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. variable
2.90% p.a.
$1234
Product details Close detailsloans.com.auSmart Home Loan
Owner Occupier, Principal & Interest
2.88% p.a. variable
2.90% p.a.
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. variable
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2.90% p.a.
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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
-
$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. variable
2.84% p.a.
$1234
Product details Close detailsUBank UHomeLoan - Discount Offer
Owner Occupier, Principal & Interest
2.84% p.a. variable
2.84% p.a.
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
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. variable
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2.84% p.a.
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$0
-
$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
-
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 low rate you deserve with Athena, one of Australia's newest direct lenders. No fees and fee-free redraw. The same low rates for new and existing customers. Score loyalty bonus for making repayments. Min 20% deposit.
Variable Home Loan
Get the low rate you deserve with Athena, one of Australia's newest direct lenders. No fees and fee-free redraw. The same low rates for new and existing customers. Score loyalty bonus for making repayments. 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
-
$0.00
-
$0.00
-
yes - free
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yes - free
-
no
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80.00%
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$100,000
-
$2,000,000
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Variable
-
Principal & Interest
-
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
Tic:Toc 2.79% p.a. variable
2.80% p.a.
$1234
Product details Close detailsTic:Toc Variable Home Loan
Owner Occupier, Principal & Interest
2.79% p.a. variable
2.80% p.a.
Get full approval online. Award-winning platform could save you thousands with super-low rates. No application, valuation or settlement fees. Fee-free redraws and extra repayments. Optional offset account for $10 per month. Winner of a Mozo Experts Choice Award 2019 for Online Home Lender of the Year 2019.^
Variable Home Loan
Get full approval online. Award-winning platform could save you thousands with super-low rates. No application, valuation or settlement fees. Fee-free redraws and extra repayments. Optional offset account for $10 per month. Winner of a Mozo Experts Choice Award 2019 for Online Home Lender of the Year 2019.^
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2.79% p.a. variable
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2.80% p.a.
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$0
-
$0.00
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$325.00
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yes - free
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yes - free
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Optional - $10 per month
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90.00%
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$50,000
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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
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
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$535.00
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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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$150,000
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$850,000
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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 Star Essentials Home 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.
-
$785
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$0.00
-
$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
Queensland Country Credit Union3.49% p.a.
fixed 3 years3.90% p.a.
$1234
Product details Close detailsQueensland Country Credit UnionRateSaver
Investor, Interest Only, Fixed
3.49% p.a.
fixed 3 years3.90% p.a.
No Annual or Monthly Loan Maintenance Fees. Pay up to $10,000 in additional repayments each year. Borrow up to 90% LVR.
RateSaver
No Annual or Monthly Loan Maintenance Fees. Pay up to $10,000 in additional repayments each year. Borrow up to 90% LVR.
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3.49% p.a.
fixed 3 years -
3.90% p.a.
-
$500
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$0.00
-
$0.00
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yes - up to $10,000 per year
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no
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no
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90.00%
-
$100,000
-
$5,000,000
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Fixed
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Interest Only
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Investor
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the RateSaver
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Promoted
IMB Bank3.13% p.a. variable
3.19% p.a.
$1234
Product details Close detailsIMB BankBudget Home Loan
LVR 70-90%, Owner Occupier, Principal & Interest
3.13% p.a. variable
3.19% 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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3.13% p.a. variable
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3.19% p.a.
-
$799
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$0.00
-
$350.00
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yes - free
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yes - free
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no
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90.00%
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$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
CUA3.20% p.a. variable
3.25% p.a.
$1234
Product details Close detailsCUAAchieve Variable Home Loan
Owner Occupier, Principal & Interest
3.20% p.a. variable
3.25% p.a.
No annual or monthly account keeping fees. Enjoy the flexibility of being able to make unlimited extra repayments without penalty. Borrow up to 90% of the property value.
Achieve Variable Home Loan
No annual or monthly account keeping fees. Enjoy the flexibility of being able to make unlimited extra repayments without penalty. Borrow up to 90% of the property value.
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3.20% p.a. variable
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3.25% p.a.
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$835
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$0.00
-
$500.00
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yes - free
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yes - free
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yes - partial up to $15,000 maximum
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90.00%
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$100,000
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$249,999
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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 Achieve Variable Home Loan
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Promoted
Bank of Queensland2.99% p.a.
fixed 3 years3.72% p.a.
$1234
Product details Close detailsBank of QueenslandDiscount Fixed Rate 300k+
Owner Occupier, Principal & Interest
2.99% p.a.
fixed 3 years3.72% 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 -
3.72% p.a.
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$450
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$10.00 monthly
-
$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
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-
-
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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