Stats crunched by Mozo Experts
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444Home Loan Products
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97Home Lenders
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10Award Categories
A huge round of applause to the 2025 winners of the Mozo Experts Choice Awards for Home Loans. To find out which home loans deliver the best value for Australian borrowers for 2025, our team of expert judges assessed thousands of rate variants across 444 home loans from 97 lenders.
No matter if you’re a first home buyer, investor, or looking at switching to a better deal, our winners list below outlines the best value home loans and is a great starting point to begin your search.
Standout Winners
Australia's Best Home Lender

Tiimely Home’s ‘Tiimely Own’ loans continue to be priced competitively for a wide range of different customers love what they have to offer. This year’s major award win goes one better than the Exceptional Value Home Lender award they took out in 2024.
Tiimely Home won awards in four different categories this year: Low Cost Home Loan, Fixed Rate Home Loan, Offset Home Loan and First Home Buyer Loan, as well as ranking well in both the Investor and Investor Fixed Rate categories.
Congratulations to:
Tiimely
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Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.00% p.a.
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Fixed Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
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5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.02% p.a.
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Variable Home Loan
Investor, Principal & Interest
- Interest Rate
- 6.29% p.a. variable
- Comparison Rate
- 6.29% p.a.
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Fixed Home Loan
Investor, Principal & Interest
- Interest Rate
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6.24% p.a.
fixed 3 years
- Comparison Rate
- 6.28% p.a.
Exceptional Value Home Lender
This award category recognises a handful of lenders who took out award wins across several categories, making them worthy of recommendation for a range of borrowers.
The judges considered lenders who had won a Low Cost Home Loan award, and looked at how they ranked across other categories with priority given to those categories more likely to be of use to a wide range of borrowers. The outstanding performance throughout the awards of these 5 lenders makes them worthy of consideration by most borrowers
Congratulations to:
Australian Mutual Bank, Community First Bank, Newcastle Permanent, People's Choice, and Up
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Basic Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.94% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Special Real Deal Home Loan
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.03% p.a.
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GumLeaf Basic Variable
Owner Occupied, Principal & Interest, LVR <60%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.91% p.a.
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Basic Variable Home Loan
LVR<70%, Owner Occupier, Principal and Interest, >$150k
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.90% p.a.
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Home Variable Rate
Owner Occupier, Principal & Interest
- Interest Rate
- 6.00% p.a. variable
- Comparison Rate
- 6.00% p.a.
Low Cost Home Loan
Most people in the market are looking for a low cost home loan to keep outgoings minimal, particularly with the interest rate rises of 2023.
For this category the Mozo judges assessed 270 variable rate loans for owner occupier borrowers making principal & interest repayments, and identified these as the lowest cost for several different loan-to-value ratios.
Congratulations to:
Australian Mutual Bank, Auswide Bank, Bank of China, BankVic, Community First Bank, Family First Bank, First Option Bank, G&C Mutual Bank, Greater Bank, Homeloans360, Homestar, MOVE Bank, Newcastle Permanent, Pacific Mortgage Group, People's Choice, Police Credit Union, Qantas Money, Qudos Bank, RACQ Bank, Summerland Bank, The Capricornian, The Mutual Bank, Tiimely, Unloan, and Up
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Unloan Variable Home Loan
Owner Occupier, LVR <80%
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 5.90% p.a.
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Special Offer 3 Year Discounted Basic Variable Rate Home Loan
Owner Occupier
- Interest Rate
- 5.69% p.a.variable for 36 months and then 6.19% p.a. variable
- Comparison Rate
- 6.05% p.a.
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GumLeaf Basic Variable
Owner Occupied, Principal & Interest, LVR <60%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.91% p.a.
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Basic Home Loan
Owner Occupier, Principal and Interest, LVR 70-80%
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.02% p.a.
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Discount Home Loan
Owner-Occupier, Principal & Interest, LVR <80%
- Interest Rate
- 5.88% p.a. variable
- Comparison Rate
- 6.06% p.a.
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Discount Plus Home Loan
Owner-Occupier, Principal & Interest, LVR <80%
- Interest Rate
- 5.88% p.a. variable
- Comparison Rate
- 6.24% p.a.
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Special Offer Variable Home Loan
Owner Occupier
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.00% p.a.
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Basic Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.94% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Standard Variable Home Loan
Owner Occupier, Principal & Interest, >$500,000
- Interest Rate
- 5.94% p.a. variable
- Comparison Rate
- 6.03% p.a.
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Simple Home Loan Variable
Owner-Occupied, Principal and Interest, LVR<60%
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Essential Worker Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.95% p.a. variable
- Comparison Rate
- 5.98% p.a.
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Discount Great Rate Home Loan
Owner Occupier, Principal & Interest, LVR<80%, over $150k
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.01% p.a.
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Owner Variable Home Loan
Plus, LVR <80%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.89% p.a.
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Star Essentials Home Loan
Owner Occupier, Principal & Interest, LVR <70%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.89% p.a.
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Everyday Home Loan
Owner Occupier, LVR <80%
- Interest Rate
- 5.94% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Special Real Deal Home Loan
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.03% p.a.
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Fixed Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
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6.39% p.a.
fixed 3 years
- Comparison Rate
- 6.03% p.a.
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Basic Variable Home Loan
LVR<70%, Owner Occupier, Principal and Interest, >$150k
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.90% p.a.
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Low Rate Home Loan Special Offer
Owner Occupier, Principal & Interest, LVR<80%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.95% p.a.
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Variable Home Loan
Owner Occupier, Principal and Interest, LVR <90%
- Interest Rate
- 6.13% p.a. variable
- Comparison Rate
- 6.20% p.a.
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No Frills Home Loan
Owner Occupier, Principal & Interest, LVR <70%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.89% p.a.
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Fair Dinkum Home Loan
Owner Occupier, LVR <60%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.89% p.a.
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Premium Home Loan
Owner-Occupied, LVR <60%, >$500k
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.36% p.a.
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Country to Coast Variable Rate Offset Home Loan
Owner Occupied, Principal and Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Special Budget Home Loan
Owner Occupier, LVR <80%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.90% p.a.
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Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.00% p.a.
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Home Variable Rate
Owner Occupier, Principal & Interest
- Interest Rate
- 6.00% p.a. variable
- Comparison Rate
- 6.00% p.a.
Offset Home Loan
An offset option on your home loan can be a great way of saving on interest paid on your loan, yet still having the flexibility to withdraw your money when needed. Of the variable rate loans offering a 100% offset facility, the Mozo judges found that these were the lowest cost.
Congratulations to:
Australian Mutual Bank, Bank of China, Bendigo Bank, Community First Bank, Easy Street, G&C Mutual Bank, Homestar, Northern Inland Credit Union, NRMA Insurance, People's Choice, Police Credit Union, Qantas Money, Queensland Country Bank, The Capricornian, Tiimely, and Up
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Express Home Loan
Owner Occupier, Principal & Interest, LVR <90%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.22% p.a.
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Accelerator Home Loan (Package)
Owner Occupier, Principal & Interest
- Interest Rate
- 6.04% p.a. variable
- Comparison Rate
- 6.41% p.a.
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GumLeaf Standard Variable
Owner Occupied, Principal & Interest, LVR 70-80%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.11% p.a.
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Star Classic Home Loan
<80%, Principal & Interest
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.09% p.a.
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Essential Worker Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.95% p.a. variable
- Comparison Rate
- 5.98% p.a.
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Discount Plus Home Loan
Owner-Occupier, Principal & Interest, LVR <80%
- Interest Rate
- 5.88% p.a. variable
- Comparison Rate
- 6.24% p.a.
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Low Rate Home Loan Special Offer
Owner Occupier, Principal & Interest, LVR<80%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 5.95% p.a.
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Ultimate Home Loan Special (Package)
Owner Occupier, Principal & Interest, LVR<80%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 6.24% p.a.
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Variable Home Loan
Owner Occupier, Principal and Interest
- Interest Rate
- 6.03% p.a. variable
- Comparison Rate
- 6.07% p.a.
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Country to Coast Variable Rate Offset Home Loan
Owner Occupied, Principal and Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Street Smart Variable Home Loan
Principal & Interest
- Interest Rate
- 6.04% p.a. variable
- Comparison Rate
- 6.09% p.a.
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Dream Value Home Loan Special Offer (Package)
Principal & Interest, new mortgages only, minimum loan amount $500,000
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.31% p.a.
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Variable Home Loan (Package)
LVR<80%, Owner Occupier, Principal & Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.36% p.a.
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Variable Home Loan
Owner Occupier, Principal and Interest, LVR <90%
- Interest Rate
- 6.13% p.a. variable
- Comparison Rate
- 6.20% p.a.
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Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.00% p.a.
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Home Variable Rate
Owner Occupier, Principal & Interest
- Interest Rate
- 6.00% p.a. variable
- Comparison Rate
- 6.00% p.a.
Packaged Home Loan
To find the lowest cost package loans, the judges assessed 50 products, then identified those that were the lowest cost options where the borrower could also get a credit card and bank account that doesn’t charge any account keeping fee with that same provider.
Congratulations to:
Auswide Bank, Community First Bank, Credit Union SA, Greater Bank, ING, Macquarie, Newcastle Permanent, People's Choice, QBANK, and Queensland Country Bank
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Offset Home Loan (Package)
Owner Occupier, LVR 70-80%, Principal & Interest
- Interest Rate
- 6.19% p.a. variable
- Comparison Rate
- 6.44% p.a.
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Ultimate Home Loan Special (Package)
Owner Occupier, Principal & Interest, LVR<80%
- Interest Rate
- 5.89% p.a. variable
- Comparison Rate
- 6.24% p.a.
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Classic Plus Home Loan Offer (Package)
Owner Occupier, LVR <80%, over $150,000
- Interest Rate
- 6.19% p.a. variable
- Comparison Rate
- 6.47% p.a.
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Variable Home Loan (Package)
LVR<80%, Owner Occupier, Principal & Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.36% p.a.
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Discounted Variable Home Loan (Premium Plus Package)
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.43% p.a.
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Orange Advantage (Package)
LVR<80%, Owner Occupier, Principal & Interest
- Interest Rate
- 6.14% p.a. variable
- Comparison Rate
- 6.43% p.a.
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Discount Ultimate Home Loan (Package)
LVR<80%, over $150K, Owner Occupier, Principal & Interest
- Interest Rate
- 6.14% p.a. variable
- Comparison Rate
- 6.51% p.a.
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Variable Rate Home Loan Special Offer (Package)
Owner Occupier, Principal & Interest, LVR<80%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.46% p.a.
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Accelerator Home Loan (Package)
Owner Occupier, Principal & Interest
- Interest Rate
- 6.04% p.a. variable
- Comparison Rate
- 6.41% p.a.
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Home Loan Plus (Freedom Package)
Owner Occupier, Principal & Interest, LVR 70-80%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.49% p.a.
Fixed Rate Home Loan
To be considered in this category the lender has to offer at least a 1 year, a 2 year and a longer term fixed rate loan. The judges calculated the annual cost of each fixed rate term offered and averaged the results. Here are the products with the best overall fixed rate offering.
Congratulations to:
Australian Mutual Bank, Bank Australia, Bank of China, Community First Bank, Easy Street, G&C Mutual Bank, Heritage Bank, HSBC, Hume Bank, Newcastle Permanent, People's Choice, Regional Australia Bank, SWSbank, Tiimely, and Up
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3 Year Fixed Rate
Owner Occupier, Principal & Interest
- Interest Rate
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5.70% p.a.
fixed 3 years
- Comparison Rate
- 5.76% p.a.
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Home Fixed Rate
Owner Occupier, Principal & Interest
- Interest Rate
-
5.80% p.a.
fixed 3 years
- Comparison Rate
- 5.94% p.a.
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Fixed Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
-
5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.02% p.a.
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Fixed Home Loan
Owner Occupier, Principal & Interest, LVR 70-80%
- Interest Rate
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5.65% p.a.
fixed 3 years
- Comparison Rate
- 7.37% p.a.
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Fixed Rate Home Loan (Package)
LVR <80%, Owner Occupier, Principal & Interest
- Interest Rate
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5.69% p.a.
fixed 3 years
- Comparison Rate
- 6.27% p.a.
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Optimum Fixed Rate Home Loan (Fixed)
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
-
5.59% p.a.
fixed 3 years
- Comparison Rate
- 6.30% p.a.
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Fixed Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
-
5.64% p.a.
fixed 3 years
- Comparison Rate
- 5.97% p.a.
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myBlue Fixed Rate Home Loan
Owner Occupier, Principal & Interest, LVR 60-80%
- Interest Rate
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5.69% p.a.
fixed 3 years
- Comparison Rate
- 6.05% p.a.
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Fixed Rate Home Loan
Owner-Occupier, Principal & Interest, LVR <80%
- Interest Rate
-
5.69% p.a.
fixed 3 years
- Comparison Rate
- 7.74% p.a.
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Accelerator Fixed Home Loan (Package)
Owner Occupier, Principal & Interest
- Interest Rate
-
5.64% p.a.
fixed 3 years
- Comparison Rate
- 6.30% p.a.
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Fixed Rate Home Loan (Fixed)
Owner Occupier
- Interest Rate
-
5.49% p.a.
fixed 3 years
- Comparison Rate
- 6.24% p.a.
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Special Fixed Rate Home Loan (Premium Plus Package)
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
-
5.59% p.a.
fixed 3 years
- Comparison Rate
- 7.48% p.a.
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Special Discounted Fixed Rate Home Loan
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
-
5.69% p.a.
fixed 3 years
- Comparison Rate
- 7.70% p.a.
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Fixed Offset Home Loan
Owner Occupier, LVR<80%
- Interest Rate
-
5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.43% p.a.
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Basic Home Loan
Fixed, Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
-
5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.13% p.a.
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Fixed Rate Home Loan (Home Loan Package)
Owner Occupier, Principal & Interest, LVR <80%
- Interest Rate
-
5.74% p.a.
fixed 3 years
- Comparison Rate
- 6.46% p.a.
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Fixed Rate Loan (Home Advantage)
Owner Occupier, LVR 70.1-80%
- Interest Rate
-
5.69% p.a.
fixed 3 years
- Comparison Rate
- 6.43% p.a.
First Home Buyer Loan
First home buyers tend to have a smaller deposit, so for this category our Experts identified the lowest cost variable rate loans for those looking for a 90% LVR loan. The assessment included special offers for borrowers taking advantage of the government’s First Home Loan Deposit Scheme. For this category the Mozo judges assessed variable rate loans and identified these were the lowest cost.
Congratulations to:
Australian Mutual Bank, Community First Bank, Easy Street, Family First Bank, G&C Mutual Bank, loans.com.au, NRMA Insurance, Police Bank, Qantas Money, The Capricornian, Tiimely, Unity Bank, and Up
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Variable Home Loan 90
Principal and Interest, LVR <90%
- Interest Rate
- 6.04% p.a. variable
- Comparison Rate
- 6.08% p.a.
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GumLeaf Basic Variable
Owner Occupied, Principal & Interest, LVR 80% - 90%
- Interest Rate
- 6.04% p.a. variable
- Comparison Rate
- 6.06% p.a.
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Basic Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.94% p.a. variable
- Comparison Rate
- 5.99% p.a.
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Street Smart Variable Home Loan
Principal & Interest
- Interest Rate
- 6.04% p.a. variable
- Comparison Rate
- 6.09% p.a.
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Standard Variable Home Loan
Owner Occupier, Principal & Interest, >$500,000
- Interest Rate
- 5.94% p.a. variable
- Comparison Rate
- 6.03% p.a.
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Essential Worker Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.95% p.a. variable
- Comparison Rate
- 5.98% p.a.
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Variable Home Loan
Owner Occupier, Principal and Interest
- Interest Rate
- 6.03% p.a. variable
- Comparison Rate
- 6.07% p.a.
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First Home Loan Variable
Owner Occupier, Principal & Interest, LVR 80-98%
- Interest Rate
- 5.84% p.a. variable
- Comparison Rate
- 5.92% p.a.
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Variable Home Loan
Owner Occupier, Principal and Interest, LVR <90%
- Interest Rate
- 6.13% p.a. variable
- Comparison Rate
- 6.20% p.a.
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Country to Coast Variable Rate Offset Home Loan
Owner Occupied, Principal and Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 5.99% p.a.
-
Variable Home Loan
Owner Occupier, Principal & Interest
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 6.00% p.a.
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First Home Buyer Home Loan (Advantage Plus)
Owner Occupier, Principal & Interest, LVR 80-90%
- Interest Rate
- 5.99% p.a. variable
- Comparison Rate
- 5.99% p.a.
-
Home Variable Rate
Owner Occupier, Principal & Interest
- Interest Rate
- 6.00% p.a. variable
- Comparison Rate
- 6.00% p.a.
Green Home Loan
Sustainable homes are growing in popularity as more and more Aussies are leading a greener lifestyle. Loans considered for this award must only be available to homes that have been certified with a minimum level of environmental efficiency, and of these, our Experts calculated the loans with the lowest costs.
Congratulations to:
Bank Australia
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Clean Energy Home Loan - Renovate
Owner Occupier, LVR<90%
- Interest Rate
- 5.38% p.a.variable for 60 months and then 6.13% p.a. variable
- Comparison Rate
- 6.13% p.a.
Investor Home Loan
Investment loans tend to have higher interest rates, so it’s important to shop around when looking for a lender. This year’s award assessed the products available for investors that offered both principal & interest and interest only as an option. The winners below were found to be the lowest cost options.
Congratulations to:
Bank Australia, Bank of China, Bank of us, Easy Street, Gateway Bank, Greater Bank, HSBC, Hume Bank, ME, MOVE Bank, Newcastle Permanent, and Queensland Country Bank
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Low Rate Essentials Home Loan
LVR<80%, Investment
- Interest Rate
- 6.26% p.a. variable
- Comparison Rate
- 6.28% p.a.
-
Discounted Home Value Loan
Investment, Principal & Interest, LVR 70-80%
- Interest Rate
- 6.29% p.a. variable
- Comparison Rate
- 6.29% p.a.
-
Offset Home Loan Special Offer
Investment, Principal & Interest, LVR <80%
- Interest Rate
- 6.19% p.a. variable
- Comparison Rate
- 6.52% p.a.
-
Basic Home Loan
Investment, LVR<80%, Principal and Interest, >$400,000
- Interest Rate
- 6.24% p.a. variable
- Comparison Rate
- 6.26% p.a.
-
Special Real Deal Home Loan
LVR<80%, Investment, Principal & Interest
- Interest Rate
- 6.19% p.a. variable
- Comparison Rate
- 6.24% p.a.
-
Flexichoice Home Loan
Investment, LVR<80%
- Interest Rate
- 6.34% p.a. variable
- Comparison Rate
- 6.37% p.a.
-
Discount Home Loan
Investor, Principal & Interest, LVR <80%
- Interest Rate
- 6.18% p.a. variable
- Comparison Rate
- 6.35% p.a.
-
Discount Plus Home Loan
Investor, Principal & Interest, LVR <80%
- Interest Rate
- 6.18% p.a. variable
- Comparison Rate
- 6.54% p.a.
-
Discount Great Rate Home Loan
Investment, LVR<80%, over $150k, Principal & Interest
- Interest Rate
- 6.24% p.a. variable
- Comparison Rate
- 6.26% p.a.
-
Ultimate Home Loan Special (Package)
Investment, Principal & Interest, LVR<80%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.44% p.a.
-
liteBlue Rate Variable Home Loan
Investor, Principal & Interest, LVR 60-80% LVR
- Interest Rate
- 6.24% p.a. variable
- Comparison Rate
- 6.25% p.a.
-
Street Smart Variable Home Loan
Interest Only
- Interest Rate
- 6.49% p.a. variable
- Comparison Rate
- 6.27% p.a.
-
Everyday Home Loan
Investor, LVR <80%
- Interest Rate
- 6.09% p.a. variable
- Comparison Rate
- 6.14% p.a.
Investor Fixed Home Loan
For this award, we identified the lenders with the lowest costs over a range of fixed terms for investors. We assessed loan options, calculating the annual cost of each fixed rate term offered, averaging the three best results. The calculation was performed using rates applicable to both principal & interest and interest only loans.
Congratulations to:
Australian Mutual Bank, Bank Australia, Easy Street, Greater Bank, HSBC, Hume Bank, Newcastle Permanent, and The Mutual Bank
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Fixed Rate Home Loan (Home Loan Package)
Investment, Principal & Interest, LVR <80%
- Interest Rate
-
5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.65% p.a.
-
Basic Home Loan
Fixed, Investment, Principal & Interest, LVR <80%
- Interest Rate
-
5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.27% p.a.
-
Fixed Offset Home Loan
Investment, Principal & Interest, LVR <80%
- Interest Rate
-
5.94% p.a.
fixed 3 years
- Comparison Rate
- 6.54% p.a.
-
Special Discounted Fixed Rate Home Loan
Investment, Principal & Interest, LVR <80%
- Interest Rate
-
5.79% p.a.
fixed 3 years
- Comparison Rate
- 7.96% p.a.
-
Special Fixed Rate Home Loan (Premium Plus Package)
Investor, Principal & Interest, LVR <80%
- Interest Rate
-
5.69% p.a.
fixed 3 years
- Comparison Rate
- 7.74% p.a.
-
Investment Fixed Rate Home Loan (Fixed)
Investment
- Interest Rate
-
5.59% p.a.
fixed 3 years
- Comparison Rate
- 6.63% p.a.
-
Great Rate Home Loan
Fixed, Investment, Principal & Interest
- Interest Rate
-
5.79% p.a.
fixed 3 years
- Comparison Rate
- 7.53% p.a.
-
myBlue Fixed Rate Home Loan
Investor, Principal & Interest, LVR 60-80%
- Interest Rate
-
5.84% p.a.
fixed 3 years
- Comparison Rate
- 6.20% p.a.
-
Fixed Home Loan
Investment, Principal & Interest
- Interest Rate
-
5.64% p.a.
fixed 3 years
- Comparison Rate
- 5.97% p.a.
-
Fixed Rate Home Loan (Package)
Investment
- Interest Rate
-
5.79% p.a.
fixed 3 years
- Comparison Rate
- 7.77% p.a.
What are the Mozo Experts Choice Awards?
Now in their twelfth year, the Mozo Experts Choice Awards present an opportunity to recognise products in the market we believe offer great value to Australians.
For the 2025 Home Loan awards, our Experts considered thousands of rate variants across 444 home loans from 97 lenders head to head.
“With inflation and interest rate movement a hot topic, finding the best value home loan for your needs is more important than ever,” said Peter Marshall, Mozo Experts Choice Awards judge.
“Aussie home owners have endured what seems like an endless amount of rate hikes, so it only makes sense for them to search out the best mortgage deals. After all, finding a lower rate could knock thousands off over the life of a mortgage.”
For full details on how we crunched the numbers, the awards criteria and how we determined the winners, see the 2025 Mozo Experts Choice Awards for Home Loans methodology report.
Our Expert Judges
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
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AJ Duncanson
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Peter Marshall
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Meredith Allan
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George Hirst
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Rumpa Saha
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Afia Asha
FAQs
What’s the Judging Criteria for the Mozo Experts Choice Awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our 2025 Mozo Experts Choice Awards for Home Loans methodology report for detailed information on how we performed product comparisons and determined the final winners for 2025.
How do I choose the best home loan for me?
There is a reason why there are so many different categories of Mozo Experts Choice Awards for Home Loans. When you’re looking for a home loan you’ll want to think carefully about your options. The loan you land on will need to take into account your deposit size, the repayment term you’re keen on, whether you want to go with a fixed or variable rate, if you want an offset account, and much more.
If you’d like to learn more about the key features of home loans and the types of loans that are available, check out our range of helpful home loan guides. And if you’re looking for more insight into this year’s winning loans and other great options, read our take on the best home loans in Australia right now.
What is the typical length of a mortgage?
In Australia, the most common length of a mortgage is 25 or 30 years. However, borrowers may be able to select a shorter loan term as long as they can afford to meet the repayments and as interest rates are rising we are seeing the introduction of 35 year home loans.
If you're opting for an interest-only home loan, lenders will generally only let you take out this loan for a limited time period (usually a maximum of 5 years). After this time, you'll be moved across to paying off an interest and principal loan for the remainder of the mortgage unless you negotiate a different deal with your lender.
Am I eligible for a home loan?
There are heaps of home loans on offer designed to cater to a wide variety of borrowers and their needs. That means that if you’re over 18 years old and an Australian citizen or resident, chances are you’ll be able to find a mortgage suitable for you.
The best home loan rates are often reserved for the best quality borrowers, who are usually defined by the deposit size they can commit and the type of loan they’re after.
Owner occupiers – aka people who plan to live in the home they’re purchasing – with a solid deposit (usually at least 20% of the value of the property) looking for a principal and interest loan can generally access the lowest rates. By contrast, investor borrowers and those after an interest-only home loan may find they have to pay higher interest rates.
Lenders also look at a number of factors including your credit history, your income, your regular expenses, other financial commitments, and how much you’re hoping to borrow when deciding your reliability as a borrower.
How are home loan repayments calculated?
There are two different types of home loan repayments: interest-only and principal and interest. The option you select will make a difference to your monthly repayments.
Interest-only
An interest-only home loan is just what it sounds like – your monthly repayments will only be paying off the interest you owe, and not chipping away at your principal loan amount. While this means your monthly repayments will be lower, it also means you’ll wind up with the lump loan amount to pay off at a later date.
The other thing to remember is that usually, an interest-only term lasts for up to 5 years. After that, your lender may let you roll over into another interest-only term, or you might have to start making principal and interest repayments.
Principal and interest loans
This is what’s called an amortising loan, which means your bank has done the math so that if you pay the same amount each month toward your loan, by the end of the loan term you’ll have paid off all the interest, along with the initial loan principal.
This means your monthly repayments will be higher than with an interest-only loan. But at the end of the day, you’ll need to repay the loan principal at some point, and this might be easier to do in small chunks than larger repayments down the line, or as a lump sum at the end.
What is a comparison rate?
A home loan comparison rate is shown right beside the interest rate in all the tables at Mozo, and is designed to help you get an accurate idea of the ‘true’ cost of a home loan. It takes into account both interest and guaranteed fees that apply to a loan.
There are a lot of different home loans options out there, but when you compare based on the comparison rate, you know you’re looking at different options on equal footing.
One thing to remember is that the comparison rate can’t reflect things like offset accounts or other features that might save you money. So while it’s an important part of home loan comparison, it’s not the only thing you need to consider.
Did you compare all home loans in the market for these awards?
We aim to include most home loans in the market in the Mozo Experts Choice Awards. However, not every financial institution or product on the market will be included in our review. Any product we review must be available in the market at the time of our analysis.
Who are the Mozo Experts?
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Mozo's Financial Services Specialist he contributes to the team of analysts that gather information and compare products every day, and oversees the calculations and data quality used for producing the Mozo Experts Choice Awards.
I work for a winning provider, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.