The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan up to with an LVR below 60%
The details shown below are for an owner occupier taking out a interest only loan up to with an LVR below 70%
The details shown below are for an owner occupier taking out a interest only loan up to with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 60%
The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 70%
The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 80%
The details shown below are for an investor taking out a interest only loan up to with an LVR below 60%
The details shown below are for an investor taking out a interest only loan up to with an LVR below 70%
The details shown below are for an investor taking out a interest only loan up to with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 60% | ||
| | Owner Occupier | Principal & Interest | 60%-70% | ||
| | Owner Occupier | Principal & Interest | 70%-80% | ||
| | Owner Occupier | Interest Only | < 60% | ||
| | Owner Occupier | Interest Only | 60%-70% | ||
| | Owner Occupier | Interest Only | 70%-80% | ||
| | Investor | Principal & Interest | < 60% | ||
| | Investor | Principal & Interest | 60%-70% | ||
| | Investor | Principal & Interest | 70%-80% | ||
| | Investor | Interest Only | < 60% | ||
| | Investor | Interest Only | 60%-70% | ||
| | Investor | Interest Only | 70%-80% |
Owner Occupier (Principal & Interest)
LVR < 60%
Loan:
Owner Occupier (Principal & Interest)
LVR 60%-70%
Loan:
Owner Occupier (Principal & Interest)
LVR 70%-80%
Loan:
Owner Occupier (Interest Only)
LVR < 60%
Loan:
Owner Occupier (Interest Only)
LVR 60%-70%
Loan:
Owner Occupier (Interest Only)
LVR 70%-80%
Loan:
Investor (Principal & Interest)
LVR < 60%
Loan:
Investor (Principal & Interest)
LVR 60%-70%
Loan:
Investor (Principal & Interest)
LVR 70%-80%
Loan:
Investor (Interest Only)
LVR < 60%
Loan:
Investor (Interest Only)
LVR 60%-70%
Loan:
Investor (Interest Only)
LVR 70%-80%
Loan:
As one of Australia’s newest home loan lenders, digital bank 86 400 has some seriously sharp rates on offer for borrowers through its Own Home Loan with variable rates starting from just 2.54% (2.82% comparison rate*) for 80% LVR and even lower rates up for grabs if you've saved up a bigger deposit. Add in the ability to reduce your repayments with multiple offset accounts and free extra repayments and this could really be a loan that will turn heads.
86 400 is one of Australia’s tech-leading neobanks, and the first to launch home loans to Australian borrowers. The result? Some seriously low rates, innovative features and a digital application process that could not only help you save time, but money as well.
Let’s dive in by looking at the Own Home Loan interest rates, which are based on a LVR tier system. For owner occupiers making principal and interest repayments on their loan:
86 400 has also included a bunch of handy loan features to help their borrowers stay on top of repayments. First of all, borrowers can use one or multiple 86 400 Pay and Save Accounts as offset accounts to reduce the size of the loan they’re making repayments on.
When it comes to repayment frequency, 86 400 give customers the flexibility to make their repayments on a schedule that suits them: either weekly, fortnightly or on a monthly basis.
Okay, so how about fees? There are a couple you’ll need to budget for, including a $250 loan advance fee and $250 annual fee. While 86 400 won’t charge a valuation fee for your property if the valuation comes to under $300, if it’s over that they’ll only cover the first $300.
The Own Home Loan from 86 400 could be a great value option for borrowers looking for a home loan which offers the combination of a low variable rate and the ability to open multiple offset accounts. As an app-only bank, 86 400 may also appeal to tech savvy Aussies who are looking for a way to streamline their finances.
Bear in mind that if you're after the lowest rates on offer, you'll need to have saved up a substantial 40% deposit; that said, even with a 20% deposit, you can still snag a low rate of 2.54% (2.82% comparison rate*).
Also, at the present time the 86 400 Own Home Loan is only available through brokers and not straight through the 86 400 app. That means if you’re interested you’ll need to head to the 86 400 website where they can match you up with a broker.
However, as you’d expect of a digital bank like 86 400, they’ve made applications and approvals as simple as possible by digitising the entire process. That means that you’ll be able to verify your ID, send through documents and provide your signature all online. Plus, 86 400 claim the whole process can be up to six times faster than that of the big banks.
2.39% p.a.
n/a
n/a
n/a
2.68% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
none
60.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.44% p.a.
n/a
n/a
n/a
2.73% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
60.00%
70.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.54% p.a.
n/a
n/a
n/a
2.82% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
70.00%
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.89% p.a.
n/a
n/a
n/a
2.83% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
none
60.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.99% p.a.
n/a
n/a
n/a
2.90% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
60.00%
70.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
3.14% p.a.
n/a
n/a
n/a
3.01% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
70.00%
80.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.59% p.a.
n/a
n/a
n/a
2.87% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
none
60.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.69% p.a.
n/a
n/a
n/a
2.97% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
60.00%
70.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.79% p.a.
n/a
n/a
n/a
3.07% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
70.00%
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.99% p.a.
n/a
n/a
n/a
2.99% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
none
60.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
2.99% p.a.
n/a
n/a
n/a
3.05% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
60.00%
70.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
3.09% p.a.
n/a
n/a
n/a
3.15% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$250.00
n/a
$250.00 yearly
$0.00
none
none
70.00%
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
none
yes
yes
If the valuation is over $300, 86 400 will cover the first $300.
none
$2,000 cashback for eligible home loans of at least $250,000 with applications received by 30 April 2021 and settled before 30 June 2021.
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 $150,000 over 25 years.
This product is not currently reviewed.
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2.47% p.a.
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1.84% p.a.
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2.09% p.a.
2.12% p.a.
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1.98% p.a.
fixed 3 years
3.56% p.a.
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n/a
n/a
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1.89% p.a.
fixed 3 years
3.03% p.a.
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1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
$0.00
Yard
Variable Home Loan Special
2.29% p.a.
2.32% p.a.
$0.00
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 $150,000 over 25 years.
