7 best value home loans of Spring 2017
07 Sep 2017

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:
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loans.com.au Essentials Variable 80
3.64% variable interest rate (3.66% comparison rate)
No monthly fees ($520 upfront fee applies)
Flexible features like free extra repayments and redraw
Option to split your loan between fixed and variable rates
How do I get it?
This super low rate is available to owner occupier purchasers and refinancers borrowing up to $2 million, with a 20% deposit.
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HSBC Discounted Home Value Loan
3.65% variable rate (3.66% comparison rate)
$0 application or ongoing fees
Free extra repayments and redraw, plus split rate option
Your own personal relationship manager
How do I get it?
Owner occupiers can snap up this super competitive big bank home loan with as little as 10% deposit, for loan amounts of up to $7.5 million.
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State Custodians Low Rate Home Loan with Offset
3.69% variable rate (3.72% comparison rate)
$0 application or ongoing fees (valuation fee applies)
Free offset account, extra repayments and redraw facility
Mozo Experts Choice Offset Home Loan Award winner
How do I get it?
This great value non-bank home loan ticks all the boxes and is on offer to owner occupiers borrowing up to $2 million with a 20% deposit.
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UBank UHomeLoan - Discount Offer
3.74% variable rate (3.74% comparison rate)
$0 upfront or ongoing fees
Save with free extra repayments, redraw facility and split rate option
Track your application progress with the dedicated app
How do I get it?
This Mozo Experts Choice multi-award winning loan is available to owner occupiers with a 20% deposit, for loan amounts of up to $2 million.
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NAB Base Variable Rate Home Loan
Borrow with just 5% deposit
4.17% variable rate (4.21% comparison rate)
No ongoing fees (upfront fees of $600 apply)
Free extra repayments and redraw
How do I get it?
Owner occupier borrowers can qualify for this Big 4 Bank loan with as little as 5% deposit, for loans of $20,000 or more.
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CUA Advance Variable Home Loan
3.74% variable rate (3.75% comparison rate)
$0 application or monthly fees
Offset account, free extra repayments and redraw facility
Option to split your loan between fixed and variable rates
How do I get it?
Owner occupiers borrowing up to 90% of the property's value can snap up this loan for loan amounts of up to $5 million.
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Newcastle Permanent Discounted Variable Home Loan
3.64% variable rate (4.03% comparison rate)
No upfront fees ($395 annual fee applies)
Full offset account plus free extra repayments and redraw
Chance to take a repayment holiday
How do I get it?
This Mozo Experts Choice Award-winning home loan is available to owner occupier borrowers with a 20% deposit.
Want to compare more home loans?
View the latest mortgage rates from 80 lenders at Mozo's home loan comparison hub.
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