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    Home loan reviews

      • ANZ Variable Rate

        • 7.36%

          variable rate

        • -

          fixed 1 year rate

        ANZ Fixed Rate

        • 6.19%

          fixed 1 year rate

        • 7.15%

          comparison rate

        Show Rates

        ANZ home loan review

        Make your mortgage work for you at ANZ

          1. Overall customer rating
          2. (Reviewed about 15 hours ago)

        Mortgages do not have to be scary, make them work for you with an offset account and extra repayments. Our interest is now reduced.       Full review 

        Mortgages do not have to be scary, make them work for you with an offset account and extra repayments. Our interest is now reduced.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        ANZ Variable Rate home loan review by Laura from Victoria

        Was this review helpful?

        Yes
      • ANZ Fixed Rate

        • 6.19%

          fixed 1 year rate

        • 7.15%

          comparison rate

        ANZ Equity Manager

        • 7.51%

          variable rate

        • -

          fixed 1 year rate

        Show Rates

        ANZ home loan review

        High rates

          1. Overall customer rating
          2. (Reviewed about 15 hours ago)

        Interest rates are too high and continue to rise.       Full review 

        Interest rates are too high and continue to rise.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        ANZ home loan review by Kylie from South Australia

        Was this review helpful?

        Yes
      • ANZ Fixed Rate

        • 6.19%

          fixed 1 year rate

        • 7.15%

          comparison rate

        ANZ Equity Manager

        • 7.51%

          variable rate

        • -

          fixed 1 year rate

        Show Rates

        ANZ home loan review

        Not good enough..time to be ethical in investment

          1. Overall customer rating
          2. (Reviewed about 15 hours ago)

        Because ANZ supports the Tasmania Gunns' pulp mill and because they have started charging a monthly home loan account fee when I have been with them for more than 10 years and have never defaulted on a credit card or home loan payment.       Full review 

        Because ANZ supports the Tasmania Gunns' pulp mill and because they have started charging a monthly home loan account fee when I have been with them for more than 10 years and have never defaulted on a credit card or home loan payment.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        ANZ home loan review by Jo from Tasmania

        Was this review helpful?

        Yes

    Home loan information

    With interest rates going up it's a great time to get your first home loan or refinance your existing mortgage at a lower rate. Finding the right loan can be daunting, but Mozo is here to guide you through the home loan maze.

    Our mortgage database allows you to compare home loans rates and fees 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 home loan reviews by the Mozo community.

    Home loan comparison

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

    Once you have shortlisted the best home loans for your needs, you can compare your chosen loans side-by-side and enquire online at the lender's website.

    Mortgage Brokers

    If you want help in finding the best home loan for your needs, a mortgage broker can help. Mozo can help you compare mortgage brokers with our find a broker service. Mortgage Brokers (sometimes also called home loan 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 rates for your situation and will even help with the application process.

    Finding the right home loan

    Before you compare home loans, it helps to work out whether you need a loan with all the bells and whistles, or are simply after a low rate home loan with no frills.

    Not all cheap home loans offer flexible features like the ability to make extra repayments and unlimited redraw. To avoid getting stuck with a loan that isn't right for your needs, be sure to check features as well as rates and fees when you compare home loans.

    Find more information here on:
    Refinancing
    Line of credit
    Low rate
    No fee

    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 compare home loans. 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.

    Home Loan Calculators

    If you are in the market for a new home loan, there is no way around number crunching. Whether you are calculating home loan 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. And once you have shortlisted loans, run them through the Mozo home loan comparison calculator to see which one will save you the most.

    Other helpful home loan calculators include:

    5

    Lowest interest rate

    based on comparison rate

    Highest rated home loans- as voted by the Mozo Community (rating out of 10)

    • 9.0

      Newcastle Permanent home loans

      Overall rating: 9.0 (31 reviews)*

      Last reviewed: 25 January 2012


      1. Overall customer rating
      1. Price
      1. Features
      1. Service
      1. Convenience
      1. Trust

      * based on reviews in the past 12 months

    • 8.9

      Greater Building Society home loans

      Overall rating: 8.9 (39 reviews)*

      Last reviewed: 25 January 2012


      1. Overall customer rating
      1. Price
      1. Features
      1. Service
      1. Convenience
      1. Trust

      * based on reviews in the past 12 months

    • 8.7

      CUA home loans

      Overall rating: 8.7 (67 reviews)*

      Last reviewed: 25 January 2012


      1. Overall customer rating
      1. Price
      1. Features
      1. Service
      1. Convenience
      1. Trust

      * based on reviews in the past 12 months

    • 8.7

      ME Bank home loans

      Overall rating: 8.7 (88 reviews)*

      Last reviewed: 28 January 2012


      1. Overall customer rating
      1. Price
      1. Features
      1. Service
      1. Convenience
      1. Trust

      * based on reviews in the past 12 months

    • 8.4

      Heritage Bank home loans

      Overall rating: 8.4 (33 reviews)*

      Last reviewed: 25 January 2012


      1. Overall customer rating
      1. Price
      1. Features
      1. Service
      1. Convenience
      1. Trust

      * based on reviews in the past 12 months

    Home loan calculators

    Crunch numbers with our handy calculators Select from list below

    Home loan articles

    • *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 $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.