(as rated by the Mozo community)
| Product | Rate | Fixed Rate (3 year) | Comparison Rate* | Initial Minimum Monthly Repayment | Total Interest & Fees** |
|---|---|---|---|---|---|
| Equity Line Advantage | 7.40% | 7.47% | $2,197 | $360,218 | |
| Fixed Rate | 7.29% | 7.36% | $2,176 | $351,345 | |
| Standard Variable | 7.20% | 7.27% | $2,159 | $348,599 | |
| Discount Variable | 6.20% variable for 12 months and then 7.20% | 7.27% | $1,970 | $347,790 | |
| Professional Mortgage Plus | 6.75% | 7.09% | $2,073 | $331,194 | |
| Professional Mortgage | 6.90% | 6.92% | $2,101 | $330,745 | |
| Professional Mortgage | 6.90% | 6.92% | $2,101 | $330,745 | |
| Professional Mortgage Plus | 6.70% | 7.04% | $2,063 | $328,355 | |
| Budget Blue Home Loan | 6.77% | 6.84% | $2,077 | $323,926 | |
| Budget | 6.52% | 6.69% | $2,029 | $312,780 |
*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.
**Total interest and fees over 25 years
Established in 1880, IMB is the longest standing mutual building society in New South Wales. With more than $4.5 billion in assets and around 180,000 members, IMB has grown to be one of Australia’s largest building societies. IMB
offers full-service face-to-face and electronic banking facilities including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and a wide range of insurance products.
| Katerina from Australian Capital Territory, an IMB home loan customer. | 9Overall Rating | ||
| You are definitely treated like a person and not a number. Wins for us every time. Reviewed 15 days ago |
|
| Liwayway from Australian Capital Territory, an IMB home loan customer. | 10Overall Rating | ||
| IMB budget homeloan is the best value for money. Reviewed 2 months ago |
|
| Ken from New South Wales, an IMB home loan customer. | 10Overall Rating | ||
| I like IMB'S products, because they are fully explained to me by the manager of my branch. Never had any problems since joining this institution. Reviewed 2 months ago |
|
| Kendal from New South Wales, an IMB home loan customer. | 8Overall Rating | ||
| Flexible product, very competitive. Excellent customer service. Only downside is lack of ATMs. Reviewed 2 months ago |
|
| Janeen from New South Wales, an IMB home loan customer. | 8Overall Rating | ||
| The IMB really is a very friendly organisation and it has really improved over the years as well. Reviewed 2 months ago |
|
| Product Type | Overall | Price | Features | Service | Convenience | Trust |
|---|---|---|---|---|---|---|
| IMB credit cards | 5.2 9 REVIEWS | 5.8 | 4.9 | 5.7 | 6.6 | 6.2 |
| IMB bank accounts | 6.9 24 REVIEWS | 5.9 | 5.5 | 7.5 | 6.8 | 6.8 |
| IMB home loans | 7.4 31 REVIEWS | 6.6 | 5.7 | 7.0 | 6.9 | 6.9 |
| IMB personal loans | 9.4 5 REVIEWS | 8.8 | 8.2 | 9.8 | 10.0 | 9.6 |
| IMB savings accounts | 7.3 38 REVIEWS | 6.8 | 6.4 | 8.1 | 7.3 | 7.4 |
| IMB term deposits | 9.0 6 REVIEWS | 8.5 | 6.2 | 8.0 | 7.8 | 9.0 |
With so many different home loans on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right home loan choice. You can find and compare IMB home loans with Mozo or check out these other providers.
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