 6 months. Repayments will be quite comfortable, considerably less than we are paying as rent and allow room for interest rate increases without stressing much.
The sticky bit is I have a tax debt. The debt arose when I was operating a small business a number of years ago and wasn’t diligent in getting activity statements and returns done as I should have. This debt was incurred before I met my wife. I have made some contribution toward paying the debt. I have contacted the accountant that prepared my returns for the years in question to try to get the activity statements completed. When he was preparing the returns he didn’t think they would be required as he was confident the ATO would release the debt. I was unemployed and on sickness benefit for a period of time and ATO did release the debt. When I started working and lodged a tax return the debt was reinstated about 12 months ago. The debt was raised 7-9 years ago.
As I understand home loan requirements (I have never had a home loan or owned/part owned a home)the Lender would prefer the loan to be in both our names (joint application). If we do this would the ATO be able to prevent the loan or force us to sell it to cover the debt that I have?
Alternatively, If the loan was in my wife’s name only would the ATO have a problem with that? As I earn more than my wife some of my income would go toward servicing the loan. It might be possible for my wife’s income to service the loan and my income used for food, fuel, car expenses, etc so I wasn’t actually contributing to the payment of the mortgage.
Constructive advice appreciated.
Hi Wetworker,
Thank you for contacting finder.com.au – a financial comparison website and general information service designed to help consumers make better decisions.
Sorry for the delayed reply. Generally, all lenders will assess their applicant’s financial position and will take into account including but not limited to your assets, income, other debts and liabilities, credit rating, etc. So either you or your spouse will apply for the loan, the same assessment will be done. Obviously, you’ll need to be in good standing in your financial position as that would tell your capability of paying off the loan.
Furthermore, whether you or your spouse will apply for the loan, as you have an outstanding debt with ATO, most likely your tax debt and repayments history are critical factors that a lender will consider in approving your loan application.
Nonetheless, you still have the option to refinance your tax debt and combine it with the new home loan you take out. Unfortunately, most banks do not offer to refinance your tax debt, but some non-bank lenders may be able to help. You can discuss your loan options by contacting a non-bank lender featured on this page. Again, your approval will still be on a case-by-case basis, depending on their assessment financial circumstance.
Hope this helps.
Cheers,
May