The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a interest only loan of at least $20,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan of at least $20,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $20,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $20,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $20,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $20,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 90% | $20,000 | |
| | Owner Occupier | Interest Only | < 80% | $20,000 | |
| | Owner Occupier | Principal & Interest | < 80% | $20,000 | |
| | Owner Occupier | Interest Only | < 90% | $20,000 | |
| | Investor | Principal & Interest | < 90% | $20,000 | |
| | Investor | Interest Only | < 80% | $20,000 | |
| | Investor | Principal & Interest | < 80% | $20,000 | |
| | Investor | Interest Only | < 90% | $20,000 |
Owner Occupier (Principal & Interest)
LVR < 90%
Loan: $20,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $20,000
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $20,000
Owner Occupier (Interest Only)
LVR < 90%
Loan: $20,000
Investor (Principal & Interest)
LVR < 90%
Loan: $20,000
Investor (Interest Only)
LVR < 80%
Loan: $20,000
Investor (Principal & Interest)
LVR < 80%
Loan: $20,000
Investor (Interest Only)
LVR < 90%
Loan: $20,000
The ANZ Fixed Rate home loan offers terms ranging from 1 to 10 years, along with a number of handy features such as free extra repayments (up to an annual limit) and the ability to split your loan between a fixed and variable rate. There are no limits to how much you can borrow, and if you’re short the usual 20% deposit, rest assured that you’ll be able to borrow up to 90% of a property’s value.
With the ANZ Fixed Rate home loan, you’ll be able to lock in a rate for as many as 10 years, with interest rates as low as 2.24% p.a. (3.88% p.a. comparison rate*) available on 3-year terms. While lengthier options might seem appealing, the interest rates on terms of 7 years and above are considerably steeper, so ask yourself if you really want to be paying more for much longer.
If you can bring together at least a 20% deposit on the loan, you'll be able to cut an additional 0.05% off your interest, bringing the discount rate down to 2.19%
Repayments can be made weekly, fortnightly or monthly, and you’ll be able to pay down your loan at a quicker pace if you’re able (though annual limits on extra repayments apply). If you’re only locking in your rate for one year, you can also take advantage of an ANZ One offset account, which can help you save on interest if used correctly. Unfortunately, all other fixed rate terms don’t offer this option.
The ANZ Fixed Rate home loan could be a good pick for homebuyers looking for certainty when it comes to repayments. The availability of certain features, such as an offset account and free extra repayments - will also be appreciated, however these come with limits.
There are a few fees that come with this one, including a $600 application fee and a $10 monthly service fee. Once your loan term is up, you’ll also be charged a $160 discharge fee. And as with all loans of this kind, at the end of the fixed rate period your interest rate will revert to a (usually higher) variable rate. In this case, the loan switches to the ANZ Standard Variable home loan.
n/a
n/a
n/a
n/a
2.24% (4.35%*)
2.24% (4.16%*)
2.24% (3.99%*)
2.44% (3.90%*)
2.44% (3.77%*)
7.69% (6.44%*)
7.69% (6.97%*)
4.39% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
3.88% (5.00%*)
3.58% (4.85%*)
3.78% (4.79%*)
3.98% (4.77%*)
3.98% (4.70%*)
7.64% (6.65%*)
7.64% (7.08%*)
4.94% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
80.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
2.19% (4.34%*)
2.19% (4.16%*)
2.19% (3.98%*)
2.39% (3.89%*)
2.39% (3.75%*)
7.64% (6.41%*)
7.64% (6.93%*)
4.39% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
80.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
3.93% (5.00%*)
3.63% (4.86%*)
3.83% (4.80%*)
4.03% (4.78%*)
4.03% (4.72%*)
7.69% (6.68%*)
7.69% (7.12%*)
4.94% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
2.74% (4.93%*)
2.64% (4.72%*)
2.64% (4.53%*)
3.14% (4.52%*)
3.14% (4.39%*)
7.69% (6.71%*)
7.69% (7.13%*)
4.99% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
2.89% (5.17%*)
2.79% (4.94%*)
2.79% (4.74%*)
3.29% (4.73%*)
3.29% (4.59%*)
7.64% (6.78%*)
7.64% (7.16%*)
5.24% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
80.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
2.69% (4.93%*)
2.59% (4.71%*)
2.59% (4.51%*)
3.09% (4.50%*)
3.09% (4.37%*)
7.64% (6.68%*)
7.64% (7.09%*)
4.99% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
80.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
n/a
n/a
n/a
n/a
2.94% (5.17%*)
2.84% (4.95%*)
2.84% (4.76%*)
3.34% (4.74%*)
3.34% (4.61%*)
7.69% (6.81%*)
7.69% (7.20%*)
5.24% p.a.
$600.00
$0.00
$0.00
$0.00
n/a
$10.00 monthly
$160.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to annual limit
no
no
none
yes
yes - 1 year fixed term only
none
No monthly fee after end of fixed rate term.
none
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.
Pros are, it is a bit bank and been around a long time and can be competitive. Cons are, I believe the big four banks should, because of this, be MORE competitive then any other banks, and they don't pass on their savings enough.
Read full reviewPros are, it is a bit bank and been around a long time and can be competitive. Cons are, I believe the big four banks should, because of this, be MORE competitive then any other banks, and they don't pass on their savings enough.
Like everything the bank ultimately comes out the real winner, but at least I get a percentage of it.
Read full reviewLike everything the bank ultimately comes out the real winner, but at least I get a percentage of it.
ANZ was very quick in approving our home loan in the midst of COVID-19. They were easy to deal with and the documentation was a very straight forward deal. We even settled 2 weeks earlier than expected.
Read full reviewANZ was very quick in approving our home loan in the midst of COVID-19. They were easy to deal with and the documentation was a very straight forward deal. We even settled 2 weeks earlier than expected.
Disappointing that customers do not receive interest cuts. Banks making huge profits and not sharing that with their customers. They would not make profitable without us.
Read full reviewDisappointing that customers do not receive interest cuts. Banks making huge profits and not sharing that with their customers. They would not make profitable without us.
I have never had any trouble with them but would like it easy to get out of fixed term loan.
Read full reviewI have never had any trouble with them but would like it easy to get out of fixed term loan.
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 App, it's easier to do banking on the go.
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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.
