How to borrow with a 5 to 10% deposit

Looking to make your first move into the property market? A low deposit home loan could be your ticket to home ownership. If you've got a 5% or 10% deposit saved up, you'll be relieved to hear that plenty of lenders are still offering competitive low deposit home loans to first home buyers. 

Compare home loans that require just a 5% or 10% percent deposit using the table below, and find out how you can buy that first property faster.

Low Deposit Home Loan Comparisons

Rates updated daily. Advertiser disclosure.

• 

  " style="width:60px;">

  Mozo experts choice awards won:

  • Offset Home Loan - 2021

  For more information about these awards go to the link at the bottom of this table.

  interest
  rate

  2.52% p.a. variable

  comparison
  rate

  2.55% p.a.

  Initial monthly
  repayment

  $1234

  Product details Close details

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  Mozo experts choice awards won:

  • Offset Home Loan - 2021

  For more information about these awards go to the link at the bottom of this table.

  Well Balanced

  Owner Occupier, Principal & Interest, LVR <90%

  interest
  rate

  2.52% p.a. variable

  comparison
  rate

  2.55% p.a.

  Initial monthly
  repayment

  A great value low rate home loan for variable owner occupiers. Free extra repayments and free redraw facility. No ongoing fees. Option for a split account available. Up to 90% LVR. Winner of the Offset Home Loan Expert's Choice Award for 2021.

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  Well Balanced

  A great value low rate home loan for variable owner occupiers. Free extra repayments and free redraw facility. No ongoing fees. Option for a split account available. Up to 90% LVR. Winner of the Offset Home Loan Expert's Choice Award for 2021.

  • Ongoing fees

    $0.00

  • Discharge Fee

    $300.00

  • Extra repayments

    yes - free

  • Redraw facility

    yes - free

  • Offset account

    Optional - $10 per month

  • upfront fees

    $785

  • interest rate

    2.52% p.a. variable

  • comparison rate

    2.55% p.a.

  • upfront fees

    $785

  • Maximum loan to value ratio

    90.00%

  • minimum borrowing amount

    $200,000

  • maximum borrowing amount

    $2,000,000

  • type of mortgage

    Variable

  • Repayment types

    Principal & Interest

  • Availability

    Owner Occupier

  • Repayment options

    Weekly, Fortnightly, Monthly

  • Special Offers

  Read our Mozo Review to learn more about the Well Balanced

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• 

  interest
  rate

  2.47% p.a.
  fixed 3 years

  comparison
  rate

  2.71% p.a.

  Initial monthly
  repayment

  $1234

  Product details Close details

  Go to site
  

  Fixed Home Loan

  Owner Occupier, Principal & Interest, LVR <95%

  interest
  rate

  2.47% p.a.
  fixed 3 years

  comparison
  rate

  2.71% p.a.

  Initial monthly
  repayment

  The IMB Fixed Rate Home Loan gives you peace of mind with the security of fixed loan repayments. You can also pay up to 12 months repayments in advance without penalty.

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  Fixed Home Loan

  The IMB Fixed Rate Home Loan gives you peace of mind with the security of fixed loan repayments. You can also pay up to 12 months repayments in advance without penalty.

  • Ongoing fees

    $6.00 monthly

  • Discharge Fee

    $350.00

  • Extra repayments

    yes - free up to 1 year in advance

  • Redraw facility

    yes - free

  • Offset account

    no

  • upfront fees

    $799

  • interest rate

    2.47% p.a.
    fixed 3 years

  • comparison rate

    2.71% p.a.

  • upfront fees

    $799

  • Maximum loan to value ratio

    95.00%

  • minimum borrowing amount

    $10,000

  • maximum borrowing amount

    $5,000,000

  • type of mortgage

    Fixed

  • Repayment types

    Principal & Interest

  • Availability

    Owner Occupier

  • Repayment options

    Weekly, Fortnightly, Monthly

  • Special Offers

  Read our Mozo Review to learn more about the Fixed Home Loan

  Go to site

  Details Close

• 

  " style="width:60px;">

  Mozo experts choice awards won:

  • Offset Home Loan - 2021

  For more information about these awards go to the link at the bottom of this table.

  interest
  rate

  2.87% p.a. variable

  comparison
  rate

  2.90% p.a.

  Initial monthly
  repayment

  $1234

  Product details Close details

  Go to site
  

  

  Mozo experts choice awards won:

  • Offset Home Loan - 2021

  For more information about these awards go to the link at the bottom of this table.

  Well Balanced

  Investor, Principal & Interest, LVR <90%

  interest
  rate

  2.87% p.a. variable

  comparison
  rate

  2.90% p.a.

  Initial monthly
  repayment

  Low variable rate home loan for Investors up to 90% LVR with no ongoing fees, free extra repayments and redraw facilities. Winner of the Offset Home Loan Expert's Choice Award for 2021.

  Go to site

  Well Balanced

  Low variable rate home loan for Investors up to 90% LVR with no ongoing fees, free extra repayments and redraw facilities. Winner of the Offset Home Loan Expert's Choice Award for 2021.

  • Ongoing fees

    $0.00

  • Discharge Fee

    $300.00

  • Extra repayments

    yes - free

  • Redraw facility

    yes - free

  • Offset account

    Optional - $10 per month

  • upfront fees

    $785

  • interest rate

    2.87% p.a. variable

  • comparison rate

    2.90% p.a.

  • upfront fees

    $785

  • Maximum loan to value ratio

    90.00%

  • minimum borrowing amount

    $200,000

  • maximum borrowing amount

    $2,000,000

  • type of mortgage

    Variable

  • Repayment types

    Principal & Interest

  • Availability

    Investor

  • Repayment options

    Weekly, Fortnightly, Monthly

  • Special Offers

  Read our Mozo Review to learn more about the Well Balanced

  Go to site

  Details Close