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.
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| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments | |
|---|---|---|---|---|---|---|
|
6.79% p.a. |
7.12% p.a. |
$0.00 |
$160 |
|||
|
6.84% p.a. |
7.28% p.a. |
$0.00 |
$160 |
|||
|
6.59% p.a. |
7.06% p.a. |
$0.00 |
$160 |
|||
|
6.64% p.a. |
7.22% p.a. |
$0.00 |
$160 |
|||
|
6.74% p.a. |
7.53% p.a. |
$0.00 |
$160 |
|||
|
6.79% p.a. |
7.68% p.a. |
$0.00 |
$160 |
|||
|
6.69% p.a. |
7.51% p.a. |
$0.00 |
$160 |
|||
|
6.74% p.a. |
7.66% 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.
Compare 25+ lenders with our trusted partner, Lendi.
Talk to one of their experienced home loan specialists by answering a few questions online.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.59% p.a. |
6.59% p.a. |
$0.00 |
$160 |
||
|
6.64% p.a. |
6.64% p.a. |
$0.00 |
$160 |
||
|
7.64% p.a. |
7.64% p.a. |
$0.00 |
$160 |
||
|
6.54% p.a. |
6.54% p.a. |
$0.00 |
$160 |
||
|
7.24% p.a. |
7.24% p.a. |
$0.00 |
$160 |
||
|
7.79% p.a. |
7.80% p.a. |
$0.00 |
$160 |
||
|
7.24% p.a. |
7.25% p.a. |
$0.00 |
$160 |
||
|
7.44% p.a. |
7.45% p.a. |
$0.00 |
$160 |
||
|
7.99% p.a. |
7.99% p.a. |
$0.00 |
$160 |
||
|
7.09% p.a. |
6.90% p.a. |
$0.00 |
$160 |
||
|
7.19% p.a. |
7.00% p.a. |
$0.00 |
$160 |
||
|
7.79% p.a. |
7.71% p.a. |
$0.00 |
$160 |
||
|
7.98% p.a. |
7.99% p.a. |
$0.00 |
$160 |
||
|
7.04% p.a. |
6.85% p.a. |
$0.00 |
$160 |
||
|
6.74% p.a. |
6.74% p.a. |
$0.00 |
$160 |
||
|
6.84% p.a. |
6.84% p.a. |
$0.00 |
$160 |
||
|
7.64% p.a. |
7.64% p.a. |
$0.00 |
$160 |
||
|
6.69% p.a. |
6.69% p.a. |
$0.00 |
$160 |
||
|
8.09% p.a. |
8.10% p.a. |
$0.00 |
$160 |
||
|
8.29% p.a. |
8.30% p.a. |
$0.00 |
$160 |
||
|
7.84% p.a. |
7.85% p.a. |
$0.00 |
$160 |
||
|
8.04% p.a. |
8.05% p.a. |
$0.00 |
$160 |
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.
ANZ has been so helpful with sorting out our loans and heloing us set everything up correctly. They are easy to make an appointment with and talk to.
Read full reviewANZ has been so helpful with sorting out our loans and heloing us set everything up correctly. They are easy to make an appointment with and talk to.
I originally went with ANZ as they had a cash back offer for bringing home loan over. If I transfer money into my home loan account there doesn’t appear to be a way to transfer it out again. I also get charged a fee for the account that I had to setup for home loan repayments to come out of. I think it’s designed to encourage changing your everyday banking to them as the fee is waived if a certain amount is deposited each month. All in all, ANZ is quite good to deal with and call me annually to check in to see how things are.
Read full reviewI originally went with ANZ as they had a cash back offer for bringing home loan over. If I transfer money into my home loan account there doesn’t appear to be a way to transfer it out again. I also get charged a fee for the account that I had to setup for home loan repayments to come out of. I think it’s designed to encourage changing your everyday banking to them as the fee is waived if a certain amount is deposited each month. All in all, ANZ is quite good to deal with and call me annually to check in to see how things are.
Great products and safe security
Read full reviewGreat products and safe security
ANZ has well structured home loan facilities with competitive rates and transparency with accounts and customer service. Online service is very broad and emcompassing. We have been customers for almost 30 years and have few regrets during the period in regards to our loan facility. One negative aspect would be the wait times when trying to speak personally with a customer Rep. Otherwise, very happy with our loan and have recommended this bank to friends and family.
Read full reviewANZ has well structured home loan facilities with competitive rates and transparency with accounts and customer service. Online service is very broad and emcompassing. We have been customers for almost 30 years and have few regrets during the period in regards to our loan facility. One negative aspect would be the wait times when trying to speak personally with a customer Rep. Otherwise, very happy with our loan and have recommended this bank to friends and family.
ANZ Bank's online and mobile banking platforms are unreliable and difficult to navigate, often experiencing frequent outages and glitches. This makes it challenging for me to access their accounts and perform basic banking tasks. I still can't access my credit card rewards site.
Read full reviewANZ Bank's online and mobile banking platforms are unreliable and difficult to navigate, often experiencing frequent outages and glitches. This makes it challenging for me to access their accounts and perform basic banking tasks. I still can't access my credit card rewards site.
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: