The details shown below are for an owner occupier taking out a principal & interest loan between $10,000 and $5,000,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan between $10,000 and $5,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $10,000 and $5,000,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $10,000 and $5,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $10,000 and $5,000,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $10,000 and $5,000,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $10,000 and $5,000,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $10,000 $5,000,000

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $10,000 $5,000,000

  • Owner Occupier (Principal & Interest)

    LVR 90%-95%

    Loan: $10,000 $5,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $10,000 $5,000,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $10,000 $5,000,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $10,000 $5,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $10,000 $5,000,000

Rate
2.88% p.a.
Comparison Rate
2.92% p.a.
Service fee
$0.00
Upfront fee
$498
Rate
2.49% p.a.
Comparison Rate
2.53% p.a.
Service fee
$0.00
Upfront fee
$498
Rate
3.43% p.a.
Comparison Rate
3.47% p.a.
Service fee
$0.00
Upfront fee
$498
Rate
2.99% p.a.
Comparison Rate
3.03% p.a.
Service fee
$0.00
Upfront fee
$498
Rate
3.23% p.a.
Comparison Rate
3.27% p.a.
Service fee
$0.00
Upfront fee
$498
Rate
2.79% p.a.
Comparison Rate
2.83% p.a.
Service fee
$0.00
Upfront fee
$498
Rate
3.09% p.a.
Comparison Rate
3.13% p.a.
Service fee
$0.00
Upfront fee
$498

Mozo editorial review Adelaide Bank SmartSaver

Last updated: 8 April 2021.

binocular icon
What's hot
  • Variable rates from 2.49% (2.53% comparison rate*)
  • No ongoing service fees
  • Free extra loan repayments & redraws
What's not
  • $498 in upfront fees
Mozo snapshot

Looking for a low rate home loan to help you get into your dream home? Well, with competitive variable rates starting from 2.49% (2.53% comparison rate*), plus flexible features like extra repayments and a redraw facility,the SmartSaver loan from Adelaide Bank could be just what you’re after!

key icon
Key features

The Adelaide Bank SmartSaver home loan gets the ball rolling with competitive variable interest rates on loans between $10,000 and $5,000,000 for both owner occupiers and investors. The lowest rates currently on offer are: 

  • 2.49% (2.53% comparison rate*) for owner occupiers with an LVR below 80%
  • 2.79% (2.83% comparison rate*) for investors with an LVR below 80%

Got a slighter lower deposit? No matter, because Adelaide Bank also offer rates starting from 2.88% (2.92% comparison rate*) for owner occupier borrowers with deposits as low as 10% (90% LVR). Just bear in mind that lenders mortgage insurance may be a requirement for deposits below 20%. 

When it comes to repayments, Adelaide Bank gives customers the choice of making either weekly, fortnightly or monthly repayment options - so you’ll be able to tailor them to suit your budget.

Free extra repayments are also available, as is the option for borrowers to dip into those additional repayments via the free redraw facility should they ever need access to extra funds. Plus there’s a super low minimum redraw amount of just $1.

Not to mention, the SmartSaver loan also comes with a split account option, meaning you’ll be able to split a portion of your loan between a variable and fixed rate.

snapshot
Who is it good for

The Adelaide Bank SmartSaver loan could make a great home loan option for loads of Aussies, especially those after a loan with competitive variable rates for low deposit borrowers. 

question icon
Any catches

Just be aware that there are a couple of fees that you’ll need to budget for with the Adelaide Bank Smart Saver, such as the $299 application fee, $199 settlement fee and $325 discharge fee.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 2.88% p.a.

  • n/a

  • n/a

  • n/a

  • 2.92% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 2.49% p.a.

  • n/a

  • n/a

  • n/a

  • 2.53% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.43% p.a.

  • n/a

  • n/a

  • n/a

  • 3.47% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • 90.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 2.99% p.a.

  • n/a

  • n/a

  • n/a

  • 3.03% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.23% p.a.

  • n/a

  • n/a

  • n/a

  • 3.27% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 2.79% 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

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Details

Rates and fees information correct as at 17 April 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.09% p.a.

  • n/a

  • n/a

  • n/a

  • 3.13% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $299.00

  • $0.00

  • $0.00

  • $199.00

  • n/a

  • $0.00

  • $325.00

Other financial bits
  • $10,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $1.00

  • yes

  • no

  • none

  • none

  • none

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.

Customer Reviews

How are Adelaide Bank home loans rated by the Mozo community?

Overall
6.6/10
Price
6.3/10
Features
6.1/10
Customer service
6.7/10
Convenience
6.1/10
Trust
6.7/10

Latest reviews of Adelaide Bank SmartSaver

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About Adelaide Bank

Adelaide Bank originally hails from South Australia, but today serves customers all around Australia. Adelaide Bank recently merged with Bendigo Bank to give the major banks a run for their money. So if you're looking for a banking alternative, check out Adelaide Bank to see if they have a home loan, personal loan, term deposit or bank account that suits your needs.

See Adelaide Bank home loans

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2.19% p.a.
fixed 3 years

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AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

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Tic:Toc

Fixed Home Loan

1.99% p.a.
fixed 3 years

2.15% p.a.

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Fixed Rate Home Loan (Premium Plus Package)

1.98% p.a.
fixed 3 years

3.56% p.a.

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Low Rate Home Loan

2.14% p.a. variable

2.16% p.a.

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1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

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Basic Home Loan

2.64% p.a.

2.64% p.a.

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UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

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AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

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Low Rate Home Loan

2.14% p.a.

2.16% p.a.

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2.45% p.a.

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1.79% p.a.

1.84% p.a.

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2.12% p.a.

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Fixed Home Loan

1.99% p.a.
fixed 3 years

2.70% p.a.

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UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.09% p.a.
fixed 3 years

2.43% p.a.

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Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

1.98% p.a.
fixed 3 years

3.56% p.a.

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Fixed Rate Home Loan (Home Loan Package)

2.09% p.a.
fixed 3 years

2.86% p.a.

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Homestar

Star Classic Fixed Home Loan

n/a

n/a

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People's Choice Credit Union

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1.89% p.a.
fixed 3 years

3.03% p.a.

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Well Balanced Fixed

2.04% p.a.
fixed 3 years

2.17% p.a.

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

$0.00

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Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

$0.00

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Well Home Loans

Well Balanced

2.17% p.a.

2.20% p.a.

$0.00

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Star Gold Home Loan

1.79% p.a.

1.84% p.a.

$0.00

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2.14% p.a.

2.16% p.a.

$0.00

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2.19% p.a.

2.20% p.a.

$0.00

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Suncorp

Back to Basics

2.44% p.a.

2.45% p.a.

$0.00

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Athena

AcceleRATES Variable Home Loan

2.29% p.a.

2.23% 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.