No ongoing fee home loans

  • Buying a home is expensive enough without having to deal with nasty hidden fees. When combined with a competitive rate and the right features, fee-free home loans make a great option for cash conscious home owners. Plus, life's just better without fees!

  • How do I choose the best no ongoing fee home loan?

    The table below will show you the 'true cost' of various no ongoing fee home loans available at the moment - including any upfront costs. If you want to expand your search for the cheapest home loan, try our home loan search tool or let us battle the banks for you with our home loan negotiator service.

  • What else should I consider when deciding which loan is right for me?

    There's more to a home loan than fees you pay. To make a wise choice you should also look closely at the interest rate (fixed or variable) as well as extra features such as redraw and extra repayments. Also consider how rate changes will affect your repayments with our rate change calculator.

  • Can I apply online for a no ongoing fee home loan?

    You sure can! Applying online is easy, just click on the 'go to site' button and you'll be taken to the online application form for the loan provider of your choice.

Today's sponsored deal

CUA

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
Check it out
    • HSBC Home Value Loan
      • No monthly or upfront fees
      • Free extra repayments
      • Redraw facility
    • ongoing fees

      $0.00

    • variable rate

      4.75%

    • comparison rate*

      4.75%

    • 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
    • ongoing fees

      $0.00

    • variable rate

      4.84% variable for 60 months and then 4.59%

    • comparison rate*

      4.75%

    • 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
    • ongoing fees

      $0.00

    • variable rate

      4.88%

    • comparison rate*

      4.89%

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

      $0.00

    • variable rate

      5.20%

    • comparison rate*

      5.20%

    • 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
    • ongoing fees

      $0.00

    • variable rate

      5.17%

    • comparison rate*

      5.17%

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

      $0.00

    • variable rate

      5.38%

    • comparison rate*

      5.39%

    • 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.