ANZ is one of the largest banking groups in Australia and New Zealand, with a history that stretches back over 175 years. As one of Australia’s big 4 banks, it has a range of home loans that cater to every borrowing need from first home buyers, investors and everyone in between.
ANZ is one of the most awarded home loan lenders and was even named Home Loan Major Bank of the Year in the Mozo Experts Choice Home Loan Awards 2017.
On this page you can compare all of ANZ’s home loans including variable, fixed and line of credit home loans to find what’s best for your needs. If you’d like to compare ANZ home loans against other home loan lenders head on over to our home loans section where we list the latest rates and home loan offers in the market.
Rates and fees verified as correct at 19 August, 2017. Other information correct at the time of writing.
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 a monthly fee to consider with all ANZ fixed rate home loans.
| Product | Fixed 3 year rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.84% p.a. | 6.01% p.a. | $10.00 monthly | $600 | ||
| 4.44% p.a. | 5.58% p.a. | $10.00 monthly | $600 | ||
| 4.64% p.a. | 5.60% p.a. | $10.00 monthly | $600 | ||
| 4.14% p.a. | 5.02% p.a. | $10.00 monthly | $600 |
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 you’ll have to budget for. If you need to free up funds later on, you can use the ANZ redraw facility.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.30% p.a. | 4.34% p.a. | $0.00 | $0 | ||
| 4.03% p.a. | 4.07% p.a. | $0.00 | $0 | ||
| 6.26% p.a. | 6.36% p.a. | $5.00 monthly | $600 | ||
| 5.80% p.a. | 5.90% p.a. | $5.00 monthly | $600 | ||
| 5.75% p.a. | 5.85% p.a. | $5.00 monthly | $600 | ||
| 5.20% p.a. | 5.30% p.a. | $5.00 monthly | $600 |
If your home loan is over $150,000, you might want to opt for a home loan package like the ANZ Breakfree package. With the fixed home loan package you’ll pay an annual fee but in return you’ll get a discounted interest rate and other fees waived on your home loan (such as the loan application fee and upfront costs like legal, settlement or valuation fees), plus discounts will apply to any bank account and credit cards you hold with ANZ. You’ll even get discounts on insurance if you want.
| Product | Fixed 3 year rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.69% p.a. | 5.83% p.a. | $395.00 yearly | $0 | ||
| 4.69% p.a. | 5.62% p.a. | $395.00 yearly | $0 | ||
| 4.69% p.a. | 5.55% p.a. | $395.00 yearly | $0 | ||
| 4.29% p.a. | 5.40% p.a. | $395.00 yearly | $0 | ||
| 4.29% p.a. | 5.19% p.a. | $395.00 yearly | $0 | ||
| 4.29% p.a. | 5.22% p.a. | $395.00 yearly | $0 | ||
| 4.29% p.a. | 5.11% p.a. | $395.00 yearly | $0 | ||
| 4.29% p.a. | 5.15% p.a. | $395.00 yearly | $0 | ||
| 4.49% p.a. | 5.42% p.a. | $395.00 yearly | $0 | ||
| 4.49% p.a. | 5.20% p.a. | $395.00 yearly | $0 | ||
| 4.49% p.a. | 5.13% p.a. | $395.00 yearly | $0 | ||
| 3.99% p.a. | 4.89% p.a. | $395.00 yearly | $0 | ||
| 3.99% p.a. | 4.68% p.a. | $395.00 yearly | $0 | ||
| 3.99% p.a. | 4.72% p.a. | $395.00 yearly | $0 | ||
| 3.99% p.a. | 4.61% p.a. | $395.00 yearly | $0 | ||
| 3.99% p.a. | 4.64% p.a. | $395.00 yearly | $0 |
Alternatively, you could opt for the ANZ variable home loan, if you’re looking for increased flexibility in your repayment options. As with the fixed rate option, you’ll pay an annual fee but other fees will be waived and if you choose to bundle your banking products, discounts will apply to them as well.
The ANZ variable Breakfree package includes features to help you pay off your home loan sooner, including the use of an offset account, the ability to make extra repayments and to redraw if you need to.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 5.76% p.a. | 6.12% p.a. | $395.00 yearly | $0 | ||
| 5.46% p.a. | 5.83% p.a. | $395.00 yearly | $0 | ||
| 5.36% p.a. | 5.73% p.a. | $395.00 yearly | $0 | ||
| 5.30% p.a. | 5.67% p.a. | $395.00 yearly | $0 | ||
| 5.00% p.a. | 5.38% p.a. | $395.00 yearly | $0 | ||
| 5.05% p.a. | 5.43% p.a. | $395.00 yearly | $0 | ||
| 4.90% p.a. | 5.28% p.a. | $395.00 yearly | $0 | ||
| 4.95% p.a. | 5.33% p.a. | $395.00 yearly | $0 | ||
| 5.25% p.a. | 5.62% p.a. | $395.00 yearly | $0 | ||
| 4.95% p.a. | 5.33% p.a. | $395.00 yearly | $0 | ||
| 4.85% p.a. | 5.23% p.a. | $395.00 yearly | $0 | ||
| 4.70% p.a. | 5.08% p.a. | $395.00 yearly | $0 | ||
| 4.40% p.a. | 4.79% p.a. | $395.00 yearly | $0 | ||
| 4.45% p.a. | 4.84% p.a. | $395.00 yearly | $0 | ||
| 4.30% p.a. | 4.69% p.a. | $395.00 yearly | $0 | ||
| 4.35% p.a. | 4.74% p.a. | $395.00 yearly | $0 |
As its name suggests, ANZ’s Equity Manager is a line of credit account that allows you to turn the equity in your property into an approved limit of funds which can be drawn upon for your future personal and investment needs. The Equity Manager home loan is available for loan amounts over $20,000.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee |
|---|---|---|---|---|
| 6.37% p.a. | n/a | $150.00 yearly | $600 |
| Repayment optionsRepayment options | 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. |
| Interest onlyInterest only | 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. |
| Additional repaymentsAdditional repayments | 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. |
| Ability to splitAbility to split | 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). |
| Locked in rateLocked in rate | If you want extra assurance against any interest rate rises during your settlement period, you can opt for a locked in rate with ANZ’s fixed home loan on loans of up to $1,000,000 and fixed for 1 to 5 years. |
Wonder how ANZ home loans stack up against the competition? Check out how borrowers have rated ANZ home loans on price, convenience, customer service and features here.
* Overall rating based on reviews in the past 12 months.
I have never had a problem with them, and they are very quick to give loan approvals.
I have never had a problem with them, and they are very quick to give loan approvals.
Stella (WA), reviewed about 1 month ago
Their products are good. Not world leading or overly innovative, but the Big 4 don't really do that. The smaller banks that operate under their umbrella do better deals though.
Their products are good. Not world leading or overly innovative, but the Big 4 don't really do that. The smaller banks that operate under their umbrella do better deals though.
Phil (VIC), reviewed about 1 month ago
Very thorough people, nice to deal with and they are excellent with aged people.
Very thorough people, nice to deal with and they are excellent with aged people.
Elaine (VIC), reviewed about 2 months ago
They really like to help and are very friendly and advise you with the information you need.
They really like to help and are very friendly and advise you with the information you need.
Araina (QLD), reviewed about 2 months ago
The loan allows great flexibility to suit your changing lifestyle. The interest rates are excellent. The customer service at all ANZ bank branches has been exceptional. The service at ANZ branch Cannonvale, Queensland is just brilliant.
The loan allows great flexibility to suit your changing lifestyle. The interest rates are excellent. The customer service at all ANZ bank branches has been exceptional. The service at ANZ branch Cannonvale, Queensland is just brilliant.
Elaine (QLD), reviewed 4 months ago
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.
‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.
† Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.
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:
