7.1/10

Based on 28505 ANZ product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

ANZ home loans

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.

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 lenders, head on over to our home loans section where we list the latest rates and home loan offers in the market.

What home loans do ANZ offer?

Rates and fees verified as correct at 28 May 2024. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

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.

Home loan repayments calculator

years

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

Variable Rate Home Loans

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. 

Home loan repayments calculator

years

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

ANZ home loan features in a glance

Repayment Icon

Repayment 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.

Rate icon

Interest 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.

Repayment Icon

Additional 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.

Rate icon

Ability 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).

Deposit icon

Locked in rate

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.

How are ANZ home loans rated?

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.

Icon of home-loans
ANZ home loans customer reviews
Overall
6.9/10
Price
6.6/10
Features
6.4/10
Customer service
6.9/10
Convenience
7.6/10
Trust
6.7/10
Based on 4128 ANZ product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent ANZ home loan reviews

ANZ Home Loan
Overall 6/10
Disappointed in their app & rewards site

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 review

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.

Price
6/10
Features
6/10
Customer service
3/10
Convenience
4/10
Trust
8/10
Less
Cherie, New South Wales, reviewed 13 days ago
ANZ Home Loan
Overall 9/10
My ANZ home loan journey and personal experience

As a first-time homebuyer, navigating the complex world of mortgages seemed daunting. However, with ANZ by my side, the journey became a breeze. From the initial inquiry to the closing of the deal, ANZ proved to be a reliable partner every step of the way. What sets ANZ apart is their unwavering commitment to customer satisfaction. They didn't just offer a cookie-cutter solution; instead, they took the time to understand my unique financial situation and goals. With a plethora of options at my disposal, I felt empowered to make informed decisions that aligned with my needs. One aspect that truly stood out was the transparency in communication. ANZ ensured that I was well-informed at every stage of the process, patiently answering my questions and addressing any concerns I had. This level of transparency instilled a sense of trust and confidence in their services. Moreover, ANZ's dedication to accessibility made the entire experience seamless. Whether it was through their user-friendly online portal or the support of their knowledgeable staff, assistance was always just a call or click away. In conclusion, ANZ didn't just provide me with a home loan; they provided me with peace of mind. With their unparalleled support and guidance, I was able to embark on the exciting journey of homeownership with confidence. If you're looking for a partner who will go above and beyond to fulfill your homeownership dreams, look no further than ANZ. They truly stand out from the rest.

Read full review

As a first-time homebuyer, navigating the complex world of mortgages seemed daunting. However, with ANZ by my side, the journey became a breeze. From the initial inquiry to the closing of the deal, ANZ proved to be a reliable partner every step of the way. What sets ANZ apart is their unwavering commitment to customer satisfaction. They didn't just offer a cookie-cutter solution; instead, they took the time to understand my unique financial situation and goals. With a plethora of options at my disposal, I felt empowered to make informed decisions that aligned with my needs. One aspect that truly stood out was the transparency in communication. ANZ ensured that I was well-informed at every stage of the process, patiently answering my questions and addressing any concerns I had. This level of transparency instilled a sense of trust and confidence in their services. Moreover, ANZ's dedication to accessibility made the entire experience seamless. Whether it was through their user-friendly online portal or the support of their knowledgeable staff, assistance was always just a call or click away. In conclusion, ANZ didn't just provide me with a home loan; they provided me with peace of mind. With their unparalleled support and guidance, I was able to embark on the exciting journey of homeownership with confidence. If you're looking for a partner who will go above and beyond to fulfill your homeownership dreams, look no further than ANZ. They truly stand out from the rest.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Melly, Victoria, reviewed about 2 months ago
ANZ Home Loan
Overall 8/10
Easy to deal with

Got the loan through Aussie Home Loans and they were very easy to deal with - yoo a while to approve

Read full review

Got the loan through Aussie Home Loans and they were very easy to deal with - yoo a while to approve

Price
6/10
Features
6/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Phoebe, New South Wales, reviewed about 2 months ago
ANZ Simplicity PLUS
Overall 6/10
Frustrated and placid banking

I'm generally well serviced by the staff at ANZ, (when they can be contacted) just like many banking services, they are becoming exclusively online and automated . Very frustrating, as more often than not, my needs require more than just texting to an AI software helper , or in some cases, a return text ( from god knows where) whom rarely understands my layman's terms of speech. Almost impossible to find a phone number for general inquiries with a real person. Overall I find the products and services competitive with other institutions.. shame there aren't more branches ... with staff... :(

Read full review

I'm generally well serviced by the staff at ANZ, (when they can be contacted) just like many banking services, they are becoming exclusively online and automated . Very frustrating, as more often than not, my needs require more than just texting to an AI software helper , or in some cases, a return text ( from god knows where) whom rarely understands my layman's terms of speech. Almost impossible to find a phone number for general inquiries with a real person. Overall I find the products and services competitive with other institutions.. shame there aren't more branches ... with staff... :(

Price
6/10
Features
8/10
Customer service
7/10
Convenience
5/10
Trust
6/10
Less
Zoe, Queensland, reviewed about 2 months ago
ANZ Standard Variable Rate Home Loan
Overall 1/10
Wish I had the time to change, they are terrible.

Had a home loan for almost 20 years with the ANZ, never been behind or had any issues. I currently am having time off work to care for my sick child who recently spent time in intensive care. I applied to change my loan to an interest-only loan to get by during this time, after jumping through multiple hoops and dealing with unhelpful staff, they declined it saying I don't have enough money to pay a lower amount on my mortgage than I am already paying. How does that make any sense? No customer service and there is absolutely no point being loyal to them, they have no loyalty to you.

Read full review

Had a home loan for almost 20 years with the ANZ, never been behind or had any issues. I currently am having time off work to care for my sick child who recently spent time in intensive care. I applied to change my loan to an interest-only loan to get by during this time, after jumping through multiple hoops and dealing with unhelpful staff, they declined it saying I don't have enough money to pay a lower amount on my mortgage than I am already paying. How does that make any sense? No customer service and there is absolutely no point being loyal to them, they have no loyalty to you.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Carmen, South Australia, reviewed about 2 months ago

What do you need to apply for a ANZ home loan?

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:

Home loan quick links