Low 3.18% fixed three year rate (3.87% comparison rate*)
No application fees
Free extra repayments of up to $30,000 a year
With a competitive 3.18% fixed three year rate (3.87% comparison rate*) and the option to make weekly, fortnightly or monthly repayments, the ME Flexible Home Loan lives up to its name. Though there is no application fee, if you decide to add the package to your loan, ME Bank will also waive the valuation and settlement fees, which can help save you hundreds. There’s free extra repayments of up to $30,000 a year, plus the option to split your account, just in case you’d like a variable rate for a portion of your loan.
Most Aussies love to get a discount wherever they can and if you think your home loan is no different, then the HSBC Discounted Home Value Loan could be the pick for you. Borrowers will enjoy a low 3.27% variable rate (3.28% comparison rate*) and no ongoing fees over the life of the loan. With this multiple 2019 Mozo Expert Choice Award winner, you’ll be able to borrow with a 10% deposit and make free additional repayments and dip into these with a free redraw facility if you ever need the cash back.
Tic:Toc Variable Home Loan
Super low 2.99% variable rate (3.00% comparison rate*)
2019 Mozo Experts Choice Home Lender of the Year
Borrow with a 10% deposit
Another 2019 Mozo Expert Choice Award winner worth considering is Tic:Toc with its Variable Home Loan. And if its Home Lender of the Year title hasn’t peaked your interest, we’re sure the super low 2.99% variable rate (3.00% comparison rate*) will. If you’re a first home buyer, you’ll be happy to hear that you only need a 10% deposit (LMI applies). And aside from the one-off $325 discharge fee, there are no upfront or ongoing fees with this loan.
Zero fees and a competitive 3.32% variable rate (3.36% comparison rate*), this home loan is the real deal. No really, it’s the Newcastle Permanent Real Deal Home Loan. This low cost home loan features a flexible repayment schedule of either weekly, fortnightly or monthly repayments, plus free extra repayments, which can help you save interest. Borrow up to 90% of the property’s value and experience the security of a fixed rate with the split account option.
Suncorp Back to Basics Special
3.29% variable rate (3.30% comparison rate*)
Refinance special available, $1,500 cash back
First redraw per month is free
Sometimes it’s better to stick with the basics, so why not consider the Suncorp Back to Basics Home Loan. This loan comes with a 3.29% variable rate (3.30% comparison rate*) and no upfront or ongoing fees. There’s free extra repayments on offer and the first redraw at the start of every month is free! But what makes this loan a real treat is its refinance special. If you refinance more than $250,000 from an existing loan, you’ll receive $1,500 cash back. Though you’ll need to be quick, as this offer expires on September 30.
*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for the amount and term you entered.
**Initial monthly repayment figures are estimates only, based on the advertised rate, and a loan of $500,000 repaid over 25 years. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.