Rates and fees verified as correct at 26 June 2022. Other information correct at the time of writing. Advertiser disclosure.
ANZ has an extensive range of fixed loan terms ranging from 1 year up to 10 years with a choice of interest only or principal and interest repayments. Your payment cycle can be timed to suit you with the option of weekly, fortnightly or monthly repayments. The 1 year fixed rate loan has an optional mortgage offset account and with all ANZ fixed rate loans you can make extra repayments up to a set amount each year. There is an application fee and monthly fee to consider with all ANZ fixed rate home loans.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.29% p.a. |
4.43% p.a. |
$0.00 |
$160 |
||
|
6.34% p.a. |
4.45% p.a. |
$0.00 |
$160 |
||
|
5.89% p.a. |
4.32% p.a. |
$0.00 |
$160 |
||
|
5.94% p.a. |
4.34% p.a. |
$0.00 |
$160 |
||
|
6.19% p.a. |
4.85% p.a. |
$0.00 |
$160 |
||
|
6.24% p.a. |
4.87% p.a. |
$0.00 |
$160 |
||
|
6.09% p.a. |
4.83% p.a. |
$0.00 |
$160 |
||
|
6.14% p.a. |
4.84% p.a. |
$0.00 |
$160 |
Looking for flexibility in a home loan? ANZ offers two variable home loans: a basic variable rate for loans starting from $50,000 and a standard variable rate loan for amounts over $20,000. If you are an existing ANZ customer you can borrow up to 95% of the property’s value but if you are a new customer the maximum LVR is 90%. Flexibility with an ANZ variable rate home loan comes in the form of money saving features such as a fee-free extra repayments facility and an offset account, but keep in mind there is a monthly service fee (with the standard variable option) that you’ll have to budget for. Meanwhile the ANZ Simplicity PLUS option doesn't have an offset account but it comes with zero ongoing fees and also gives borrowers the ability to take a repayment holiday. For both home loans, if you need to free up funds later on, you can use the ANZ redraw facility to dip into any extra repayments you've made.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
4.69% p.a. |
4.57% p.a. |
$0.00 |
$160 |
||
|
4.49% p.a. |
4.49% p.a. |
$0.00 |
$160 |
||
|
4.13% p.a. |
3.89% p.a. |
$0.00 |
$160 |
||
|
2.79% p.a. |
2.80% p.a. |
$0.00 |
$160 |
||
|
3.04% p.a. |
3.05% p.a. |
$0.00 |
$160 |
||
|
3.73% p.a. |
3.73% p.a. |
$0.00 |
$160 |
||
|
5.69% p.a. |
5.70% p.a. |
$0.00 |
$160 |
||
|
5.14% p.a. |
5.15% p.a. |
$0.00 |
$160 |
||
|
4.29% p.a. |
4.29% p.a. |
$0.00 |
$0 |
||
|
4.49% p.a. |
4.49% p.a. |
$0.00 |
$0 |
||
|
3.74% p.a. |
3.74% p.a. |
$0.00 |
$0 |
||
|
3.94% p.a. |
3.94% p.a. |
$0.00 |
$0 |
||
|
4.48% p.a. |
4.49% p.a. |
$0.00 |
$160 |
||
|
4.49% p.a. |
4.49% p.a. |
$0.00 |
$160 |
||
|
3.84% p.a. |
3.59% p.a. |
$0.00 |
$160 |
||
|
3.94% p.a. |
3.69% p.a. |
$0.00 |
$160 |
||
|
4.27% p.a. |
4.21% p.a. |
$0.00 |
$160 |
||
|
3.44% p.a. |
3.44% p.a. |
$0.00 |
$160 |
||
|
3.54% p.a. |
3.54% p.a. |
$0.00 |
$160 |
||
|
4.17% p.a. |
4.17% p.a. |
$0.00 |
$160 |
||
|
5.99% p.a. |
6.00% p.a. |
$0.00 |
$160 |
||
|
5.74% p.a. |
5.75% p.a. |
$0.00 |
$160 |
||
|
4.79% p.a. |
4.79% p.a. |
$0.00 |
$0 |
||
|
4.34% p.a. |
4.34% p.a. |
$0.00 |
$0 |
||
|
4.54% p.a. |
4.54% p.a. |
$0.00 |
$0 |
Most of ANZ’s home loans have very flexible repayment options where you can choose to pay off your home loan on a weekly, fortnightly or monthly basis.
You could opt for an interest only payment option with an ANZ home loan, should you need to free up extra cash for other commitments.
ANZ’s variable home loans allow you to make unlimited extra repayments without penalty so you can pay off your loan faster and reduce your interest payments over the term of your loan. The fixed rate option also comes with the flexibility of an extra repayments facility, allowing you to make additional payments up to a set amount each year of the fixed rate period.
For borrowers who want the best of both worlds, ANZ’s home loans come with the option of splitting your loan between a fixed and variable rate. Not only will you have the security of a fixed rate but you can access all the benefits of a variable rate such as repayment flexibility and an offset account (if eligible).
If you want extra assurance against any interest rate rises during your settlement period, you can opt to lock in a rate with ANZ’s fixed home loan on loan amounts from $20,000 and fixed for 1 to 10 years.
Mozo users have rated ANZ home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
4069 Reviews
Always easy to get a hold of on the phone, minimal wait times in the branch near me. Everyone I deal with is super helpful. They changed my home loan rate recently which was hassle-free and very easily done. Their online banking is extremely easy to use. Would absolutely recommend it to others.
Read full reviewAlways easy to get a hold of on the phone, minimal wait times in the branch near me. Everyone I deal with is super helpful. They changed my home loan rate recently which was hassle-free and very easily done. Their online banking is extremely easy to use. Would absolutely recommend it to others.
Smooth process and good customer service
Read full reviewSmooth process and good customer service
Excellent bank. Products and features are good. Rates slowly rising especially for investment. Account fees remain the same.
Read full reviewExcellent bank. Products and features are good. Rates slowly rising especially for investment. Account fees remain the same.
This bank has many ATMs available. I have 2 mortgages through this bank and have had very easy dealings to establish and review my home loans. The bank will occasionally (maybe once per year) contact me to see if I would like to discuss opportunities to reduce interest rates, make changes to any other accounts or investigate better options for me.
Read full reviewThis bank has many ATMs available. I have 2 mortgages through this bank and have had very easy dealings to establish and review my home loans. The bank will occasionally (maybe once per year) contact me to see if I would like to discuss opportunities to reduce interest rates, make changes to any other accounts or investigate better options for me.
The Branch Manager at Myrtleford is exceptional. Fantastic customer service, will always support you, go s above and beyond and is very trustworthy.
Read full reviewThe Branch Manager at Myrtleford is exceptional. Fantastic customer service, will always support you, go s above and beyond and is very trustworthy.
You can apply online for an ANZ home loan or make an appointment with an ANZ home loan specialist but you’ll need to have these details and documentation at the ready: