Loans.com.au trim up to 0.60% off select home loan rates
08 Aug 2019
It’s been over a month since the RBA reduced the official cash rate to 1.00%, but the rate cuts keep coming.
Online lender loans.com.au recently slashed a host of fixed and variable rate home loan rates for owner occupiers and investors by up to 60 basis points. This follows the decision by loans.com.au to pass on the full July RBA cut to many of its variable rate loans last month.
Among the largest rate reductions, the Fixed Home Loan 3 year rate for owner occupiers making interest only repayments was slashed by 60 basis points to 3.54% (3.51% comparison rate*). Meanwhile, the Fixed Home Loan 3 year fixed term rate for investors was reduced by 55 basis points to 3.79% (3.83% comparison rate*).
Check out some of the loans.com.au home loan offers below which were part of the cuts.
loans.com.au Essentials Variable 90

Rates from 3.19% (3.21% comparison rate*)
No application or ongoing service fee
Free extra repayments and redraw facility
With interest rates as low as 3.19% (3.21% comparison rate*) for owner occupiers, the Essentials Variable home loan lives up to its name as a low rate, no frills option. The Essentials Variable isn’t only for owner occupiers though, as the latest rate cuts from loans.com.au mean that investors making principal and interest payments can snag this offer with rates from just 3.64% (3.66% comparison rate*). What’s more, there are no application or ongoing service fees and borrowers will be able to take advantage of free extra repayments and redraw facility.
loans.com.au Fixed Home Loan

3.19% (3.43% comparison rate*) 3 year fixed rate
$0 annual fee
Free extra repayments up to $10,000 per year
The Fixed Home Loan from loans.com.au comes with a number of competitive 1, 2 and 3 year fixed rate options for all kinds of borrowers. Owner occupiers making principal and interest repayments can enjoy a competitive 3 year fixed rate offer from just 3.19% (3.43% comparison rate*), while investors making principal and interest repayments will be able to grab a freshly reduced 3 year fixed rate of 3.59% (3.79% comparison rate*). Add in no annual fees and free extra repayments (up to $10,000 a year) and this could be a fixed rate offer worth comparing.
loans.com.au Smart Home Loan with Offset 80

Interest rates from 3.27% (3.29% comparison rate*)
Free offset account and extra repayments
$0 ongoing service fees
Looking for a home loan that offers that little bit extra? Aside from owner occupier rates starting from as little as 3.27% (3.29% comparison rate*), borrowers wanting to reduce their repayments will be able to take advantage of a free offset account and unlimited free extra repayments. The Offset Variable home loan isn’t limited to owner occupiers though, as investors will able to take out a 3.72% rate (3.74% comparison rate*) loan with an LVR below 80% or a rate of 3.94% (3.96% comparison rate*) for loans with an LVR 80-90%.
^See information about the Mozo Experts Choice Home loans Awards
Ready to expand your horizons by comparing even more fixed and variable rates home loan offers? Whether you’re an investor or an owner occupier, Mozo’s handy home loan comparison tables could be a great place to view a range of rates all in one place.
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