Crazy RBA home loan rate cuts continue
Mozo
12 Sep 2019
It’s been over two months since the Reserve Bank lowered the official cash rate to 1.00%, but the crazy home loan rate cuts just keep on coming.
Online lenders loans.com.au, Tic:Toc and UBank are amongst the latest to slash variable rates again, offering potential savings of tens of thousands of dollars for borrowers who are prepared to compare and switch. The banks are also responding, with ANZ, Suncorp and BoQ all offering discounted home loan rate specials right now.
So if you’ve been holding out for the right home loan, here are some of the top variable and fixed rate loans currently on the market to get your search off to a smashing start.
LOW RATE HOME LOAN COMPARISONS - rates updated daily
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Promoted
loans.com.au2.88% p.a. variableApply now to get this rate from 17 Oct
2.90% p.a.Apply now to get this rate from 17 Oct
$1234
Product details Close detailsloans.com.auSmart Home Loan
Owner Occupier, Principal & Interest
2.88% p.a. variableApply now to get this rate from 17 Oct
2.90% p.a.Apply now to get this rate from 17 Oct
A low-rate home loan that could save you thousands. No application or ongoing fees. Unlimited additional repayments. Unlimited free redraws with no minimum redraw amount, Limited time only.
Smart Home Loan
A low-rate home loan that could save you thousands. No application or ongoing fees. Unlimited additional repayments. Unlimited free redraws with no minimum redraw amount, Limited time only.
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2.88% p.a. variableApply now to get this rate from 17 Oct
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2.90% p.a.Apply now to get this rate from 17 Oct
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$520
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$0.00
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$0.00
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yes - free
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yes - free
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no
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80.00%
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$50,000
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$1,000,000
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Smart Home Loan
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Promoted
UBank
2.84% p.a. variableApply now to get this rate from 29 Oct
2.84% p.a.Apply now to get this rate from 29 Oct
$1234
Product details Close detailsUBank UHomeLoan - Discount Offer
Owner Occupier, Principal & Interest
2.84% p.a. variableApply now to get this rate from 29 Oct
2.84% p.a.Apply now to get this rate from 29 Oct
Rate drop to a super low 2.84% p.a. variable effective on 29/10/2019. Current rate from 3.09% p.a. variable. Free redraw with flexible repayments. Min 20% deposit. Winner of a Mozo Experts Choice Award 2019 in the Low Cost Home Loan category^.
UHomeLoan - Discount Offer
Rate drop to a super low 2.84% p.a. variable effective on 29/10/2019. Current rate from 3.09% p.a. variable. Free redraw with flexible repayments. Min 20% deposit. Winner of a Mozo Experts Choice Award 2019 in the Low Cost Home Loan category^.
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2.84% p.a. variableApply now to get this rate from 29 Oct
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2.84% p.a.Apply now to get this rate from 29 Oct
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$0
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$0.00
-
$0.00
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yes - free
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yes - free
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no
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80.00%
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$200,000
-
-
-
Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the UHomeLoan - Discount Offer
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Promoted
Athena2.84% p.a. variable
2.80% p.a.
$1234
Product details Close detailsAthenaVariable Home Loan
Owner Occupier, Principal & Interest
2.84% p.a. variable
2.80% p.a.
Get the rate cut you deserve from one of Australia's newest direct lenders. For the third time this year the full cut has been passed on to all customers. The same low rates for new and existing customers. No fees and fee-free redraw. Refinance only. Min 20% deposit.
Variable Home Loan
Get the rate cut you deserve from one of Australia's newest direct lenders. For the third time this year the full cut has been passed on to all customers. The same low rates for new and existing customers. No fees and fee-free redraw. Refinance only. Min 20% deposit.
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2.84% p.a. variable
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2.80% p.a.
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$0
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$0.00
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$0.00
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yes - free
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yes - free
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no
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80.00%
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$100,000
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$2,000,000
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Variable Home Loan
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Promoted
ME3.34% p.a. variable
3.78% p.a.
$1234
Product details Close detailsMEFlexible Home Loan Member Package
Owner Occupier, LVR less than 80%, Principal & Interest
3.34% p.a. variable
3.78% p.a.
A flexible Home Loan with Member Package for Owner Occupiers including a low rate, redraw and offset. Annual fee $395.
Flexible Home Loan Member Package
A flexible Home Loan with Member Package for Owner Occupiers including a low rate, redraw and offset. Annual fee $395.
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3.34% p.a. variable
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3.78% p.a.
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$200
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$395.00 yearly
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$350.00
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yes - free
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yes - free
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yes
-
80.00%
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$400,000
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$699,999
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Flexible Home Loan
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Promoted
Newcastle Permanent 3.32% p.a. variable
3.36% p.a.
$1234
Product details Close detailsNewcastle Permanent Special Real Deal Home Loan
Owner Occupier, Principal & Interest
3.32% p.a. variable
3.36% p.a.
Free extra repayments. No application or service fees. Only 10% deposit needed. Winner of a Mozo Experts Choice Award 2019 for the First Home Buyer Loan and Investor Home Loan categories.^
Special Real Deal Home Loan
Free extra repayments. No application or service fees. Only 10% deposit needed. Winner of a Mozo Experts Choice Award 2019 for the First Home Buyer Loan and Investor Home Loan categories.^
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3.32% p.a. variable
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3.36% p.a.
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$0
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$0.00
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$0.00
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yes - free
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yes - fees apply
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yes - partial only
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90.00%
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$150,000
-
-
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Special Real Deal Home Loan
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Promoted
HSBC 3.02% p.a. variableApply now to get this rate from 21 Oct
3.04% p.a.Apply now to get this rate from 21 Oct
$1234
Product details Close detailsHSBC Discounted Home Value Loan
Owner Occupier, Principal & Interest
3.02% p.a. variableApply now to get this rate from 21 Oct
3.04% p.a.Apply now to get this rate from 21 Oct
Unlimited free extra repayments and no ongoing service fees when you apply by 30 November 2019 (T&C’s apply). Get help with the application process with an HSBC relationship manager. Winner of a Mozo Experts Choice Award 2019 in the Low Cost Home Loan category.^
Discounted Home Value Loan
Unlimited free extra repayments and no ongoing service fees when you apply by 30 November 2019 (T&C’s apply). Get help with the application process with an HSBC relationship manager. Winner of a Mozo Experts Choice Award 2019 in the Low Cost Home Loan category.^
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3.02% p.a. variableApply now to get this rate from 21 Oct
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3.04% p.a.Apply now to get this rate from 21 Oct
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$150
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$0.00
-
$300.00
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yes - free
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yes - free online
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no
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80.00%
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$50,000
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$7,500,000
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Discounted Home Value Loan
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Promoted
Well Home Loans 2.82% p.a. variable
2.86% p.a.
$1234
Product details Close detailsWell Home Loans Well Balanced
Owner Occupier, Principal & Interest, LVR <80%
2.82% p.a. variable
2.86% p.a.
Well Balanced home loan is a low rate home loan with free online redraw and no valuation fee. Purchase, Refinance or Equity Release purposes allowed. Best New Home Loan in Mozo Experts Choice Awards 2019.^
Well Balanced
Well Balanced home loan is a low rate home loan with free online redraw and no valuation fee. Purchase, Refinance or Equity Release purposes allowed. Best New Home Loan in Mozo Experts Choice Awards 2019.^
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2.82% p.a. variable
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2.86% p.a.
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$785
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$0.00
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$300.00
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yes - free
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yes - free
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Optional - $10 per month
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80.00%
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$200,000
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$2,000,000
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Well Balanced
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Promoted
Bank of Queensland2.99% p.a.
fixed 3 years3.79% p.a.
$1234
Product details Close detailsBank of QueenslandDiscount Fixed Rate 300k+
Owner Occupier, Principal & Interest
2.99% p.a.
fixed 3 years3.79% p.a.
Minimum loan amount of $300k. 20% deposit needed. Free additional repayments up to $5,000 per year.
Discount Fixed Rate 300k+
Minimum loan amount of $300k. 20% deposit needed. Free additional repayments up to $5,000 per year.
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2.99% p.a.
fixed 3 years -
3.79% p.a.
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$450
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$10.00 monthly
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$320.00
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yes - free up to $5,000 p.a
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no
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no
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80.00%
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$300,000
-
-
-
Fixed
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Discount Fixed Rate 300k+
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Promoted
IMB Bank3.31% p.a. variable
3.37% p.a.
$1234
Product details Close detailsIMB BankBudget Home Loan
LVR<90%, Owner Occupier, Principal & Interest
3.31% p.a. variable
3.37% p.a.
Start with only 10% minimum deposit. Unrestricted additional repayments and free redraw facility.
Budget Home Loan
Start with only 10% minimum deposit. Unrestricted additional repayments and free redraw facility.
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3.31% p.a. variable
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3.37% p.a.
-
$799
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$0.00
-
$350.00
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yes - free
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yes - free
-
no
-
90.00%
-
$75,000
-
$5,000,000
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Variable
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Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Budget Home Loan
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Promoted
Homestar2.74% p.a. variable
2.77% p.a.
$1234
Product details Close detailsHomestarStar Essentials Home Loan
Owner Occupier, Principal & Interest
2.74% p.a. variable
2.77% p.a.
One of the lowest home loan rates in town packed with essential features. No application or ongoing fees. Unlimited additional repayments with free online redraws. Min. loan size $150k, no construction loans.
Star Essentials Home Loan
One of the lowest home loan rates in town packed with essential features. No application or ongoing fees. Unlimited additional repayments with free online redraws. Min. loan size $150k, no construction loans.
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2.74% p.a. variable
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2.77% p.a.
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$596
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$0.00
-
$535.00
-
yes - free
-
yes - free
-
no
-
80.00%
-
$150,000
-
$850,000
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Variable
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Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Star Essentials Home Loan
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