The weather is warming up now that spring has arrived, and so is competition in the home loan market!
Home-buyers are spoilt for choice this season, with no less than 66 lenders offering up variable home loan rates below 4.00%. Which means those borrowers willing to spend some time shopping around can score big bargains.
To help you narrow down your options while still being sure to pick up the best value deal around, our Editors have compiled this list of their top home loan picks this spring season:
This Mozo Experts Choice Award-winning home loan is available to owner occupier borrowers with a 20% deposit.
*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for the amount and term you entered.
**Initial monthly repayment figures are estimates only, based on the advertised rate, and a loan of $500,000 repaid over 25 years. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.