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HOME LOANS

Welcome to Mozo's home loans hub. We can help save you thousands on your current loan or help you find the perfect loan for your perfect first home. Mozo has everything you need to find the right loan quickly and easily.

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Award winning 3-year fixed rate home loan

  • Get CUA's 3 year fixed home loan rate of 4.89% p.a. (5.31% p.a. comparison rate)
  • No monthly fees, interest rate only options
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    • HSBC Home Value Loan
      • No monthly or upfront fees
      • Free extra repayments
      • Redraw facility
    • variable rate

      4.75%

    • comparison rate*

      4.75%

    • upfront fees

      $0

    • Go to site
    More info
    • State Custodians Breathe Easy Offset (LVR<80%)
      • Loyalty rate drop 0.25% p.a. after 5 years. Conditions apply
      • 100% offset account
      • No ongoing fees
    • variable rate

      4.84% variable for 60 months and then 4.59%

    • comparison rate*

      4.75%

    • upfront fees

      $682

    • Go to site
    More info
    • Newcastle Permanent Variable Home Loan (Premium Plus Package)
      • $0 upfront fees
      • $0 application fee
      • 100% offset facility
    • variable rate

      4.87%

    • comparison rate*

      5.21%

    • upfront fees

      $0

    • Go to site
    More info
    • Bankwest Online Home Loan
      • Exclusive offer for online applications
      • Save $695 with $0 online application fee. Limited time only
      • No ongoing monthly loan maintenance fees
    • variable rate

      4.88%

    • comparison rate*

      4.89%

    • upfront fees

      $0

    • Go to site
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    More info
    • Greater Building Society Ultimate Home Loan (Package)
      • Free extra repayments
      • Free redraw facility
      • Offset account available
    • variable rate

      4.94%

    • comparison rate*

      5.27%

    • upfront fees

      $275

    • Go to site
    More info
    • ANZ Variable Rate (LVR>80%) (Breakfree Package)
      • $0 upfront fees
      • Offset account available
      • Free extra repayments and redraw facility available
    • variable rate

      5.03%

    • comparison rate*

      5.39%

    • upfront fees

      $0

    • Go to site
    More info
    • MyRate.com.au Advantage Loan
      • Borrow up to 97% of the property value
      • Free extra repayments and redraw facility
      • No ongoing fees
    • variable rate

      5.17%

    • comparison rate*

      5.17%

    • upfront fees

      $0

    • Go to site
    More info
    • Commonwealth Bank No Fee Home Loan
      • No bank fees for the life of the loan
      • Free extra repayments
      • Free redraw facility
    • variable rate

      5.20%

    • comparison rate*

      5.20%

    • upfront fees

      $0

    • Go to site
    More info
    • ME Bank Standard Home Loan
      • No monthly fees
      • Free redraw facility
      • Free extra repayments
    • variable rate

      5.38%

    • comparison rate*

      5.39%

    • upfront fees

      $350

    • Go to site
    More info

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

  • Home loan reviews

      • UBank home loan review

        No frills, convenient and trusted lender

        1. Overall customer rating
        2. (Reviewed about 18 hours ago)

        I wanted a no frills home loan with an attractive interest rate where I could make my application online and in my own time which is exactly what I got by going with Ubank. I researched and looked at a number of other lenders using the Mozo home ...  Full review 

        I wanted a no frills home loan with an attractive interest rate where I could make my application online and in my own time which is exactly what I got by going with Ubank. I researched and looked at a number of other lenders using the Mozo home loan comparison site however for what I wanted, Ubank ticked all the boxes. The online process was very straightforward and their customer service people are available anytime - night and day. I contacted them a couple of times and they were very helpful. Ubank is backed by NAB - a trusted well established bank and another reason I chose to go with Ubank.


          1. Price
          1. Features
          1. Customer service
          1. Convenience
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        UBank home loan review by Jo clifford

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      • loans.com.au home loan review

        Best rates ever, but a little slow

        1. Overall customer rating
        2. (Reviewed about 22 hours ago)

        I have just refinanced my home loan to loans.com.au, obviously because of their most competitive rates. The whole refinance process went very smooth except some problems in finalizing settlement date. I think their settlement team is a bit ineffi...  Full review 

        I have just refinanced my home loan to loans.com.au, obviously because of their most competitive rates. The whole refinance process went very smooth except some problems in finalizing settlement date. I think their settlement team is a bit inefficient or understaffed. I had final approval in two weeks time from the online application but the settlement completed on 7th week. The online banking tool is really very user friendly. Now lets see if they maintain their interest rates in line with the RBA?!!


          1. Price
          1. Features
          1. Customer service
          1. Convenience
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        loans.com.au Dream Home Loan Variable home loan review by a Mozo reviewer from Queensland

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      • Suncorp home loan review

        Great service

        1. Overall customer rating
        2. (Reviewed about 22 hours ago)

        Suncorp were the only bank who came to our house for a consult of products and put in the effort and continual support throughout the whole process.  Full review 

        Suncorp were the only bank who came to our house for a consult of products and put in the effort and continual support throughout the whole process.


          1. Price
          1. Features
          1. Customer service
          1. Convenience
          1. Trust
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        Suncorp home loan review by a Mozo reviewer from South Australia

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    • Home loan information for Australians

      With interest rates falling, it's a great time to buy your first home or refinance your existing mortgage at a lower rate. Finding the best home loan rates can be daunting, but Mozo is here to guide you through the maze of loans available in Australia. We can also help you find the best home loan with our Home Loan Negotiator service, which is similar to using a mortgage broker in Australia.

      Our mortgage database lets you weigh up different loans with ease, and covers hundreds of loans including fixed rate loans, variable rate loans and more. You can also get the inside story on everything from customer service to hidden fees with reviews by the Mozo community.

    • Mortgage rate comparison

      Our nifty comparison tools let you quickly filter and compare home loans in Australia according to the features you want, such as extra repayments, free redraw and offset accounts.

      Once you have shortlisted the best loans for your needs, you can compare your chosen loans side-by-side to find the most appropriate loan for your needs and apply online at the lender's website.

      If you want help in finding the lowest home loan interest rates that suit your needs, a mortgage broker or home loan negotiator can help. Mozo can help you compare mortgage brokers in Australia with our home loan negotiator service. Brokers will help you to understand your home loan options such as how much you can borrow, which bank, credit unions or non-bank lenders offer the best mortgage rates for your situation and can even help with the application process.

    • Finding the right loan for you

      Before you commence with your research, it helps to work out whether you need a loan with all the bells and whistles, or are simply after the lowest interest rates with no frills.

      The cheapest home loans don't alwasys offer flexible features like the ability to make extra repayments and unlimited redraw. When you're making home loan comparisons in Australia, be sure to check features as well as rates and fees.

      Find more information here on:

    • Fixed rate or variable rate?

      When interest rates are low, you might consider locking in all or part of your loan at a fixed interest rate. Fixed rate loans ensure that your monthly repayments remain the same for an agreed period, regardless of whether interest rates go up or down during that time.

      There are some fixed rate traps to be aware of when you are searching for the best home interest loan rates. For instance most fixed rate loans do not let you make extra repayments, and many impose huge break costs should you decide to switch to a variable rate or another lender before the fixed term is up. Check out variable rate loans.

      A split loan is a way to get the best of both worlds by fixing the rate on part of your mortgage, while keeping the rest at a variable rate and enjoying the flexibility that comes with it.

    • Compare loans with our Calculators

      If you're looking to make a home loan rate comparison, there is no way around number crunching. Whether you are calculating repayments or how much stamp duty you'll need to pay, Mozo's handy home loan calculators make it simpler to do the maths.

      For first home buyers, Mozo's borrowing calculator will help you work out your budget and how much you can afford to spend on your home loan. You can assess if a low deposit home loan is for you. And once you have shortlisted loans, run them through the Mozo home loan comparison calculator to see which one will save you the most.

      We also have a couple of other helpful calculators. Using the Rate Change Calculator you can see how changes in rate will affect your repayments. You can also check out options for getting rid of your debt faster and seeing how much you can save by increasing your payments.

      Once you've decided which loan is right for you, you can link straight through to the lenders website and begin the application process.

  • Home loan calculators

    Crunch numbers with our handy calculators.
  • Community

    Keep up to date with the latest news or get your home loan questions answered by the money mavens on Mozo Answers.