November 2018’s cheapest investment home loans

Adam Smith 6 November 2018 NEWS

Clock and coinsRight now is the perfect time for property investors to look for a better home loan deal.

While the Reserve Bank of Australia may have left the official cash rate on hold for a record 27 months, that hasn't stopped lenders from making their own moves, and investors have been left feeling the sting. In fact, according to CoreLogic research head Tim Lawless, the RBA's period of inactivity has seen investors slugged with an average 50 basis point rate rise.

"That's the equivalent of two cash rate hikes," Lawless said.

Investors are already paying an average of 0.55% higher than owner-occupiers. However, good deals for investors still abound. If you're trying to build wealth through property, now is a perfect time to perform a home loan health check.

We've scoured the finder database to find November's cheapest investment loans. To ensure these loans would be suited to the average investor, we applied the following criteria:

  • All loans have a minimum loan amount of $200,000 or less and a maximum loan amount of $500,000 or higher.
  • All seven mortgages have maximum loan to value ratios of 80%, requiring a 20% deposit.
  • We've also excluded lines of credit and construction loans.
  • All product information is correct as of 6 November 2018.

You can find our cheapest loans in the table below. To learn more about investing strategies, read our in-depth guide.

Compare November's cheapest investor loans

Rates last updated November 21st, 2018
$
Loan purpose
Offset account
Loan type
Repayment type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
3.79%
3.82%
$0
$0 p.a.
80%
An essentials variable investor mortgage with a high borrowing amount so you can fund a large purchase.
3.84%
3.91%
$0
$0 p.a.
80%
Get instant online approval and flexible repayment options with this fixed rate mortgage for investing.
3.89%
4.24%
$0
$0 p.a.
80%
Fix your rate and minimise repayments for 2 years with this interest-only investor mortgage.
3.93%
3.94%
$0
$0 p.a.
80%
This investment loan keeps fees low, has a sharp interest rate and comes with a 100% offset account.
3.98%
5.01%
$0
$395 p.a.
90%
Fix the rate on your investment property for 2 years with this competitive home loan package.
3.99%
5.71%
$600
$8 monthly ($96 p.a.)
80%
Investors can get a partial offset account when they lock in their rate for 1 year.
3.99%
3.99%
$0
$0 p.a.
80%
Get a discounted, low-fee investor loan from a convenient online lender. 20% deposit required.

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*Our cheapest investment home loans round-up is a monthly article that features the cheapest loans in finder.com.au's database. The rates and other information in this page are correct at the time of publication and are subject to change. There may be cheaper loans on the market than the ones listed here. The home loans in the table above were taken from finder.com.au's database on 6 November 2018.

Want to compare more options? Check out all our investment property home loans

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