A record new RBA cut... is your lender giving you the best deal?
01 Oct 2019
The RBA's June and July rate cuts saw the big four banks pass on most of the savings, and fresh off the heels of the October 1st slash, there's no better time to see what's out there in the crazy world of home loans.
So, whilst the economy is not performing its finest, it’s good news for homeowners and investors, as the likelihood of more rate cuts being passed by their lenders comes to fruition.
With several home loans on the Mozo database sitting well under 3.00%, you’ll find some of the lowest rates around that could potentially save you thousands over the life of your loan.
Got your sights set on saving yourself some money when it comes to your mortgage? Well, there's no hotter time than now to compare, switch and save yourself a small fortune along the way. Chop, chop!
Compare our hottest home loans below: - rates updated daily
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Promoted
Macquarie2.54% p.a.
2.81% p.a.
$1234
Product details Close detailsMacquarieOffset Home Loan Package
Owner Occupier, LVR<70%, Principal & Interest
2.54% p.a.
2.81% p.a.
Handy offset account to help pay your home loan off sooner. Up to 10 offset accounts per loan account available. Fee free access at ATMs. Waived credit card annual fee. $0 international purchase fees.
Offset Home Loan Package
Handy offset account to help pay your home loan off sooner. Up to 10 offset accounts per loan account available. Fee free access at ATMs. Waived credit card annual fee. $0 international purchase fees.
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2.54% p.a.
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2.81% p.a.
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$0
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$248.00 yearly
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$400.00
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yes - free
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yes - free
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yes
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70.00%
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$0
-
$150,000
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$5,000,000
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Variable
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Principal & Interest
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Owner Occupier
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Monthly
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Read our Mozo Review to learn more about the Offset Home Loan
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Promoted
loans.com.au
2.48% p.a.
2.50% p.a.
$1234
Product details Close detailsloans.com.au Smart Home Loan 80
Owner Occupier, Principal & Interest
2.48% p.a.
2.50% p.a.
A low-rate home loan that could save you thousands, with no ongoing fees plus unlimited extra repayments and free redraws. Mozo Experts Choice Low Cost Home Loan 2020.^ You'll need to be borrowing $1 million or less and have at least a 20% deposit required.
Smart Home Loan 80
A low-rate home loan that could save you thousands, with no ongoing fees plus unlimited extra repayments and free redraws. Mozo Experts Choice Low Cost Home Loan 2020.^ You'll need to be borrowing $1 million or less and have at least a 20% deposit required.
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2.48% p.a.
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2.50% 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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Optional - with 0.10% additional interest
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80.00%
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$520
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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 80
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Promoted
HSBC 2.59% p.a.
2.60% p.a.
$1234
Product details Close detailsHSBC Home Value Loan
Owner Occupier, Principal & Interest
2.59% p.a.
2.60% p.a.
No ongoing fees. Free extra repayments and online redraw. Mozo Experts Choice Split Home Loan 2020^
Home Value Loan
No ongoing fees. Free extra repayments and online redraw. Mozo Experts Choice Split Home Loan 2020^
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2.59% p.a.
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2.60% p.a.
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$150
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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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no
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80.00%
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$150
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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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-
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Promoted
Athena 2.34% p.a.
2.34% p.a.
$1234
Product details Close detailsAthena Celebrate Variable Home Loan
<60% LVR, Owner Occupier, Principal & Interest
2.34% p.a.
2.34% p.a.
Fast online application with no fees. Free extra repayments and redraw facility. Min 40% deposit. Crowned Best New Home Loan for 2020 by the Mozo Experts.^
Celebrate Variable Home Loan
Fast online application with no fees. Free extra repayments and redraw facility. Min 40% deposit. Crowned Best New Home Loan for 2020 by the Mozo Experts.^
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2.34% p.a.
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2.34% 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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60.00%
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$0
-
$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 Celebrate Variable Home Loan
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Promoted
Homestar 2.29% p.a.
2.32% p.a.
$1234
Product details Close detailsHomestar Star Essentials Home Loan
Owner Occupier, Principal & Interest
2.29% p.a.
2.32% p.a.
Low Cost Home Loan 2020 winner.^ A home loan packed with all the essentials and offering up to $1500 cashback and no ongoing fees. No Construction loans.
Star Essentials Home Loan
Low Cost Home Loan 2020 winner.^ A home loan packed with all the essentials and offering up to $1500 cashback and no ongoing fees. No Construction loans.
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2.29% p.a.
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2.32% p.a.
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$515
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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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$515
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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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Refinances receive up to $1,500 cashback or upfront fees waived on purchases for applications received by 31 October 2020 and settled by 31 January 2021.
Read our Mozo Review to learn more about the Star Essentials Home Loan
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Promoted
UBank 2.49% p.a.
2.49% p.a.
$1234
Product details Close detailsUBank UHomeLoan - Discount Offer
Owner Occupier, Principal & Interest
2.49% p.a.
2.49% p.a.
Enjoy a super low rate, $0 fees and easy application with the Mozo Experts Choice Home Lender Bank of the Year.^ Free redraw with flexible repayments. Min 20% deposit.
UHomeLoan - Discount Offer
Enjoy a super low rate, $0 fees and easy application with the Mozo Experts Choice Home Lender Bank of the Year.^ Free redraw with flexible repayments. Min 20% deposit.
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2.49% p.a.
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2.49% 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
-
80.00%
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$0
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$100,000
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-
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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 UHomeLoan - Discount Offer
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