ANZ Fixed Rate (Breakfree Package)

3.99% p.a.

4.89% p.a.

$395.00 yearly

3.99% p.a.

4.68% p.a.

$395.00 yearly

3.99% p.a.

4.61% p.a.

$395.00 yearly

3.99% p.a.

4.72% p.a.

$395.00 yearly

3.99% p.a.

4.64% p.a.

$395.00 yearly

4.59% p.a.

5.44% p.a.

$395.00 yearly

4.59% p.a.

5.23% p.a.

$395.00 yearly

4.59% p.a.

5.16% p.a.

$395.00 yearly

4.29% p.a.

5.40% p.a.

$395.00 yearly

4.29% p.a.

5.19% p.a.

$395.00 yearly

4.29% p.a.

5.11% p.a.

$395.00 yearly

4.29% p.a.

5.22% p.a.

$395.00 yearly

4.29% p.a.

5.15% p.a.

$395.00 yearly

4.49% p.a.

5.77% p.a.

$395.00 yearly

4.49% p.a.

5.56% p.a.

$395.00 yearly

4.49% p.a.

5.49% p.a.

$395.00 yearly

ANZ Fixed Rate (Breakfree Package) Review

Rates and fees information correct as at 26 April 2018.

Review published: 25 July 2014

What's hot:

  • Range of fixed rate terms

  • Package to reduce fees and increase savings

  • Home Loan Major Bank of the Year in the 2017 Mozo Experts Choice Awards

What's not:

  • No redraw facility

Mozo snapshot:

If you're after a fixed rate loan from a Big Bank and want to also save on some of your everyday banking products like transactions accounts and credit cards, the ANZ Fixed Rate Breakfree package could be a great loan to get. In fact, this home loan impressed the judges of the Mozo Experts Choice Awards so much that it won the top spot as the Home Loan Major Bank of the Year 2017. 

Key features:

The ANZ Fixed Rate Breakfree package has no loan application fee, or usual upfront fees like legal, settlement or valuation fees. These include no account fee on your transaction account (saving of $5 a month) and no annual fee on the ANZ Frequent Flyer Platinum Card, a saving of $295. But you will pay an $395 annual package fee for the life of the loan so make sure that you also take advantage of the flexible features to make the most of the savings offered. 

You can make extra repayments up to a set limit but as with all fixed rate loans there isn't the ability to redraw if you need the funds at a later date. There isn't a maximum loan amount with the Breakfree fixed package and you can borrow up to 90% LVR.

While the ANZ Breakfree Package gives you a 0.15% p.a. discount off the standard ANZ fixed rates for terms 1,2,4 and 5 years, there are different fixed rates for owner occupiers vs investors.  

Owner Occupier

If you call the property home, with the ANZ Breakfree Package you will receive a competitive 4.09% for 1 year, 3.99% for 2 years, 3.99% for 3 years, 4.49% for 4 years and 4.59% and 5 years. 

Investment

By comparison, the rates are slightly higher if you are an investor, with 4.29% fixed rate for 1 year, 4.19% for 2 years, 4.29% 3 years, 4.79% for 4 years, and 4.79% for 5 years. 



Who it's good for:

Borrowers that want simplified banking by bundling all of their major banking products - home loan, credit card and transaction account - with the one bank and want to stick to one of the major 4 players. 

Any catches?

Just keep an eye on the end date of the fixed loan period and compare to make sure that the variable rate revert rate is competitive with other loans on the market for the same features.

How are ANZ home loans rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
7.2

Based on 1118
ANZ home loans reviews

6.8 6.8 7.3 7.6 7.2

Read ANZ home loan reviews by the Mozo community

Latest reviews of ANZ Fixed Rate (Breakfree Package)

ANZ

ANZ Fixed Rate (Owner Occupier, Principal & Interest, $150k-$250k) (Breakfree Package) home loan review

Overall rating   7 / 10

fantastic customer service/product knowledge

I love, love, love my bank manager she is the best. I appreciate the time she spends with me (one on one) explaining different products/policies and researching the pros and cons to find what is the best loan/s for my lifestyle.

Full review

I love, love, love my bank manager she is the best. I appreciate the time she spends with me (one on one) explaining different products/policies and researching the pros and cons to find what is the best loan/s for my lifestyle.

    Price   6 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   5 / 10

    Trust   9 / 10

Less

Leesa (QLD), reviewed 21 days ago

ANZ

ANZ Fixed Rate (Owner Occupier, Principal & Interest, $150k-$250k) (Breakfree Package) home loan review

Overall rating   7 / 10

Thanks

I'm happy with ANZ.

Full review

I'm happy with ANZ.

    Price   8 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   6 / 10

Less

Cheryl (NSW), reviewed about 1 month ago

ANZ

ANZ Fixed Rate (Owner Occupier, Principal & Interest, $150k-$250k) (Breakfree Package) home loan review

Overall rating   7 / 10

Pretty happy with it

I like the break free package and the ability to have all our financial products together through same provider.

Full review

I like the break free package and the ability to have all our financial products together through same provider.

    Price   8 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   9 / 10

    Trust   5 / 10

Less

Natalie (WA), reviewed about 1 month ago

ANZ

ANZ Fixed Rate (Owner Occupier, Principal & Interest, $150k-$250k) (Breakfree Package) home loan review

Overall rating   5 / 10

It’s always good for me

It's always good for me but their interest rates are high

Full review

It's always good for me but their interest rates are high

    Price   5 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

Lois (WA), reviewed 3 months ago

ANZ

ANZ Fixed Rate (Owner Occupier, Principal & Interest, $150k-$250k) (Breakfree Package) home loan review

Overall rating   6 / 10

Poor service at transition.

Had to refinance loan a few years ago. We felt the service and information wasn't as informative as it should have been, the old loan was offset so it suited our situation better.

Full review

Had to refinance loan a few years ago. We felt the service and information wasn't as informative as it should have been, the old loan was offset so it suited our situation better.

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   8 / 10

    Trust   6 / 10

Less

Kris (WA), 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.

Currently showing

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.09% (5.02%*)

  • 3.99% (4.95%*)

  • 3.99% (4.89%*)

  • 4.49% (5.01%*)

  • 4.59% (5.04%*)

  • 7.54% (6.70%*)

  • 7.54% (7.15%*)

  • 4.70% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.09% (4.76%*)

  • 3.99% (4.71%*)

  • 3.99% (4.68%*)

  • 4.49% (4.82%*)

  • 4.59% (4.87%*)

  • 7.54% (6.57%*)

  • 7.54% (7.07%*)

  • 4.40% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.09% (4.67%*)

  • 3.99% (4.63%*)

  • 3.99% (4.61%*)

  • 4.49% (4.75%*)

  • 4.59% (4.81%*)

  • 7.54% (6.53%*)

  • 7.54% (7.04%*)

  • 4.30% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $500,000

  • none

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.09% (4.80%*)

  • 3.99% (4.75%*)

  • 3.99% (4.72%*)

  • 4.49% (4.85%*)

  • 4.59% (4.89%*)

  • 7.54% (6.60%*)

  • 7.54% (7.08%*)

  • 4.45% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $250,000

  • $499,999

  • 80.00%

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.09% (4.71%*)

  • 3.99% (4.67%*)

  • 3.99% (4.64%*)

  • 4.49% (4.79%*)

  • 4.59% (4.84%*)

  • 7.54% (6.55%*)

  • 7.54% (7.05%*)

  • 4.35% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $500,000

  • none

  • 80.00%

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.59% (5.56%*)

  • 4.49% (5.48%*)

  • 4.59% (5.44%*)

  • 4.99% (5.53%*)

  • 5.09% (5.55%*)

  • 7.54% (6.93%*)

  • 7.54% (7.29%*)

  • 5.25% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.59% (5.29%*)

  • 4.49% (5.24%*)

  • 4.59% (5.23%*)

  • 4.99% (5.34%*)

  • 5.09% (5.39%*)

  • 7.54% (6.81%*)

  • 7.54% (7.21%*)

  • 4.95% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.59% (5.20%*)

  • 4.49% (5.16%*)

  • 4.59% (5.16%*)

  • 4.99% (5.28%*)

  • 5.09% (5.33%*)

  • 7.54% (6.77%*)

  • 7.54% (7.18%*)

  • 4.85% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $500,000

  • none

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.29% (5.57%*)

  • 4.19% (5.46%*)

  • 4.29% (5.40%*)

  • 4.79% (5.49%*)

  • 4.79% (5.46%*)

  • 7.54% (6.96%*)

  • 7.54% (7.30%*)

  • 5.30% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.29% (5.31%*)

  • 4.19% (5.23%*)

  • 4.29% (5.19%*)

  • 4.79% (5.30%*)

  • 4.79% (5.29%*)

  • 7.54% (6.83%*)

  • 7.54% (7.22%*)

  • 5.00% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.29% (5.22%*)

  • 4.19% (5.15%*)

  • 4.29% (5.11%*)

  • 4.79% (5.24%*)

  • 4.79% (5.23%*)

  • 7.54% (6.79%*)

  • 7.54% (7.20%*)

  • 4.90% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $500,000

  • none

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.29% (5.35%*)

  • 4.19% (5.26%*)

  • 4.29% (5.22%*)

  • 4.79% (5.33%*)

  • 4.79% (5.32%*)

  • 7.54% (6.85%*)

  • 7.54% (7.24%*)

  • 5.05% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $250,000

  • $499,999

  • 80.00%

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.29% (5.26%*)

  • 4.19% (5.19%*)

  • 4.29% (5.15%*)

  • 4.79% (5.27%*)

  • 4.79% (5.26%*)

  • 7.54% (6.81%*)

  • 7.54% (7.21%*)

  • 4.95% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $500,000

  • none

  • 80.00%

  • 90.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.54% (6.00%*)

  • 4.44% (5.87%*)

  • 4.49% (5.77%*)

  • 4.99% (5.85%*)

  • 4.99% (5.80%*)

  • 7.54% (7.15%*)

  • 7.54% (7.42%*)

  • 5.76% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $150,000

  • $249,999

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.54% (5.74%*)

  • 4.44% (5.63%*)

  • 4.49% (5.56%*)

  • 4.99% (5.66%*)

  • 4.99% (5.63%*)

  • 7.54% (7.02%*)

  • 7.54% (7.34%*)

  • 5.46% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $250,000

  • $499,999

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

Rates

  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.54% (5.65%*)

  • 4.44% (5.56%*)

  • 4.49% (5.49%*)

  • 4.99% (5.60%*)

  • 4.99% (5.57%*)

  • 7.54% (6.98%*)

  • 7.54% (7.32%*)

  • 5.36% p.a.

Fees

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $395.00 yearly

  • $160.00

Other financial bits

  • $500,000

  • none

  • none

  • 80.00%

Features

  • Weekly, Fortnightly, Monthly

  • yes - free up to annual limit

  • no

  • no

  • none

  • yes

  • yes - 1 year fixed term only

  • none

  • none

About ANZ

ANZ is one of the largest companies in Australia and New Zealand, with a history that stretches back over 170 years. The bank offers a range of banking and financial products to more than 5.7 million retail customers, including home loans, credit cards and debit cards, personal loans, savings and banking accounts and personal insurance. And now, with its new mobile banking application, ANZ goMoney, it's easier to do banking on the go.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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