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First Home Loans

  • The epic step of buying your first home is finally here. There are plenty of sweet home loans out there in the bustling home loan market that offer no ongoing fees, a low interest rate and let you borrow at least 90% of the property value. Start your search below.

  • What does loan to value ratio (LVR) mean?

    Loan to value ratio or LVR basically equates to how much deposit you have. For example if you're buying a $300,000 apartment, you should aim for a deposit of $60,000 (20% of the value of the property), which would make your LVR 80%. Generally, if your LVR is more than 80% , which it often is for first home buyers, you'll have to pay lenders mortgage insurance.

  • How do I choose a first home buyers home loan?

    Taking the plunge into the property market and investing in your future is exciting. But for mortgage newbies selecting the right home loan can be a bit of a daunting task. Take a glance at the table below to compare the variable and fixed rate home loans on offer right now for first home owners. Look for a home loan with a low application fee and no ongoing fees.

  • Can I apply for a first home owners loan online?

    Yes and it's never been easier! Click on one of the "go to site" buttons below to start your path to greater financial independence.

Home loan comparisons on Mozo - rates updated daily


    Platinum Home Loan

    Owner Occupied, LVR<90%

    • Join the big bank rebellion & pay NO application or valuation fees
    • Only 10% deposit required, 100% offset & redraw facilities
    • Award winning, customer owned banking


    3.87% p.a. variable


    3.97% p.a.



    initial monthly

Want more? Compare all 522 home loans in the Mozo comparison engine.

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*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

**Initial monthly repayment figures are estimates only, based on the advertised rate, loan amount and term entered. 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.

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