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 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 05 July, 2020. 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 ‡ |
|---|---|---|---|---|---|
| 2.84% p.a. | 4.76% p.a. | $10.00 monthly | $600 | ||
| 2.64% p.a. | 4.53% p.a. | $10.00 monthly | $600 | ||
| 3.83% p.a. | 4.80% p.a. | $10.00 monthly | $600 | ||
| 2.44% p.a. | 4.04% 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 ‡ |
|---|---|---|---|---|---|
| 3.73% p.a. | 3.71% p.a. | $0.00 | $0 | ||
| 3.74% p.a. | 3.78% p.a. | $0.00 | $0 | ||
| 3.74% p.a. | 3.78% p.a. | $0.00 | $0 | ||
| 3.32% p.a. | 3.23% p.a. | $0.00 | $0 | ||
| 3.12% p.a. | 3.16% p.a. | $0.00 | $0 | ||
| 3.22% p.a. | 3.26% p.a. | $0.00 | $0 | ||
| 2.72% p.a. | 2.76% p.a. | $0.00 | $0 | ||
| 2.98% p.a. | 3.02% p.a. | $0.00 | $0 | ||
| 5.24% p.a. | 5.34% p.a. | $5.00 monthly | $600 | ||
| 4.99% p.a. | 5.09% p.a. | $5.00 monthly | $600 | ||
| 4.94% p.a. | 5.04% p.a. | $5.00 monthly | $600 | ||
| 4.39% p.a. | 4.49% 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 ‡ |
|---|---|---|---|---|---|
| 2.69% p.a. | 4.59% p.a. | $395.00 yearly | $0 | ||
| 2.69% p.a. | 4.37% p.a. | $395.00 yearly | $0 | ||
| 2.69% p.a. | 4.30% p.a. | $395.00 yearly | $0 | ||
| 2.49% p.a. | 4.37% p.a. | $395.00 yearly | $0 | ||
| 2.49% p.a. | 4.15% p.a. | $395.00 yearly | $0 | ||
| 2.49% p.a. | 4.18% p.a. | $395.00 yearly | $0 | ||
| 2.49% p.a. | 4.07% p.a. | $395.00 yearly | $0 | ||
| 2.49% p.a. | 4.11% p.a. | $395.00 yearly | $0 | ||
| 3.68% p.a. | 4.63% p.a. | $395.00 yearly | $0 | ||
| 3.68% p.a. | 4.41% p.a. | $395.00 yearly | $0 | ||
| 3.68% p.a. | 4.34% p.a. | $395.00 yearly | $0 | ||
| 2.29% p.a. | 3.89% p.a. | $395.00 yearly | $0 | ||
| 2.29% p.a. | 3.67% p.a. | $395.00 yearly | $0 | ||
| 2.29% p.a. | 3.70% p.a. | $395.00 yearly | $0 | ||
| 2.29% p.a. | 3.60% p.a. | $395.00 yearly | $0 | ||
| 2.29% p.a. | 3.63% 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 ‡ |
|---|---|---|---|---|---|
| 4.74% p.a. | 5.12% p.a. | $395.00 yearly | $0 | ||
| 4.44% p.a. | 4.83% p.a. | $395.00 yearly | $0 | ||
| 4.34% p.a. | 4.73% p.a. | $395.00 yearly | $0 | ||
| 4.49% p.a. | 4.88% p.a. | $395.00 yearly | $0 | ||
| 4.19% p.a. | 4.58% p.a. | $395.00 yearly | $0 | ||
| 4.24% p.a. | 4.63% p.a. | $395.00 yearly | $0 | ||
| 4.09% p.a. | 4.48% p.a. | $395.00 yearly | $0 | ||
| 4.14% p.a. | 4.53% p.a. | $395.00 yearly | $0 | ||
| 4.44% p.a. | 4.83% p.a. | $395.00 yearly | $0 | ||
| 4.14% p.a. | 4.53% p.a. | $395.00 yearly | $0 | ||
| 4.04% p.a. | 4.44% p.a. | $395.00 yearly | $0 | ||
| 3.89% p.a. | 4.29% p.a. | $395.00 yearly | $0 | ||
| 3.59% p.a. | 4.00% p.a. | $395.00 yearly | $0 | ||
| 3.79% p.a. | 4.19% p.a. | $395.00 yearly | $0 | ||
| 3.49% p.a. | 3.90% p.a. | $395.00 yearly | $0 | ||
| 3.69% p.a. | 4.09% 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 |
|---|---|---|---|---|
| 6.01% p.a. | n/a | $150.00 yearly | $600 |
‡ 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.
| 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.
I feel like I'm just a number, no longer does our bank give the personal touch or even care. No customer loyalty for all the years we have banked with them. Very poor customer relations. I would advise people to shop around and maybe go for a...
I feel like I'm just a number, no longer does our bank give the personal touch or even care. No customer loyalty for all the years we have banked with them. Very poor customer relations. I would advise people to shop around and maybe go for a smaller bank who wants your business and treats you accordingly. I am so disappointed in our bank's attitude to a customer who has been with them for 25 years and in that time has put a considerable amount of money through them.
Judy, Western Australia, reviewed 6 days ago
Very good rates and great customer service - can easily get to whom I need to speak to through the app. The app could do with more functionality and choice for the customer. For example, I can't turn off voice ID for transactions over a certain...
Very good rates and great customer service - can easily get to whom I need to speak to through the app. The app could do with more functionality and choice for the customer. For example, I can't turn off voice ID for transactions over a certain value (I would rather use a number generator).
Luke, Australian Capital Territory, reviewed 6 days ago
We were with St George for ten years and changed to ANZ and have been so happy with the service for the past 20years. There are lots of branches if I need "face to face" and I can always speak to someone on the phone at anytime to help me or...
We were with St George for ten years and changed to ANZ and have been so happy with the service for the past 20years. There are lots of branches if I need "face to face" and I can always speak to someone on the phone at anytime to help me or answer questions. If someone is interested in banking or getting a loan with ANZ, I would thoroughly recommend them for great service and secure banking.
Stephanie, New South Wales, reviewed 9 days ago
We have all our banking with the ANZ. At our local branch we always see the same person as he is very friendly and helpful with whatever it is we are needing. If things don't go to plan, he apolgises and does everything he can to make it right. We...
We have all our banking with the ANZ. At our local branch we always see the same person as he is very friendly and helpful with whatever it is we are needing. If things don't go to plan, he apolgises and does everything he can to make it right. We currently have 5 accounts with ANZ and if we were to look at getting another loan or account, we'd go straight to the same person.
Roy, South Australia, reviewed 9 days ago
For a large family, this is the only bank that we can get a home loan with as the 'price' they put on living expenses for children is much lower. We currently have 2 home loans with this bank.
For a large family, this is the only bank that we can get a home loan with as the 'price' they put on living expenses for children is much lower. We currently have 2 home loans with this bank.
Carmen, South Australia, reviewed 9 days ago
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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: