Crush your mortgage in 2019 with these top value home loans

Our verdict

Popular online lender loans.com.au is a perennial award winner, and with offerings like the brand new Smart Home Loan it's not hard to see why. This ultra low rate, low fee home loan is packed with useful features like free redraw, the ability to make free extra repayments and a split loan option. loans.com.au actually took out the Mozo Experts Choice Award for its Essentials Variable 80 loan, but the new Smart Home Loan has an even lower rate and all the same great features as the Essentials, so we'd be crazy not to review it here.

Where do I get it? Head over to loans.com.au to find out more >>

Our verdict

With a low interest rate, no fees to apply and no annual service fee, the UBank UHomeLoan is a great budget-friendly option for refinancers that comes with the security of being backed by NAB. The competitively low variable and comparison rate is available for loans of $200,000 plus with a minimum deposit or 20% or more, and you can choose monthly, fortnightly or weekly repayments to suit your budget. No wonder it was a slam dunk for a Best Low Cost Home Loan Award.

Where do I get it? Head over to UBank to find out more >>

Want a low rate home loan with all the flexible features you'd expect from a bank? Then take a look at ME Bank's Flexible Home Loan Member Package. For an annual fee of $395, you'll enjoy a discounted rate for the life of your loan, the freedom to split your loan between variable and fixed rates, free redraw and a 100% offset account to help you save even more. And if you need help with the loan process, ME's home loan specialists will meet you at a time and place that suits you.

Where do I get it? Head over to ME to find out more >>

Our verdict

As one of Australia's oldest non-bank lenders, Homestar knows how to do affordable home loans. The new Star Essentials Home Loan is no exception, boasting one of the lowest variable rates on the market and a number of handy features including unrestricted extra repayments, free online redraws and a split loan option. If you're an owner occupier with at least 20% deposit, the Star Essentials loan offers plenty to get excited about. 

Where do I get it? Head over to Homestar to find out more >>

Our verdict

HSBC has come out with a superb value home loan here, winning awards for Low Cost Home Loan and First Home Buyer Loan. Not only will you snag a super low interest rate that's discounted for the life of the loan, you'll also pay no application or service fees. Handy features include free extra repayments, a redraw facility and the option to split your loan between fixed and variable rates, plus you'll get a dedicated relationship manager to help you with the application process.

Where do I get it? Head over to HSBC to find out more >>

Our verdict

Want to lock in an ultra low home loan rate but loathe the hassle of a long home loan application process? Calling UBank to the rescue! The UBank 1 year fixed rate UHomeLoan could be a great choice for borrowers who like the stability of a fixed rate and a super-speedy application process. It comes with conveniently flexible repayment options and the ability to make free extra repayments up to $20,000 each year so you can pay off your loan faster. 

Where do I get it? Head over to UBank to find out more >>

Our verdict

If you’re serious about scoring a great home loan, the Newcastle Permanent Real Deal Home Loan is one to look twice at. Featuring a low variable rate, no upfront application or ongoing service fees and plenty of flexible features like the option to make free extra repayments, split your loan between fixed and variable rates and use a partial offset account, it’s hard to go past.

Where do I get it? Head over to Newcastle Permanent to find out more >>