based on 28400 ANZ product reviews as rated by Mozo community

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 19 March 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
Overall
Price
Features
Customer service
Convenience
Trust

4108 Reviews

Recent ANZ home loan reviews

ANZ Home Loan
Overall 8/10
We were overall happy with Anz

Overall we were happy with ANZ

Read full review

Overall we were happy with ANZ

Price
8/10
Features
8/10
Customer service
6/10
Convenience
7/10
Trust
8/10
Less
Mike, Victoria, reviewed about 5 hours ago
ANZ Standard Variable Rate Home Loan
Overall 9/10
Great service, great bank’

We went with ANZ for its simple to use and easy features. The customer service was fantastic. Our agent helped up to understand our home loan and the best rate to go with. We are extremely happy with ANZ additionally due to its services that allow us to transfer money internationally.

Read full review

We went with ANZ for its simple to use and easy features. The customer service was fantastic. Our agent helped up to understand our home loan and the best rate to go with. We are extremely happy with ANZ additionally due to its services that allow us to transfer money internationally.

Price
9/10
Features
9/10
Customer service
9/10
Convenience
9/10
Trust
9/10
Less
Alexandra, Victoria, reviewed about 4 hours ago
ANZ Simplicity PLUS
Overall 8/10
A supportive bank

This bank has been helpful and supportive in managing the ups and downs of the cost of living and covid.

Read full review

This bank has been helpful and supportive in managing the ups and downs of the cost of living and covid.

Price
7/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Courtney, South Australia, reviewed about 4 hours ago
ANZ Home Loan
Overall 1/10
Hopeless

No responsive. Slow turnaround time. its been 3 wks already and still no reply. No SLA whatsoever.

Read full review

No responsive. Slow turnaround time. its been 3 wks already and still no reply. No SLA whatsoever.

Price
4/10
Features
3/10
Customer service
2/10
Convenience
2/10
Trust
1/10
Less
Lt, New South Wales, reviewed about 4 hours ago
ANZ Home Loan
Overall 3/10
Dont encourage to keep members

My issues are with the interest rates. They are not competitive or trying to encourage me to stay.

Read full review

My issues are with the interest rates. They are not competitive or trying to encourage me to stay.

Price
6/10
Features
3/10
Customer service
4/10
Convenience
8/10
Trust
3/10
Less
Rebecca, Victoria, reviewed about 4 hours 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