loans.com.au Smart Home Loan

This variable mortgage for home buyers and investors keeps things simple and offers very low rates.

The loans.com.au Smart Home Loan is a variable rate mortgage for owner-occupiers and investors. The loan has competitive interest rates and no application or ongoing fees. It has flexible repayment options as well as a fee-free redraw.

No reviews yet. Write a review

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Review by


Richard Whitten is an editor at Finder, and has been covering home loans and the property market in Australia for the last 4 years. He has written for Yahoo Finance, Money Magazine and Homely, as well as multiple banks and lenders. Richard has a Certificate IV in Finance and Mortgage Broking, a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communication. He enjoys helping people understand the ins and outs of mortgages so they can make smarter property decisions. Richard trained as a high school teacher but found it easier to manage personal finances than a classroom full of kids. Before joining Finder, he edited textbooks and taught English in South Korea.

Expert review

This loan has a low variable rate for principal and interest owner-occupier borrowers and a similarly competitive rate of investors. The loan has a maximum LVR of 90%, which means you will need a 10% deposit.

About this loan

What are the features and benefits of the loans.com.au Smart Home Loan?

  • Loan amount. The loans.com.au Smart Home Loan has a minimum borrowing amount of just $50,000 and a maximum borrowing amount of $2,000,000.
  • Loan purpose. Home buyers and investors can get this mortgage.
  • Offset sub-account. You can add an offset sub-account to this loan but your interest rate will increase by 0.10%.
  • Repayment flexibility. You can repay this loan monthly, weekly or fortnightly. You can also make unlimited extra repayments.
  • Loan-to-value ratio. You can borrow up to 90% of your property's value. There is no low deposit option.

What fees and charges come with this loan?

This mortgage comes with the following fees:

  • Settlement fee: $300. This fee covers the costs of funding your home loan.
  • Late payment fee: $150. If your payments are overdue, there is a small fee.
  • Valuation fee: . This fee covers the lender's cost to get your property valued.

How to apply

If you'd like to apply for this product or just get more information, click the green "Go to site" button and follow the application process to speak to a loans.com.au mortgage specialist. They'll talk you through eligibility requirements and help you with the application.

Home Loan Offers

Important Information*

Ask an expert

To ask a question simply log in via your email or create an account.

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, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site